CryptoQuant CEO Ki Young Ju flags weakening Bitcoin spot demand while futures remain positive, raising questions about market stability and cycle CryptoQuant CEO Ki Young Ju says Bitcoin spot demand is weakening while futures stay positive.
BTC is rangebound between $64,000 and $66,800 after a 13% recovery from July's lows, with macro markets offering little direction and WLFI the session's surprise standout at +12%.
Bitcoin whales holding 1,000 to 10,000 BTC accumulated 66,700 BTC worth $4.3 billion over 60 days while mid-tier holders sold off 77,800 BTC. Bitcoin whales quietly scoop up 66,700 BTC as mid-tier holders head for the exits.
Bitcoin trades near $65,978, below the $69,000 level Glassnode treats as the average cost basis for short-term holders, and the Federal Reserve's July 28-29 meeting will decide if this disconnect can be closed. June payrolls rose by only 57,000, unemployment stayed at 4.2%, and revisions cut April and May payrolls by a combined 74,000.
The crypto market traded in a mixed range on Wednesday ET, with Bitcoin (BTC) slightly lower while Ethereum (ETH) and several large-cap altcoins posted modest gains—an uneven tape that suggested rotation rather than broad risk-on momentum. According to TokenPostMarket data, Bitcoin was down 0.30% over the previous day at $65,716.79 as of 3:07 a.m.
Bitcoin (BTC) liquidity signals tied to U.S. institutional venues showed a mixed turn on Wednesday UTC, as Coinbase Advanced flipped back to a net inflow while other measures—most notably Coinbase Prime volume and the Coinbase premium—continued to point to subdued U.S.-led buying pressure. According to CryptoQuant data dated July 23 UTC, Bitcoin netflow on Coinbase Advanced—often used as a proxy for 'institutional participation' given its client mix—shifted to a net inflow of +345 BTC (marked as preliminary/unconfirmed).
Alphabet beat on revenue but raised its AI spending forecast again, sending its stock lower after hours. For the chip complex bitcoin tracks, more spending is the bullish read.
The Smarter Web Company has repaid its $11.7 million Smarter Convert instrument ahead of schedule by selling 177.89 Bitcoin, removing a potential 7.7 million-share issuance while retaining a treasury of 2,700 BTC.
The digital asset market continues to mature with the arrival of new tools intended for institutional investors. In this context, S&P Dow Jones Indices and Pantera Capital unveil a benchmark index that favors projects generating real economic activity rather than the popularity of cryptocurrencies.
Digital asset markets faced headwinds on Thursday as multiple factors converged: escalating energy prices, rising government bond yields, and increasing doubts about pending cryptocurrency legislation. Meanwhile, equity markets in Asia found tailwinds from artificial intelligence spending announcements.
Smarter Web Company sells 177.89 BTC to repay $12M, keeping 2,700 BTC. Bitcoin above $54K on July 24, 2026 at 99.9% YES.
Tesla's quarterly results far exceed the automotive industry framework. With every release, investors and analysts scrutinize a strategic indicator: the group's bitcoin treasury.