Bitcoin (BTC) continued to trade between $100,000 and $110,500 for a second consecutive week as smaller investors replaced whales on the buy side, Bitfinex Alpha reported on July 7. The report noted that BTC spent most of July so far within a 10% channel, capped by the January high of $109,590 and floored near the
The Tony Blair Institute helped form a plan that proposed selling land in Gaza via blockchain tokens, the Financial Times reported Monday, after paying Palestinians to leave their land. The tokenization project would have also seen the region rebuilt with Dubai-style artificial islands and “blockchain-trade initiatives,” complete with Elon Musk and Donald Trump-themed areas. The
Cryptocurrency analysis company QCP Capital published an important analysis of Bitcoin’s performance and the general mood in the market last weekend in its latest evaluation report. Bitcoin held its price over the long holiday weekend before reaching a new all-time weekly close, reaching as high as $109,700 during low-volume trading on Sunday, according to the
Will Bitcoin stay above $100,000 throughout the month of July? Bitcoin holders are placing their bets on the world’s largest cryptocurrency maintaining its six-figure status, with prediction markets revealing a surge of optimism despite concerning technical signals. Currently trading just below $108,000, Bitcoin sits roughly 8% above the psychologically crucial $100,000 level—but will this cushion
CoreWeave (CRWV) has agreed to acquire bitcoin miner Core Scientific (CORZ) in an all-stock deal valued at $20.40 per share, implying a ~16x FY26E EBITDA multiple, a steep discount to traditional data center peers, according to investment bank KBW. Core Scientific shares were 18% lower, trading around $14.75 at publication time. CoreWeave stock was down
Publicly traded firms Semler Scientific and Metaplanet both bought more Bitcoin on Monday, adding to their already large holdings even as Bitcoin treasury trend-setter Strategy paused its purchases. Semler, a firm that develops products for treatment and detection of chronic disease, bought 187 Bitcoin for $20 million. Japanese investment firm Metaplanet snagged 2,205 BTC for