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Decade-Old Bitcoin Wallet Emptied, Millions in BTC Moved Amid Market Correction

by Benzinga | August 2, 2025 10:05 pm | Crypto News

A Bitcoin (CRYPTO: BTC) wallet that has been inactive for over a decade was emptied on Friday, marking a significant movement in the cryptocurrency market. What Happened: The Bitcoin wallet, known by the initial “1c5Cb,” was first funded back in 2013 through a...

Will Bitcoin Reach $500,000 Or Even $1 Million In 2025? — Exploring Over-Ambitious BTC Forecasts For 2025

by Benzinga | August 2, 2025 8:13 pm | Crypto News

Bitcoin’s (CRYPTO: BTC) meteoric growth has increased the appetite for not only the asset, but also the predictions and prophecies surrounding it.  Some, however, sound so unrealistic that they may confuse even the most perpetual optimists. What happened: Samson...

Bitcoin, Ethereum, XRP, Dogecoin Tumble As Traders Brace For Volatility

by Benzinga | August 2, 2025 12:16 am | Crypto News

Cryptocurrency markets are trading lower on Friday in tandem with sliding equity markets. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,782.50 Ethereum (CRYPTO: ETH) $3,547.80 Solana (CRYPTO: SOL) $166.20 XRP (CRYPTO: XRP) $2.99 Dogecoin (CRYPTO: DOGE)...

Crypto Founders, Take Note: These SEC Roundtables Could Decide The Rules That Govern You

by Benzinga | August 2, 2025 12:16 am | Crypto News

The Securities and Exchange Commission’s Crypto Task Force is expanding its outreach nationwide through a newly announced series of roundtables scheduled across key U.S. cities. The initiative, led by Commissioner Hester Peirce, aims to foster direct communication...

Bitcoin Breaks Below $115,000 But Traders Say The Dip Is ‘No Big Deal’

by Benzinga | August 1, 2025 11:14 pm | Crypto News

Bitcoin (CRYPTO: BTC) has broken below $115,000, prompting traders to look out for buying opportunities. What Happened: Crypto trader Astronomer noted Bitcoin’s move was expected, aligning with the surge in Bitcoin Dominance (BTC.D), which now sits at 62% and...

Bitcoin, Ethereum, XRP Struggle After Underwhelming Jobs Report: Will A September Rate Cut Save The Bull Run?

by Benzinga | August 1, 2025 10:22 pm | Crypto News

The odds of a Federal Reserve interest rate cut in September surged following a surprisingly weak U.S. jobs report, reigniting bullish sentiment across crypto markets heading into a traditionally volatile trading season. What Happened: According to Polymarket data as...

Michael Saylor Says Owning Up To 7% of Bitcoin Isn’t ‘Too Much’ Since ‘The Future Is Orange’

by Benzinga | August 1, 2025 9:24 pm | Crypto News

Strategy (NASDAQ:MSTR) executive chairman Michael Saylor has doubled down on the company’s Bitcoin’s (CRYPTO: BTC) Bitcoin acquisition strategy. What Happened: Speaking on CNBC’s Squawk Box on Friday, Saylor emphasized that Bitcoin is “digital...

Shiba Inu Celebrates Its 5th Birthday With Burn Rate Spiking To 5,800%

by Benzinga | August 1, 2025 8:19 pm | Crypto News

Shiba Inu (CRYPTO: SHIB) marked its fifth anniversary with renewed bullish sentiment, as on-chain activity and burn data point to a potential breakout. Cryptocurrency Ticker Price 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001227 -10.5% Dogecoin (CRYPTO: DOGE) $0.2077...

Bitcoin Plummets To $115,000, Ethereum, XRP, Dogecoin Follow Lower

by Benzinga | August 1, 2025 6:15 pm | Crypto News

Cryptocurrency markets are trading lower on Friday as tariff fears grip the market again. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $115,141.01 Ethereum (CRYPTO: ETH) $3,630.21 Solana (CRYPTO: SOL) $168.52 XRP (CRYPTO: XRP) $2.95 Dogecoin (CRYPTO: DOGE)...

Trump Demands Fed Board Remove Chair Jerome Powell, But Polymarket Traders Aren’t Buying It

by Benzinga | August 1, 2025 5:24 pm | Crypto News

Prediction markets show minimal belief that Donald Trump will attempt to remove Federal Reserve Chair Jerome Powell by the end of August, despite the former president’s latest attack on Powell via Truth Social. What Happened: According to decentralized...

The $100 Billion Bitcoin Bet: How Treasury Companies Are Fueling The Crypto Run

by Benzinga | August 1, 2025 5:22 pm | Crypto News

A new class of public companies is reshaping the relationship between traditional equity markets and digital assets. Digital Asset Treasury Companies (DATCOs), firms that accumulate crypto assets like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a core business...

Profitable Whale Bets Big With 40x Bitcoin, 25x Ethereum Longs Following Market Dip — Is Crypto Recovery On Cards?

by Benzinga | August 1, 2025 3:19 pm | Crypto News

An investor with a history of profitable trades opened a highly leveraged long position in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) following the market’s dip on Thursday. What happened: The whale, with over $60 million in total profits from spot and...

SEC’s Project Crypto ‘Looks Awesome,’ Says Tim Draper As He Pushes For A Bitcoin-Only World With Blockchain Powering Accounting And Payroll

by Benzinga | August 1, 2025 2:14 pm | Crypto News

Venture capitalist Tim Draper envisioned a Bitcoin (CRYPTO: BTC) and blockchain-centric ecosystem, following the launch of the SEC’s “Project Crypto” initiative on Thursday. What Happened: In an X post, Draper expressed excitement at the “awesome” initiative unveiled...

Ethereum, XRP Soared In July, But This Little-Known Crypto Beat Them All With Triple-Digit Gains

by Benzinga | August 1, 2025 1:21 pm | Crypto News

The cryptocurrency market roared back into momentum in July, driven by the passage of key bills in the U.S. Congress.  What happened: The total market capitalization rose 62% to $3.78 trillion over the last month, adding nearly $1.45 trillion to investors’...

Michael Saylor Says Strategy’s Current Capital Structure ‘Bulletproof’ Compared To 2022 Crypto Winter, Asserts Company Can Weather 80% Bitcoin Crash

by Benzinga | August 1, 2025 11:11 am | Crypto News

Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor expressed confidence in his company’s Bitcoin (CRYPTO: BTC) buying approach Thursday, asserting that it could endure an 80% drawdown and remain resilient even in a bear market. What Happened: During the company’s...

Coinbase Not In Competition With Visa, Mastercard In Crypto Payments Landscape: ‘We Actually Partner With Them In Many Ways’

by Benzinga | August 1, 2025 10:24 am | Crypto News

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said Thursday that the company views Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) as partners in the growing cryptocurrency-powered payments industry, rather than competitors. What Happened: During Coinbase’s...

Bitcoin, Ethereum, Dogecoin Slide As Hotter-Than-Expected Inflation Dims Rate Cut Hopes: Analyst Sees ETH Dip After $4,000 Peak

by Benzinga | August 1, 2025 8:11 am | Crypto News

Leading cryptocurrencies fell alongside stocks on Thursday as a jump in consumer prices dampened hopes of interest rate cuts.   Cryptocurrency Gains +/- Price (Recorded at 9:40 p.m. ET) Bitcoin (CRYPTO: BTC) -2.17% $115,531.73 Ethereum (CRYPTO: ETH)               ...

MicroStrategy Beats Q2 Earnings As Revenue Rises, Bitcoin Yield Climbs To 19.7%

by Benzinga | August 1, 2025 2:13 am | Crypto News

MicroStrategy Inc (NASDAQ:MSTR), which does business as Strategy, reported second-quarter financial results after the market close on Thursday. Here’s a look at how the Bitcoin (CRYPTO: BTC) treasury company fared during the quarter. Q2 Earnings: Strategy reported...

Bitcoin, Ethereum, XRP, Dogecoin Struggle As Post-FOMC Blues Hits Markets

by Benzinga | August 1, 2025 2:11 am | Crypto News

Cryptocurrency markets are down after Bitcoin failed to consolidate above the $119,00 mark. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $116,606 Ethereum (CRYPTO: ETH) $3,726 Solana (CRYPTO: SOL) $174.74 XRP (CRYPTO: XRP) $3.05 Dogecoin (CRYPTO: DOGE) $0.2129...

SEC Launches ‘Project Crypto’ — Here’s What It Means For You

by Benzinga | August 1, 2025 1:11 am | Crypto News

The U.S. Securities and Exchange Commission (SEC) has unveiled a new initiative called “Project Crypto” aimed at overhauling securities regulations to adapt to blockchain-based financial systems. What Happened: SEC Chair Paul Atkins announced the project during a...
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