Global #Bitcoin

Following a week of underperformance driven by weak corporate interest and significant ETF outflows, Bitcoin's price has been stuck in a narrow trading range between $114,400 and $117,300.

El Salvador has increased its national Bitcoin reserves by eight coins over the last week, raising its total holdings to 6,277.18 BTC.

On Friday, Ethereum surpassed the $4,800 mark, hitting its highest price since late 2021 and closing in on its record high of $4,878.26.

Federal Reserve Chair Jerome Powell recently hinted at a possible shift to an easier monetary policy, suggesting that the central bank might soon lower interest rates.

U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) have continued their streak of net outflows, with investors pulling a combined total of over $550 million on August 20 alone.

Hong Kong-listed construction firm Ming Shing Group Holdings has announced a major move into digital assets, agreeing to purchase 4,250 Bitcoin for approximately $482.96 million.

Cameron and Tyler Winklevoss, the founders of Gemini, have made a landmark political donation of over 188 Bitcoin, valued at approximately $21 million, to the Digital Freedom Fund PAC.

Core Foundation, a Bitcoin scaling solution, has joined forces with digital asset custodian Hex Trust to offer institutional clients in the Asia-Pacific (APAC) and MENA regions a new way to earn returns on their Bitcoin.

The crypto market recently took a $107 billion hit, with Bitcoin briefly dipping below its key support level of $112,526.

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decisions on several new cryptocurrency exchange-traded fund (ETF) applications, pushing the deadlines to October.

According to a new analysis from Bernstein, the recent all-time high for Bitcoin is just the beginning of a sustained rally.

Strategy (MSTR), the Bitcoin-focused firm led by Michael Saylor, has seen its stock price fall to its lowest point in nearly four months.