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John Kojo Kumi
12 recent articles on Bitcoin Info News
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Strategy Posts $8.22B Quarterly Loss as Bitcoin Decline Hits Results
Strategy reported an $8. 22 billion quarterly loss as a decline in Bitcoin’s value weighed on its results, while the company’s cash reserves grew during the same period.
Russia Expands Crypto Mining Ban to Moscow Amid Energy Pressure
Russia has moved to widen its crypto mining ban to include Moscow, extending restrictions that previously targeted select regions and adding the country’s largest urban and economic center to the list of areas where the activity faces curbs.
US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage
The designation was announced by the US Treasury in a press release detailing the sanctions action . The Treasury frames the accused entities as Iranian firms, with Bitcoin described as a payment method connected to Hormuz transit.
Bitcoin ETF Inflows Hit 3-Week High as BTC Drops Below $64K
The July 30 tally marked the largest daily intake for the funds in over three weeks and left the group with $203. 84 million in net inflows for the week .
Strategy to Sell Bitcoin, Slow New BTC Buying
Strategy said it will continue selling Bitcoin and will no longer allocate all new capital to BTC purchases, signaling a shift in the treasury model that made the company one of the largest corporate holders of the asset.
Strategy Posts $8.22 Billion Q2 Loss After Bitcoin Pullback
Strategy reported a roughly $8. 22 billion loss for the second quarter of 2026, a swing into the red that the company tied to a pullback in the price of Bitcoin during the period.
Public Company Sells Entire Bitcoin Treasury Amid Shareholder Revolt
A publicly listed company has moved to unwind its entire Bitcoin treasury position after shareholder pressure, with regulatory filings showing a proposed return of capital to investors and a plan to delist.
Seoul Police Bust Fake Flare Network XRP Scam, Recover 3.4M Coins
Seoul police have reportedly broken up a fake Flare Network XRP scam and recovered roughly 3. 4 million coins, according to South Korean news reports, in a case that centers on fraud using recognizable crypto branding rather than any fault of the underlying networks.
Gumi and SBI Launch ¥3 Billion Crypto Fund in Japan
Japanese mobile gaming firm Gumi and financial group SBI have launched a ¥3 billion crypto fund in Japan, adding fresh institutional backing to the country’s digital asset market.
Bitcoin Falls to $63,600 as $58M in Longs Are Liquidated
Bitcoin fell to $63,600 after roughly $58 million in leveraged long positions were liquidated within a single hour, a fast bout of forced selling that underscored how quickly leverage can turn against traders during a rapid decline.
Glassnode: Address Reuse Leaves 30% of Bitcoin Supply Exposed to Quantum Risk
The estimate matters because it converts a long-running theoretical worry into a supply figure. A quantum computer capable of breaking elliptic-curve cryptography could, in principle, derive a private key from an exposed public key, and Glassnode’s work quantifies how much of the supply currently sits in that state.
Bitcoin Mining Energy Mix: Hydropower Tops Gas
Preliminary data from the Cambridge Centre for Alternative Finance suggests hydropower has overtaken natural gas as the single largest energy source powering the bitcoin mining network, a shift that would reshape how the industry’s energy mix is understood. The figures remain preliminary and subject to revision.