Bitcoin looks poised for an extended rally to $138,000 according to market cycle history and the current weekly trend. Key takeaways: Bitcoin closed its highest weekly candle at $119,310, then rallied on to $123,100. Short-term holder NAV premium at 16% signals moderate interest, well below FOMO levels. Read more
KindlyMD raised $51.5 million in just 72 hours to fuel its transformation into a Bitcoin-first public company. Nasdaq-listed KindlyMD secured capital to accelerate its pivot to a Bitcoin-focused public company. In June 2025, KindlyMD Inc. (Nasdaq: KDLY) raised $51.5 million through a PIPE (Private Investment in Public Equity) transaction, and did it in just 72 hours. The round was tied to the company’s pending merger with Nakamoto Holdings, a Bitcoin-native firm led by David Bailey, who is also CEO of BTC Inc., the company behind Bitcoin (BTC) Magazine. Read more
Bitcoin is overdue a support retest, and order-book liquidity points to a trip below $119,000 next — will the market punish late buyers? Key points: Bitcoin surfs exchange order-book liquidity as huge gains plateau at around $120,000. Bid support suggests a return below $119,000 next as part of an anticipated retest. Read more
Bitcoin hit new all-time highs above $122,000 on Monday, up 29% in 2025, overtaking gold’s 27% gains year to date. Key takeaways: Bitcoin's new highs above $122,000 translate to 29% year-to-date gains, overtaking gold’s 27%. BTC price uptrend remains resilient as an ascending parallel channel targets $125,000 next. Read more
Michael Saylor’s Strategy made a fresh $472.5 million investment in Bitcoin to see total holdings cross 600,000 BTC as the cryptocurrency surged past new highs. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, made another major investment in the asset during the past week as BTC surged to new historic highs of $118,000. Strategy acquired 4,225 Bitcoin (BTC) for $472.5 million last week, the company announced in a US Securities and Exchange Commission filing on Monday. Strategy’s new Bitcoin buy averaged $111,827 per coin, with BTC surging from about $108,000 on July 7 to $118,000 by the end of the week, according to CoinGecko. Read more
Strategy continues to lead the pack among Bitcoin treasury companies, issuing debt and equity instruments to finance more purchases. Strategy co-founder Michael Saylor signaled that Strategy would resume Bitcoin (BTC) buying on Monday after the company took a week-long hiatus from accumulating the digital asset. “Some weeks, you don’t just HODL,” the executive wrote on Sunday. The company skipped buying BTC last week but announced a $4.2 billion capital raise. Before the break, Strategy racked up 12 consecutive weeks of BTC accumulation. Strategy’s most recent BTC buy occurred on June 30, when the company bought 4,980 BTC for $532 million, bringing its total holdings to 597,325 BTC, valued at over $70.9 billion. Read more
BTC price action is copying late 2024 — and that could result in fresh 50% gains, one trader says as late Bitcoin shorts feel the pain again. Key points: Bitcoin tags fresh record highs into the weekly close as liquidations punish shorts. BTC price areas of interest include a support test of $115,000. Read more
The corporate Bitcoin adoption race is “mostly being spearheaded by brand new companies or dying companies you’ve never heard of,” says Blockware. Blockware Intelligence predicts that by the end of 2025, at least 36 more public companies will have added Bitcoin to their balance sheets. “This is just the beginning. In the next 6 months, we expect at least three dozen more public companies to add Bitcoin to their treasury,” Blockware said in its Q3 2025 market update report. This would represent around a 25% increase from the current total of 141 public companies holding Bitcoin (BTC), according to the firm’s data. The intelligence unit, which is the research arm of Bitcoin mining company Blockware Solutions, reported that in 2025 alone, the number of publicly traded companies holding Bitcoin on their balance sheets surged 120%. “Bitcoin Treasury Companies are the aforementioned ‘bridge’ connecting equity and debt markets to Bitcoin,” the firm added. Read more
Bitcoin’s surge to all-time highs has barely moved the needle in Google search interest compared to the spike seen after Donald Trump won the US presidential election in November. Bitcoin has reached consecutive record highs this week, yet retail investors seem reluctant to jump back into the market, according to a crypto researcher. However, demand for spot Bitcoin (BTC) exchange-traded funds (ETFs) is surging, with Thursday and Friday recording daily inflows of over $1 billion, the first time this has happened on two consecutive days. Bitwise head of research André Dragosch said in an X post on Friday, “Bitcoin is at new all-time highs but retail is almost nowhere to be found,” pointing to the lack of Google search interest in “Bitcoin” despite the asset setting consecutive all-time highs this week. Read more
Bitcoin critic Peter Schiff calls Bitcoin a selling opportunity as it hits new highs, high-leverage trader James Wynn deactivates his X account, and other news. Attorneys for digital asset manager Grayscale pushed back against the US Securities and Exchange Commission’s (SEC) delay on approving its Digital Large Cap exchange-traded fund (ETF) in a letter sent on Tuesday. The SEC’s Division of Trading and Markets initially approved the ETF proposal, but the SEC’s Office of the Secretary decided to review the action immediately afterward, halting the decision, Grayscale’s attorneys said. This violates the “statutory approval or disapproval deadline” set by the SEC and conflicts with established procedure, according to the attorneys. Read more
Seamus Rocca warned that the next Bitcoin market downturn could be sparked organically and not through a single catastrophic event. The four-year Bitcoin (BTC) market cycle of forming new all-time highs followed by deep corrections is not dead, contrary to popular belief, according to Xapo Bank CEO Seamus Rocca. In an interview with Cointelegraph, the CEO said that the risk of a prolonged bear market is still very real and does not need a “cataclysmic” event to trigger it. Things as simple as a general slowdown in news, developments, or routine portfolio rebalancing could cause the next market-wide downturn. He added: “The contagion effect could be as simple as there's no new news in the market,” causing the crypto sector to “run out of steam,” in an organic, drawn-out process, the CEO added. Read more
Veer Chetal, a 19-year-old hacker, used social engineering to steal $243 million in Bitcoin, then exposed his identity during a livestream and reoffended while out on bail. Social engineering attacks are a potent weapon that scammers use to compromise crypto wallets and steal funds from victims. Court documents reveal that this was the tactic used to target the Gemini creditor in this case. In August 2024, about 4,100 BTC worth $243 million vanished overnight from a single victim’s account. Three gamers, turned self-taught hackers, siphoned off the Bitcoin (BTC) after successfully gaining access using social engineering tactics. But this was just the start of a bizarre case, especially for the youngest thief, 19-year-old Veer Chetal. Read more