Bitcoin Latest News Today

Bitcoin’s move toward $70,000 triggered nearly $2.7 billion in short liquidations within 24 hours, according to CoinGlass. More than $1 billion of Bitcoin shorts were closed in roughly an hour, while total crypto liquidations approached $3 billion across 172,108 traders. Bitcoin traded around $69,100 after gaining nearly 8% in 24 hours, reaching its highest level since early June.

Bitcoin remains sidelined despite a broader rotation into equities, AI, and commodities, according to Glassnode. The firm said weak consumer confidence is driving investors away from cash, but much of that capital is flowing into stock-market and AI-related themes rather than BTC. The commentary adds to concerns that Bitcoin’s recovery may need stronger liquidity, ETF demand, or renewed risk appetite to regain momentum.

Metaplanet’s shareholder benefits program has begun offering eligible shareholders access to Binance Japan perks. Shareholders holding at least 100 shares as of June 30 can receive ¥3,600 cashback on eligible new accounts and access a 20% annualized Bitcoin campaign, capped at 1 BTC with a 3-day lock-up.

A Bitcoin prediction market is tracking BTC’s price at 12 a.m. EDT on Aug. 17, 2026, with the final outcome based on CF Benchmarks’ Real Time Index. The benchmark uses 60 Bitcoin price observations collected during the final minute before expiration and averages them to determine the official value. The market allows participants to trade contracts based on the expected price range.

Hyperscale Data sold approximately 685 BTC for $43 million, using the proceeds to support its Michigan AI data center and strengthen its capital structure, including about $30 million in debt reduction. The company retains roughly 275 BTC and says it will continue mining and rebuilding its holdings.

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Samson Mow argues that “consensus” is being used in seven different ways in Bitcoin debates, from dictionary agreement and developer rules to Nakamoto consensus and economic thresholds. He says conflating these meanings can obscure disagreements over Bitcoin’s actual rules and code.

GSR has reduced Bitcoin’s Core3 allocation to 16.9% while raising Solana to 43.6%, the model’s largest position. Ether now accounts for 39.5%. The change reverses last week’s move toward Bitcoin and reflects GSR’s latest relative performance signals. Solana gained 2.98% over seven days, while Bitcoin fell 1.02% and Ether declined 0.20% over the same period.

Bitcoin’s 90-day Pearson correlation with gold has surged back toward levels associated with the earlier “digital gold” narrative. The renewed correlation suggests BTC is currently moving more closely with gold, reinforcing its potential role as a hedge-like asset.

Coinkite said it cannot independently verify reports that around $130 million was stolen through the Coldcard wallet firmware flaw. The company confirmed the vulnerability affected seed generation randomness and said it has published a technical analysis while continuing firmware updates.

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Santiment data shows Bitcoin traders are expressing unusually high fear, with the positive-to-negative commentary ratio falling to its lowest level since July 31. The shift follows negative headlines around Coldcard and concerns after Strategy sold 1,638 BTC worth about $105 million. Santiment said the imbalance may reflect market stress, but historically, extreme bearishness can create conditions for relief once panic selling fades.