📌 Daily Summary
● LIVE TRACKINGBitcoin (BTC) has officially entered a bear market, raising concerns among investors, despite BlackRock's bullish stance on the cryptocurrency. Notable figures in the sector, including Anthony Scaramucci of SkyBridge Capital, predict significant price movements, suggesting that Bitcoin could surpass $100,000 following the 2028 halving event. Conversely, influential voices have criticized the handling of Bitcoin's market, with statements indicating skepticism about its recovery potential, particularly mentioning that "Saylor spoiled the game." Amid these developments, Binance's 45th Proof-of-Reserve report shows a rise in users' Bitcoin holdings, while stablecoin balances on major exchanges have dropped by 20% from their 2025 peak, reflecting shifting market dynamics. Additionally, Bitfinex has announced that Bitcoin may soon exit its current bear phase, hinting at potential bullish sentiment on the horizon.
12:59
In its latest report, BlackRock stated that it does not view the 50% correction BTC has experienced since its last all-time high as a collapse of the Bitcoin thesis.
12:02
Jason Calacanis, criticizing Strategy and Michael Saylor, made noteworthy assessments regarding the future of Bitcoin (BTC).
10:58
Anthony Scaramucci, founder of SkyBridge Capital, believes Bitcoin will experience a strong recovery in the coming years.
10:00
Binance, one of the world's largest cryptocurrency exchanges, has published its 45th Proof of Reserves report, covering data from August 1st.
09:04
The report stated that the decrease in stablecoin holdings indicates a weakening of pent-up purchasing power in the market.
