Bitcoin price is under pressure, testing the $63,150 Fibonacci support after retreating from July's $66,900 high. Despite a $265.4 million net outflow on the last trading day, US spot Bitcoin ETFs still recorded $172.4 million inflows for July, indicating institutional investors are adjusting positions rather than exiting. Momentum indicators favor sellers, with Bitcoin trading below key moving averages and facing resistance near $64,000 to $66,000. A break below $63,150 could lead to a deeper pullback toward $62,000 and $60,000. Meanwhile, Bitcoin dominance has weakened, suggesting potential for an altcoin season, but broader market strength is needed for a sustained rally.
Researchers at AmericanFortress introduced ZKPoSP, a post-quantum signature system using zero-knowledge proofs to secure Bitcoin and other crypto wallets against quantum computer threats. Unlike current methods relying on elliptic curve signatures, Z...
Bitcoin's spot trading volume in July is on track to reach its lowest level since November 2023, with an average daily volume of $2.2 billion, according to K33 research. This decline reflects a broader summer liquidity slowdown affecting both spot an...
