A Market Betting on a Modest Bounce Polymarket’s “What price will Bitcoin hit in July” market prices a range of outcomes rather than a single forecast, and the current distribution shows traders leaning toward a limited upside move. Odds of $BTC touching $65,000 sit at 82%, essentially treating that level as a near-certainty given the
Bitcoin’s circulating supply is currently 20.05 million $BTC, according to CoinMarketCap data. This represents 95.47% of the fixed maximum supply of 21 million $BTC. Thus, there remains only 950,000 $BTC to be issued in the coming years. The last Bitcoin is expected to be mined around the year 2140. This is based on the current
Hyperscale Data, a Nasdaq-listed company that operates a Bitcoin treasury and AI data center business, has acquired an additional 51.5 Bitcoin through its subsidiary Ault Capital Group. The purchase, completed last week, brings the firm’s total Bitcoin holdings to 1,087.4527 $BTC, valued at approximately $70.3 million based on current market prices. Strategic Expansion of Digital
An early Bitcoin investor who held 5,000 BTC for over a decade has fully exited their position, selling the final 1,000 coins approximately two hours ago. The move marks the end of a 12-year holding strategy that turned a $1.66 million purchase into a $434.3 million profit. A Patient Strategy Unfolds According to on-chain analytics
Jack Yi, founder of cryptocurrency investment firm LD Capital, has issued a measured but pointed warning to traders attempting to time the market’s exact bottom, stating that Bitcoin ($BTC) must first establish a decisive break above $68,000 before any pullback can be considered shallow. Yi’s $68K Threshold and Correction Forecast In a post on X
Twenty One Capital, a publicly traded company known for its Bitcoin treasury strategy, has officially withdrawn from a planned merger with Strike and Elektron Energy, according to a report from Cointelegraph. In a simultaneous leadership change, founder Jack Mallers has stepped down as chief executive officer, with Raphael Zagury, founder and CEO of Elektron, assuming
Bitcoin, the leading cryptocurrency, has been in the spotlight for investors in recent days, exhibiting a strong recovery. While some analysts in the market suggest the uptrend may continue, others predict further declines. In this context, expert analyst Peter Brandt, with over 50 years of market experience, made a noteworthy prediction, stating that the current
Bitcoin returned above $65,000 on Tuesday as a rebound in Asian technology stocks restored some risk appetite after last week’s semiconductor selloff. At the time of writing, crypto.news price data showed $BTC trading around $65,245, up 1.23% over 24 hours and 5.02% over seven days. Trading volume stood near $32.18 billion. The broader crypto market
America’s Strategic Petroleum Reserve (SPR) has plunged to 311 million barrels, its lowest point since March 1983, as the U.S.-Iran conflict drains the country’s last major energy buffer. The U.S. Energy Information Administration (EIA) confirmed the reserve shed another 5.1 million barrels in a single week, deepening a 49% volume loss over five years.
Bitcoin’s current price in the $64,000–$65,000 range is giving retail investors a sense of déjà vu and mild anxiety, as this is exactly where the asset stalled during the previous cycle. However, major players see a completely different story in the chart. Tether adviser Gabor Gurbacs said that Bitcoin is now “massively undervalued” at these