According to on-chain data, a wallet that has been dormant for six years and held 6,000 BTC has suddenly sprung to life, attracting interest in the crypto community. According to Lookonchain, the whale wallet transferred out all 6,000 BTC worth $649 million in recent hours. A wallet that has been dormant for 6 years transferred
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
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
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
Bitcoin price volatility has sunk to historical lows with its price hovering about 2% off its all-time high, but QCP Capital analysts are warning investors to “beware the quiet.” “Volatility may be on summer break, but Q3 and Q4 could still deliver fireworks,” the analysts wrote in a recent blog post. The current low volatility