The trading portfolio of famed crypto whale “Machi Big Brother” is back in the black, now showing over $30 million in profit. A look at his top three holdings, Ethereum, Hyperliquid, and PUMP, reveals a mixed bag of performance that perfectly captures the current state of the crypto market. Machi Big Brother(@machibigbrother)’s profits are back
Did you know that one of the world’s largest sovereign wealth funds now has significant exposure to Bitcoin, even if indirectly? The Norges Bank Investment Management (NBIM), which manages Norway’s massive Government Pension Fund Global, has seen its indirect Norway wealth fund Bitcoin exposure reach an astonishing 7,161 BTC. This figure, highlighted by K33 Research
A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and South Africa lead the
Paris-headquartered Sequans Communications S.A. (NYSE: SQNS) has announced the acquisition of an additional 13 bitcoin for approximately $1.5 million, at an average purchase price of $117,012 per bitcoin, inclusive of fees. As of August 8, 2025, the company now holds a total of 3,171 bitcoins, with a total net investment in bitcoin amounting to around
Arichain, a renowned platform providing Web3 infrastructure services, has announced its official partnership with Bullshot, an advanced launch platform developed on the BNB Smart Chain (BSC) ecosystem. The partnership focuses on redefining the creation and launch of meme tokens to elevate user experience. As Arichain revealed in its announcement on X, this move merges its
Bitcoin is moving higher on the daily timeframe after breaching all key resistances below its all-time high. A test of the channel’s upper boundary is likely before a corrective phase sets in, targeting $135,000. Summary $119K is the critical support level maintaining bullish structure. BTC is approaching high timeframe resistance beyond all-time high at $135K.
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The bitcoin BTC$117,101.92 rally has stalled, raising the possibility of a potentially bearish technical formation: a double top. A close examination of the daily chart reveals that bulls failed to sustain a rally above the key Fibonacci level of $122,056 on
Analysts believe a bitcoin rally to $127,000 is possible if the cryptocurrency closes above the $120,000 mark with strong volume, but they warn of a potential retest of the $114,000 to $116,000 range if the rally is rejected. BTC Enters ‘Wait-for-Confirmation’ Phase Bitcoin (BTC) broke past the $122,000 mark late on Aug. 10, marking the
Bitcoin (BTC) trades in a critical range ahead of the Consumer Price Index (CPI) release on Aug. 12. A recent “Bitfinex Alpha” report positioned BTC for either a breakout to new all-time highs or a retracement toward $110,000 support levels. The Aug. 12 inflation data represents a pivotal moment as market sensitivity to macroeconomic events