A recent report from Glassnode suggests that Bitcoin’s current rally still has significant momentum, with the potential for prices to reach as high as $130,000 before demand begins to cool off. The analysis highlights that 95% of short-term holder (STH) supply is currently in profit, which is notably above the long-term average of 88%.

Bitcoin has managed to stay above the $100,000 mark, trading at around $108,000, even as trading volumes on both spot and futures markets have dropped to their lowest levels in over a year. This decline in volume, which fell by more than $36 billion, suggests that retail investors—individual traders who typically drive much of the market activity—are becoming less active.

BONK, a Solana-based meme coin, has recently challenged the prevailing narrative of a massive $741 million sell-off driven by Pump.Fun, a popular meme coin launchpad. Instead of succumbing to downward pressure, BONK has seen a significant buying spree, with the LetsBONK community capturing over 54% of the market share.

BitMine Immersion Technologies’ stock experienced a dramatic surge of over 500% on June 30, following the announcement of a $250 million private placement. This substantial funding is dedicated entirely to accumulating Ethereum (ETH), signaling a major strategic shift for the company.

Circle, the issuer of the USDC stablecoin, recently saw its stock (CRCL) experience a sharp pullback after an extraordinary rally. The company’s shares had surged over 750% from their pre-IPO price of $31 to nearly $300, largely driven by the passage of the U.S. stablecoin bill known as the GENIUS Act. However, on June 24, Circle’s stock dropped by more than 20% from its peak, closing at $222.81.

Cardano is planning a significant shift in its treasury management by converting part of its $1.2 billion reserves into Bitcoin. The strategy, outlined by founder Charles Hoskinson, involves using the yield generated from holding Bitcoin to buy back ADA tokens. This approach aims to create a feedback loop that gradually reduces ADA’s circulating supply and supports its price, potentially acquiring over 11,000 BTC and using any gains to purchase millions of ADA if Bitcoin’s pr

Optimism (OP) recently experienced a 26% surge in daily active addresses and a 7% increase in transactions, signaling a short-term spike in user engagement. However, despite this uptick, the total number of active addresses has dropped significantly over time, and transactions have merely held steady above 900,000. This suggests that while there is concentrated activity among a smaller group of users, it remains unclear whether this marks a lasting trend reversal or just temp

Bitcoin has recently reclaimed the$106,000 level after a 2% market gain, sparking optimism among investors about the possibility of a new all-time high (ATH).

Bitcoin’s market sentiment is starting to show cautious optimism. One indicator used to assess overall sentiment, the Bitcoin Combined Market Index (BCMI), has recently moved higher in its short-term trend, signaling that some traders are regaining confidence.

Despite Bitcoin maintaining a steady price above $108,000, crypto mining stocks have experienced significant declines.This downturn is attributed to investor concerns following the Federal Reserve's May meeting.

In the fourth quarter of 2024, Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, significantly increased its exposure to Bitcoin by acquiring over 8.2 million shares of BlackRock's iShares Bitcoin Trust (IBIT), valued at approximately $437 million.

Bitcoin's recent struggle to surpass the $105,000 mark reflects a complex interplay between macroeconomic factors and evolving investor sentiment.

Bitcoin is once again approaching the highly anticipated $100,000 mark, currently trading around $98,215.61.

XRP's ascent in South Korea, surpassing Bitcoin on Upbit, reflects growing investor favor, boosted by legal wins and utility.