If you’ve scanned headlines over the last year, you’ve likely seen the prevailing market narrative: Bitcoin miners are abandoning their operations and pivoting to AI data centers, signaling a retreat from proof-of-work. To casual observers, this looks like a surrender. Proof that Bitcoin was just a temporary placeholder until a “better” compute workload arrived. However, […]
Long-inactive wallets belonging to early Bitcoin investors are back in the spotlight. A Bitcoin address that hadn’t made any transactions since February 2014 moved its entire balance of 27.85 $BTC after almost 12.5 years. The current value of these Bitcoins is approximately $1.78 million. It is noted that when the wallet first acquired the $BTC, […]
As XRP price dropped below a crucial psychological support level around $1 for the first time in 2026 this week, on-chain data shows large holders, XRP Ledger (XRPL) wallets with a balance of more than 1 million tokens, have gradually increased and reached a multi-month peak. The number of XRP’s large holders was at 2,038 […]
U.S. inflation in July was in line with expectations, leaving expectations for another Federal Reserve rate hike broadly unchanged. The Consumer Price Index (CPI) rose 0.1% in July from the previous month, compared with economists’ forecast for a 0.1% increase and June’s 0.4% decline. On a year-over-year basis, CPI rose 3.4%, in line with forecasts […]
Bitcoin (BTC) may be approaching a major breakout after a key volatility indicator reached its lowest level in nearly three years, a setup that previously preceded one of the cryptocurrency’s strongest rallies on record. The latest Bitcoin technical analysis shows that the Bollinger Band Width (BBWidth) indicator has compressed to its narrowest level since October […]
CryptoQuant CEO Ki Young Ju warned investors, pointing out that the recent surge in the Bitcoin market is not driven by strong spot demand. Spot Demand is Necessary for Bitcoin’s Rise! Ki Young Ju, in a post from his X account, stated that the Bitcoin market is currently largely driven by the futures market, while […]
Prediction market participants are assigning low odds to XRP reaching a new all-time high in 2026, amid the cryptocurrency’s struggle to establish a sustained move above the $1 mark. Data from a Polymarket contract titled “XRP all time high by ___?” shows traders currently assign a 7% probability that the asset will set a new […]
Strategy said it held 840,447 $BTC as of Aug. 9 and has begun treating its Bitcoin reserve as a source of balance-sheet flexibility. Michael Saylor said Strategy sold $108 million in Bitcoin and $653 million in MSTR shares to increase its dollar reserve by $650 million, and repurchased $109 million of STRC, its variable-rate preferred […]
Early August brought renewed optimism across the cryptocurrency sector, and one popular on-chain analyst, Ali Martinez, believes that the Bitcoin (BTC) bear market might be ‘in final stages.’ Specifically, in an X post published on August 11, the blockchain expert appears to have mapped a trajectory that could take BTC 181% higher from $63,874 at […]
Hashdex will stop trading its DEFI Bitcoin ETF after the Aug. 17 close, giving investors a final window to exit before the fund is liquidated. According to an SEC filing, investors who remain after trading ends will receive cash from the liquidation of its Bitcoin holdings by Aug. 28. The eventual payout will reflect the […]