In Brief Bitcoin reaches a new ATH of $122,000 as mining difficulty climbs 7.96% to a record 126.27 T, straining miner profitability. Long-term holders show 357% profit ratio, indicating strong conviction and minimal sell-off pressure despite soaring prices. Low Google search interest suggests institutional maturity, not FOMO, shaping this BTC rally amid rising global liquidity.…
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In Brief Vanguard now holds over 20 million shares of Strategy, making it the largest shareholder in the company. Despite Vanguard’s long-standing skepticism toward Bitcoin, Strategy’s MSTR stock benefits from rising Bitcoin values. The rise in institutional interest in crypto stocks, like Strategy, signals increasing mainstream involvement in digital assets. Vanguard Group, a $10 trillion…
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In Brief BTC trades near $120,266 after touching a new ATH above $121,000 SOPR remains low, showing holders aren’t rushing to sell Key resistance sits at $121,519; next upside at $127,798 Bitcoin has once again hit a new all-time high, briefly moving above $121,000 before stabilizing near $120,500. The price is up 2.54% today, continuing…
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In Brief Donald Trump Jr. invested $4 million in Thumzup, a corporate crypto holder expanding into altcoins, diversifying his family’s crypto portfolio. Thumzup plans to broaden its holdings, adding Ethereum, Dogecoin, and others to its Bitcoin-focused treasury for greater financial flexibility. This move aligns with the Trump family’s growing interest in altcoin diversification, following the…
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In Brief Elon Musk critiques the US debt ceiling and Trump’s “One Big Beautiful Bill,” calling it a ticking “debt bomb.” Bitcoin gains attention as a potential solution to the growing US national debt due to its stability and long-term growth. Experts warn of Bitcoin’s volatility but acknowledge its potential as a hedge against inflation…
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In Brief Bit Digital has sold its Bitcoin holdings and transitioned its entire treasury to Ethereum, acquiring 100,603 ETH worth $254.8 million. The move reflects the company’s belief in Ethereum’s long-term potential, positioning it as a major ETH holder among public firms. CEO Sam Tabar emphasizes Ethereum’s potential as a key asset for economic activity,…
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In Brief Elon Musk announces that his new America Party will adopt Bitcoin (BTC). Musk criticizes traditional fiat currency as “hopeless” in response to a question on X (formerly Twitter). The creation of the America Party follows Musk’s fallout with Trump over the ‘big beautiful bill’ and its economic implications. Elon Musk, the billionaire entrepreneur…
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In Brief New Bitcoin whales have realized over $228 million in losses since mid-June, driving volatility and panic selling. Key spikes on June 17 and 22 show newer investors exiting quickly under geopolitical pressure, especially near resistance levels like $110,000. Elevated Exchange Whale Ratio signals whales are preparing sell-offs, capping Bitcoin’s upside and sustaining market…
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In Brief Bitcoin faces potential correction despite ending its downtrend, with key support levels at $103,700 and $95,600. Selling pressure from long-term holders (LTHs) may push Bitcoin toward $103,700; failure to hold this could lead to $95,600. A bullish market shift could propel Bitcoin above $106,265 resistance, targeting $108,000 and invalidating the bearish outlook. Bitcoin…
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In Brief A TradingView error briefly showed Bitcoin’s price as zero on MEXC, sparking outrage on social media, despite no actual price drop. MEXC clarified that the issue was a display error on TradingView, not on its platform, after rumors led to market chaos. Despite MEXC’s clarification, its trading volume surged 51%, possibly due to…
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