Bitcoin’s new all-time high triggers $3.5 billion profit-taking spree in 24 hours
Bitcoin reached a new all-time high of $123,000, triggering $3.5 billion in profit-taking within 24 hours. Long-term holders accounted for 56% of sales, while short-term holders contributed 44%. The price dropped 4% to $116,000.
US Inflation Data Surged in June, Bitcoin Price Rebounds to $117K
US June CPI data showed a 2.7% YoY inflation increase, slightly above expectations. Bitcoin price dipped briefly but rebounded to $117K amid market reactions to economic indicators.
Bank of America Sees S&P 500 Showing Bullish Signals, But Warns a Modest Pullback Could Be Near – Here’s When – The Daily Hodl
Bank of America predicts a bullish S&P 500 rally but warns of a potential modest pullback later this year, citing technical analysis and historical market patterns.
SharpLink Becomes Largest Corporate ETH Holder
SharpLink Gaming has become the largest corporate Ethereum holder, acquiring 74,656 ETH for $213M, bringing total holdings to 280,706 ETH, with 99.7% staked for yield.
MARA Holdings Invests $20M for Minority Stake in Two Prime, Increases BTC Allocation to 2,000
MARA Holdings invests $20M in Two Prime, increasing its Bitcoin allocation to 2,000 BTC to generate yield amid post-halving profitability challenges.
Stellar Price Peaks at $0.515 – Will February’s High Be the Next Target? or Could a Sudden Pullback Wipe Gains? News ETHNews
Stellar (XLM) surged to $0.515 but faces potential pullback due to bearish divergence. Analysts suggest a retracement to $0.364 could offer a buying opportunity before targeting higher levels.
Dogecoin Price Forecast As Traders Shift to PUMP Token Mania- Is a 130% Rally Still Likely?
Dogecoin (DOGE) faces a 7.49% drop as traders shift to PUMP token. Despite this, a bullish pattern suggests a potential 130% rally to $0.45 if resistance at $0.259 is broken.
Court Decision May Alter Milei’s Liability in Libra Case – Legal Bitcoin News
A court ruling notes Argentine President Javier Milei’s X account verification as head of state, potentially affecting his liability in the Libra cryptocurrency promotion case.
TD Cowen Projects Bitcoin At $155K By Year-End, Raises Strategy’s Price Target
TD Cowen raises MicroStrategy’s stock target to $680 and predicts Bitcoin could hit $155K by December, with potential drops to $55K. MicroStrategy continues aggressive BTC acquisitions, holding 601,550 BTC.
Bitcoin slips below $120k amid US inflation concerns and $461 million liquidation storm
Bitcoin dropped below $120k due to US inflation fears and $461M in liquidations. Long traders lost $383M as prices corrected from all-time highs. Market awaits US CPI data for direction.
