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News
Lummis Unveils 630-Page Clarity Act Rewrite Before Sept. 15 Vote – Bitbo
4+ day, 15+ min ago (303+ words) Senate Republicans put out a revised version of the Clarity Act on Thursday, dropping a 630-page text just days before the bill’s first procedural vote. Sen. Cynthia Lummis said the rewrite folds in more than 114 separate provisions requested by her…...
Armstrong Calls Bitcoin Bottom as BTC Slides to $78,000 – Bitbo
4+ day, 7+ hour ago (283+ words) Coinbase Global chief executive Brian Armstrong says the worst of this bitcoin cycle is already behind the market. Speaking to Bloomberg Television in Singapore on Thursday, Armstrong framed his view around the rhythm of bitcoin’s four-year cycles and said prices…...
Crypto Groups Sue to Block Illinois 0.2% Digital Asset Tax – Bitbo
4+ day, 11+ hour ago (317+ words) Two crypto industry groups have asked an Illinois judge to halt the state’s new 0.2% tax on digital assets before it takes effect in January 2027. The Crypto Council for Innovation and the Blockchain Association filed a motion for a preliminary injunction…...
Strive Buys 1,375 Bitcoin at $79,281 as Stash Nears $2 Billion – Bitbo
6+ day, 7+ hour ago (234+ words) Strive disclosed another bitcoin purchase on Monday, buying 1,375 BTC for $109 million at an average price of $79,281 per coin. The company has stuck to the habit of announcing its purchases on the first business day of the week, the same cadence…...
Bennet Research Traces Mystery Behind 107 Burned Bitcoin – Bitbo
1+ week, 5+ day ago (547+ words) In May 2026, someone deliberately destroyed 107 bitcoin — roughly $8.3 million — by sending them to a provably unspendable burn address. Bitcoin educator Bennet has now published detailed blockchain analysis tracing the coins back through a decade of wallet activity. On May 25, five near-identical…...
BlackRock: Bitcoin's 50% Pullback Was a Reset, Not a Breakdown – Bitbo
1+ week, 6+ day ago (466+ words) BlackRock published a new research report titled “Re-Underwriting Bitcoin,” arguing that bitcoin’s roughly 50% decline from its October 2025 all-time high near $125,000 was driven by overleveraged positioning and flow rotation rather than any breakdown in its fundamental investment case. The report, authored…...
Strive Adds 1,800 BTC in $143M Purchase, Nears 24K Total
2+ week, 7+ hour ago (157+ words) Strive, the asset management firm co-founded by Vivek Ramaswamy, purchased 1,800 bitcoin between August 24 and 28 for approximately $143 million. The company paid an average price of roughly $79,400 per coin, including fees and expenses. The latest acquisition brings Strive’s total bitcoin holdings to…...
Saylor Hints Strategy Ready to Resume Bitcoin Buys – Bitbo
2+ week, 15+ hour ago (231+ words) Strategy co-founder Michael Saylor posted “We’re Back” on X over the weekend, a message the market widely reads as a prelude to the company’s next bitcoin purchase announcement. Saylor has a well-documented habit of posting cryptic weekend teasers that precede…...
Bitcoin ETFs Snap 9-Day Inflow Streak With $202M Exit – Bitbo
2+ week, 2+ day ago (173+ words) U.S. spot bitcoin exchange-traded funds recorded $201.8 million in net outflows on Friday, snapping a nine-session inflow streak that had pulled in more than $3 billion. The ARK 21Shares Bitcoin ETF (ARKB) accounted for the largest share of Friday’s outflows at $114.9 million. Bitwise’s BITB…...
Bitcoin's Record Short Squeeze Signals Bull Market Reset – Bitbo
2+ week, 5+ day ago (335+ words) Bitcoin surged 23% over the past week, its strongest one-week return since the post-election rally in November 2024, as a record short squeeze and shifting macro backdrop prompted analysts at K33 Research and Bitwise to compare conditions to previous bull market onsets. A…...