Bitcoin ETFs Take In Nearly $1B In New Money — But What Will The Price Do?

American investors have thrown fresh cash at Bitcoin exchange-traded funds over the past six days, helping the price of the top cryptocurrency to rise again. 

Data from Farside Investors shows that close to $1 billion has been pumped into the funds since Tuesday last week. 

The price of Bitcoin was recently trading at nearly $65,860, down slightly over the past 24 hours but up 1% over a seven-day period. The leading cryptocurrency touched a weekly high yesterday of $66,891. 

Funds managed by BlackRock, Morgan Stanley, and Grayscale have taken in over $930 million in the six-day streak after weeks of lacklustre flows and sloppy price action. 

Bitcoin is currently nearly…

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Coinbase Settles Fight With SEC Over Gensler’s Missing Texts

Coinbase has settled its Freedom of Information Act lawsuit against the Securities and Exchange Commission, closing a years-long fight that came to rest on a batch of text messages the agency admits it destroyed. 

Chief legal officer Paul Grewal disclosed the deal in a Wall Street Journal op-ed on Wednesday.

Under the terms, Grewal wrote, the SEC will pay $150,000 and repair its record-retention policies. 

The story behind the settlement is what gives it weight. Coinbase filed FOIA requests in 2023 for records that might show how the SEC decided to treat crypto as securities, the same question at the center of the enforcement suit the agency brought against the company that June. 

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Bitcoin’s Summer Lull Masks A Tightening Supply Base

Bitcoin spent the past month in a holding pattern around $63,700, and VanEck’s latest Bitcoin ChainCheck reads the setup as a cautious pause rather than a bottom, with derivatives flashing fear, miner economics near multi-year lows, and long-term holders tightening their grip.

The mid-July report frames the moment as consolidation, not recovery. Bitcoin closed July 12 at $63,742, flat against a month earlier yet 33% off its six-month high and 14% below its 200-day moving average near a bitcoin price of $74,000. 

The pause caps two monthly declines, a 3.6% dip in May and a 20.5% drop in June. 

Trading thinned into the summer. Spot volume averaged about $5.1 billion a day…

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Satsuma Shareholders Approve Bitcoin Liquidation, London Delisting

Satsuma shareholders have voted to unwind the company’s bitcoin treasury and pull its shares off the London Stock Exchange.

At a general meeting on July 20, holders passed two special resolutions: one to return substantially all of Satsuma’s capital to shareholders, the other to cancel the company’s listing on the FCA’s Official List. 

The capital return resolution carried 90.63% support, with 7,869,182,042 votes in favor against 813,703,719 opposed. The delisting resolution passed with near-identical margins, 90.59% in favor.

The board will now close out Satsuma’s trading operations and sell the company’s remaining bitcoin, roughly 668 BTC. 

The stock had…

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Bitcoin Is NOT Changed By Proof Of Node

You might have heard about BIP-110; here’s why this fork is not just bad for Bitcoin, but it is built on a misunderstanding of what a Bitcoin node is and what it is good for. As well as why, because of this misunderstanding, BIP-110 will fail. 

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

BIP-110 is a Bitcoin Improvement Proposal titled as a Reduced Data Temporary Softfork. The BIP proposes a consensus change to Bitcoin, which attempts to limit the types and amounts of arbitrary data that can be added to consensus-valid transactions by limiting a wide range of Bitcoin’s scripting…

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Bitcoin Maxi Jack Dorsey Unveils New Open Source Group Chat App

Tech entrepreneur Jack Dorsey has announced a new group chat platform aimed at reducing teams’ reliance on platforms like Slack, in the Bitcoin maxi’s latest push for decentralization. 

The Block co-founder wrote Tuesday on X that the new app, named Buzz, was “for teams of people and agents of all sizes” and “model-agnostic, decentralized, self-sovereign, and open source.”

Described as “A new native workspace for human and agent teams” on its website, Buzz users can “chat with teammates and specialized agents in one shared space, then move straight into planning, project management, coding, and PRs.”

A statement from parent company Block said that the new…

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Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, And Prediction Markets

Crypto giant Coinbase is making its “everything exchange” push in Canada. 

Eric Richmond, country director and CEO of Coinbase Canada, told BNN Bloomberg in a Tuesday interview that the move would allow Canadians to not only buy crypto but also trade tokenized stocks and put money on prediction markets. 

“Coinbase believes we have a new technology here that can really help with that, and that’s blockchain and the technology that underpins crypto today,” Richmond said in the interview. “How do we create that one place for Canadians to have their entire financial experience in one app that’s underpinned by this technology that makes things frictionless, seamless, and…

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White House Presses Senate Democrats To Accept Trump Ethics Deal On Clarity Act

The White House is pushing Senate Democrats to accept a conflict-of-interest agreement that President Donald Trump worked out with Republicans, a move that negotiators hope will settle the last major dispute in the Digital Asset Market Clarity Act.

A White House official, who spoke on the condition of anonymity, told CoinDesk that Trump “has agreed to the most comprehensive and wide-ranging ethics provision in history.” 

No details have emerged on what crypto restrictions Trump has consented to, and Democrats have been kept out of the loop on the provision.

The ethics section would restrict senior government officials from personal business ties to the crypto industry, including…

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Hyperscale Data Buys More Bitcoin, Bridging Holdings To Over $72 Million

Hyperscale Data, Inc. has announced that it’s upped its Bitcoin holdings to over 1,000 digital coins. 

The New York Stock Exchange-listed company said Tuesday that it had over 1,087.4527 BTC as of Sunday — or $72.4 million based on today’s prices.

The holdings are split across the company’s wholly owned subsidiaries, Sentinum, Inc. and Ault Capital Group, Inc. (ACG). During the week ended July 19, ACG added roughly 51.5 bitcoin through open-market purchases.

The latest disclosure marks a significant acceleration in Hyperscale Data’s accumulation strategy. The AI data center company held just 627.9 BTC in late March 2026 — meaning it has nearly doubled its…

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Clarity Act Is ‘Almost There,’ Treasury Secretary Puts It At The ‘1-Yard Line’

Senator Kevin Cramer said the Senate has moved close to a deal on the Clarity Act, the crypto market-structure bill, with a fresh set of amendments on ethics and enforcement before Democrats for review.

The North Dakota Republican, a member of the Senate Banking Committee, told Fox Business on Tuesday that the bill grows “clearer” as “each issue gets dealt with,” and that “we’re almost there.” He said the largest holdup is Democrats reading the new amendments, “some of them relevant to the ethics piece.”

The central compromise Cramer described concerns who enforces the law. He said there appears to be “some agreement that the Department of Justice would be…

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