Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price. Key takeaways: Bitcoin’s STH cost basis, MVRV data and other technical indicators suggest that BTC price is on track toward $117,000. Analysts suggest a breakout above $109,000-$110,000 could push BTC to fresh all-time highs. Read more
With the US president’s ties to his family-backed business, World Liberty Financial, and a memecoin launch, Donald Trump has seen his personal wealth increase by millions in 2025. US President Donald Trump, with an estimated net worth of more than $6 billion, has reportedly added at least $620 million to his portfolio in a matter of months, thanks to ventures connected to the cryptocurrency industry. According to a Wednesday Bloomberg report, Trump’s crypto holdings represented “a sizeable portion” of his wealth for the first time, mainly due to windfalls from his family-backed crypto business World Liberty Financial and his personal memecoin, Official Trump (TRUMP). Though the bulk of his net worth comprised stakes in his media venture, Trump Media and Technology Group, and real estate, crypto ventures reportedly accounted for roughly 9% of his wealth as of June. Read more
Bitcoin's bullish outlook strengthens as the US dollar drops 10.8% in its worst H1 performance since 1973. Key takeaways: Bitcoin could target $170K as global M2 money supply hits a record $55.48 trillion. BTC price historically lags M2 breakouts, with past patterns suggesting imminent upside. Read more
Before its collapse, Silicon Valley Bank had deep ties to crypto companies and venture capital funds investing in the industry. A group of billionaires, including Peter Thiel, is reportedly planning to launch a new financial services firm to fill the gap left by the collapse of Silicon Valley Bank in March 2023. The new bank, to be called Erebor, will focus on serving startups and cryptocurrency companies, according to the Financial Times, which cited anonymous sources familiar with the plans. The project has applied for a US bank charter, which allows financial institutions to operate as a bank. Thiel’s venture fund, Founders Fund, is among the bank’s early investors. In addition to Thiel, the group reportedly includes Palmer Luckey, co-founder of defense contractor Anduril, and Joe Lonsdale, founder of 8VC. Read more
ETH price has been stuck in a range despite months of steady spot Ether ETF inflows, but this situation could change quickly. Key point: Ether price has been range-bound under $2,500, but ETF flows could change the trend. Ether (ETH) has been range-bound for several days, but institutional investor demand is picking up. Glassnode data shows 106,000 Ether flowing into spot Ether exchange-traded funds last week, the seventh successive week of positive flows. Read more
With rising rates and over $100 billion in reserves, Tether turned monetary policy into profit, and it’s not alone. In the first half of 2024, Tether quietly posted one of the biggest profit hauls in crypto history, pulling in a staggering $5.2 billion across just two quarters. That’s not a typo: $4.52 billion in Q1, followed by another $1.3 billion in Q2. Read more