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Bitcoin holds near $64K despite $116M Coldcard hack and ongoing market pressures

Market News
05 Aug 2026
Bitcoin
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Bearish
Bitcoin holds near $64K despite $116M Coldcard hack and ongoing market pressures

Bitcoin's price remains stable around $64,000 despite a major security breach where Coldcard hardware wallets lost over $116 million due to a firmware flaw. The exploit, ongoing since late July, has led to multiple waves of Bitcoin theft, with attackers exploiting weak recovery seeds. Meanwhile, significant Bitcoin sales by Strategy and a stalled Clarity Act in the U.S. Senate have added market uncertainty. Despite these challenges, Bitcoin's price stays above its estimated production cost of $54,000, suggesting a potential price floor amid continued volatility.

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Bitcoin BLAKE2b fork plans 45-day lockup for miners amid price drop and network attacks

Bitcoin BLAKE2b fork plans 45-day lockup for miners amid price drop and network attacks

The Bitcoin BLAKE2b fork, which split from Bitcoin in August 2026, is introducing a new rule requiring miners to wait 45 days before spending newly mined coins to prevent network exploitation. This comes after the fork's token, BTCB2, dropped 84% fro...

Market News
Bearish
4 hours ago
SAGA Metals advances critical mineral projects in Labrador with strong drilling results and media coverage.

SAGA Metals advances critical mineral projects in Labrador with strong drilling results and media coverage.

SAGA Metals Corp. reported significant progress on its two 100%-owned Labrador projects: the Radar Titanium-Vanadium-Iron Project and the Wolverine Heavy Rare Earth Element Project. The Northern Miner, a respected mining publication, conducted site v...

Market News
Bullish
4 hours ago
Gold Strike Resources joins Yukon Mining Alliance to boost visibility of its gold projects in Yukon.

Gold Strike Resources joins Yukon Mining Alliance to boost visibility of its gold projects in Yukon.

Gold Strike Resources Corp. has joined the Yukon Mining Alliance, a group promoting Yukon as a top mining jurisdiction. This membership will help Gold Strike showcase its Florin Gold Project and other assets in the promising Tombstone Gold Belt, whic...

Market News
Bullish
4 hours ago
Hayasa Metals forms strategic copper exploration alliance with major miner in Armenia.

Hayasa Metals forms strategic copper exploration alliance with major miner in Armenia.

Hayasa Metals announced a non-binding term sheet for a Strategic Exploration Alliance with a major mining company to explore copper and critical metals in southern Armenia's Tethyan Belt. The alliance, funded by the major miner, aims to identify econ...

Company Fundamentals
Bullish
4 hours ago
Beyond Minerals raises $50K via convertible debenture and shifts to semi-annual financial reporting to cut costs.

Beyond Minerals raises $50K via convertible debenture and shifts to semi-annual financial reporting to cut costs.

Beyond Minerals Inc. completed a private placement of a $50,000 unsecured convertible debenture with 10% interest, convertible into shares at $0.05 each, to fund general working capital. The company also elected to adopt semi-annual financial reporti...

Company Fundamentals
Bullish
4 hours ago
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