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Bitcoin News

Bitcoin Records Strongest August Performance Since 2017
Bitcoin concluded August with a 24% gain, driven by significant institutional inflows and large-scale accumulation despite subdued retail participation.

BitFuFu Increases Bitcoin Treasury Holdings to 1,373 BTC
BitFuFu added 59 BTC to its corporate treasury in August 2026, bringing its total holdings to 1,373 BTC valued at approximately $109 million.

Nayib Bukele Clarifies Status of El Salvador Bitcoin Reserves
President Nayib Bukele has refuted claims that El Salvador transferred its sovereign Bitcoin holdings to private entities, stating that only equity in the Chivo wallet was moved.

Bitcoin Recovers 40% From July Lows Amid Institutional ETF Inflows
Bitcoin has rallied significantly since July, though prediction markets remain cautious regarding the asset reaching a $100,000 valuation by year-end.

Global Cryptocurrency Market Capitalization Increases by $135 Billion
The total cryptocurrency market capitalization has risen by $135 billion over the last 24 hours, reaching a range between $2.7 trillion and $2.82 trillion amid broad gains for major digital assets.

ProCap Financial Sells Bitcoin to Fund Share Repurchase Program
ProCap Financial has liquidated 50 Bitcoin to repurchase over 2% of its outstanding shares at a 40% discount to net asset value, a move designed to increase Bitcoin exposure for remaining shareholders.

BlackRock Clients Execute $454 Million Bitcoin Purchase
BlackRock clients acquired $453.96 million in Bitcoin in a single transaction, contributing to a weekly institutional inflow of $1.33 billion that underscores the dominance of the iShares Bitcoin Trust.

Bitcoin and Gold Correlation Reaches Six-Year High Amid Macro Shifts
Bitcoin and gold have reached their highest 90-day correlation since 2020, reflecting a shared sensitivity to fiscal and monetary pressures. While the two assets are increasingly influenced by similar macro factors, recent market volatility has tested the durability of this relationship.

Fidelity International Identifies Bitcoin as Maturing Macro Hedge
Fidelity International's 2026 Digital Assets Outlook positions Bitcoin as a tool for navigating geopolitical instability and currency debasement, citing a shift toward institutional adoption.
Bitcoin Clears $118,000 as Institutional Inflows Accelerate
Spot ETF demand hit a three-month high this week, with corporate treasuries adding to balance sheets even as funding rates stay muted.
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