Two long-dormant Bitcoin wallets, each holding approximately $1 billion worth of BTC, have suddenly become active after 14 years of silence. According to Lookonchain, a wallet containing 10,000 BTCvalued at around $1.09 billionwas moved earlier this Friday. Shortly afterward, a second wallet belonging to the same early Bitcoin holder was also emptied. Both addresses originally received their coins in April 2011, when Bitcoin was trading at just $0.78. This massive movement of Satoshi-era coins has sparked widespread speculation. While the identity behind the transfers remains unknown,...

Ethereum (ETH) has just recorded its most significant breakout in months, surging past the critical $2,600 resistance level for the first time since May. This move marks a clear shift in market sentiment after weeks of sideways consolidation and low trading conviction. The breakout is not just a technical reactionit signals growing bullish momentum. For much of June, ETH was stuck between its 50-day and 100-day Exponential Moving Averages (EMAs), struggling to gain traction. However, with the latest rally, Ethereum has now closed a daily candle above all major moving averages, including the...

Dogecoin (DOGE) has finally shown signs of a potential recovery after weeks of lackluster trading. The meme coin has broken above its 26-day Exponential Moving Average (EMA) on the daily chart, a significant technical breakthrough that may ignite further bullish momentum. Throughout June, DOGE was locked in a slow downtrend, struggling to regain key moving averages, especially the 26 EMA, which acted as firm resistance. Todays breakout came with a solid 2.3% price increase and a noticeable rise in volume, suggesting fresh buyer participation. Historically, Dogecoin rallies often begin with a...

XRP has officially broken above the crucial 50-day Exponential Moving Average (EMA), signaling a potential shift from months of sideways movement to a bullish trend. The 50 EMA had long acted as a resistance barrier, consistently rejecting price rallies and limiting upside momentum. Todays decisive breakout above this level coupled with increased trading volume marks a notable turning point for XRP, potentially kicking off a sustained recovery. This move is not just technical; the 50 EMA has historically served as a dividing line between bearish and bullish market sentiment. Closing above...

Bitcoin edged lower on Friday, slipping 0.2% to $109,112 after briefly topping $110,500 overnight. The retreat followed renewed market anxiety over U.S. President Donald Trumps aggressive trade tariffs and fading hopes for near-term Federal Reserve rate cuts. The leading cryptocurrency remains up 1.6% for the week, logging its second consecutive weekly gain. Earlier optimism surrounding U.S.-China trade progress had briefly lifted Bitcoin out of its month-long $103,000 to $108,000 trading range. However, momentum faded after Trump confirmed that 10 to 12 countries would begin receiving formal...

Cardano founder Charles Hoskinson has firmly denied claims that he could be forced by governments to censor or control the blockchain. In response to a viral social media post alleging that ADAs design allows centralized interference, Hoskinson fired back with sarcasm and a meme from the film Vacation, mocking the idea that Cardano could be manually manipulated. The controversy stemmed from a thread suggesting that unlike Bitcoin, altcoins like Cardano could be shut down or influenced via their creators. Hoskinson dismissed the argument as classic FUD (fear, uncertainty, and doubt),...

A massive 25.5 million XRP transfer worth over $57 million has raised eyebrows in the crypto community, initially sparking fears of a whale-led sell-off. On-chain tracking platform Whale Alert flagged the July 3 transaction, noting the XRP tokens were moved to U.S. exchange Coinbase. In typical cases, such large transfers to centralized exchanges are viewed as potential precursors to a market dump, especially during heightened volatility. However, further analysis suggests the transfer may not be bearish after all. According to insights from XRPwallets, the move appears to be part of...

Bitcoin, the worlds largest cryptocurrency by market cap, is experiencing a sharp decline in volatility, suggesting a major shift in its market behavior. Once known for wild price swings and speculative trading, Bitcoin is now showing stability that rivals traditional financial assets like the SP 500. According to Bitwises head of research Andre Dragosch, Bitcoin is transitioning from a high-risk asset to a potential safe haven. Over recent months, its volatility ratio compared to the SP 500 has dropped significantly, making it behave more like a conventional investment vehicle. Bitcoins...

MicroStrategy co-founder Michael Saylor believes the iShares Bitcoin Trust ETF (IBIT) is on track to become BlackRocks most profitable ETF. The prediction follows Bloomberg senior ETF analyst Eric Balchunas report that IBIT is already the third-highest revenue-generating ETF in BlackRocks lineup, pulling in $191 millionoutpacing over 1,195 other funds from the asset management giant. Launched in 2024, IBIT has rapidly gained traction among institutional and retail investors, with total net assets now standing at an impressive $76.31 billion, according to SoSoValue. This dwarfs Fidelitys...

Spot Bitcoin ETFs have returned to positive inflow territory, recording a substantial $407.78 million in net inflows on July 2. Leading this momentum was the Fidelity Wise Origin Bitcoin Fund (FBTC), which brought in over $183 million in a single day, according to Arkham data. This marks the largest daily inflow for Fidelitys fund in recent months and signals renewed institutional interest in Bitcoin. The rebound comes just days after a sharp $342 million outflow on June 30 disrupted the ETFs steady growth streak. Notably, BlackRocks iShares Bitcoin Trust (IBIT) typically a frontrunner ...