Bitcoin’s recent price action reflects a consolidation phase rather than a decisive move in either direction. After briefly touching an all-time high of over $123,000 earlier this month, BTC has seen a gradual pullback, currently trading around $118,000 at the time of writing. This represents a 1.1% drop in the last 24 hours and a…
As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over rising exchange deposits are mounting. However, fresh on-chain data reveals a significant contrast between the current rally and previous ones – most notably, a decline in BTC deposits to exchanges. Bitcoin Flow Pulse Shows Low Exchange Activity According to a…
Institutional and retail interest in Bitcoin, the largest digital currency, has risen to a remarkable level as the asset gains mainstream recognition in the financial sector. What was once the domain of early adopters and tech-savvy investors is now being embraced by corporate giants, who consider the crypto king the virtual version of Gold. A…
Bitcoin remains in a tight consolidation range after setting a new all-time high above $123,000 just 10 days ago. The current range, between $117,000 and $120,000, reflects a pause in momentum as the market digests recent gains and prepares for its next major move. While volatility has cooled, underlying metrics suggest that the broader trend…
MARA Holdings, the world’s largest Bitcoin mining company, announced plans to raise $850 million through zero-coupon convertible senior notes due 2032 to expand its existing treasury of 44,893 BTC. According to its official press release, the Miami-based digital energy company expects to grant initial purchasers an additional $150 million option, potentially bringing the total offering…
The US Securities and Exchange Commission is edging toward a structural makeover of spot‑Bitcoin and Ethereum exchange‑traded funds, after five Cboe BZX‑listed products simultaneously asked to swap their cash‑only creation and redemption model for the in‑kind mechanics long used by commodity and equity ETFs. Filings submitted late on 22 July cover the ARK 21Shares Bitcoin ETF and the…
Arthur Hayes, co-founder of BitMEX, has predicted that Bitcoin could reach $250,000 and Ethereum $10,000 by the end of 2025. In a recent blog post, Hayes laid out his thesis, tying the potential price surge to U.S. President Donald Trump’s economic policies and what he describes as a shift to a wartime economy. Crypto to…
Over the past 24 hours, the cryptocurrency market capitalization has dropped by 3.3%, but it still holds at $4 trillion. That said, the market is up today, with the large majority of the top 100 coins per market capitalization increasing in this period. At the same time, the total crypto trading volume is at $222…
JPMorgan is reportedly considering loans backed directly by clients’ Bitcoin and Ethereum holdings, a move that would pull TradFi further into crypto. JPMorgan Could Launch Crypto-Backed Loans As Soon As Next Year According to a Financial Times report, JPMorgan Chase is exploring plans to offer its clients the option to use their cryptocurrency holdings as…
Australia’s only ASX-listed cryptocurrency fund manager, DigitalX, has increased its Bitcoin holdings with the purchase of 74.7 BTC for approximately $8.8 million. Key Takeaways: DigitalX has boosted its Bitcoin holdings to nearly 500 BTC, now valued at over $100 million. The firm allocated $12.8 million from a recent capital raise toward Bitcoin accumulation. DigitalX joins…