Bitcoin ETFs Draw Billions In New Investment

Bitcoin exchange-traded funds have continued their winning streak, attracting billions of dollars in new investment over the past week. 

U.S. investors have thrown $2.56 billion since last Monday, according to Farside Investors data, helping push the leading cryptocurrency’s price higher. 

And this week alone, nearly $652 million in fresh cash has hit the products managed by the likes of BlackRock, Morgan Stanley, and Fidelity. 

Bitcoin was recently trading for $78,302 after jumping nearly 25% over a seven-day period. The coin touched as high as $81,160 on Monday. 

Bitcoin’s rise comes after a sluggish June and July when it mostly traded below $65,000. 

The…

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Forget The Trump Bump, Bitcoin Would Be Fine Under Democrats: VanEck

President Donald Trump may be the most crypto-friendly leader the U.S. has had so far — but what would happen to Bitcoin if the Democrats were to get back in power? 

Well, it wouldn’t necessarily be bad, according to asset manager VanEck’s Head of Digital Assets Research, Matthew Sigel. 

Speaking on CNBC Wednesday, the analyst also said that contrary to what many believe, ex-President Joe Biden wasn’t anti-Bitcoin. 

Republicans have repeatedly blasted Democrats as anti-crypto. Regulators under ex-president Joe Biden cracked down on digital asset companies, filing various lawsuits.  

“Biden was actually okay for Bitcoin,” Sigel said. “It’s the rest…

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Coinbase And Better Announce Bitcoin-Backed Mortgages

Coinbase and Nasdaq-listed Better Mortgage have announced the availability of Bitcoin-backed mortgages for Americans. 

The crypto exchange and lender said Wednesday that the service was designed in accordance with the Federal National Mortgage Association, or Fannie Mae. 

Coinbase and Better announced the funding of the first Bitcoin-backed mortgage in June. The service now hopes to cater to younger wannabe homeowners who have Bitcoin holdings. 

Crypto-backed mortgages have moved in.

Borrowers in the US can now use Bitcoin as collateral for a down payment – without having to sell it or face margin calls.

Plus, Coinbase One members can get up to $10,000 back at closing….

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SEC Sends Proposal To White House To Modernize Crypto Custody

The Securities and Exchange Commission has sent a proposal to the White House aiming to “clarify the framework for the custody of crypto assets” for investment advisers and companies. 

In a rule change sent Tuesday, the regulator said it wanted to “improve and modernize the regulations” surrounding custody for the crypto space.

The proposal comes after a vote was delayed on the long-awaited Clarity Act. Despite the delay, regulators like the SEC and Commodity Futures Trading Commission have said they will still proceed with trying to shape crypto policy. 

JUST IN: 🇺🇸 SEC has sent a new proposal to the White House concerning “amendments to the custody rules” to…

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Is Bitcoin Out Of Its Bear Market? These Analysts Think So

Bitcoin is out of its bear market. But expect a possible pullback. 

That’s according to analysts at crypto research firm CryptoQuant, who say the coin is behaving like it has done in the past. CryptoQuant founder, Ki Young Ju, wrote on X Tuesday that the asset had “entered into the early bull phase.”

Ju Pointed to movements bitcoin made in its last cycle before entering a bull market, and said the coin was currently doing the same thing. 

CryptoQuant research shows that bitcoin flows to derivative exchanges have started again, confirming that traders have entered “risk-on” mode, which “has marked the start of a new bull cycle” in the past. 

And another analyst at the…

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Bitcoin No Longer Oversold, Says Fairlead Strategies’ Katie Stockton

Bitcoin is no longer oversold but there’s still time to buy, according to Fairlead Strategies’ Katie Stockton. 

Speaking on Tuesday to CNBC, the financial research firm’s managing partner said that Bitcoin cleared its 200-day moving average back in May, meaning that a potential breakout could be coming. 

Bitcoin started rallying last week on news that the Treasury would at least double the size of its liquidity-support buyback operations. It’s up over 22% over a seven-day period, and was recently trading for $78,915. The coin traded above $81,000 on Monday. 

JUST IN: Fairlead Strategies founder tells CNBC Bitcoin is “not over bought yet, so that’s the good thing.”

“We’re…

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Kraken Says Users Received ‘Dust’ From Sanctioned HTX Wallet

Crypto exchange Kraken clients were reportedly locked out of their accounts after receiving tiny amounts of sanctioned digital coins. 

In a statement to Bitcoin Magazine, Kraken said the coins were transferred in what is known as a “dust attack” — when small quantities of cryptocurrency is sent to numerous wallet addresses to track and de-anonymize them.

Kraken said the aim of the transactions was to trigger compliance checks by spreading sanctioned funds onto other platforms. Bloomberg first reported the news. 

“We don’t know who is behind these attacks, but they likely expect that if sanctioned funds land in a client account, it triggers a full account lock, causing…

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US Opens A New Front Against Iran’s Crypto Economy

The U.S. this week closed in on Iran, further targeting its crypto-related methods of dodging sanctions in a new economic campaign against the country. 

In a Monday announcement, the U.S. Department of the Treasury said it had placed Iran’s digital asset sector under the same sanctions authority it has long used against the country’s oil, banking and metals industries. 

.@SecScottBessent: “This is a sustained campaign to collapse every last option for Iran. Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American…… Read more on BitcoinMagazine

Human Rights Foundation Announces Support For 17 Projects

The Human Rights Foundation has announced support for more projects around the globe, this time giving over 600 million satoshis — worth $472,807 at today’s prices — in grants to 16 projects based in Africa, Asia, and Latin America. 

Coming from the HRF’s Bitcoin Development Fund, the grants will help projects that want to strengthen the Bitcoin protocol, expand practical Bitcoin access and facilitate secure messaging and community infrastructure for dissidents, among other things, according to the NGO. 

The grants are the second round of funding to come in 2026, after the NGO announced it had supported 26 projects in April. HRF said the funding works to reinforce…

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Bitcoin Tops $81,000. Is The Debasement Trade Back?

Bitcoin soared past $81,000 for the first time since January on Monday before dropping slightly. The recent moves have market observers asking if the debasement trade is back. 

The biggest cryptocurrency was recently trading for $79,098 on Tuesday morning in New York after hitting $81,160 the evening before. Over a 24-hour period, the coin now sits unmoved. But zoom out seven days and it has jumped by 23%. 

Bitcoin has benefited from news that the Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets have benefited. 

This has some asking whether 2025’s much talked about debasement…

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