
Bitcoin Drifts to $62,800 Into a Wall of Break-Even Buyers
Bitcoin drifted to $62,812 on Saturday with 1.79 million BTC at break-even between $62,000 and $65,000 and long-term holders down 210,000 BTC since late July.
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Bitcoin drifted to $62,812 on Saturday with 1.79 million BTC at break-even between $62,000 and $65,000 and long-term holders down 210,000 BTC since late July.

US spot bitcoin ETFs shed $389.7 million in the week to 14 August, their worst in six weeks, while Solana funds added $10.26 million, their best since mid-May.

Bitwise plans to tokenize shares of its Solana Staking ETF with Superstate, letting holders choose DTC book-entry or on-chain form. It would be a US first.

The SEC called off the Friday meeting that was to propose Regulation Crypto, shelving its tokenization exemption with no new date. COIN and HOOD fell.

Bitcoin fell to $62,875 after July retail sales dropped 0.6%, the first decline in nine months, and spot ETFs logged a third straight outflow day.

Mirae Asset Consulting approved a ₩50 billion injection into Korbit, weeks after taking 97.15% of the exchange and renaming its operator DigitalX Co.

SharpLink Gaming is moving roughly 106,000 ETH, about $200 million and 12% of its treasury, into Lido's wstETH with Anchorage Digital as custodian.

KPMG US issued an unqualified opinion on Tether's 2025 accounts, showing a $6.8 billion reserve surplus. The full audited statements were not made public.

Harmony shipped emergency patch v2026.1.1, paused its Horizon bridge and flagged four attacker wallets on 12 August. The size of the forged mint is still unconfirmed.

The Standard Chartered, Animoca Brands and HKT venture began rolling out HKDAP to institutional investors through HashKey and OSL, with retail access targeted for late 2026.

July CPI printed 3.4% year over year, matching every forecast, and bitcoin still slipped below $64,000. Even the Fed-odds trackers could not agree on what the number meant.

Five straight weeks inside $62,000-$66,000, volumes at three-year lows. Desks describe ETF inflows canceled out by OTC selling, with Wednesday's CPI the one catalyst in sight.