Bitcoin has broken below the critical $115K support level, reaching a new local low of approximately $112,700. After spending over two weeks consolidating in a tight range, BTC has now exited this phase with bearish momentum, raising concerns across the market. Traders and analysts are closely watching to see if Bitcoin can find strong demand around current levels to stabilize the price and prevent a deeper correction. Related Reading Key data from CryptoQuant reveals that Short-Term Holders (STHs) are selling their Bitcoin at a loss, a typical pattern observed during…
Day: August 2, 2025
Chinaโs Crypto Liquidation Plans Reveal Its Grand Strategy
Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Associationย Last weekโs announcement of Hong Kongโs LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong promised a comprehensive regulatory framework that will unify licensing and โexpand the suite of tokenised products.โย Yet beneath the hype and visible maneuvers lies a far more consequential move: Beijingโs (the worldโs second largest holder of crypto) announcement of its intention to liquidate confiscated virtual currencies through Hong Kongโs licensed exchanges. These events, while seemingly…
SUI Network Treasury Reserve Unveiled by Mill City: Details
Key Notes Mill City Ventures has kickstarted the first SUI reserve treasury. The move featured an initial $450 million investment, backed by top VCs in crypto. SUI network is gaining traction as a top smart contract and development platform. The SUI Network has taken a big step forward after a major investment deal by Mill City Ventures. The company, which is listed on the Nasdaq under the ticker MCVT, has committed $450 million to hold the tokens as a core part of its balance sheet. This move opens a new…
The Altcoins You Hold Are DEAD Weight! [Switch ASAP]
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io A new type of altcoin rotation is emerging and itโs working even when market narratives stall. In todayโs episode, Ran breaks down how smart investors are rotating out of underperforming tokens and into projects that are actually delivering results and ROI. Learn which altcoins are dead weight, and where the smart money is moving right now. Donโt miss this full rotation breakdown before the next big move! ___________________________________________ ๐๐๐๐ง๐จ๐ฅ๐๐ ๐ข๐ก ๐ฆ๐๐ข๐ช โฌโฌโฌโฌโฌโฌ ๐ ๐๐ฅ๐ข๐ก๐ง ๐ฅ๐จ๐ก๐ก๐๐ฅ๐ฆ โ ๐ฌ๐ผ๐โ๐ฟ๐ฒ ๐ฆ๐น๐ฒ๐ฒ๐ฝ๐ถ๐ป๐ด ๐ผ๐ป ๐ ๐๐ฆ๐ฆ๐๐ฉ๐ ๐๐น๐ฝ๐ต๐ฎ ๐ฎ๐ป๐ฑ…
VISA, Mastercard Snub Stablecoin Threat, But Competition Is Rising
Key Notes Executives at VISA cited minimal crypto usage compared to Visaโs $15 trillion annual transaction volume. But data shows stablecoin transaction volume reached over $6 trillion in Q1 2025, nearly double Visaโs. To stay competitive, Visa has partnered with Paxos to support additional USD-backed stablecoins – USDG and PYUSD. With stablecoins getting all the attention currently with the passing of the GENIUS Act last month, VISA and Mastercard executives have denied any imminent threat from the fiat-pegged cryptocurrencies during their earnings call this week. They stated that use of…
Wall Street Wipeout: $1.1 Trillion Lost as Trump Fires Top Statistician Over Jobs Report
On Aug. 1, U.S. stocks lost $1.1 trillion, with the Dow Jones Industrial Average dropping over 500 points (1.2%), the S&P 500 falling 1.6%, and the Nasdaq Composite declining around 2.2%. Disappointing Jobs Report Rouses Fears U.S. stocks lost $1.1 trillion on Friday, Aug. 1, capping a tumultuous day that saw President Donald Trump reportedly [โฆ] Source CryptoX Portal
Spot Ethereum ETFs Set A New Record In July With $5.4 Billion Monthly Inflow
In a powerful show of investor confidence, spot Ethereum exchange-traded funds (ETFs) broke all records in July with $5.43 billion in net inflows. It marks the highest monthly inflow since their market debut and reflects a sharp 369% rise from Juneโs inflow of $1.16 billion.ย With 20 straight days of net inflows, spot ETH ETFs are now cementing Ethereumโs growing role as a leading digital asset in the eyes of traditional market participants. Spot Ethereum ETFs Hit Milestone With $5.43 Billion Inflow According to data from SoSoValue, the $5.43 billion…
๐ URGENT ALERT ๐ฏ Latest Crypto Market Analysis & BTC News Updates Today ๐
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๐ URGENT ALERT ๐ฏ Latest Crypto Market Analysis & BTC News Updates Today ๐ ๐จ The crypto market is facing another crash, and investors are asking, “Why is the market crashing?” In todayโs update, we dive deep into the Bitcoin crash and explore why the entire crypto market is going down. From Binance updates to market forecasts, we cover everything you need to know to stay informed. __________________________________________ Follow the AL MAKKAH TECH & BUSINESS HUB channel on WhatsApp: __________________________________________ ๐ Key…
Quantum threat to Bitcoin? 80,000 BTC just moved after 14 years
80,000 BTC moved: What does this mean? On July 4, 2025, eight Satoshi-era Bitcoin wallets moved a total of 80,000 BTC. Each wallet contained 10,000 BTC, sparking inevitable turmoil in the cryptocurrency space. The Satoshi era is generally considered to span the years 2009 to 2011. During that time, Bitcoin (BTC) could either be transacted or mined with regular computer processors. Eight dormant Bitcoin wallets each sent a transaction of about 10,000 BTC recently. This has led to speculation that threats from quantum computing caused the transfers. The coins werenโt…
Baby BTC Strategic Capital Signs Term Sheet With NASDAQ-Listed ATA Creativity Global โ Takes Control of the Listed Company, Acquires $BABY Token and Develops BTCfi โ Press release Bitcoin News
Baby BTC Strategic Capital Signs Term Sheet With NASDAQ-Listed ATA Creativity Global โ Takes Control of the Listed Company, Acquires $BABY Token and Develops BTCfi โ Press release Bitcoin News You need to enable JavaScript to run this app. Original