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 and futures markets, with CME Bitcoin futures open interest at a three-year low. Despite reduced activity, market pricing supports Bitcoin staying above $58,000 by July 30. Investors will watch for Federal Reserve announcements and developments in spot-BTC ETFs from major issuers like BlackRock and Fidelity, which could influence Bitcoin's price trajectory as the month closes.
Bitcoin rose about 1.6% to trade near $64,400 after dipping below $63,000 the previous day, as traders positioned themselves ahead of the Federal Reserve's rate decision. Markets are pricing in a 30-35% chance of a rate hike amid sticky inflation and...
TSMC, the world's largest chipmaker, has delayed the start of high-volume production at its second Arizona fabrication plant to the second half of 2027 due to longer-than-expected inspections and calibrations. This delay is significant because TSMC p...
Tether AI has unveiled a new vision model for edge devices as part of its QVAC platform, enhancing on-device AI capabilities without relying on cloud computing. The platform supports local AI inference and training, with recent updates adding image c...
Bitcoin price recovered 2.8% from a low of $62,850 to around $64,650 as traders prepared for the Federal Reserve's interest rate decision. The rebound was supported by buyers defending the 200-day moving average, with immediate resistance at $65,000–...
US-listed spot Bitcoin ETFs experienced $49.7 million in outflows, extending a four-day streak totaling about $526 million withdrawn. Despite this, the ETFs still hold a net inflow of $51.3 billion overall. Bitcoin's price showed volatility, dipping ...
