Bitcoin | Crypto

Bitcoin price action targets waiting $117,500 liquidity in a volatile Wall Street open, while record open interest sparks warnings of crypto market "froth." Key points: Bitcoin dives more than 2% from its $120,000 daily high to swipe bid liquidity in an anticipated move. Market projections nonetheless see a deeper retracement coming. Read more

Mara Holdings announced plans to offer up to $1 billion in zero-interest convertible notes, with proceeds earmarked for repurchasing debt, buying Bitcoin and corporate expenses. Mara Holdings, one of the largest publicly traded crypto mining firms, said it intends to offer up to $1 billion worth of convertible senior notes, with a portion of the funds intended for Bitcoin purchases. According to a Wednesday announcement, $850 million of notes will be offered to qualified institutional buyers due in 2032. The company will also grant buyers an option to purchase an additional $150 million in principal, bringing the potential total to $1 billion. Up to $50 million of the proceeds is expected to be spent on repurchasing a portion of its existing 1.00% convertible senior notes due 2026. The remainder will be used to cover the costs of the capped call transactions, acquire additional Bitcoin (BTC) and fund general corporate purposes. Read more

Several Bitcoin onchain metrics are suggesting that BTC’s market structure remains strong and the bull cycle has more room to run. Key takeaways: Bitcoin’s price structure and fundamentals remain solid as new buyers step in. BTC short-term holder metric shows no overheating with $138K in play. Read more

Bitcoin profit-taking may be inadvertently revealing the next "local bottom" for BTC price, new analysis suggests. Key points: Bitcoin short-term holders are showing classic profit-taking behavior, sending BTC to exchanges. Their presence among exchange inflows has reached a level associated with “local bottoms” on BTC/USD. Read more

Bitcoin holds firm above $115,000 as resilient buyers absorb sell pressure, setting the stage for a potential breakout to new highs. Key takeaways: Bitcoin’s sideways trading results from Binance taker volume turning negative, and the US and Korean BTC premium index showing weak spot demand. BTC holding above $115,000 and strong buyer absorption near this level shows bulls are committed to pushing Bitcoin price to new highs. Read more

Following a recent spate of filings from issuers to add in-kind redemptions to their Bitcoin and Ethereum ETFs, a Bloomberg analyst says progress is likely being made with the SEC.

Cboe has submitted amendments for five crypto-related exchange-traded funds (ETFs) that would allow authorized participants to create and redeem shares in-kind, which is a positive sign for the approval of such funds. Bloomberg ETF analyst James Seyffart shared on July 22 a screenshot of the exchanges’ docket showing the amended rule filings. The amendments relate […] The post In-kind redemption for Bitcoin and Ethereum ETFs get ‘positive sign’ as Cboe’s files amendments appeared first on CryptoSlate.

It is essential to secure your BTC, altcoins and NFTs with a crypto inheritance plan that safeguards keys and simplifies wealth transfer for heirs. A crypto inheritance plan is vital because losing private keys or seed phrases can permanently make assets like Bitcoin, Ether and NFTs unrecoverable. A strong inheritance plan includes asset inventories, secure access instructions and a trusted executor, ensuring heirs can safely and legally access holdings. Privacy must be protected using encrypted files, sealed documents or decentralized identity tools rather than exposing sensitive details in public wills. Read more

Gaming tokens lag altcoins, but history hints at big surge. SaruTobi Bitcoin game returns to App Store a decade after 2015 ban. Web3 Gamer. The crypto market is printing green candles across the board, with 80% of altcoins outperforming Bitcoin this month but gaming tokens seem to have missed the memo. While the broader market is soaring alongside Bitcoin and Ethereums recent rally, gaming-related tokens are showing signs of life, but still lagging. According to MMORPG game Calamity co-founder Seva, its a credibility problem. Trust is broken. Too many raised millions, delivered zero, Seva said of blockchain games in a recent X post. Read more

Fewer than 1 million people on Earth hold a full Bitcoin. That’s less than 0.02% of the global population and even fewer in crypto. If you own at least 1 Bitcoin, get ready for your ego to be tickled.  According to blockchain data, around 827,000-900,000 addresses currently hold at least 1 Bitcoin (BTC). But many of these wallets are controlled by exchanges, institutions or individuals who split holdings across multiple addresses. The real number of unique people who own 1 Bitcoin is likely closer to 800,000-850,000. Read more

Bitcoin can still surpass all-time highs, but doubts surface over how quickly bulls can get past the latest sub-$120,000 consolidation phase. Key points: Bitcoin market momentum slows after its all-time highs, but investors are not wasting time adjusting to rangebound conditions. Profitability has “cooled,” says Glassnode, but fresh gains are still possible. Read more

The Wall Street giant may allow clients to borrow against crypto holdings, such as Bitcoin and Ethereum, as early as next year.

Altcoins advanced sharply last week while Bitcoin (BTC) held near record levels, shifting market leadership toward higher-beta tokens, according to the latest edition of the “Bitfinex Alpha” report.  Bitcoin reached an all-time high of $123,054, a 65% climb from its April low, before entering a sideways range between $116,000 and $120,000. As the flagship crypto […] The post Altcoins benefit from capital rotation as Bitcoin dominance slides amid consolidation appeared first on CryptoSlate.

Polymarket bettors have indicated 34% odds that Bitcoin will finish July above $125,000, versus 11% seeing $130,000+, as the token has reached a $123,000 record amid passage of the GENIUS Act and a $2 billion Bitcoin purchase by Truth Social’s parent company. The post Bitcoin To Pass 125k This Month, Polymarket Bettors Predict  appeared first on Cryptonews.

Trump Media and Technology Group, the parent company of Truth Social, revealed it has amassed roughly $2 billion worth of Bitcoin (BTC) and related digital assets, expanding on an investment strategy disclosed earlier this year. The company’s July 21 filing comes days after the U.S. House of Representatives advanced a trio of crypto bills, including […] The post Trump Media discloses $2B Bitcoin holdings as Congress approves key crypto legislation appeared first on CryptoSlate.

Bitcoin whales moved significant volumes to exchanges as profit-taking continues near the all-time high level.

Backed by $2.5 billion in funding, Trump’s media company has started acquiring Bitcoin as part of its previously announced investment strategy. Trump Media and Technology Group, the company that owns US President Donald Trump’s Truth Social platform, said it held about $2 billion in “Bitcoin and Bitcoin-related securities” just a few days after significant cryptocurrency bills pushed by Trump advanced in Congress. In a Monday notice, Trump Media said it had acquired Bitcoin (BTC) as part of an investment strategy announced in May, in which it allocated $1.5 billion from stock sales and $1 billion from convertible senior secured bonds to purchase the cryptocurrency. The media company said it would continue to acquire “Bitcoin and Bitcoin-related assets” depending on market conditions.  Read more

Bitcoin price action leaves a lot to be desired as an XRP market cap milestone compounds trader excitement over a new "altseason." Key points: Bitcoin is still failing to rechallenge recent all-time highs, leading to doubts over future BTC price strength. A deeper rebound could rescue the situation, says analysis, as altcoins steal the limelight. Read more

The company,  which owns the Truth Social social media platform and has struggled financially, joins a growing number of companies to create Bitcoin treasuries.  

David Bailey played a key role in transforming US President Donald Trump from a crypto skeptic into a vocal supporter. Now, he’s reaping the rewards. 210k Capital, a hedge fund founded by entrepreneur David Bailey, has reportedly posted massive gains from its digital asset holdings after helping persuade US President Donald Trump to adopt a pro-crypto policy stance, highlighting the potential impact of favorable regulation on the digital asset sector. The fund delivered a net return of 640% in the 12 months through June, largely driven by investments in publicly traded companies that added Bitcoin (BTC) to their balance sheets, Bloomberg reported. As a private entity, 210k Capital is not required to disclose financials, but Bloomberg obtained the figures from an anonymous source, who also said the fund’s wealth stems from Bitcoin treasury investments in several countries, including the US, UK, Canada, Australia and Sweden. Read more