Market
Bitcoin buyers and bagholders are both selling into the rebound below $70,000
BTC must absorb selling from older and newer investors before challenging nearly $4.5 billion in call open interest between $70,000 and $80,000
Sentiment: Neutral
Latest stories
Payments
Steak ‘n Shake credits Bitcoin for company growth – But is PR value now worth more than people actually using BTC?
The chain reports 16% July sales growth, but without BTC payment share its merchant model cannot be measured.
Taxes
Japan passes the crypto law traders wanted but its 20% tax could still wait until 2028
A 2028 start depends on FIEA enforcement landing in 2027, while eligible assets and product approvals face separate gates.
Rumors
SEC filing shows viral $71 million XRP ETF claims are out by 1,000x
A CryptoSlate analysis of SEC filings found the adviser reported 12,380 XRPI shares worth $71,059 and had disclosed the holding a quarter earlier.
Exchanges
Robinhood tackled Coinbase head-on then immediately inherited Base’s biggest problem
Base is now refocusing on trading and payments while Robinhood uses tokenized stocks to extend its brokerage business onto blockchain rails.
Analysis
Crypto equities gained 23% while crypto tokens fell 36% this year – Is value shifting?
Crypto companies gained 23% in the first half of 2026 as the industry’s fastest-growing businesses found new ways to capture value.
Digital Asset Treasuries
This Bitcoin-backed company is betting retiring founders will swap private stock for their life’s work
Orange Juice plans to acquire profitable American businesses and direct part of their retained earnings toward permanent Bitcoin accumulation.
Analysis
Bitcoin’s old coins have gone quiet and $69,000 could reveal whether the new holders crack
Bitcoin’s multi-year supply handoff is nearing completion as the wave of old coins reactivated during 2024 and 2025 fades.
Wallets
Is using an old iPhone safer than a crypto hardware wallet? ZachXBT thinks so
Wallet developers are adding spending limits, approved destinations, and delayed transfers to stop irreversible thefts.
ETF
BlackRock earned $82M while its crypto funds erased $30B – now it wants inside your wallet
BlackRock spot funds remained profitable through the selloff, but its 2030 target depends on businesses beyond Bitcoin and Ethereum.
Politics
US government sends $288M to Coinbase putting Bitcoin reserve rules into question
The transfer shows US government-owned crypto movement, leaving legal status and execution records to determine whether the promise holds.
AI
Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it
The 175 MW contract creates a long revenue path while funding terms remain undisclosed and missed milestones may reduce rent or end the lease.