Bitcoin has fallen from a record high of roughly $126,080 in October to trade recently in the low-$60,000s — a decline of nearly 50% that has rattled sentiment. But it may just be business as usual. 

According to a Thursday report from asset manager VanEck, Bitcoin’s current slump tracks the asset’s historical four-year halving cycle, in which mining rewards are periodically cut in half, tightening new supply and often preceding a bear phase. The firm framed this downturn as a recurring feature of Bitcoin’s market structure rather than a break from it.

VanEck’s GEO framework — which tracks Global Liquidity, Ecosystem Leverage, and On-Chain Activity — currently…

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Crypto and prediction market bigwigs are set to gather at the White House next week, according to a Thursday report from POLITICO. 

The report, citing people with knowledge of the matter, said the industry officials would meet one day before the Commodity Futures Trading Commission holds a meeting for its new Innovation Advisory Committee. The committee will feature a panel of experts also from the crypto, prediction market and traditional finance spheres. 

Despite the long-awaited crypto Clarity Act being delayed, regulators are moving ahead with pro-crypto initiatives. 

POLITICO’s report did not mention if President Trump would attend the event. 

Last week,…

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Stablecoin giant Tether has announced that KPMG U.S. completed the first independent audit of its reserves after years of struggling to get a Big Four accounting firm to do so.

The San Salvador-based company, which issues the largest stablecoin in existence, USDT, said the audit was “the largest inaugural financial audit in history.”

Tether for years was criticized for being coy about its reserves and not having an independent audit of what it holds behind its flagship token. Tether said over the years that it was eager to work with a Big Four firm for an audit. 

“For years, some detractors said an audit of Tether could not be completed,” Tether CEO Paolo Ardoino…

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Switzerland’s largest bank has upped its exposure to Bitcoin, according to regulatory filings. 

UBS bought more shares in BlackRock’s iShares Bitcoin Trust, bringing its total position to over $83 million across 2.5 million shares, according to a filing with the U.S. Securities and Exchange Commission. 

The bank has slowly upped its exposure to the biggest cryptocurrency by market cap since BlackRock’s top fund got approved back in 2024. 

The filings are the latest examples of traditional institutions seeking exposure to Bitcoin. ETFs like BlackRock’s Bitcoin Trust — which trades as IBIT — allow investors to buy exposure to the leading cryptocurrency without having to…

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Hardware wallet manufacturer Trezor has announced a data breach exposing customer data. 

Writing on X Thursday, the company said that 13,689 customers from the US, UK, Sweden, Colombia, Brazil, Italy, and Portugal who received an order 90 days prior to August 8 were affected. 

We have some difficult news to share. Unfortunately, one of our shipping providers has experienced a data breach that exposed sensitive order data. This affects new customers in the US, UK, Sweden, Colombia, Brazil, Italy, and Portugal who received an order within the 90 days…

— Trezor (@Trezor) August 13, 2026

“Our systems and devices remain secure, but affected customers could experience an…

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Bitcoin company leaders and open-source developers are publicly stating that Chinese AI models are currently outperforming restricted American frontier systems in defensive cybersecurity work, forcing researchers to rely on them to secure critical Bitcoin infrastructure.

Rob Hamilton, CEO of AnchorWatch, a Bitcoin self-custody insurance company, reported cripling American AI restrictions. After integrating OpenAI’s trusted cyber program (having already completed KYC months earlier), he was blocked from further analysis on a codebase he had already responsibly disclosed. “It absolutely guts me as a patriotic American to have to do this, but I will be going back to using Chinese open…

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Bitcoin operating company Nakamoto Inc. dropped its first quarterly results on Thursday, marked by a wide GAAP net loss in what the company is calling a turning point in its underlying operations.

The Nashville-based company posted total operating revenue of $35.9 million for the quarter ended June 30, 2026, split between $25.6 million from its media and asset management units and $10.4 million from its Bitcoin treasury and derivatives strategy, according to a Thursday statement. 

Nakamoto shares (NASDAQ: NAKA) rose more than 2% Thursday morning in New York. 

On a GAAP basis, Nakamoto reported an operating loss of $149.1 million and a net loss of $133.0 million, or $6.65 per diluted…

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Bitcoin’s price has shown signs of stabilizing after a rough stretch, but even setting aside where prices go in the near term, asset manager Grayscale says adoption of the cryptocurrency over the medium and long run remains largely unchanged.

The reason: continued, unsustainable growth in government debt as a factor that keeps inflation and currency-debasement risk elevated. 

That backdrop, Grayscale argues, could push a widening range of investors toward scarce assets and alternative stores of value — a category where Bitcoin, with its fixed supply, is increasingly well positioned as a candidate.

It added that the adoption of stablecoins and tokenization are set to make…

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Goldman Sachs has agreed to acquire NEOS Investments in a deal worth up to $2.25 billion that will give the Wall Street giant another Bitcoin-related product for its portfolio, the banking giant announced Wednesday. 

The deal will be in cash and equity, contingent on performance and service milestones, and will bring the Neos Bitcoin High Income ETF (BTCI), Boosted Bitcoin High Income ETF (XBCI) and Ethereum High Income ETF (NEHI) under Goldman Sachs Asset Management. 

CEO David Solomon called NEOS’s approach “highly complementary” to Goldman’s existing buffer, managed-outcome and income capabilities. 

NEOS co-founders Garrett Paolella and Troy Cates, who will…

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Bitcoin is sending two notable signals to the market this week: on-chain data suggests the cryptocurrency may be forming a macro bottom, while its price behavior is increasingly echoing gold’s role as a safe-haven asset.

That’s according to two reports from blockchain data firm CryptoQuant, whose analysts pointed to the early stages of a bottoming process for the biggest and oldest cryptocurrency. 

The price of the largest cryptocurrency recently stood at $63,362, mostly unmoved over a 24-hour period. Over the past week, Bitcoin is down nearly 2%. Since it notched a record of $126,080 in October, it has shed nearly 50% of its value. 

JUST IN: Bitcoin is now trading in…

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