Crypto.com Logo

Latest Market News & Updates Bitcoin

by Crypto.com Coins AI. Last updated on 18 August 2026 at 09:07 UTC

TLDR

2026-08-15 - Bitcoin is unlikely to hit $1M by 2030, says Markus Thielen, citing unrealistic valuation needs; Swan CEO sees Bitcoin bottoming soon.


2026-08-14 - Bitcoin drops to $62.5K despite positive US inflation data; major banks boost Bitcoin ETF holdings, and Israel's largest bank plans BTC trading.


2026-08-13 - Bitcoin trades near $64K after US PPI data; public miners reduce hashrate to focus on AI, while price remains pinned below $68.7K.


2026-08-12 - Goldman Sachs to acquire NEOS for $2.25B, expanding its ETF lineup with Bitcoin-linked funds and bolstering its asset management division.

Bitcoin (BTC) Latest Market News & Updates

2026-08-15

Bitcoin $1M by 2030 ‘Mathematically Impossible’ Says Markus Thielen

Markus Thielen, a prominent industry analyst, argued that Bitcoin reaching $1 million per coin by 2030 is 'mathematically impossible.' He cites the enormous capital requirements—trillions of dollars—which he believes are unrealistic for the global economy to absorb in such a short timeframe. Thielen’s assertion comes amidst ongoing speculation about Bitcoin’s long-term price trajectory. Source This statement tempers overly bullish sentiment and provides a reality check for investors, highlighting the need for grounded expectations regarding Bitcoin’s future valuation. While the narrative of exponential growth attracts attention and investment, Thielen’s analysis may encourage a more cautious and data-driven approach to price predictions, potentially impacting speculative flows into the coin market.


2026-08-15

Swan CEO Predicts Bitcoin Bottom in October, Altcoins ‘Basically Dead’

Cory Klippsten, CEO of Swan, suggested that Bitcoin could reach its lowest point roughly one year after its most recent peak, predicting a potential bottom in October. He also stated that altcoins are 'basically dead' and expressed that the best outcome for crypto is integration into traditional finance (TradFi). Source This outlook signals a shift in market sentiment, favoring Bitcoin over altcoins and emphasizing mainstream adoption. If Klippsten’s prediction is correct, investors may reposition towards Bitcoin and away from riskier altcoins, reinforcing Bitcoin’s dominance and possibly leading to increased stability in the coin market.


2026-08-14

Dartmouth Endowment’s Crypto Exposure Drops $2M Amid Price Decline

Dartmouth College’s endowment reported a $2 million decrease in its cryptocurrency exposure, with holdings in Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock’s iShares Bitcoin ETF now totaling approximately $12 million. The decline is attributed to falling crypto prices. Source Institutional retrenchment in the face of declining prices is indicative of broader risk management trends. This could lead to reduced institutional confidence, impacting market liquidity and overall sentiment. Nevertheless, continued holdings suggest persistent long-term interest in crypto assets.


2026-08-14

Israel’s Largest Bank Partners with Galaxy for Crypto Trading

Bank Leumi, Israel’s largest bank, announced a partnership with Galaxy to offer customers trading in Bitcoin, Ether, and Solana via its investment app starting in early 2027. This marks a significant step toward mainstream crypto adoption in Israel. Source Such institutional moves are pivotal for legitimizing cryptocurrencies, potentially driving retail and institutional inflows. Increased access to crypto through major banks could accelerate adoption and strengthen Bitcoin’s position as a core asset in global financial markets.


2026-08-14

Bitcoin’s $116M Wallet Exploit Spurs Self-Custody Concerns

A major exploit involving a $116 million Bitcoin wallet has raised concerns about the security of self-custody solutions. Coinciding with a rebound in ETF inflows, industry strategies are pivoting towards acquiring more Bitcoin, while miners increasingly invest in AI infrastructure. Source The incident underscores the importance of robust security measures and may drive greater demand for institutional custody solutions. It also highlights the resilience of Bitcoin’s investment thesis, as ETF inflows and mining investments continue despite security setbacks.


2026-08-14

Bitcoin Price Drops to $62.5K Amid Weekly Close Warnings

Bitcoin’s price fell to $62.5K, reaching new lows for August despite positive US inflation trends and record-high US stock levels. A prominent trader warned that the weekly close could trigger further losses. Source Volatility remains a defining characteristic of the Bitcoin market, with macroeconomic factors only partially offsetting downward momentum. Short-term traders may exercise caution, while longer-term holders could view this as a buying opportunity, potentially increasing market differentiation.


2026-08-14

Morgan Stanley Grows BlackRock Bitcoin ETF Holdings by 23% in Q2

Morgan Stanley increased its holdings in BlackRock’s IBIT Bitcoin ETF by 23% in Q2, reaching 16.5 million shares. The firm also expanded its positions in Ether ETFs and crypto-linked equities. Source This surge in institutional ETF holdings reflects growing confidence in regulated crypto investment vehicles. It signals ongoing mainstream integration and may spur greater liquidity and stability for Bitcoin, reinforcing its status as a leading digital asset.


2026-08-14

JPMorgan Boosts Bitcoin, Ether ETF Positions in Q2

JPMorgan reported a 25% increase in its Bitcoin ETF position and a more than fourfold increase in Ether ETF holdings during the second quarter, according to regulatory filings. Source The expansion of ETF holdings by major banks validates the institutionalization of crypto assets. This may attract further capital from traditional investors and bolster the legitimacy of Bitcoin and Ether as core portfolio assets.


2026-08-13

Public Bitcoin Miners Cut Hashrate 13.4% Amid AI Revenue Shift

Public Bitcoin miners have reduced their collective hashrate by 13.4%, reallocating resources towards AI infrastructure revenue streams. Operators are repurposing power and data centers, while a smaller group continues to expand Bitcoin capacity. Source This pivot suggests evolving economics in the mining industry, with diversification into AI potentially reducing dependence on Bitcoin price movements. While some miners remain committed, the shift could impact network security and supply dynamics, influencing Bitcoin’s fundamental landscape.


2026-08-13

Bitcoin Holds Near $64K as US PPI Data Lifts Stocks

Bitcoin traded close to $64,000 alongside gains in US stocks, following July PPI inflation data that indicated a continued cooling trend. The market responded positively to macroeconomic signals. Source Correlation with traditional markets suggests Bitcoin’s increasing integration into broader financial systems. Positive macroeconomic news can provide tailwinds, but Bitcoin’s price remains sensitive to both crypto-specific and external factors.


2026-08-13

Bitmine’s $257M Staking Income Fills Operational Gaps, Analysts Say

Bitmine’s annualized Ether staking revenue reached $257 million, serving as a crucial financial buffer and supporting share buybacks. Analysts note that staking income provides consistent revenue streams beyond Ether’s price appreciation. Source The rise of staking as a revenue source highlights the growing importance of yield mechanisms in crypto. This diversification could attract institutional capital, strengthening market fundamentals and supporting asset values, including Bitcoin.


2026-08-13

Speculators Keep Bitcoin Price Pinned Below $68.7K: Glassnode

According to Glassnode, Bitcoin’s price remains capped below $68.7K due to short-term holders seeking to break even on underwater investments. This creates resistance and limits upward momentum. Source Persistent selling pressure from speculators may prolong price consolidation, challenging bullish momentum. The data-driven approach helps inform trading strategies and signals potential for a breakout once this overhang resolves.


2026-08-13

Bitwise CIO: Crypto Valuations Could Double as Revenue Links to Tokens

Matt Hougan, CIO at Bitwise, predicts that DeFi protocols and layer-1 networks linking revenue to tokens could see valuations double within the next 12 to 24 months. Revenue-capture mechanisms are expected to become widespread. Source The integration of tokenomics and revenue sharing can enhance fundamental value, supporting higher valuations. For Bitcoin, although not directly linked to protocol revenue, increased adoption of such mechanisms in the ecosystem could raise overall market capitalization and investor interest.


2026-08-13

Metaplanet CEO Denies Bitcoin Sale After $322M Transfer

Simon Gerovich, CEO of Metaplanet, clarified that the company did not sell any Bitcoin after transferring 5,014 BTC between custodial addresses, incurring an $8 fee. The move sparked speculation but was simply an internal transfer. Source Transparency from corporate holders is vital for market stability. Clarification reduces uncertainty and prevents unwarranted panic, reinforcing trust in institutional Bitcoin holders and their commitment to long-term strategies.


2026-08-12

Goldman Sachs to Acquire NEOS ETF Manager in $2.25B Deal

Goldman Sachs announced its acquisition of NEOS, an ETF manager with $30 billion in assets, including Bitcoin- and Ether-linked income funds, for $2.25 billion. This expands Goldman’s asset management division and crypto-linked product offerings. Source The acquisition signals increasing institutional interest in crypto-linked ETFs and income products. It could accelerate mainstream adoption, provide greater access to regulated crypto investments, and reinforce Bitcoin’s role in diversified asset management strategies.

Bitcoin (BTC) Top Social Activity & Market Sentiment

Top mentions of Bitcoin from X and Reddit

2026-08-13 @Glassnode

Bitcoin's price remains below $68.7K as short-term holders look to break even, keeping BTC 'pinned' in current range. #BTC #Glassnode


2026-08-13 @SimonGerovich

Clarifying recent speculation: Metaplanet did not sell any Bitcoin after our recent 5,014 BTC transfer between custodial addresses. No assets were liquidated. #Bitcoin #CorporateTreasury


2026-08-13 @cointelegraph

Public Bitcoin miners have reduced their hashrate by 13.4% as they shift focus to AI infrastructure revenue, repurposing power and data centers. #BitcoinMining #AI


2026-08-12 @BitwiseInvest

Bitwise CIO Matt Hougan sees crypto valuations potentially doubling as more DeFi protocols link revenue to tokens over the next 12-24 months. #crypto #DeFi


2026-08-12 @BitcoinPolicy

We're urging leading AI firms to provide early access to advanced models for Bitcoin and open-source devs, aiming to enhance security and innovation. #Bitcoin #AI


2026-08-12 @cointelegraph

Bitcoin miners earn under 0.7% of revenue from fees—a 10-year low—prompting a shift in focus toward artificial intelligence (AI) operations. #Bitcoin #mining


2026-08-11 @CryptoQuant_com

Our analysis shows Bitcoin sell pressure is nearing exhaustion after a $4B drop in USDT market cap over 60 days. #Bitcoin #CryptoQuant


2026-08-11 @Reuters

Russia's central bank proposes allowing regulated exchange trading of Bitcoin, Ether, and Tether’s USDT, following new legislation. #Bitcoin #Russia


2026-08-11 @coindesk

Bitcoin fell to a one-week low as investors await US CPI data, while retail gold ETF buying hits highest since June. #Bitcoin #markets

AI-generated content; informational purposes only. Not investment advice or recommendations. Review at your own discretion. Crypto.com did not generate this content and does not make any representations about its accuracy or usefulness.