Bitcoin’s market value is rising faster than visible network adoption, shifting attention toward corporate demand, AI-driven portfolio rotation and a macro backdrop shaped by cooler inflation and persistent fiscal deficits.
Bitcoin may already be pricing in another failure by Washington to deliver comprehensive crypto legislation, according to Galaxy founder and CEO Michael Novogratz.
E*TRADE from Morgan Stanley completed the rollout of spot cryptocurrency trading on July 16, allowing eligible US clients to buy, sell, and hold Bitcoin, Ethereum, and Solana through its website and mobile application.
Bitcoin’s recovery to approximately $64,850 has increased the probability that the June low could develop into a broader market floor.
Bitcoin has broken above the wedge that controlled price action after dropping from its May high near $82,900, but the move is now confronting its first meaningful test.
Strategy CEO Phong Le says the company intends to remain a long-term Bitcoin buyer, even after its first material sales under a new framework that allows the asset to support preferred dividends, debt payments and balance-sheet liquidity.
A solo Bitcoin miner using a compact Bitaxe device mined block 957,382 and received 3.13823506 BTC, worth approximately $200,590 at the time, after competing against industrial mining operations with a machine producing less than 1 TH/s.
Strategy raised $466.7 million by selling 4,818,781 shares of its Class A common stock between July 6 and July 12.
Bitcoin's most aggressive buyers of the bull market have gone quiet at exactly the prices where its oldest valuation model says accumulation historically happens, and the bid they abandoned is being picked up by whales while retail traders position for more downside.
Two of Bitcoin's most influential voices closed ranks against BIP-110, with Adam Back telling the proposal's supporters that “Bitcoin won't be joining” their fork and Michael Saylor warning that the real danger is the precedent, not the spam.
Bitcoin trades near $64,500 on July 11 after breaking above the descending channel that has contained price since early June, with the falling 50-day moving average now standing directly overhead as the first test of whether the move has continuation in it.
Bitcoin trades near $64,000 on July 10, resting on a monthly confluence of technical support, while investor Grant Cardone publicly argues the market still needs a capitulation move into the $40,000s before November. The setup pits a rare structural support level against a bearish roadmap from a high-profile buyer who says he wants price to break, not drift.


