Key Notes Whale investors accumulated 66,040 BCH on Tuesday, marking the highest single-day inflow since early July’s peak activity. Technical indicators show BCH trading near upper Bollinger Band resistance at $587, with potential targets at $615 if momentum sustains. Ethereum profit-taking is driving capital rotation into mid-cap altcoins like Bitcoin Cash, supporting continued upward pressure.
Bitcoin pushed above $118000 with clear momentum as it invalidated the descending wedge from June lows. The price now faces a key challenge near $123182 which marked the all time high zone for BTC previously. If bulls maintain pressure above this level Bitcoin may climb toward the projected $128000 mark before August. Bitcoin (BTC) has
Fed Chair Jerome Powell has sparked a bearish sentiment among market participants following his FOMC speech. Powell indicated that inflation is likely to rise higher in the coming months thanks to the Trump tariffs. Meanwhile, the Bitcoin price has crashed on the back of this hawkish statement from the Fed Chair.
US-based financial services company Robinhood outperformed Wall Street expectations in the second quarter of 2025. According to the results announced by the company, significant increases were experienced in revenues and net profit, while remarkable growth was also recorded in the number of users and platform assets. Here are Robinhood’s results, according to LSEG analysts’ estimates:
Following today’s interest rate decision, analysts believe the Fed’s potential rate cuts will be extremely challenging, not only from an economic perspective but also from a communication perspective. Tom Graff, Facet’s Chief Investment Officer, said the Fed faces a complex dilemma. Graff noted that the newly implemented tariffs are expected to increase inflationary pressures, and
The US Securities and Exchange Commission’s (SEC) decision to allow “in-kind” creation and redemption for cryptocurrency spot ETFs has had widespread repercussions in the industry. Bitwise President Teddy Fusaro highlighted the technical aspects of this decision and explained in detail why it is important for investors. “I hear a lot of people ask, ‘Why is
An “antique whale” who purchased 3,962 BTC in January 2011, when Bitcoin was just $0.375, recently reactivated his wallet after nearly 14 years of inactivity. According to onchain data, this whale has started selling in small batches in recent days. The whale, awakened from its slumber, first transferred 450 BTC (approximately $53.42 million). Of these
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered