BTC Radar
Adjusted NUPL for long-term holders has moved negative and below the broader market, a pattern seen around major cycle lows. But losses have not yet reached the deeper 'depression' levels observed in previous bottoms.
Grayscale highlights three long-term drivers: rising government debt and currency-debasement risk, expanding stablecoin/tokenization infrastructure, and stronger digital-asset demand among younger investors and alternative portfolios.
July core CPI rose 0.2% month over month and 2.5% year over year, the slowest annual pace since March 2021. Bitcoin remained largely unchanged near $63,863 despite the softer inflation backdrop.
The deal gives Goldman an approximately $30 billion options-based ETF platform, including the $1.1 billion BTCI fund. Closing is expected in the first quarter of 2027, subject to regulatory approval and deal conditions.
cirBTC has been live on Ethereum since June 8, yet only about 40 tokens were outstanding at review time versus more than 116,000 WBTC and 97,000 cbBTC. Circle National Trust holds the backing, with published addresses and Chainlink Proof of Reserve.
Metaplanet sold four series of unsecured senior bonds worth about ¥200 million ($1.3 million). The roughly three-year BitBonds pay fixed annual interest of 4% to 4.3% and add a new funding channel for the bitcoin-heavy treasury company.
CoinDesk notes that July CPI looked softer partly because of temporary energy declines, while underlying price pressure may remain sticky. The next test is PPI, with consensus at +0.2% monthly and +4.9% yearly.
Metaplanet CEO Simon Gerovich said a 5,014 BTC movement worth about $320 million was a routine transfer between custodial addresses. He said no bitcoin was sold and the company's holdings remain 43,000 BTC.
More than 30 crypto companies and developer funds signed a Bitcoin Policy Institute letter seeking early access to top cyber-capable AI models, compute budgets, secure private-code environments and direct channels to lab security teams.
July U.S. CPI matched forecasts at +0.1% monthly and +3.4% yearly, while core CPI rose 0.2% and eased to 2.5% year over year. BTC stayed near $63,500 as markets shifted focus to the Fed's next tests.
Bitcoin failed for a fourth day to hold above $65,000 and slipped toward $64,000. Ether and XRP led losses among major tokens, while analysts identified $70,000 near the 200-day moving average as an important sentiment level.
The latest version of Bitcoin Core, 29.4, is now available for download. This release includes various improvements and bug fixes. Users are advised to use the official download links to ensure deterministic and signed downloads.
