Bitcoin braces for Waller warning as US inflation test looms
Bitcoin has entered a high-risk week as fresh inflation data and renewed Federal Reserve rate concerns have intensified pressure on crypto markets. Summary Bitcoin faces renewed pressure ahead of the U.S. CPI and PPI inflation reports. Fed Governor Christopher Waller’s hawkish comments have lifted September rate hike expectations. Investors are also tracking CLARITY Act developments…
Trump revives Hormuz blockade as Bitcoin slips towards $62K
Bitcoin has slipped over 2% toward $62,000 after President Donald Trump reinstated an Iranian blockade in the Strait of Hormuz and announced new cargo fees for ships crossing the waterway. Summary Bitcoin fell below $63,000 after Trump announced the return of the Iranian blockade in the Strait of Hormuz. Trump said the U.S. will charge…
Dormant Bitcoin whale moves $188M after seven years of silence
A Bitcoin wallet dormant since the cryptocurrency traded near $6,500 has transferred 2,931 BTC worth about $188 million, reviving onchain activity after seven years. Summary A Bitcoin wallet inactive for seven years has moved 2,931 BTC worth about $188 million. Onchain data showed the wallet last became active when Bitcoin traded near $6,500, leaving the…
Tom Lee unveils Robinhood Chain as Bitmine buys 27,801 Ethereum
Bitmine has expanded its Ethereum treasury by another 27,801 ETH, lifting its holdings above 5.77 million ETH, while Chairman Tom Lee has identified the Robinhood Chain as a fresh driver of Ethereum adoption. Summary Bitmine bought another 27,801 ETH, increasing its holdings to 5.77 million Ethereum. Tom Lee called Robinhood Chain a new catalyst driving…
Events that could move Bitcoin and crypto markets this week
Bitcoin traded near $62,800 on Monday as investors prepared for a packed week of economic releases and geopolitical news. Summary Bitcoin faces inflation data, Iran tensions, retail reports and major bank earnings in coming days. Oil prices and rate expectations could decide whether Bitcoin holds $60,000 or retests resistance again. ETF inflows offer support, but…
What OKX users need to know about the Solana USDC suspension
OKX will temporarily suspend USDC deposits and withdrawals on the Solana network on July 14 while it completes scheduled wallet maintenance. Summary OKX will pause Solana USDC deposits and withdrawals while keeping related trading services fully operational. The suspension begins July 14 at 14:30 UTC+8 and resumes after maintenance without separate announcement. Solana remains a…
Bitcoin nears Fidelity power law support
Bitcoin is trading around 62,700 dollars, and Jurrien Timmer, Fidelity’s director of global macro, is watching it drift toward a line he has tracked for more than a decade. Summary Bitcoin is trading near Fidelity’s power law support zone, with the model’s lower boundary around 58,000 dollars. Jurrien Timmer views the area as an accumulation…
Solana price forms a falling wedge, can it break past $80 psychological resistance?
Solana price has remained below the $80 psychological barrier after renewed macro pressure and weakening risk appetite pushed buyers into a wait-and-see mode despite an emerging bullish chart pattern. Summary Solana price remains below $80 as a falling wedge keeps the possibility of a bullish breakout intact. Liquidation clusters near $80-$81 could accelerate gains if…
Is Saylor’s leveraged Bitcoin play hurting the market?
Ross Gerber has renewed his criticism of Strategy founder Michael Saylor, saying the company’s financing model is hurting Bitcoin. Summary Gerber says Strategy’s leveraged Bitcoin model creates selling pressure instead of lasting value for investors. Strategy sold Bitcoin to fund dividends, weakening Saylor’s long-standing image as a permanent corporate holder. Supporters argue limited sales show…
Evernorth expands into Japan as $1B XRP treasury plan moves forward
Evernorth has launched a Japanese-language presence as the digital asset treasury company expands its work around XRP. Summary Evernorth launched Japanese-language channels while its Nasdaq merger remains subject to regulatory and shareholder approval. SBI’s $200 million commitment gives Evernorth a direct link to Japan’s established XRP financial network. The Japan account promises market analysis without…
