Day: August 3, 2025

Whale Buys 300 Bitcoins Daily Despite Market Crash

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The crypto market is on the back foot after Bitcoin retreats below the $113K threshold, losing over 21% in trading volume over the past 24 hours. The community sentiment is also pushing into the bear zone as the Fear and Greed Index retreats to neutral. Despite the looming trend, one Bitfinex whale decided this is the right time to invest and started gobbling up Bitcoins at a rate of 300 per day. Blockstream CEO, Adam Back, is the one who pointed it out, while also reminding the community that the…

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SharpLink Buys $100M in $ETH as Institutional Interest Grows

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SharpLink bought the dip and added another $100M-worth of $ETH to its Ethereum treasury. Arkham pointed out that the address that moved the $ETH already bought another $800M previously for SharpLink Gaming, with the latest transaction of $108.6M going to Galaxy Digital OTC. Data from Strategic ETH Reserve places SharpLink Gaming second on the list of companies with the largest $ETH reserves, with 438.2K tokens. Bitmine Immersion Tech occupies the first spot with 625K $ETH, while the third place belongs to The Ether Machine with 334.8K coins. According to the…

Slow And Steady: Bitcoinโ€™s Current Rise Feels Differentโ€”Study

Bitcoinโ€™s recent climb has been calm and measured, a sharp contrast to the explosive rallies of the past. Itโ€™s trading above its historical growth path, but far from overheating. Long-time holders remain mostly inactive, while the bulk of trading activity is coming from fresh faces in the market. Bitcoin Growth Remains On Track Based on reports by Arab Chain using CryptoQuant data, Bitcoinโ€™s price is tracking a Power Law trend that suggests a smooth, logarithmic rise over time. That model creates a curved path rather than sudden spikes. Right now,…

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Lugano’s Satoshi Statue Recovered Following Theft and Vandalism

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The iconic โ€œdisappearingโ€ statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen on Saturday, has been recovered, according to Satoshigallery, the art collective responsible for installing the statue.ย  Municipal workers from the city of Lugano, Switzerland, recovered the statue, which was thrown into Lake Lugano after it was removed from its base in Parco Ciani, a lakefront park in the Swiss city, by unknown persons.ย  City of Lugano municipal workers recover the iconic Satoshi Nakamoto statue. Source: Satoshigallery The municipal workers discovered the statue in several pieces, indicating vandalism,…

Bitcoin Analyst Builds BTC’s Bullish Case After Binance Volume Spike, Fed Liquidity Surge

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The price of Bitcoin started the weekendโ€”and the new monthโ€”in the worst possible way after falling below the $115,000 mark on Friday, August 1. This price decline seems to be worsening, as the premier cryptocurrency now sits beneath the $113,000 level following United States President Donald Trumpโ€™s recent nuclear threat. This recent movement has sparked market-wide conversations about the possibility of Bitcoin already reaching the price top in the current cycle. However, the consensus seems to be that the price of BTC still has the potential to embark on at…