Bitcoin (BTC) surged 28% in July, reaching highs near $123,200, fueled by growing institutional adoption and strategic accumulation. Tokyo-listed Metaplanet led the charge, purchasing 780 BTC worth $93 million, bringing its total holdings to 17,132 BTC valued at $1.7 billion. The firm aims to acquire 1% of Bitcoin’s total supply, 210,000 BTC, by 2027, signaling…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Yesterday, Bitcoin (BTC) once again faced rejection around the $120,000 resistance level after briefly reaching a high of $119,760. At the time of writing, the top cryptocurrency is trading slightly lower at $118,900. However, a sharp increase in whale inflows to Binance threatens to trigger further downside pressure for the digital asset. Binance Whales Ramp…
A tentative calm settled over global markets on Monday as Washington and Beijing agreed to push their tariff truce out by another 90 days. The news was a welcome relief, at least in the crypto front, as Bitcoin traders set their sights on the next target: $120,000 Related Reading Talks resume in Stockholm, with both…
Bitcoin continues to consolidate between $115,000 and $120,000, with bulls maintaining control despite the lack of a breakout above $123,000. What stands out in this range-bound structure is the clear demand concentration around $117,000. According to Glassnode’s BTC Cost Basis Distribution Heatmap, this level has consistently attracted buying interest, acting as a key area where…
A crypto analyst has issued a bold new forecast on the future trajectory of Bitcoin (BTC), claiming that the era of parabolic bull runs and painful bear markets is over. In its place, he envisions a slower, more institutionally driven path toward long-term growth. Looking ahead, the analyst believes that Bitcoin could reach $1,000,000 in…
According to reports, Japanese investment firm Metaplanet has just added 780 Bitcoin to its stash. The move brings the company’s total holdings to over 17,000 BTC, worth about $1.73 billion at today’s prices. The move marks another big step for Asia’s largest public Bitcoin holder and underlines how seriously the firm is treating crypto. Related…
After a tumultuous week, the Bitcoin price is starting to find its footing again, rising from major support around the $115,000 level. Currently, the pioneer cryptocurrency looks to be on the path of recovery and possibly moving toward new highs this week as momentum picks up. There is also the possibility of a coming short…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,500 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above…