Search results for "BTC"

Matrixport: Technical indicators show that the market may consolidate in the next one or two months, and the Fed is not expected to announce a rate cut directly at the meeting on July 30.

Matrixport pointed out in its weekly report that the US policies and macro data are favourable, Bitcoin has entered a new trading range, with prices approaching the upward boundary, and it is expected to enter a consolidation period. In the short term, it may pull back to the 106,000-108,000 USD range, and if it stabilizes, it will lay the foundation for the next round of rise. Current market sentiment is somewhat overheated, so caution is advised in operations, and future trends will be influenced by catalysts.
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CHAMPAGNE (Formula 1) rose 314.05% in 24 hours

Gate News Bot news, on July 18, according to CoinMarketCap data, CHAMPAGNE (Formula 1) is currently reported at $0.000069, rising 314.05% in the last 24 hours, with a highest of $0.000070 and a lowest of $0.000016, and a 24-hour volume of $627,400. Current market capitalization data is not available. CHAMPAGNE is a high-speed on-chain revolution that combines the energy of motorsports with blockchain innovation. The project aims to integrate the excitement of motorsports with the innovation of blockchain technology, providing users with a unique experience. Important news about CHAMPAGNE (Formula 1) recently: 1️⃣ **Bitcoin breaks through the $100,000 mark, driving the overall cryptocurrency market to rise**
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Analysis: The technical indicators show that Bitcoin may enter a consolidation period within the next 1 to 2 months.

PANews July 18 news, Matrixport released the latest investment research report indicating that Bitcoin has recently been driven by favourable information from U.S. policies, fiscal measures, and macro data, entering a new trading range. However, the current price is approaching the upper boundary, and technical indicators suggest that the market may enter a consolidation period in the next one to two months. The report mentioned that Bitcoin has steadily risen in the past 18 months, using $16,000 as a stepping stone, with $122,000 being the next reasonable target. However, after recently reaching that point, it quickly retreated, possibly building momentum for the next trend. In addition, the technical indicators show that Bitcoin has entered the overbought zone, with the RSI breaking above 70, and multiple reversal signals indicating a pullback. If Bitcoin retraces to the range of 106,000 to 108,000 USD and holds steady, it is expected to relieve technical pressure and create conditions for subsequent upward movement. The report also mentions that the current market sentiment is somewhat heated, as the "Greed and Fear Index" has entered
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Matrixport: BTC may face a phase of cooling down.

ChainCatcher news, Matrixport released a research report indicating that the Bitcoin price is approaching the upward boundary, and technical indicators suggest that the market may enter a consolidation period in the next 1-2 months. The RSI has broken through 70 into the Overbought zone, and multiple reversal signals show signs of a pullback. The report suggests moderately locking in profits and points out that the $106,000-$108,000 range is a key support level, with $122,000 as the next reasonable target. The US core CPI has only risen slightly to 2.9%, below expectations, and the Fed may not directly cut interest rates in July but could release signals for expectation management.
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Greeks.live: The maximum pain point for BTC is $114,000, and the maximum pain point for ETH is $2,950.

The research report published by Greeks.live shows the expiration situation of BTC and ETH options on July 18, where the maximum pain points for BTC and ETH are $114,000 and $2,950 respectively. The ETH breaking through $3,650 has boosted the recovery of alts, while BTC remains volatile around $120,000, with approximately $6 billion in options delivery, changes in implied volatility, and the market showing FOMO sentiment.
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Mystery Wallet Transfers 500 BTC Worth $59.31M From Centralized Exchange

Gate News bot message, a new cryptocurrency wallet conducted a significant withdrawal of 500 Bitcoin (BTC), valued at $59.31 million, from a centralized exchange platform. The transaction occurred 6 hours ago through the wallet address bc1q2m2fuckmw5kkts2etugl02rdz2ht6934lgyaa2.
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Wall Street's big short warns: the corporate Bitcoin treasury craze is repeating the SPAC-style bubble risk.

BlockBeats news, on July 18, according to DL News, Wall Street's well-known short seller Jim Chanos has sounded the alarm on the heated phenomenon of corporate Bitcoin treasuries. Chanos likened it to the frenzied SPAC (special purpose acquisition company) wave of 2021—when $90 billion was raised in just three months, only to end in a disastrous collapse. But this time, the difference is that public companies are purchasing Bitcoin through the issuance of Convertible Bonds and preferred stock, without engaging in any substantial business. "What we are seeing in the Bitcoin treasury market now is strikingly similar to the madness of SPACs in 2021," Chanos said this week on a podcast, "Almost every day there are significant announcements—'hundreds of millions every night.'"
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A "Satoshi Nakamoto era" Bitcoin Whale has deposited the last 40192 Bitcoins into Galaxy Digital, worth approximately $4.83 billion.

PANews, July 18 news, according to Onchain Lens, a "Satoshi Nakamoto era" Bitcoin Whale has just deposited the last 40,192 Bitcoins (approximately $4.83 billion) into Galaxy Digital. In the past 4 days, this Bitcoin OG has transferred a total of 80,201 Bitcoins (approximately $9.6 billion) to Galaxy Digital.
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BTC breaks through 120000 USDT

Gate News bot message, Gate market shows that BTC has broken through 120000 USDT, current price 120003.6 USDT.
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BTC broke through 119000 USDT

Gate News bot message, Gate market shows that BTC has broken through 119000 USDT, with the current price at 119007.3 USDT.
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Crypto Trader James Wynn Closes BTC and HYPE Short Positions with Significant Profit

Gate News bot message, crypto trader James Wynn (@JamesWynnReal) has exited his leveraged short positions in Bitcoin (40x) and HYPE (10x). The trader deposited $467,999 on HyperLiquid two days ago, with his current balance standing at $787,534, marking a successful trading period.
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Bitcoin and Ethereum ETFs Record Significant Inflows with BlackRock Leading

Gate News bot message, the cryptocurrency ETF market demonstrated substantial growth on July 17. Ten Bitcoin ETFs recorded a net inflow of 6,930 BTC ($816.55M), with iShares by BlackRock leading the charge, contributing 6,405 BTC ($754.73M) to reach total holdings of 727,359 BTC ($85.7B). Similarly
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BTC Digital has shifted its strategy to Ethereum and no longer holds Bitcoin, completing a $6 million financing.

BTC Digital Ltd. announced a strategic transformation, focusing on Ethereum, halting its holdings of Bitcoin, completing a $6 million financing, increasing its holdings of $1 million in ETH, and planning to convert all Bitcoin into Ethereum, with a goal of reaching tens of millions of dollars in total ETH reserves by the end of the year. Meanwhile, BTCT will launch ETH staking and participate in Decentralized Finance projects.
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The US SEC delays the decision on Bitwise encryption ETF's physical redemption application

ChainCatcher news, the SEC announced an extension of the review period for the Bitwise Spot Bitcoin and Ether ETF physical redemption proposal. If approved, investors will be able to directly redeem BTC or ETH assets. The proposal is currently under review at the NYSE Arca, and the SEC stated that more time is needed to assess the related rule changes and potential issues. The physical redemption method may affect tax treatment.
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BTC falls below 118000 USDT

Gate News bot message, Gate market shows BTC falls below 118000 USDT, current price 117990.5 USDT.
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Japanese nail salon operator Convano Inc plans to purchase $2.7 million worth of Bitcoin in July as financial reserves.

PANews July 17 news, according to the official announcement, Japanese nail salon operator Convano Inc (6574.T) has officially launched its Bitcoin financial strategy and plans to purchase BTC worth 400 million yen (approximately 2.7 million USD) in July. The company has established a dedicated "Bitcoin Strategy Office" led by director Taiyo Azuma.
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Strategy market capitalization reached a new high of $128.5 billion, becoming the 84th largest publicly traded company in the United States.

PANews July 17 news, according to CoinDesk, the software company Strategy (MSTR), led by Michael Saylor and focused on purchasing Bitcoin, has set a record in market capitalization after years of transformation mainly through aggressive equity issuance. The company's market capitalization has soared to $128.5 billion, making it the 84th largest publicly traded company in the United States. Five years ago, the company's market capitalization was less than $2 billion.
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BTC breaks through 119000 USDT

Gate News bot message, Gate market shows that BTC has broken 119000 USDT, current price is 119024.6 USDT.
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Virtune launches Bitcoin Prime ETP and stake-based Solana ETP

Golden Finance reports that the Swedish digital asset management company Virtune has announced the launch of the Bitcoin Prime ETP and the staking Virtune Staked Solana ETP. It is reported that these two exchange-traded products will be listed on the Xetra stock exchange in Germany.
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CryptoQuant: Short-term holder data suggests that BTC may have an additional 20%-25% rise potential.

Analyst Darkfost pointed out that the MVRV indicator for short-term Bitcoin holders is 1.15, indicating that the market still has room to rise, possibly by 20%-25%. The average buying cost for short-term holders has surpassed $100,000, suggesting that market support is further increasing.
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Analysts: Short-term holders' MVRV shows that Bitcoin still has pump potential.

CryptoQuant analysts point out that the MVRV ratio of short-term holders is only 1.15, below the profit-taking threshold of 1.35, suggesting that Bitcoin has about 20%-25% pump potential, providing bullish opportunities.
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User X asked Grok to crack Satoshi Nakamoto's Bitcoin wallet, and Musk responded with a "laugh-crying" emoji to the back-and-forth.

User X requests Grok to crack Satoshi Nakamoto's Bitcoin wallet, and Grok points out that even pooling global computing resources cannot complete this task, requiring time far exceeding the age of the universe. Musk finds this interesting, sparking discussion.
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A Bitcoin ancient whale transferred 9999 BTC, worth 1.19 billion USD, to a new address 3 hours ago.

According to a report by Golden Finance, data from Arkham shows that the "silent whale of 80,000 BTC after 14 years" transferred 9,999 BTC to a new Address 3 hours ago, worth $1.19 billion.
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Bitunix Analyst: The US House advances three major encryption bills, BTC is in a sideways trend, with short-term support still looking at $116,300.

The U.S. House of Representatives has passed three crypto assets bills, marking a significant advancement in the encryption regulatory framework. Meanwhile, the economic outlook is neutral, and Trump has hinted at a low interest rate policy. Analysts suggest BTC maintain its consolidation, follow short-term support and resistance levels.
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BTC falls below 118000 USDT

Gate News bot message, Gate market shows BTC fell below 118000 USDT, current price 117986 USDT.
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FOIA Reveals: The U.S. Marshals Service Holds at Least 1.6 Billion Dollars in Bitcoin

According to Protos, documents obtained through a Freedom of Information Act (FOIA) request show that the US Marshal's Service holds at least $1.6 billion in Bitcoin (BTC). The filing did not disclose information such as the specific case number, date of intake, asset ID, etc., but hinted that the institution may hold about 28,988 BTC, which could be worth about $3.4 billion at an average price of $56,000.
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Crypto Trader James Wynn Shifts from BTC Long to Short Position After Major Profit

Gate News bot message, Trader James Wynn (@JamesWynnReal) has completed a significant trading sequence in the cryptocurrency market. Wynn closed his Bitcoin (BTC) position with 40x leverage, securing profits of $368,120. Following this move, he established a new short position on BTC, also at 40x le
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British lawmakers have called for a ban on cryptocurrency political donations

British lawmakers have called for a ban on the use of cryptocurrencies for political donations, fearing that it would be difficult to trace and trigger foreign interference. Officials have said legislation needs to be updated to ensure transparency in political financing, and anti-corruption agencies have warned of increased crime risks. Other countries have also imposed bans on crypto donations.
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Golden Finance reported that El Salvador's President Nayib Bukele met with the Minister of Crypto Assets from Pakistan to discuss: Bitcoin Mining and energy resources, strategic Bitcoin reserves, and Bitcoin education.

BTC falls below 119000 USDT

Gate News bot news, Gate market shows, BTC falls below 119000 USDT, current price 118993.3 USDT.
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Roger Ver faces a potential 109-year sentence for tax evasion and is suing Spain to prevent extradition to the United States.

Golden Finance reported that early Bitcoin supporter Roger Ver is wanted by the U.S. for tax evasion and may face 109 years in prison. He is suing Spain in an attempt to prevent extradition to the U.S. The U.S. alleges that he evaded the "exit tax" when renouncing his U.S. citizenship and concealed substantial encryption asset income, with tax implications of about $48 million. Ver has filed a lawsuit with the European Court and is publicly seeking support for himself.
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BTC breaks through 120000 USDT

Gate News bot message, Gate market shows, BTC突破 120000 USDT, current price 120043.3 USDT.
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Major Crypto Trader @AguilaTrades Flips Position: $475M BTC Long After Closing Short

Gate News bot message, the cryptocurrency trader known as "Mysterious Whale" @AguilaTrades has executed a significant position change in the Bitcoin market. After closing their Bitcoin (BTC) short position with 20x leverage, they have established a new 20x leveraged long position involving 4,000 BTC
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Bitcoin and Ethereum ETFs Record Significant Inflows with BlackRock Leading

Gate News bot message, 10 Bitcoin ETFs recorded a positive net inflow of 3,412 BTC ($404.18M) on July 16. Among them, iShares by BlackRock contributed the largest inflow of 3,566 BTC ($422.4M), bringing its total holdings to 720,954 BTC ($85.4B). Simultaneously, 9 Ethereum ETFs witnessed substantia
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ARK Invest sold over 225,000 shares of the ARK 21Shares Bitcoin ETF, netting $8.7 million.

Odaily News Cathie Wood's ARK Invest sold 225,742 shares of ARK 21Shares Bitcoin ETF (ARKB) on Tuesday. Based on ARKB's closing price of $38.70 on Tuesday, the sale netted $8.7 million, marking the largest single-day ARKB sale in ARK's history.
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Japanese上市公司Agile Media Network increased its holdings by 0.56 BTC and may purchase up to $6.72 million worth of BTC before September.

Japanese listed company Agile Media Network Inc purchased 0.56 BTC for 10 million yen, with a total reserve of 1.28 BTC. The company plans to buy up to 100 million yen in BTC before 2025 and up to 500 million yen in BTC before 2029.
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Bulgaria's sale of Bitcoin in 2018 caused it to miss a $25 billion debt repayment opportunity.

PANews, July 16 news, according to Cointelegraph, the batch of confiscated Bitcoin disposed of by the Bulgarian government in 2018 has surpassed the total public debt of the country at current market prices. This batch of 213,500 Bitcoins was seized during a crackdown on organized crime in 2017 and was sold for approximately $3.5 billion at that time. If held until now, it would be worth $25.2 billion—5% higher than the latest $24 billion national debt scale, which caused Bulgaria to miss an excellent opportunity for debt repayment.
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Analyst: The ETH/BTC Exchange Rate may further rise, breaking through 0.02425 is crucial.

Odaily News Encryption analyst Michaël van de Poppe stated that the ETH/BTC Exchange Rate may further pump, with a breakthrough of 0.02425 being crucial. He pointed out that the broader altcoin market could follow Ethereum's momentum compared to Bitcoin, stating "momentum is shifting." However, Ethereum's return rate in USD terms is still in a loss state this year, at approximately -5.85%. (Cointelegraph)
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Whale Takes $2.73M USDC Short Position on Bitcoin with 20x Leverage on HypeLiquid

Gate News bot message, A notable cryptocurrency whale transaction has been recorded on HypeLiquid platform. The whale transferred $2.73 million in USDC to the platform and subsequently established a short position on Bitcoin with 20x leverage.
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Analysis: Weak CPI and ETF fund inflows drive strong momentum in alts.

Odaily News Due to traders betting on a dovish stance from the Fed, weak U.S. CPI data and strong ETF inflows have driven alts higher, with Ethereum rising 6% and Solana rising 4%. Analysts point out that Bitcoin may consolidate near its historical high, pulling back from recent highs, leaving room for altcoins to catch up. (The Block)
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LiveOne plans to raise $8.9 million through a stock offering to launch a Bitcoin income-generating treasury strategy.

Odaily News LiveOne, a Nasdaq-listed company, announced plans to raise $8.9 million through a share placement. The company intends to use most of the proceeds to accelerate the launch of its newly established Bitcoin yield fund strategy project. (Globenewswire)
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The Canadian listed company Super Copper Corp plans to allocate 20% of its reserve funds to Bitcoin.

PANews, July 16, according to an official announcement, Canadian publicly traded company Super Copper Corp has begun incorporating Bitcoin into its reserve funding strategy, planning to allocate up to 20% of its reserve funds to Bitcoin as a means of value storage.
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VCI Global, a publicly listed company in the US stock market, has acquired V Capital and plans to launch a regulated Bitcoin fund.

Odaily News VCI Global Limited, a Nasdaq-listed company, announced that it has signed a final agreement to acquire the Malaysian licensed fund management company V Capital Fund Management Limited. It is reported that VCI Global will utilize the obtained license to launch VCIG.
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Bitcoin Reaches New ATH with Unique Search Interest Pattern

Gate News bot message, Bitcoin has achieved a new all-time high (ATH), marking a distinct departure from historical patterns. According to market analysis, previous significant Bitcoin price increases typically correlated with heightened Google search activity. However, the current BTC price surge
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Soluna Holdings raised $5 million through a share placement to support the expansion of green data centers for BTC mining.

Golden Finance reports that Soluna Holdings, a Nasdaq-listed company developing green data centers for Bitcoin mining and other intensive computing applications, announced a fundraising of $5 million through a share placement. This transaction is expected to be completed on July 17, after meeting customary closing conditions. HC Wainwright & Co. is acting as the exclusive placement agent for this issuance, and the new funds will be used to support the expansion of its data center operations and general corporate purposes.
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BTC breaks through 119000 USDT

Gate News bot message, Gate market shows that BTC has broken through 119000 USDT, current price is 119005.3 USDT.
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A certain Whale simultaneously increased the position on a 40x Bitcoin short order and a 20x SOL long order, with unrealized losses of 2.15 million dollars in the last 24 hours.

A certain whale increased short and long order holdings of BTC and SOL on Hyperliquid, while holding multiple mainstream tokens in short orders, accumulating unrealized losses of over $2.15 million.
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Long-dormant Bitcoin Wallet Activates After 6 Years, Moves $122.54M Worth of BTC

Gate News bot message, a previously inactive Bitcoin wallet has resumed activity after 6 years of dormancy, transferring 1,042 BTC (valued at $122.54 million) to a new wallet address. The wallet initially received the 1,042 BTC (worth $9.12 million at that time) from Braiins Mining and Xapo Bank in
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BigONE: The system is gradually recovering, deposit and trading services will restart within a few hours.

The BigONE platform experienced an abnormal transfer of approximately 27 million dollars in assets due to a third-party attack. The attack path has been locked down and risks have been contained. The system is gradually recovering, and it is committed to using security reserves to fully compensate users for their losses, ensuring asset security.
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James Wynn: Bitcoin may reach a short-term high this month, and the next 1-2 months will be alt season.

Odaily News James Wynn posted on the X platform that Bitcoin may hit a short-term high in July, with a target price of $145,000, followed by a rapid drop to $110,000. He believes that a massive altcoin market will emerge in the next 1-2 months, with FOMO sentiment set to explode. In the fourth quarter, there may be a push due to interest rate cuts, boldly speculating that Bitcoin could surge again to the $160,000 to $240,000 range.
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