Growing address activity and WBTC outflows suggest that Bitcoin's rally may have stronger on-chain support.
Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the week's second surprise macro data drop.
Bitcoin broke above $65,000 on Wednesday morning at 8:30 a.m. EDT, after a softer-than-expected U.S. producer price report lifted stock futures, crypto, and gold, even as Middle East supply fears kept oil prices near multi-year highs.
Abraxas Capital's strategic crypto moves highlight a potential shift in institutional sentiment, impacting Bitcoin's market dynamics and Ethereum's liquidity. Abraxas Capital deposits $40M in Bitcoin to Kraken, pulls $15M in Ethereum off exchanges.
Institutional interest and ETF inflows suggest potential for Bitcoin's price stability, but sustaining above $65,000 is crucial for reducing risks. Bitcoin reclaims $65,000 amid $1B ETF inflows.
Bitcoin price prediction points to $70,000 as BTC holds key resistance and confirms an inverse head-and-shoulders breakout.
Bitcoin has been trading cheaper in the United States than in the rest of the global market for 50 consecutive days. This rare signal comes from the Coinbase Bitcoin Premium Index, which remained negative until July 7–8.
Monero survived 73 delistings, while stablecoins moved $33T. Here are some of the projects that have tried to improve on Bitcoin and how each attempt has gone.
KEEL's AI campus approval marks a strategic pivot from crypto to AI, potentially boosting Qubec's data center prominence and economic growth. KEEL secures city approval for 96 MW AI campus in Sherbrooke, consolidating three former Bitcoin mining sites.
Galaxy Digital Head of Research Alex Thorn presented fresh on-chain data showing that the two-year period of selling marathon by Bitcoin's oldest holders, dubbed the "Great Distribution", is over — in 2026, market veterans sharply reduced their activity, while the rate at which old wallets "woke up" fell by more than half compared with last year.
Le highlighted increasing the U.S.-dollar reserve as an important lever in preferred stock STRC's recovery back to around $90 having fallen below $75 last month.
Bitcoin's BTC$64,649.37 rally on Tuesday petered out as investors considered a weaker-than-forecast U.S. inflation figure wasn't enough to prompt a Federal Reserve interest-rate cut.