5 Aug 2025, 10:20

Strategy Doubles Bitcoin Holdings Since Trump Win, Buys $2.46B More in a Week

Michael Saylor’s Bitcoin-focused firm, Strategy, has more than doubled its Bitcoin holdings since last November, when Donald Trump secured victory in the U.S. federal elections. In just nine months, the company has accumulated 376,571 BTC—worth approximately $43.2 billion at current market prices—marking a sharp acceleration compared to its earlier pace. Prior to the election, it had taken Strategy over four years to amass 252,220 BTC. This brings the firm’s total Bitcoin holdings to 628,791 BTC, representing roughly 3.16% of the circulating global supply. The surge in purchases coincides with Trump’s pro-crypto stance and the rollback of regulatory crackdowns seen during the Biden administration. Notably, Strategy’s Bitcoin buys post-election have come during a time of high market valuations, demonstrating strong confidence in the asset’s future trajectory. Record-Breaking Purchases Show High Conviction In a Securities and Exchange Commission (SEC) filing on Monday, Strategy disclosed that it purchased 21,021 BTC—worth $2.46 billion—over the past week. This marks the company’s third-largest acquisition by dollar value in its five-year history of accumulating BTC. The purchase was made at an average price of $117,256 per Bitcoin, indicating a willingness to buy even at premium valuations. Company records show two larger post-election purchases: 55,500 BTC worth $5.4 billion and 51,780 BTC worth $4.6 billion. These acquisitions demonstrate Strategy’s aggressive accumulation plan and deep conviction in Bitcoin as both a store of value and a corporate treasury asset. Strategy’s holdings are now valued at around $72.2 billion, with an average purchase cost of $73,277 per coin. The firm also reported a record $10 billion in profit for Q2 last week, positioning it as the fourth-most-profitable financial institution in the United States. Saylor: Bitcoin Is a “Freedom Virus” and Financial Revolution Speaking on Fox Business Monday, Strategy executive chairman Michael Saylor described Bitcoin as a “freedom virus,” calling it a “swarm creature” that is impossible to stop. “Everywhere in the world, there’s someone supporting the Bitcoin ecosystem,” he said, comparing it to a swarm of hornets. Saylor noted that his company aims to outperform Bitcoin’s returns by offering credit instruments through its Bitcoin Yield program . “I don’t think Wall Street quite gets it,” he added. When asked about competitors entering the Bitcoin treasury space, he welcomed the move, likening it to the adoption of revolutionary technologies like electricity or the internet. “It’s going to become the rule over time.” The post Strategy Doubles Bitcoin Holdings Since Trump Win, Buys $2.46B More in a Week appeared first on TheCoinrise.com .

5 Aug 2025, 10:09

$200K Bitcoin (BTC) This Year? On-Chain Metrics Make a Strong Case

Bitcoin has entered a technical correction phase after reaching an all-time high of $123,400 on July 14. The crypto asset is down by almost 7% as it currently trades near $114,000. The drop is attributed to macroeconomic pressures such as inflation and tariffs, bearish technical signals, and liquidation events. Data suggests that Q4 historically benefits Bitcoin, and after a strong July, bulls are hopeful for another breakout. Bitcoin’s Technical Dip CryptoQuant views the decline as primarily technical and said that the market is still in a broader price discovery cycle. This cycle, which reflects market attempts to determine Bitcoin’s fair value through supply and demand, could push the price toward the $200,000 level by the end of Q4 2025. BTC has traditionally seen strong performance in Q4, and current market conditions could help continue that seasonal pattern. Binance’s on-chain data reveals large stablecoin reserves. This points to a considerable amount of sidelined capital that could soon flow back into the market, potentially boosting Bitcoin and prominent altcoins like BNB. This, in turn, may set the stage for a potential altseason. The current reflexive relationship between Bitcoin and emerging treasury investors could aid its price discovery in Q4. But whether altcoins will follow suit remains uncertain amid growing market crowding. Nonetheless, institutional interest may further boost Bitcoin’s upward trajectory in the coming months. Adding to this narrative, Glassnode noted that Bitcoin’s $109K-$116K range is steadily filling during price dips, which reflects continued investor interest. The consistent staircase-like pattern suggests steady accumulation. Additionally, minimal selling between $118K-$120K means that investors in this range are largely holding, which indicates confidence in long-term price appreciation. Big Bets On Year-End Rally Several market watchers remain optimistic about a strong year-end comeback despite the current pullback. TeraHash, for one, recently predicted a price range of $130K-$150K by December, citing ETF inflows, potential Fed rate cuts, and upcoming regulatory clarity from the SEC and MiCA framework. Important catalysts include continued ETF inflows, Fed policy easing in September, and full implementation of Europe’s MiCA framework. Meanwhile, on-chain data shows surging mining difficulty and geographic expansion, while Hashrate-as-a-Service models attract institutions seeking exposure with less risk. Bullish projections also came from Fundstrat’s Tom Lee and American venture capital investor Tim Draper, who forecast $250K by year-end. Even more aggressive predictions from Charles Schwab and Mike Novogratz place Bitcoin at $1 million by the end of 2025. The post $200K Bitcoin (BTC) This Year? On-Chain Metrics Make a Strong Case appeared first on CryptoPotato .

5 Aug 2025, 10:06

BitMine’s $2.9B Ethereum Treasury Grows Rapidly, Potentially Targeting 5% of ETH Supply

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5 Aug 2025, 09:56

SEC commissioner Hester Peirce defends crypto privacy and open-source development

US SEC Commissioner Hester Peirce has defended the right to financial privacy and open-source development, arguing that crypto users should be able to transact privately and developers should not be punished for how their code is used. During her speech at the Science of Blockchain Conference that concluded on August 4, Peirce criticised increasing regulatory pressure on decentralised technologies. She warned that recent actions targeting software developers risk undermining the foundational principles of privacy, innovation, and neutrality in code design. Developers should not be held responsible According to Peirce, developers of open-source privacy protocols should not be held responsible for the illicit use of their software. She argued that the right to self-custody and privacy-enhancing tools must be protected, adding that mandating surveillance of open-source infrastructure would be “fruitless” because such protocols, once deployed, are immutable and globally accessible. She cited the history of strong encryption, recalling how developers like Phil Zimmermann helped defend private cryptography against government overreach in the 1990s. “Because of their hard-fought victory,” she said, society today depends on encryption for basic digital activities like email, banking, and communication. Peirce suggested that privacy-preserving crypto tools deserve similar protection and recognition as public goods. Her comments come as the trial of Roman Storm , co-founder of the crypto mixing protocol Tornado Cash, moves toward a verdict. Storm faces charges of conspiracy to commit money laundering, violating US sanctions, and operating an unlicensed money-transmitting business. If convicted, he could serve up to 40 years in prison. Storm’s defence argues that Tornado Cash functions as a non-custodial, autonomous software protocol and that developers like him do not control how users interact with it. People have the right to transact privately Peirce didn’t shy away from criticising attempts to restrict financial privacy tools. She warned that requiring intermediaries to monitor peer-to-peer activity, as nearly mandated by the now-defunct DeFi broker rule, would turn businesses into surveillance agents. Such a move, she said, would be “antithetical to a free society.” The DeFi broker rule, proposed under the Biden administration and struck down by President Trump in April, would have forced DeFi protocols to disclose user data and report gross proceeds to the IRS. She maintained that regulators should not compel businesses to track who their customers transact with. Instead, she urged lawmakers to respect the original vision of decentralised protocols as open, neutral infrastructure. Technologies with legitimate uses, she said, should remain “available for all to use,” even if some individuals choose to exploit them for illegal purposes. “Safeguarding our families, communities, and country from harm is extremely important, but curtailing financial privacy and impeding disintermediating technologies are the wrong approach,” Pierce said. Denying people financial privacy—whether through sweeping surveillance programs or restrictions on privacy-protecting technologies—undermines the fabric and freedoms of our families, communities, and nation. The post SEC commissioner Hester Peirce defends crypto privacy and open-source development appeared first on Invezz

5 Aug 2025, 09:55

Machine learning algorithm predicts Bitcoin price on August 31, 2025

The mounting uncertainty over interest rate cuts and signs of slowing economic growth are weighing heavily on Bitcoin ( BTC ) as it struggles to build momentum just weeks after hitting its record highs in mid-July. Adding to the uncertainty are cooling institutional demand and further geopolitical tensions following Trump’s August 4 threat of tariffs on India in response to the South-Asian country’s continued purchases of Russian oil . BTC price prediction To see where Bitcoin might be by the end of the month, Finbold’s AI prediction agent used multiple LLMs to generate an average forecast for improved accuracy while incorporating momentum-based indicators into its context. You can experiment with the existing prompts or create your own. Try here now. To make its prediction, the AI analyzed a number of technical indicators, including moving average convergence/divergence ( MACD ), Relative Strength Index ( RSI ), stochastic oscillators, and 50-day moving averages (MA). According to the results, Bitcoin is in for a period of downturns, with the average predicted price sitting at $108,417, implying a 4.88% downside from the current price of $113,974. PBTC stock AI price prediction. Source: Finbold Of the three LLMs used in the prediction, ChatGPT-4o was the most optimistic, with the projected price of $110,000, which suggests a downside of -3.49%. Claude 3.5 Sonnet and Gemini 1.5 Flash 002 were slightly more bearish , the former predicting a price of $108,250, suggesting a -5.02% loss, and the latter setting the price at $107,000, implying a -6.12% downside. Bitcoin August price potential As mentioned, institutional flows, evolving on-chain dynamics, and U.S. regulatory changes are all painting an increasingly complex picture when it comes to Bitcoin. U.S. spot Bitcoin ETFs shook the market on August 5, seeing $333 million in net outflows, led by BlackRock’s ( IBIT ), which alone shed $292 million just a day after being named the second-best ETF in monthly inflows. BlackRock Ethereum ETF outflow. Source: SoSoValue The House-passed Digital Asset Market Clarity Act could provide long-sought regulatory certainty by classifying most crypto tokens as commodities under Commodity Futures Trading Commission (CFTC) oversight. Still, a lot of uncertainty remains following the Securities and Exchange Commission’s (SEC) decision to delay the approval of the politically sensitive Truth Social ETF until September 18. On the other hand, the CME FedWatch Tool currently sees a 92% probability of a September rate cut, which could lead to increased demand and prices. Featured image via Shutterstock The post Machine learning algorithm predicts Bitcoin price on August 31, 2025 appeared first on Finbold .

5 Aug 2025, 09:41

Hyperscale Data Plans $10M XRP Purchase as Corporate Treasury Trend Grows

Hyperscale’s Ault Capital Group targets to acquire $10M XRP for its treasury strategy. Flora Growth Corp already holds XRP, Ethereum and Solana to strengthen its asset portfolio. Firms highlight XRP’s role in cross-border payments and financial infrastructure benefits. Hyperscale Data has announced that its subsidiary Ault Capital Group, plans to purchase up to $10 million worth of XRP tokens for corporate treasury. The company has filed Form 8-K reports with the SEC regarding plans to release monthly digital asset holdings reports beginning this month. According to analyst Bill Morgan’s analysis of SEC filings, Hyperscale views XRP as particularly well-positioned for business finance applications that enable fast, secure, and efficient ability for transactions. Further, the firm plans to use XRP and the XRP Ledger to build cross-border settlement networks, real-time payment systems, and decentralized financial product creation. Recent with the SEC more companies or planning to hold XRP on the balance sheet: 1. Form 10-Q filing of Flora Growth Corp shows it holds XRP (and Solana and Eth) on its balance sheet. According to the company’s website it ac… The post Hyperscale Data Plans $10M XRP Purchase as Corporate Treasury Trend Grows appeared first on Coin Edition .