Entries by Bitcoin Developer

Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

Bitdeer has signed a 16-year agreement to provide 121 megawatts of AI computing capacity at its Tydal campus in Norway. The contract could generate as much as $8 billion if an eight-year extension is exercised. Bitdeer Secures 121 MW AI Contract at Norway Campus Bitdeer Technologies shares surged 12% on Tuesday, Aug. 4, after the

Republicans Continue To Blame Democrats Over Stalled Crypto Clarity Act 

Bitcoin Magazine

Republicans Continue To Blame Democrats Over Stalled Crypto Clarity Act 
Senators have just days before they go to recess and Republicans are urging lawmakers to get the crypto market structure bill over the line.
This post Republicans Continue To Blame Democrats Over Stalled Crypto Clarity Act  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M 

Bitcoin Magazine

Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M 
Bitcoin worth close to $32 million moved for the first time in 12 years yesterday.
This post Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

BTC Pushes Toward $64K as CLARITY Act Odds Slide to 27%

Bitcoin recovered from an intraday low of $62,216 to reach nearly $64,000, eventually settling between $63,680 to $63,929. Initial price declines were triggered by Strategy completing its sale of 1,638 bitcoins to fund preferred dividend payments and stock repurchases. Strategy Liquidation Weighs on Early Sentiment Bitcoin nearly tapped $64,000 on Monday as the cryptocurrency looked

BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend

Bitcoin’s late-July rally collapsed into a $3,000 flash drop to $62,236 on July 31, erasing $40 billion in market capitalization. Total crypto market capitalization fell from $2.33 trillion to $2.22 trillion, while total altcoin market cap dropped to $964 billion. Bitcoin’s July Rally Collapses Into $62K Slump After teasing double-digit gains for much of late

Iran Rejects Trump Deal as Hormuz Tensions Grip Markets Again

Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in one of the world’s most strategically important waterways. Trump Says a Deal Is Taking Shape, but Iran Pushes Back U.S. President Donald Trump announced late

Japan, US Plot Yen Rescue as Speculators Face Reckoning

Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan Strikes First, Buying Nearly $59 Billion in a Day The move follows a dramatic week of currency action. On July 30, Japan’s Ministry of Finance

Coinbase Exec ‘Relentlessly Optimistic’ on CLARITY Act Odds

Coinbase Head of Institutional Strategy John D’Agostino says he remains “relentlessly optimistic” the CLARITY Act passes, even as Wall Street odds-makers put the bill’s chances well below 50%. A Coinbase Exec’s Case for Optimism D’Agostino, Coinbase’s Head of Institutional Strategy, told reporters he is confident the Digital Asset Market Clarity Act, or CLARITY Act, will

Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer

Bitcoin Magazine

Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer
The Clarity Act will likely get through despite some — older — Democrats holding it back, according to Coinbase’s Chief Policy Officer, Faryar Shirzad.  Speaking on The Hill’s morning Rising show Friday, Shirzad said that crypto was “maybe the most bipartisan issue in Washington.”  He added that while some lawmakers were holding back the long-awaited
This post Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours

Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 and slashing its monthly gain from 10% to 4.5%. Market capitalization fell from $1.3 trillion to $1.26 trillion. Federal Reserve Momentum Fades Bitcoin tumbled on the last day of July, shedding nearly $3,000 during a frantic 12-hour period that saw the

Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach

Bitcoin Magazine

Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach
NVK stated that AI-assisted code review can now find latent bugs at a speed outpacing even the industry’s most seasoned experts, calling it a sober reality of the new AI paradigm.
This post Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach first appeared on Bitcoin Magazine and is written by Juan Galt.

USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin

The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s collateral is still comprised of U.S. Treasury bills, the company grew its gold stash by 14 tons of physical gold, with a net revenue of $1.5 billion. Tether Releases Q2 Attestation, Reports $1.5

Peter Schiff Says Strategy’s STRC Plan Hurts MSTR Shareholders

Shares of Strategy Inc. fell about 7% after the company released second-quarter earnings, while Peter Schiff argued that its STRC financing priorities increasingly disadvantage MSTR shareholders. The dispute highlights competing views over preferred-stock stability, bitcoin reserves, and common-stock value. Schiff Targets Strategy’s STRC Priority Selling pressure intensified around Strategy Inc. (Nasdaq: MSTR) on July 31

Bitcoin Mining and AI Infra Stocks Rocket as Shorts Get Burned

Bitcoin mining and artificial intelligence (AI) infrastructure stocks posted double-digit gains across the board on Thursday, July 30, 2026, as a broad group of companies tied to both cryptocurrency hashpower and AI computing moved sharply higher in midday trading. Compute Infra Providers See Shares Soar Keel Infrastructure Corp., formerly known as Bitfarms, led the group

Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto

Bitcoin Magazine

Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto
The Treasury Secretary slammed Democrats for holding back the landmark legislation.
This post Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Avoid Telegram Token, Russian Lawmaker Says as Durov Faces Charges

Russian official Andrey Svintsov has advised citizens to stop buying Gram cryptocurrency and halt all Telegram financial transactions until security agencies issue official guidance. State Duma Warning on Telegram Transactions Andrey Svintsov, deputy chairman of the State Duma Committee on Information Policy, recommended that Russians stop purchasing Gram cryptocurrency. Svintsov suggested waiting for official comments

Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess

Bitcoin Magazine

Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess
The Major Cities Chiefs Association is the latest to throw their support behind the crypto bill.
This post Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Fed Hike Odds Surge as Warsh Unleashes Hawkish Warning

Prediction markets and interest rate futures now point to a growing likelihood that the Federal Reserve will raise rates in September, reversing expectations from just weeks ago after officials struck a more hawkish tone. The Federal Open Market Committee voted 9 to 3 to keep the target range unchanged. Fed Chair Kevin Warsh addressed the

Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report 

Bitcoin Magazine

Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report 
Lawmakers — mostly Democrats —are still pushing for changes to the long-awaited bill.
This post Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

I Scanned the Entire Bitcoin Blockchain for Images. What I Found Will Shock You

Bitcoin Magazine

I Scanned the Entire Bitcoin Blockchain for Images. What I Found Will Shock You
After three days of validation and half a day of deep scanning, the findings force a hard look at what “content on the blockchain” really means for ordinary node operators.
This post I Scanned the Entire Bitcoin Blockchain for Images. What I Found Will Shock You first appeared on Bitcoin Magazine and is written by Juan Galt.

Over 60 Crypto Firms and Projects Fold in 2026 as Bankruptcies, Bear Market and Hacks Rip Industry Apart

More than 60 cryptocurrency companies, blockchains, and decentralized finance (DeFi) protocols shut down or filed for bankruptcy between January and July 2026, a pace that accelerated sharply in the final weeks of July. The past several months have exposed the part of the crypto industry that rarely gets attention during bull markets. Since bitcoin retreated

Republicans Hope For Democratic Support on Crypto Clarity Act 

Bitcoin Magazine

Republicans Hope For Democratic Support on Crypto Clarity Act 
Lawmakers are hoping to push through the crypto market structure bill this week but the Democrats are holding things back, according to Senator Dave McCormick. Speaking to Fox Business on Friday, the Republican senator said that a vote needs to happen now.  “The Democrats are starting to think, ‘We don’t want to give it a
This post Republicans Hope For Democratic Support on Crypto Clarity Act  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Traders Face $75M in Liquidations After Three Failed Attempts to Clear $65,600

Bitcoin experienced sharp volatility on Monday, repeatedly failing to break past $65,500 resistance despite cooling Middle East tensions, leaving its price flat and wiping out $75 million in leveraged trades. Rejections at $65,500 Resistance Drag Prices Lower Bitcoin showed its volatility again on Monday, experiencing two sharp price swings even as tensions in the Middle

Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment

Bitcoin Magazine

Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment
Investors cashed out of American Bitcoin exchange-traded funds at the end of last week, ending a seven days winning streak.  Data from Farside Investors shows that over $475 million was redeemed from the investment products during trading hours on Thursday and Friday, with BlackRock’s iShares Bitcoin Trust handling most of the trading action.  Risk appetite
This post Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report

Bitcoin Magazine

Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report
Russia’s largest bank, Sberbank, will build crypto infrastructure by December, according to a report by Russian news agency Interfax.  A key piece will be a digital depository that tracks clients’ crypto rights and records off-blockchain transactions, while also handling wallet transfers to execute client orders, Interfax reported Monday.  Sberbank this month revealed plans to debut
This post Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Charles Hoskinson: Ethereum Is Copying Cardano’s EUTXO Model Without Credit

Cardano founder Charles Hoskinson has yet again accused Ethereum developers of adopting Cardano’s Extended Unspent Transaction Output (EUTXO) architecture after an Ethereum Foundation researcher proposed a new native UTXO payment model recently. A New Ethereum Proposal Reignites an Old Feud Ethereum Foundation researcher Toni Wahrstätter published a proposal introducing native unspent transaction outputs (UTXOs) as

$1.32 to $3.75: Nine Top AI Models Predict XRP’s 2026 Finish, One Breaks Away

XRP has spent much of 2026 at the center of speculation, fueled by institutional adoption, regulatory developments, and renewed interest in digital asset markets. Yet despite no shortage of bullish and bearish arguments, where the token will ultimately finish the year remains one of crypto’s biggest unanswered questions. To see how artificial intelligence (AI) evaluates

TRON Reaches $90B+ USDT on the Network, $887M+ in Crypto Card Volume in Q2, CoinDesk Data and CryptoQuant

Geneva, Switzerland, July 25, 2026 — CoinDesk Data and CryptoQuant, leading platforms in blockchain research and analytics, have released comprehensive reports highlighting the TRON network’s performance throughout the second quarter and first half of 2026, respectively. These independent analyses point to TRON’s continued dominance in global stablecoin settlement and protocol revenue, alongside its emergence as

State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners

Bitcoin Magazine

State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners
The initiative wants to protect free expression online.
This post State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Former House Financial Services Chair: CLARITY Act’s Passage Is ‘When, Not If’

Former House Financial Services Committee Chairman Patrick McHenry told Bloomberg the CLARITY Act’s passage is “a question of when, not if,” days after comparing the crypto market structure bill to the 1996 Telecommunications Act. A Telecom-Sized Comparison Patrick McHenry, the former chairman of the House Financial Services Committee who helped shepherd the CLARITY Act through

Bitcoin Traders Trigger $87M in Liquidations After BTC Slides Below $64,000

Bitcoin fell below $64,000 after reaching nearly $67,000 mid-week, dropping its market cap to $1.285 trillion and triggering $312 million in total crypto liquidations. Bitcoin Reverses Gains as Liquidations Mount Bitcoin briefly slipped below $64,000 on Friday, positioning the top cryptocurrency to end the week flat after nearly reaching $67,000 on Wednesday. The reversal occurred

Exploiting Private Data: Lawsuit Claims BitMEX Used ‘God Access’ to Force Customer Liquidations

The complaint, which includes former BitMEX CEO Arthur Hayes and former CTO Samuel Reed as defendants, alleges that the exchange operated a fraudulent scheme from an insider desk managed by Head of Business Development Gregory Dwyer to trade against its users. BitMEX Accused of Trading Against Its Users in New Complaint BitMEX, the cryptocurrency exchange

National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill

Bitcoin Magazine

National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill
A number of organizations have thrown support behind the bill this week.
This post National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Sealed in Foil: BMAG’s New Focus on Trading Cards

Bitcoin Magazine

Sealed in Foil: BMAG’s New Focus on Trading Cards
From rare pulls to provable ownership, BMAG explores why trading cards and Bitcoin share the same foundations of authenticity, scarcity, and value.
This post Sealed in Foil: BMAG’s New Focus on Trading Cards first appeared on Bitcoin Magazine and is written by Dennis Koch.