Bitcoin reached a historic milestone today, touching $124,500 and setting a new all-time high that initially fueled hopes of a strong bullish continuation. The breakout above previous resistance levels ignited optimism among traders and investors, who saw it as a potential launchpad for the next leg of the rally. However, the euphoria was short-lived —…
Bitcoin fell sharply Thursday after the US Treasury made clear it will not add to a planned Bitcoin reserve through new purchases. Prices had earlier rallied to an intraday high near $124,120, but traders saw gains reverse and the token backpedaled to around $118,550 later in the session. Markets were jittery, and parts of the…
Bitcoin is approaching its all-time high, with institutions accelerating their accumulation. As of August 14, BTC reached $121,800 before easing, supported by macro shifts, including dovish Federal Reserve expectations and regulatory changes. A significant policy update now permits U.S. 401(k) retirement plans to include cryptocurrency allocations—bolstering long-term demand from both retail and institutional investors. JUST…
Corporate Bitcoin holdings have exploded to $215 billion across 213 entities, with public companies controlling 71.4% of the total, but new research warns this “dangerous game” will likely see most participants fail to survive a full credit cycle. According to a research report from Sentora shared with Cryptonews, companies are “borrowing billions in fiat, issuing…
Bitcoin hit a new all-time high (ATH) on August 13, providing a bullish outlook for the leading cryptocurrency. Ethereum has also recorded remarkable gains in the last seven days, bringing it close to its ATH. This development has occurred thanks to macro factors, which are boosting risk-on sentiment. Bitcoin Hits New ATH While Ethereum Records…
Dennis Porter, CEO of the Satoshi Action Fund, ignited a fresh fight over Bitcoin’s identity and governance on Wednesday, arguing that so-called “spam” transactions are bloating the blockchain and, over time, could open the door to protocol changes that erode its most sacrosanct guarantees. “Bloating bitcoin with spam won’t ‘kill’ bitcoin,” Porter wrote on X…
The Bitcoin reversal over the $121,000 level has triggered another wave of bullish sentiment in the market. This has led to expectations that the bull rally will continue and that the leading digital asset is set to put in a new all-time high above its previous $123,000 peak. This has also come with the formation…
Chris Burniske, the cofounder and partner at crypto venture firm Placeholder, laid out a time-boxed set of cycle targets for the market’s three bellwethers, arguing that the “crazier” price action gets through early autumn, the higher his conviction becomes that this cycle culminates in October. “Aiming for an October top in BTC, if I were…
A policy whiplash at Google set the crypto industry ablaze on Wednesday before ending in a rare and explicit climbdown: non-custodial wallets are not covered by the Play Store’s new licensing regime. The clarification, posted by Google’s official communications account on X late August 13, came after lawyers, developers, and high-profile Bitcoiners blasted an earlier…
US spot Ether exchange-traded funds (ETFs) pulled in $729.1 million in net inflows on Wednesday, their second-largest daily haul since launching earlier this year, according to SoSoValue data. Key Takeaways: US spot Ethereum ETFs drew $729.1M on Wednesday, their second-largest daily inflow since launch. Ethereum ETFs have pulled $2.2B over three days, nearly seven times…