News linked to both this project and an event.
CryptoQuant analyst Axel Adler Jr. released an analysis indicating that Bitcoin is currently trading at approximately $64,200, 1.30 times the long-term holder cost basis of $49,400, and has remained in the low-risk zone for 78 consecutive days. Long-term holder holdings amount to 16.35 million BTC, only 58,000 less than the all-time high of 16.41 million set on July 30; over the past 90 days, this group's supply increased by 1.38 million BTC.
According to Russian crypto media Bits.media, Maria Patrikeyeva, Managing Director of the Derivatives Market at Moscow Exchange, stated that the exchange plans to launch Bitcoin and Ethereum perpetual futures contracts for professional investors and plans to gradually expand the tradable cryptocurrency varieties to 10. Perpetual futures are contracts with no fixed expiration date that are automatically rolled over daily, offering greater flexibility compared to traditional quarterly/monthly contracts. Currently, Moscow Exchange has already launched quarterly and monthly futures for five cryptocurrencies, Bitcoin, Ethereum, Solana, Ripple, and Tron, in the summer of 2025. In addition, the Russian Central Bank has recently included BTC, ETH, and USDT in the list of crypto assets allowed for trading by non-professional investors. It is worth noting that Moscow Exchange is currently on the U.S. sanctions list, with restricted access to international settlement infrastructure, and the exchange is also preparing to establish a digital settlement depository system independent of the National Settlement Depository.
According to Cryptopolitan, former Bitcoin mining company IREN announced the completion of the first milestone of its $9.7 billion, five-year contract with Microsoft — the official delivery of the Horizon 1 facility located in Childress, Texas. The facility is 50 megawatts in scale, equipped with Nvidia GB300 systems and direct chip-level liquid cooling technology, and has received the Exemplar Cloud certification awarded by Nvidia. Under the contract terms, Microsoft will complete GPU acceptance verification within five days; upon approval, IREN can commence monthly billing, with expected annualized revenue of approximately $1.94 billion after all four Horizon facilities go online. IREN plans to complete the deployment of all four phases totaling 200 megawatts by 2026, expand AI cloud computing power to 1.2 gigawatts by 2027, simultaneously exit the Bitcoin mining business, and target a full-year AI cloud revenue run rate exceeding $4 billion.
Odaily News - Bitcoin News announced on the X platform that BitBox has disclosed two severe hardware wallet vulnerabilities, stating there is currently no evidence that these vulnerabilities have been exploited or led to user fund theft. All disclosed issues have been fixed in firmware v9.26.5, and BitBox urges all users to update immediately. An internal security audit uncovered two severe vulnerabilities, along with new details regarding a previously fixed bootloader vulnerability. One vulnerability affecting BitBox Multi devices could allow a malicious host to execute arbitrary code and install malicious firmware on devices that have not yet completed setup. Another vulnerability in Silent Payments could allow an attacker to exploit a malicious host device to redirect funds to unintended addresses, resulting in Bitcoin being locked and potentially enabling extortion attacks. BitBox also disclosed that the previously fixed bootloader vulnerability could allow attackers to trick users into installing malicious firmware capable of stealing funds.
Odaily News: Binance Pay, the payment service under cryptocurrency exchange Binance, has integrated with the domestic QR code network of Bhutan's bank DK Bank, now supporting payment collection from over 3,700 merchants in Bhutan. Users scan existing merchant QR codes and make payments priced in Bhutanese Ngultrum, with transactions settled in USDT via automatic foreign exchange conversion. Applicable scenarios include tourism, accommodation, dining, and retail—covering all consumer spending supported by DK Bank's domestic QR code network. During the promotional period, users are not charged any additional fees, and this offer is expected to last until December 31. (Bitcoin.com News)
Odaily News: The Russian Central Bank has released a draft regulation stipulating that professional market participants, including brokers, trust management firms, forex dealers, and cryptocurrency exchanges, must include crypto assets in their equity calculations. Crypto assets approved for trading on exchanges may account for no more than 25% of total equity value. The draft requires that relevant crypto assets be registered with a crypto-asset custodian so that regulators can verify their existence. The Russian Central Bank stated that this ratio will be used to assess credit risk and market risk, ensuring that intermediaries have the capacity to cover potential losses. The Russian State Duma has approved a cryptocurrency regulatory framework that allows both qualified and unqualified investors to trade cryptocurrencies, though the latter are subject to an annual purchase limit of 300,000 rubles (approximately $3,800). Cryptocurrencies still cannot be used as a domestic payment instrument, but import and export enterprises are permitted to use them for cross-border settlements without restrictions. (Bitcoin.com News)
Odaily News - Digital infrastructure company HIVE Digital Technologies' high-performance computing division, BUZZ High Performance Computing, has signed a five-year AI cloud services contract worth approximately $350 million with an undisclosed investment-grade enterprise client. The contract is expected to generate approximately $70 million in additional annual revenue, bringing BUZZ HPC's annualized revenue to approximately $180 million. BUZZ HPC will deploy 2,016 NVIDIA Blackwell Ultra GPUs, utilizing the GB300 NVL72 system, NVIDIA Quantum-X800 InfiniBand networking, and VAST Data storage. The cluster is expected to become operational later this year at Bell's AI Fabric facility in Merritt, British Columbia, Canada, which runs on renewable hydroelectric power and closed-loop liquid cooling technology. HIVE estimates the project's capital expenditure at approximately $185 million, which will be funded through previously announced financing and new equipment debt. The company expects daily revenue of approximately $500,000 from its HPC and AI business once the cluster is fully operational, and plans to achieve $200 million in annualized GPU cloud services revenue by year-end. The company holds approximately 400 megawatts of capacity in Canada, which can support over 120,000 GPUs over the next two years. (Bitcoin.com News)
According to PRNewswire, Cannan Technology released its Bitcoin production and mining operations update for July 2026. In July, the company mined a total of 46 Bitcoins and held 1,917 BTC and 3,952 ETH on its balance sheet at the end of the month. Its non-joint venture business installed hashrate at month-end was 10.05 EH/s, joint venture business installed hashrate was 4.85 EH/s; joint venture business operating hashrate rose to 4.20 EH/s.
Odaily News Bitfinex's latest report indicates that Bitcoin (BTC) has been fluctuating within a narrow range recently, with volatility, trading activity, and market liquidity all compressed to levels similar to those seen at the end of a bear market.Currently, Bitcoin's price remains above the "Median Realised Price" of around $63,200, while the key level for short-term holders (STH) to achieve overall profitability stands at $67,176. Meanwhile, market demand is weakening: U.S. spot Bitcoin ETFs recorded net outflows of approximately $385 million last week, corporate Bitcoin reserve-related activity has turned negative, spot trading volume has fallen to multi-year lows, and Bitcoin transfer speed has dropped to its lowest level in seven years.Bitfinex stated that in the current extremely thin liquidity environment, even slight changes in capital flows could trigger significant Bitcoin price fluctuations. At the same time, weak retail activity, declining real income, and deteriorating consumer confidence indicate that U.S. household demand is under pressure. Bitfinex noted that the current market shows a clear divergence: accommodative financial conditions are driving traditional risk assets higher, but the crypto market has not yet received corresponding capital inflows.Bitfinex believes that the core market question has shifted from "whether monetary policy will improve" to "whether improved liquidity can translate into capital inflows for crypto assets." If Bitcoin spot ETFs resume sustained net inflows in the future, coupled with stablecoin supply expansion, this would signal a restart of the crypto market's liquidity transmission mechanism and could become a key catalyst for BTC breaking out of its prolonged low-volatility state.Before capital returns, although the macro environment is gradually improving, the crypto market's upside still lacks capital support. However, given that market participation has dropped to extremely low levels and BTC continues to hold key realized price support levels, once liquidity re-enters the market, it could trigger violent fluctuations. The current structure leans toward an upward breakout once demand recovers.
BitFuFu released its Q2 2026 financial report, with total revenue of $42.76 million, down 62.9% year-over-year; a net loss of $20.54 million, compared to a net profit of $47.14 million in the same period last year. The revenue decline was primarily due to the drop in Bitcoin price, weakening cloud mining demand, and the company's optimization of hashrate deployment.
Odaily News, August 14 — The Austrian Financial Market Authority (FMA) announced a €70,000 fine against crypto asset trading platform Bitpanda. The FMA stated that this is the first legally binding penalty case under the MiCA framework. The FMA noted that Bitpanda violated Article 8 of MiCA by failing to notify the authority and submit a whitepaper at least 20 days before the relevant crypto assets were approved for trading. Additionally, Bitpanda issued marketing notices without first publishing the required whitepaper, in violation of Article 1 of MiCA. The FMA stated that MiCA has moved from mere regulation to the enforcement phase, emphasizing that even though Bitpanda is the first publicly penalized case, it will not receive special treatment. Markus Miller stated that a license can only build trust if the relevant rules are continuously complied with. (Bitcoin.com News)
Odaily News: As Wall Street and global financial institutions accelerate their entry into the digital asset space, the boundaries between traditional finance (TradFi) and decentralized finance (DeFi) are gradually blurring. Bitwise CEO Hunter Horsley stated that the era of "going long Bitcoin and short bankers" is over, and financial institutions are pivoting to the other side of the crypto industry, driving digital asset adoption.Hunter Horsley noted that this summer, two financial institutions, each managing over $1 trillion in assets, approved the launch of crypto products in a bear market environment, showing that large institutions are expanding client access to digital assets. "Everyone put on the crypto jersey this year. Now, everyone is working for the crypto industry," Horsley said. He pointed out that these institutions, managing over a trillion dollars in client assets, would not have opened such services during the 2022 crypto market downturn, but are now actively embracing this sector.Fabian Dori, Chief Investment Officer at Sygnum, also believes the relationship between banks and the crypto industry has undergone a structural shift. "The trade of 'going long Bitcoin and short bankers' is over. Banks have moved from resisting digital assets to building, supporting, and distributing them through custody, tokenization, and compliant trading," a change driven primarily by growing client demand and gradually clarifying regulatory rules, rather than short-term market cycles.Nathan McCauley, CEO of Anchorage Digital, said that over the past two years, its client base has increasingly reflected the convergence of traditional and crypto finance. Large financial institutions typically choose to partner with specialized crypto infrastructure companies rather than building their own technology systems.In recent years, a growing number of financial institutions have entered the crypto space, including Swissquote, DBS Bank, BBVA, BNY Mellon, Credit Suisse-affiliated entities, as well as Morgan Stanley and Charles Schwab. (CoinDesk)
: Digital asset firm Galaxy Digital has lowered the probability of the CLARITY Act passing this year from 75% in May to 10%. The bill proposes that two U.S. federal regulatory agencies each oversee crypto asset regulation separately. U.S. Senators will return to Washington on September 14, followed by a working period of approximately three weeks. According to the Senate schedule, the motion to invoke cloture to advance the bill will be eligible for a vote at 2:15 PM on September 15. The motion requires the support of at least 60 senators. Republicans currently control 53 seats; if all Republican senators support the bill, support from at least 7 senators from other parties would still be needed. Galaxy Digital stated that unresolved ethics concerns, declining Republican support due to banking lobbying, and the shorter legislative window in September constitute the main obstacles to the bill's passage this year. (Bitcoin.com News)
Odaily News: The BIP-110 fork branched off from the Bitcoin mainnet at block height 961,632 on August 8. Since then, the Roughnecks mining pool has mined only 4 blocks in 7 days, with on-chain progress stalled at block 961,635. BIP-110 supporters plan to switch the proof-of-work hash function from SHA-256 to Blake2b as early as September. The related development requires adjustments to block header validation, as well as upgrades to mining pools, wallets, block explorers, and indexing tools. The fork coin has not yet received support from trading platforms and currently has no market price, with over 400,000 transfers awaiting confirmation. Due to the lack of replay protection, a large number of these transfers were unintentionally generated by users. Tokens mined by Roughnecks require 100 confirmations before they can be used. (Bitcoin.com News)
Odaily News: Bank Leumi, Israel's largest and oldest commercial bank, has announced a partnership with cryptocurrency company Galaxy Digital, planning to launch Bitcoin, Ether, and Solana trading services on the Leumi Trade investment app and mobile banking platform PEPPER in early 2027, subject to approval from the Bank of Israel. Customers will be able to buy, hold, and sell related crypto assets through their bank accounts, without needing to open accounts on separate exchanges or use personal wallets. Galaxy Digital will provide institutional trading platforms and custody infrastructure, while Bank Leumi intends to operate under a white-label model where customers do not hold private keys. Bank Leumi previously announced a partnership with Paxos in 2022 to offer crypto trading services, but it did not receive regulatory approval. Fees, trading limits, the asset list, and external wallet withdrawal rules for this service have not yet been disclosed, and custodied crypto assets do not enjoy the same deposit insurance coverage as shekel deposits. (Bitcoin.com News)
Odaily News: Analyst Killa stated on platform X that his spot positions are fully loaded, and he has been holding a Bitcoin swing long position with 2x leverage since $62,600, while also deploying a 10x leverage long strategy in batches across sub-accounts. Bitcoin has already retraced 54%, and based on mathematical calculations, he believes the maximum drawdown could range from 65% to 68%. The strategy sets up three 10x leverage long orders with entry prices of $62,600, $57,100, and $51,600, corresponding to liquidation prices of $57,100, $51,600, and $46,100 respectively, with $10,000 margin used for each group. If Bitcoin reaches $126,000, the three long orders are expected to yield profits of $101,300, $120,700, and $144,200 respectively. Killa stated that he actually split this strategy into 4 to 5 entries, and if the first two groups of long orders get liquidated, the profits from the final group of long orders can cover the related losses.
Bitcoin News announced on X platform that @BitcoinatBlock has updated its Bitcoin roadmap, having rolled out multiple features across its products over the past year. Recently launched features include: - Cash App supports Bitcoin purchases via ACH. - More readable Bitcoin addresses. - Dollar payments via the Lightning Network. - Square merchants support Bitcoin payments and Tap to Pay. - 5% Bitcoin cashback. - Increased withdrawal limits and reduced fees. - Open-source mining management through Proto. Features currently in development include: automatic withdrawals to Bitkey, Coin Control, multi-account support, and multi-beneficiary inheritance.
According to a post by MicroStrategy founder Michael Saylor, MicroStrategy has upgraded the dashboard for four preferred stock products: STRC, STRD, STRK, and STRF, adding metrics such as Bitcoin rating, after-tax effective yield, and one-year Sharpe ratio. These new tools can be used to evaluate the yield levels, credit quality, downside protection, and risk-adjusted returns of the relevant products.
Grayscale Research Director Zach Pandl stated in a post that the Ethereum and Solana blockchain networks are considering adjusting their token economic models to reduce future token supply growth by lowering annual inflation rates, thereby enhancing asset scarcity. As key blockchain-native assets underpinning the stablecoin and tokenized asset ecosystems, the prices of ETH and SOL are primarily determined by supply and demand dynamics. If relevant code upgrade proposals are approved, all else being equal, lower supply growth could support token prices. ETH and SOL are becoming important digital commodities underpinning stablecoins and the tokenization of real-world assets, and tokenomic adjustments to lower inflation may further strengthen the scarcity attributes of both. According to Grayscale's analysis, if relevant adjustments are implemented, the supply inflation rates of BTC, ETH, and SOL will continue to decline over the next five years. It is projected that by the end of 2031, the annual inflation rates for Bitcoin and Ethereum will both be approximately 0.4%, while Solana will be around 1.1%, lower than gold's annual supply growth rate of approximately 1.8% and the US CPI inflation level of approximately 3.3%.
According to Calcalist, Israel's Bank Leumi announced a cooperation agreement with Nasdaq-listed company Galaxy Digital, planning to launch cryptocurrency trading services within the Leumi Trade application, allowing customers to buy, sell, and hold Bitcoin, Ethereum, and Solana. The service is expected to go live in early 2027, but requires regulatory approval from the Bank of Israel. This collaboration will integrate Galaxy's Galaxy Custody (formerly GK8) blockchain infrastructure and custody services to provide customers with access to regulated digital assets.