Bitcoin ($BTC) whales (accounts holding between 1,000 and 10,000 $BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around $80,000, and has continued even as prices declined 17.25% to a current $66,256. Whales load up on Bitcoin despite market swings Unlike previous months,
A Sixth Straight Quarterly Record The Q2 figure did not arrive as a single dramatic spike. It capped six consecutive quarters of growth, and the final week of the quarter alone set a weekly all-time high of $1.42 billion in tokenized asset volume. To put the scale of the acceleration in context, the $5.77 billion
Tech entrepreneur Jack Dorsey has announced a new group chat platform aimed at reducing teams’ reliance on platforms like Slack, in the Bitcoin maxi’s latest push for decentralization. The Block co-founder wrote Tuesday on X that the new app, named Buzz, was “for teams of people and agents of all sizes” and “model-agnostic, decentralized, self-sovereign,
Seven out of ten crypto traders are willing to hand over full control of their portfolios to an AI — no human double-checking every move. That finding, drawn from a survey of roughly 1,400 traders, reframes what most people assume about AI crypto portfolio management: it’s not a niche experiment embraced by tech enthusiasts. It’s
Bitcoin’s BTC$66,207.78 tepid July rebound is nearing its biggest test yet. After climbing above $66,000 on Tuesday, its highest level in more than a month and roughly 15% above its early July low, the largest cryptocurrency is closing in on the $68,000 area, a price that Bitfinex analysts said could determine whether the rally gathers
Bitcoin’s surge from around $64,000 to over $66,000 in just two days has sparked debate about whether a new bull trend has begun in the cryptocurrency market. The on-chain analytics platform CryptoQuant, however, reported that the recent move was supported more by leveraged trading than strong spot demand. According to CryptoQuant’s analysis, the brief negative
The market is signaling that Bitcoin could be vulnerable to more volatility. According to a recent Glassnode report, $BTC saw strong realized profit-taking around $65k, while hot capital increased and sell-side pressure started building. These signals suggest Bitcoin’s move toward $70k could face more resistance before a breakout. Notably, other on-chain metrics are showing a
Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, has reiterated the bank’s ambitious price targets for Bitcoin, stating that the cryptocurrency may have already found its bottom for the current cycle. Despite recent market volatility, Kendrick maintains that a move to $100,000 remains possible within the year, while the long-term target of $500,000 may
Bitcoin’s price jumped Tuesday to its highest in over one month, bringing crypto stocks like Bitcoin treasury’s Strategy with it. The Bitcoin price was recently priced at $66,886, up nearly 3% in 24 hours. Over the past seven days, the leading cryptocurrency has risen by close to 6%. Its rise comes as stocks also trade