The digital asset world is buzzing as The Smarter Web Company (SWC), a prominent UK-based web development firm, recently made a significant announcement. Via X, the company confirmed its latest Bitcoin investment, acquiring an additional 50 BTC. This strategic move dramatically boosts their total cryptocurrency holdings to an impressive 2,100 BTC, signaling a clear commitment
A remarkable development is unfolding in the world of corporate finance, directly impacting the cryptocurrency landscape. WiMi Hologram Cloud, a Nasdaq-listed entity known for its comprehensive holographic cloud technical solutions, recently made headlines with a substantial WiMi Bitcoin investment. This move signifies a growing trend among established companies to embrace digital assets, marking a pivotal
Bitcoin’s latest rally may be fuelled by smart money using the same mechanism that leads to short squeezes. Summary Smart money is now betting on Bitcoin, experts say Bitcoin could soon reach $123–127K, according to an analyst Fed rate cuts, ETF inflows contribute to bullish momentum Bitcoin (BTC) is up once again, and major players
Centibillionaire Elon Musk has given a fresh nod to Bitcoin, reposting the animated version of the famous “Magic Internet Money” meme. The clip, which was originally posted by the official X account of cryptocurrency exchange Coinbase, was recently created with the help o of of the Grok Imagine tool, which makes it possible to turn
Bitcoin is close to revisiting last week’s highs after U.S. President Donald Trump’s pro-crypto announcements on Thursday. Up 3% from this week’s open, Bitcoin is trading close to $117,000, CoinGecko data shows. The spurt in buying pressure follows Trump’s executive orders to include crypto in 401(K)s and prohibit the debanking of crypto-related initiatives. The
Following a brief dip to $112,200, Bitcoin (BTC) has recovered slightly, trading around the $116,300 level at the time of writing. While concerns remain about BTC’s inability to decisively break the $120,000 resistance level, on-chain data suggests the asset may be in an accumulation phase – potentially gearing up for its next breakout toward a
Last Friday’s US July Employment Situation release has delivered the kind of statistical jolt that rarely shows up outside crises, forcing traders to re-evaluate both the macro outlook and Bitcoin’s near-term path. Payrolls grew by just 73,000, but the shock lay in the record-large negative revisions: May and June were marked down by a combined
On-chain data shows that the Bitcoin short-term holders have switched to loss-taking recently. Here’s what this could mean for the asset. Bitcoin Short-Term Holder SOPR Has Dropped Below 1.0 In a new post on X, the on-chain analysis platform Checkonchain has talked about how the behavior of the Bitcoin short-term holders has changed recently. The