The Daily: Bitcoin briefly dips below $90K, Mt. Gox moves nearly $1B in BTC, Cloudflare outage hits crypto sites, and more

Looking to cement Wyoming’s position at the forefront of Bitcoin innovation, freshman Representative Jacob Wasserburger (@jacob4wyoming) has introduced the “State Funds-Investment in Bitcoin Act” (HB0201), a bill aimed at creating a Bitcoin Strategic Reserve for the state. Following the footsteps of groundbreaking Bitcoin legislation previously passed in Wyoming, this bill seeks to secure the state’s…

This week has had its share of ups and downs, with serious fluctuations in the crypto market. Beginning with a relatively bearish tone, recovery to again dump and pump, investors have been on a rollercoaster ride this week, especially as Fed-related events triggered the volatility. However, much more happened, so let’s discuss the top crypto…

Enjoyed this article? Share it with your friends! On July 24, Chris Kuiper, head of research at Fidelity Digital Assets, shared in a post on X that 35 public companies each hold more than 1,000 Bitcoin BTC $117,180.50 . At the end of the first quarter of 2025, only 24 companies had reached this level,…

Bitcoin’s recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination reveals a more nuanced story, especially after the current prolonged period of choppy consolidation. Are Long-Term Holders Accumulating?…

NFT marketplace Magic Eden sparked controversy on Friday after deciding to split its domains between the US and other global regions. This move has raised concerns among US users about how these changes might affect them. Meanwhile, the NFT sector continues to struggle, with failure rates on the rise. A recent report revealed that 96%…