Technology firm Smarter Web has significantly increased its Bitcoin reserves to 773 BTC, currently valued at $24 million. This strategic expansion signals strong institutional confidence in Bitcoin’s long-term viability as a digital asset. The acquisition aligns with Smarter Web’s commitment… Read More »Smarter Web Expands Bitcoin Holdings to 773 BTC Under Sustainable Investment Strategy
Bitcoin’s ongoing Cycle 4 is defined by its prolonged period of consolidation, marking the lengthiest sideways trading phase in recent market cycles. According to analysis, the cryptocurrency has remained range-bound for 195 consecutive days since mid-December 2024, reflecting a state… Read More »Extended Bitcoin Consolidation Sets Stage for Anticipated Late-2025 Breakout
U.S. spot Bitcoin exchange-traded funds (ETFs) continue to witness substantial capital inflows, led by BlackRock’s iShares Bitcoin Trust (IBIT). Recent data reveals IBIT captured 81% of the $4.7 billion in net inflows recorded over a 15-day period, cementing its dominance… Read More »Bitcoin ETFs Dominate with $4.7B Inflows, Ethereum Funds Gain Traction Amid Institutional Demand
Bitwise Investments reiterates its conviction in Bitcoin’s long-term trajectory, maintaining a price target of $200,000 driven primarily by increasing institutional adoption. The firm points to strong institutional interest as a fundamental driver sustaining this bullish outlook, attributing Bitcoin’s resilience during… Read More »Bitwise Stands Firm on $200,000 Bitcoin Target Despite Market Fluctuations
The U.S. Securities and Exchange Commission has postponed its decision on Bitwise’s proposed Ethereum staking exchange-traded fund (ETF), establishing a public comment period to evaluate potential risks and benefits. This move highlights ongoing regulatory hurdles in incorporating cryptocurrency staking mechanisms… Read More »SEC Delays Bitwise Ethereum Staking ETF, Opens Public Comment on Crypto Staking Risks
Former US President Donald Trump announced plans to introduce major tax and expenditure legislation titled the ‘Beautiful Big Act’ around the July 4th period. This comprehensive bill could influence cryptocurrency market dynamics amid increased focus on digital asset regulation. While… Read More »Trump’s ‘Beautiful Big Act’ Tax Legislation Could Impact Crypto Market Dynamics
The Smarter Web Company has significantly increased its Bitcoin holdings, purchasing an additional 230.05 BTC for approximately $24.7 million. This acquisition elevates the company’s total Bitcoin reserves to 773.58 BTC, representing an aggregate investment exceeding $82.6 million. The strategic Bitcoin… Read More »The Smarter Web Company Bolsters Bitcoin Holdings by $24.7 Million Amid UK Corporate Adoption Trend
Bitcoin is consolidating within a tightening descending triangle formation, bordered by resistance near $109,553 and support at $100,746. This technical pattern signals an impending volatility expansion that could significantly influence Bitcoin’s price trajectory in the near term. Recent trading dynamics… Read More »Bitcoin Nearing Descending Triangle Breakout with $100K-$110K Range in Focus
Centrifuge has announced a groundbreaking partnership with S&P Dow Jones Indices to launch the first tokenized S&P 500 index fund, bridging traditional finance with decentralized finance (DeFi) through blockchain innovation. The collaboration leverages Centrifuge’s Proof-of-Index infrastructure, enabling asset managers to… Read More »Centrifuge Partners With S&P Dow Jones Indices for First Tokenized S&P 500 Fund
Deutsche Bank has revealed plans to introduce a cryptocurrency custody service for Bitcoin by 2026, partnering with Austrian fintech Bitpanda’s technology division and Swiss digital asset specialist Taurus. This strategic initiative forms a key element of the bank’s broader digital… Read More »Deutsche Bank Announces Bitcoin Custody Plans With Bitpanda and Taurus
A significant Ethereum initial coin offering (ICO) participant has sold approximately 356,600 ETH over the past twelve months, generating nearly $892 million in proceeds. The on-chain transactions, identified by analyst Ai Yi, occurred across numerous small transfers, averaging around $2,501… Read More »Ethereum ICO Whale Realizes $892 Million Selling Spree Over Past Year
Market analysts are warning that Bitcoin (BTC) could face significant downward pressure following a sharp decline in the US dollar index (DXY). The DXY has experienced a substantial drop exceeding 10%, a shift flagged by analysts as potentially destabilizing for… Read More »Dollar Index Plunge Sparks Fears of Bitcoin Price Drop Below $100,000
Investment firm TD Cowen has maintained its buy rating for Strategy, citing the company’s substantial Bitcoin reserves and disciplined equity-Bitcoin valuation framework as key growth catalysts. The endorsement positions Strategy as the premier publicly traded vehicle for direct Bitcoin exposure… Read More »TD Cowen Affirms Strategy Buy Rating on Robust Bitcoin Holdings and Growth Outlook
Investment firm TD Cowen has maintained its buy rating for Bitcoin, underpinned by the cryptocurrency’s distinctive intrinsic cycle mechanism and strategic equity dynamics within its market framework. The firm identifies these structural elements as primary drivers behind Bitcoin’s premium valuation.… Read More »TD Cowen Reaffirms Bitcoin Buy Rating Citing Intrinsic Cycle and Market Dynamics
Financial services platform Matrixport projects Bitcoin could surge to approximately $116,000 during July, citing historical seasonal performance patterns and accelerating institutional adoption as primary catalysts. Analysts note Bitcoin’s historical dominance in July, averaging over 9.1% gains across the previous five… Read More »Matrixport Analysts Forecast $116,000 Bitcoin Price Target in July
The U.S. Federal Bureau of Investigation (FBI) has formally charged Tushal Rathod of New York with orchestrating a sophisticated fraud and money laundering operation generating approximately $1.7 million in illicit proceeds. The alleged scheme, spanning from November 2021 to June… Read More »New York Man Charged for Laundering $1.7 Million Via Fraud Scheme Involving Bitcoin
Bitcoin investors realized $2.46 billion in single-day profits, more than double the year-to-date daily average of $1.14 billion. This significant profit-taking event was led by Binance users, who cashed out $2.6 billion in what became the exchange’s third-largest profit-realization event.… Read More »Record Bitcoin Profit-Taking Hits $2.46 Billion as Market Shows Stabilization Signs
Hong Kong’s cryptocurrency-focused stock market witnessed a significant surge during July, finding its catalyst in anticipation surrounding stablecoin regulatory developments, particularly concerning USDT. This market movement also appeared influenced by positive sentiment from the US-based ‘Altcoin Season’ rally. The pivotal… Read More »Hong Kong Crypto Stocks Surge Fueled by Stablecoin Regulations
Market analysis of historical Bitcoin performance indicates July tends to be a month of resilience, characterized by monthly losses rarely exceeding 10%. This seasonal trend suggests potential for stability or appreciation during the current period. Broader market dynamics, particularly the… Read More »Analysis Points to Bitcoin Historical Stability and Potential Gains in July Period
Michael Saylor’s distinctive Bitcoin investment strategy has delivered substantial returns, generating a profit of $4.4 billion. This performance underscores the strategy’s effectiveness, achieving a return of 7.8%. The disciplined approach employed represents a significant success within the cryptocurrency investment landscape.… Read More »Michael Saylor’s Bitcoin Strategy Yields 7.8% Return, $4.4 Billion Profit