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Bitcoin gold correlation hits six-year high, Glassnode doubts about US stock decoupling
The prices of Bitcoin and gold have reached six-year highs in tandem, but analysis platform Glassnode reminds that this trend of decoupling from U.S. stocks has occurred in the past, and ultimately did not last long.
StarkWare Completes First Quantum-Resistant Bitcoin Transaction—But Admits It's Not Enough
StarkWare announced the successful execution of the first Bitcoin transaction featuring quantum-resistant properties, while stating that a protocol-level upgrade is still needed for the Bitcoin network to be truly safe from the threat of quantum computing.
Soft Inflation Data Can't Save Bitcoin: The Quietest Stretch Below $64K
July's PPI came in flat and CPI matched expectations — both should've been bullish for bitcoin, yet price remains stuck below $64,000, refusing to budge. Glassnode points to a lack of buyers, with analysts calling it the quietest stretch of trading since 2019.
Coldcard Heist Goes Quiet, But 1,500 Stolen Bitcoin Still Sit Untouched
Galaxy Research has been tracking the Coldcard seed reconstruction attack and found no new waves of victims since August 6, but confirmed losses have now topped 1,778 BTC — with the vast majority of the stolen funds still sitting untouched by the attackers.
Bitcoin Crashes Through $62K to Two-Week Low, Analysts Warn August Could Echo 2022 Bear Market
Bitcoin tumbled 3.5% in a single day, breaking below $62,000, while South Korea's KOSPI posted its biggest single-day gain ever. U.S. stocks and crypto failed to catch the rally, even as July closed out as Bitcoin's best month in four years.