An all-too-familiar setup has emerged on Bitcoin’s chart. Weekly Bollinger Bands now print a structure nearly identical to the one that formed before the March 2025 pullback — the one that dragged the Bitcoin price down roughly $30,000 from its peak to a support level just above $74,000. At that time, the price was close
Bitcoin (BTC) just delivered a quiet knockout to overleveraged short traders without moving the price much. In just a single hour, short liquidations on BTC surged to $2.47 million, while long liquidations barely surpassed $57,000, as per CoinGlass. That is an imbalance of 4,333%, and it occurred while the spot price remained somewhere around $108,800.
Sequans Communications is swapping traditional reserves for Bitcoin, funneling $384 million in newly raised capital into BTC. The company’s CEO cites Bitcoin’s “unique properties” as the driving force behind the strategic shift. On July 8, France-based Sequans Communications announced the close of a $384 million private placement, with over 40 institutional investors backing its bold
The Cardano Foundation, one of the main entities dedicated to advancing the Cardano blockchain, has unveiled Reeve, an enterprise-grade solution designed to enhance financial data management through blockchain technology. The solution, built on the Cardano blockchain, aims to streamline ESG reporting and audit compliance while addressing risks associated with traditional reporting platforms, such as susceptibility
Public companies and exchange-traded funds (ETFs) have acquired Bitcoin (BTC) worth tens of billions of dollars in just three months, according to the founder of The Kobeissi Letter, Adam Kobeissi. The macro analyst tells the 938,700 followers of The Kobeissi Letter on the social media platform X that the corporate demand for Bitcoin is “incredibly
Fidelity has led the latest wave of institutional crypto accumulation, purchasing 610 Bitcoin worth approximately $66 million through its Wise Origin Bitcoin Fund (FBTC), according to Lookonchain data. The FBTC fund now holds 203,509 BTC as of July 7, making it the second-largest Bitcoin ETF by holdings, behind BlackRock’s iShares Bitcoin Trust (IBIT), which continues
The cryptocurrency world is no stranger to volatility, but a recent incident in South Korea has brought the emotional and financial stakes into stark relief. The news of a South Korean man attacking Delio CEO James Jung over significant crypto losses has sent ripples through the community, serving as a powerful reminder of the intense
ReserveOne, an established digital asset management firm, has announced plans to go public through a business combination with M3-Brigade Acquisition V Corp. This transaction, valued at over $1 billion, will allow ReserveOne to launch a diversified cryptocurrency treasury, primarily focused on Bitcoin, Ethereum, and Solana.
Bitcoin’s price is coasting along at $108,832 to $109,067 today, marking continued strength in its ongoing recovery trend. With a market capitalization of $2.16 trillion and a 24-hour trading volume of $23.73 billion, bitcoin fluctuated within a tight intraday range of $107,591 to $109,067. Bitcoin The 1-hour BTC/USD chart illustrates a short-term recovery following a