Suspected $8.6 Billion Bitcoin Move Sparks Fears of Largest Crypto Heist Summary: A dormant stash of 80,000 Bitcoin, valued at over $8.6 billion, was unexpectedly transferred to new wallets, triggering speculation of a potential crypto heist. Industry voices, including Coinbase executive Conor Grogan, point to signs of possible foul play, raising concerns about market implications….
Bitcoin Mempool Nearly Empty as On-Chain Activity Slows Summary: Despite Bitcoin’s price resilience within a narrow trading range, a notable drop in on-chain activity has led to the network’s mempool being nearly empty — a rare event signaling weakened demand from retail investors. Background: What an Empty Mempool Indicates The Bitcoin network is currently experiencing…
Bitcoin Dips Below $109K as Dormant Whales Stir and U.S. Lawmakers Prepare for ‘Crypto Week’ Summary: Bitcoin slipped beneath the $109,000 mark on Friday amid notable profit-taking activity. The move was punctuated by the awakening of two long-dormant wallets, which transferred a combined 20,000 BTC—worth over $2.18 billion—creating ripples across the crypto market ahead of…
Tether and Adecoagro Launch Renewable-Powered Bitcoin Mining in Brazil Summary: Stablecoin issuer Tether has partnered with South American agribusiness Adecoagro to launch a new Bitcoin mining initiative in Brazil powered by surplus renewable energy. The collaboration combines clean energy infrastructure with crypto mining to enable sustainable blockchain operations. Background Tether Holdings, the company behind the…
Revised Elliott Wave Analysis Predicts Bitcoin Peak Above $395,000 Summary: A newly updated Elliott Wave count by market analyst Gert van Lagen suggests Bitcoin (BTC) could surge above $395,000 before this bullish cycle concludes, significantly raising the potential price top from prior forecasts. The analysis outlines a step-like parabolic pattern and identifies a sell zone…
Bitcoin to $1 Million? ‘Rich Dad’ Author Robert Kiyosaki Makes $100K Bet Summary: Financial author Robert Kiyosaki has purchased another Bitcoin, investing over $100,000 in a single trade. Known for his bullish stance on cryptocurrencies, the “Rich Dad Poor Dad” author predicts Bitcoin could hit $1 million, and he’s now putting money behind that belief….
Bold Brew: Spanish Coffee Chain Vanadi Commits $1.17 Billion to Bitcoin Summary: Vanadi Coffee, a small Spanish café chain, has approved a bold plan to invest up to €1 billion ($1.17 billion) in Bitcoin. The move, backed by shareholders on June 29, positions the Alicante-based company as Spain’s largest corporate holder of the cryptocurrency and…
Bitcoin Could Surge to $144,000 as Bull Flag Pattern Suggests Continued Rally, Analyst Says Summary: Bitcoin is trading above $107,000 following a bullish momentum highlighted by a 4.89% weekly gain. A well-known crypto analyst known as Merlijn The Trader identifies a bullish flag pattern and MACD crossover, suggesting a potential price target of $144,000. Technical…
Bitcoin Miners Retain Holdings Despite Record-Low Profitability Summary: On-chain data reveals that Bitcoin miners are holding on to their BTC reserves despite historically low profits, driven by a sharp decline in transaction fees and rising mining difficulty. BTC Transaction Fees Hit Lowest Level Since 2012 According to blockchain analytics firm Alphractal, Bitcoin miners are refraining…
Spot Bitcoin ETFs Accumulate 1,430 BTC Daily as AUM Approaches 1.2 Million Mark Summary: U.S. Spot Bitcoin ETFs are rapidly accumulating Bitcoin, with a current average daily net inflow of 1,430 BTC. Market analyst Axel Adler Jr. projects assets under management (AUM) could exceed 1.2 million BTC by September, further solidifying the ETFs’ role as…