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Source-backed coverage

CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  1. BITCOINCoinDesk

    Live updates: Bitcoin flatlines near $64,000 ahead of Friday's jobs report

    Bitcoin was near $64,830 on Thursday, up 0.8% over 24 hours and 1.3% over the week, trading within a narrow range, according to CoinDesk data. The market's recent strength is attributed more to macroeconomic hopes, such as expectations of lower inflation from potential easing in oil prices and a reopening of the Strait of Hormuz, rather than fresh crypto demand. President Donald Trump highlighted ongoing strong employment data, improved manufacturing, and decreasing inflation, which have supported risk assets like bitcoin. However, the movement of bitcoin depends on several factors lining up, including lower oil prices leading to lower inflation expectations and a fall in real yields and the dollar, with the asset remaining sensitive to equity market sentiment.

  2. BITCOINCoinDesk

    Bitcoin steadies above $64,000 as traders watch $100 billion SpaceX unlock

    Bitcoin remained above $64,600, holding its position after defending a dip earlier in the week, with the optimism centered more on Bitcoin than the broader crypto market, according to Alex Kuptsikevich of FxPro. The overall crypto market showed mixed movement, with Ether slightly higher at $1,904 and XRP declining nearly 3% to $1.04. Attention was also on SpaceX, which had about $101 billion of stock becoming tradable as the first lockup expiration, with the company holding approximately $1.1 billion worth of Bitcoin as of June. Major traditional markets experienced a slight decline, with the MSCI All Country World Index dropping 0.2%, while gold prices rose 0.4% amid reduced rate-hike expectations.

  3. ALLCoinDesk

    Here are the possible outcomes for Clarity right now

    The fate of the U.S. Senate's consideration of the Digital Asset Market Clarity Act remains uncertain as the legislative session approaches its summer recess, with limited time for the bill to be addressed before August 7. The bill's progress depends on negotiations over its provisions, including issues related to illicit finance, agriculture, and ethics, as well as broader Senate priorities such as government funding and sanctions bills. If the Senate does not act before leaving town, the bill could be revisited in September, though the short remaining session may pose challenges for passage. The Senate may also extend its current session to continue deliberations, contingent on procedural votes, but if the cloture attempt fails, the bill likely won't progress until after the election, with outcomes depending on the congressional majority.

  4. BITCOINCoinDesk

    Crypto Long & Short: Putting the bitcoin sizing question to the test

    In a follow-up to his essay on sizing crypto risk, Lionsoul Global's Gregory Mall backtests bitcoin in a 60/40 across bull, bear and sideways regimes, showing how a straight bitcoin position, a large-cap basket and a trend-managed sleeve part ways and why the way you hold bitcoin can matter as much as how much you hold.