Vienna, Austria, July 15th, 2025, Chainwire Bybit EU officially launched its European headquarters in Vienna last week with a landmark event at METAstadt, uniting over 250 guests from fintech, policy, academia, and blockchain sectors. The evening celebrated Austria’s emergence as a crypto innovation hub under MiCAR and marked the beginning of Bybit’s long-term commitment to Europe. Mazurka Zeng, CEO of Bybit EU, took the stage to present her newly formed team in Vienna alongside Bybit’s Board of Directors, highlighting the strength of local leadership and the company’s vision for Europe: “We chose Vienna because it offers clarity, stability, and a thriving ecosystem. This event is about building real, lasting connections with Europe’s crypto community.” The event featured keynote speeches by Ben Zhou, CEO and Co-founder of Bybit, who emphasized: “Bybit EU is about setting a new standard — not just in Austria, but across Europe. We’re here to build, together.” Austria’s State Secretary for Finance, Barbara Eibinger-Miedl, welcomed the expansion, noting: "The decision by Bybit to establish itself in Austria once again demonstrates that our country offers excellent conditions for international FinTechs – from clear regulatory frameworks and modern digital infrastructure to an innovation-friendly environment. Austria positioned itself early on as a pioneer in implementing the MiCAR regulation and is now one of the most attractive FinTech locations in Europe. As the State Secretary for Finance, it is my goal to further strengthen this competitive advantage." Beyond the stage, guests enjoyed a vibrant program including a red carpet experience to capture hot moments of the evening, engagement activities designed to spark connection and creativity. Notable attendees included Georg Brameshuber (Validvent), Walter Mösenbacher (DAAA), Alfred Taudes (WU Wien), Ed Prinz (DLT), Bjorn Declerck (Tomorrowland), Christian Rau (Mastercard), Attila Dogudan (DO&CO), and Martin Hanzl (EY). The Vienna launch was not just a celebration — it was a signal. Bybit EU is here to stay, grow, and co-create the future of crypto across the continent. Image Text: Ben Zhou, CEO and Co-founder of Bybit, on stage at the official European launch event in Vienna Image Credit: Lisa Leutner More impressions of the event can be accessed via this link . About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA”*” except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and other products, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice. Media Contact: press@bybit.com More information: www.bybit.eu ContactTonyBybittony.au@bybit.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Bitcoin has been exploring new all-time highs (ATHs) recently, but Strategy still seems to be in accumulation mode as it has announced another large purchase. Strategy Has Bought 4,225 Bitcoin In Latest Acquisition As announced by Strategy Chairman Michael Saylor in an X post, the company has made a fresh Bitcoin acquisition, continuing its chain of 2025 buys. With the latest purchase, the firm has added 4,225 BTC to its holdings. According to the US Securities and Exchange Commission (SEC) filing, the buy occurred between July 7th and July 13th, and involved an average BTC cost basis of $111,827. This means the 4,225 tokens were acquired for about $472.5 million. Related Reading: Bitcoin Hits $123,000—But Inflows Are Just A Fraction Of 2024’s Peak In the same period as the acquisition, BTC witnessed a breakout to new ATHs. If the purchase is to go by, it seems Strategy is still interested in buying even at these high prices. “Short Bitcoin if you hate money,” said Saylor in an earlier X post. After the latest buy, the total holding of the firm has hit 601,550 BTC. The company spent around $42.87 billion to assemble this stack and today, its value stands at $72.25 billion, implying a significant profit of 68.5%. Earlier in the day, another Bitcoin treasury company added to its holdings: Metaplanet. According to the X post by CEO Simon Gerovich, the company has added 797 BTC to its reserve, taking the total to 16,352 BTC. Unlike Strategy, though, the firm’s average coin cost basis is on the higher side, standing at $100,191 right now. In some other news, while the big players in the market have been buying BTC for a while now, data from the on-chain analytics firm Glassnode suggests retail investors have finally joined in. In the chart, the data of the Accumulation Trend Score is shown for the different segments of the Bitcoin userbase. The “Accumulation Trend Score” is an indicator that tells us about whether the BTC investors are accumulating or distributing. From the graph, it’s visible that the score has recently been pretty close to 1 for the 1,000 to 10,000 BTC cohort. This means that these large hands, popularly known as the whales, have been showing a near-perfect accumulation trend. The latest rally in the cryptocurrency may be a product of this conviction. While the whales have been buying, the rest of the Bitcoin market has been showing behavior that tends more toward distribution. The mega whales, carrying more than 10,000 BTC, have remained in selling mode with an Accumulation Trend Score around 0.3. Related Reading: Bitcoin Breaks $118,000—But Liquidity Still Thin, Glassnode Warns Until recently, the hands with less than 1 BTC, the retail, were in a phase of distribution, but it seems the latest rally has caused them to change their tune, as they have started buying. BTC Price Bitcoin went up to $123,000 earlier, but it seems the asset has since seen a setback as its price is down to $119,900. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
BitcoinWorld Cognition AI Dominates with Strategic Windsurf Acquisition Amidst Fierce Bidding War The world of artificial intelligence is moving at a breakneck pace, and nowhere is this more evident than in the specialized niche of AI coding . For those tracking the convergence of cutting-edge technology and market dynamics, the latest news sends ripples across the tech landscape: Cognition, the innovative force behind the viral Devin AI agent , has officially acquired Windsurf. This pivotal development not only solidifies Cognition’s position but also highlights the intense, high-stakes competition defining the current AI startup acquisition arena. Cognition AI’s Strategic Play: Securing a Key Asset In a move that underscores its ambition, Cognition AI announced its definitive agreement to acquire Windsurf. This acquisition comes shortly after a whirlwind of activity surrounding Windsurf, showcasing the immense value placed on advanced AI coding capabilities. Cognition, already making waves with Devin, its autonomous AI coding agent, aims to bolster its offerings and accelerate its product roadmap through this strategic integration. The acquisition brings Windsurf’s intellectual property and product suite under Cognition’s umbrella. This includes Windsurf’s AI-powered integrated development environment (IDE), a tool highly regarded in the developer community. The goal is clear: to enhance Devin’s capabilities and eventually integrate Windsurf’s advanced features directly into Cognition’s core products, creating a more robust and comprehensive AI coding solution. The Fierce Battle for Windsurf: A Look at the Windsurf Acquisition The path to the Windsurf acquisition was anything but straightforward. Days before Cognition’s announcement, Windsurf found itself at the center of an unprecedented bidding frenzy. Google made headlines with a staggering $2.4 billion ‘reverse-acquihire,’ securing Windsurf’s CEO Varun Mohan, co-founder Douglas Chen, and several research leaders. This unusual deal left the majority of Windsurf’s 250-person team and its core assets available, creating a unique opportunity for other contenders. Prior to Google’s intervention, OpenAI had reportedly offered $3 billion to acquire Windsurf, an offer that ultimately expired. This sequence of events — a multi-billion dollar offer from OpenAI, followed by Google’s targeted hiring spree, and then Cognition’s successful acquisition of the remaining entity — paints a vivid picture of the extreme competition for top-tier AI talent and technology. As Jeff Wang, Windsurf’s interim CEO, remarked, ‘The last 72 hours have been the wildest rollercoaster ride of my career,’ a sentiment that perfectly captures the current volatility in the AI market. What Does This Mean for the AI Coding Market? The frenetic pace of deals like the Windsurf acquisition signifies a new peak in the race to develop sophisticated AI coding products. Companies are scrambling to gain an edge, recognizing that advanced AI agents capable of writing, debugging, and deploying code autonomously could revolutionize software development. This intense competition is driving valuations sky-high and leading to creative, sometimes unconventional, acquisition strategies. The focus is on building AI that can truly augment or even automate the software development lifecycle. With Windsurf’s reported $82 million in annualized recurring revenue (ARR) and a rapidly growing enterprise customer base of over 350 clients, along with hundreds of thousands of daily active users, its value was undeniable. This acquisition underscores the market’s hunger for proven AI solutions that deliver tangible results and a strong user base. How Will the Devin AI Agent Evolve After This Acquisition? The immediate focus for the integrated Windsurf team will be to contribute to and build out Devin, Cognition’s flagship Devin AI agent . Devin gained significant attention for its ability to perform complex coding tasks autonomously, from writing entire applications to debugging intricate codebases. By bringing Windsurf’s expertise and technology into the fold, Cognition aims to accelerate Devin’s development and expand its capabilities even further. This integration is expected to lead to a more powerful and versatile AI coding assistant, potentially setting new industry standards. Developers can anticipate more intuitive interfaces, enhanced code generation, and improved debugging functionalities as the combined strengths of Cognition and Windsurf are leveraged. The long-term vision is to fully integrate Windsurf’s IP and capabilities, creating a seamless and superior developer experience. Prioritizing Talent: A New Standard in AI Startup Acquisition? In a notable contrast to Google’s deal, Cognition emphasized its commitment to the Windsurf team. While The Information reported that many Windsurf employees who joined recently did not receive a payout from Google’s reverse-acquihire, Cognition explicitly stated that 100% of the remaining Windsurf employees will participate financially in this deal. Furthermore, Cognition has waived vesting cliffs for their work to date, a move likely to boost morale and ensure retention. This approach to AI startup acquisition sets an important precedent, highlighting the value placed on human capital in this highly competitive industry. In a market where talent is often the most critical asset, ensuring fair compensation and stability for acquired teams can be a significant differentiator. It reflects a growing understanding that successful integration relies not just on technology, but on the people who build and refine it. The acquisition of Windsurf by Cognition marks a significant moment in the rapidly evolving AI coding landscape. It’s a testament to the immense value and strategic importance of AI-powered development tools. As companies like Cognition continue to innovate and consolidate, the future of software creation is poised for unprecedented transformation. This story is still developing, and the implications for developers and the broader tech ecosystem will undoubtedly unfold in exciting ways. To learn more about the latest AI coding market trends, explore our article on key developments shaping AI models features, institutional adoption. This post Cognition AI Dominates with Strategic Windsurf Acquisition Amidst Fierce Bidding War first appeared on BitcoinWorld and is written by Editorial Team
Whales vanish off-exchange, traders chase XRP on Coinbase. What's this split signal saying?
Standard Chartered expands its crypto services by introducing Bitcoin and Ether spot trading for institutional clients, marking a significant step in mainstream crypto adoption. The bank plans to enhance its
After rolling out Bitcoin and Ether spot trading, Standard Chartered plans to soon introduce crypto derivatives for institutional investors.
On July 15, The Sandbox (THE) experienced a significant market rally, surging more than 29% within a 24-hour period. This notable price movement positioned THE as the top gainer on
The post Why Is Bitcoin Price Down Today? Whale Dump and Liquidations Rock Crypto Market appeared first on Coinpedia Fintech News Bitcoin price today is facing fresh turbulence during a dramatic “crypto week, ” as a Satoshi-era whale triggered a major sell-off, sending prices tumbling below $117K. The sudden move spooked the market, erased over $400 million in long positions, and dragged the entire crypto sector down sharply. Bitcoin Crashes to $116K Amid Whale Activity Bitcoin price surged toward $123,000 earlier today but swiftly reversed course after an ancient whale wallet moved a massive amount of BTC. The flagship cryptocurrency hit an intraday low of $116,218 , marking a sharp downturn of nearly 6% . According to on-chain tracker Lookonchain , a wallet linked to the early days of Bitcoin transferred 9,000 BTC (worth over $1 billion) to Galaxy Digital , followed by another transfer of 7,843 BTC . This sudden movement ignited widespread fears of a broader dump. The Whale That Shook the Market What spooked investors even more was Galaxy’s subsequent activity—over $236 million worth of BTC from the stash was sent to major exchanges like Binance and Bybit , suggesting distribution was already underway. This led many to believe a large-scale sell-off was in progress. Adding to the concern, the wallet reportedly holds over 80,000 BTC , leaving the market vulnerable to further dumps. “The timing couldn’t be worse. Traders were already booking profits, and this whale just blew the lid off,” said one analyst monitoring the whale movement. $400 Million Liquidated as Market Sentiment Turns Bearish The whale’s action caused a cascade of liquidations . According to CoinGlass , more than $400 million in long positions were wiped out within just four hours, triggering a market-wide panic. CryptoQuant also confirmed a spike in profit-taking before the whale’s move, signaling that many traders were already skeptical of Bitcoin sustaining the $120K+ rally. The shift in sentiment was quick and brutal. Many large players flipped their positions from long to short , reflecting a defensive mood in the market. Altcoins Follow Suit — Ethereum, XRP, Solana Drop Bitcoin’s plunge had a ripple effect across the crypto market: Ethereum (ETH) dropped by 1.4% XRP and Solana (SOL) fell nearly 2% each Total crypto market cap declined over 3.2% , the largest one-day drop in more than three weeks. Also Read : US CPI Data Release Could Trigger Massive Crypto Rally—Here’s Why What Analysts Are Saying Crypto experts believe this sell-off could mark a local top , especially as Bitcoin failed to sustain above key resistance levels. The current move is also testing a crucial order block , a zone where buyers previously stepped in to support prices. “This kind of whale activity rarely happens without consequences,” one analyst said. “If distribution continues, we may see a retest of lower levels like $112K or even $108K.” Also Read : Fact Check: Will the SEC Drop the XRP Lawsuit During “Crypto Week”? Macro Factors Adding Fuel to the Fire Adding to the market’s fragility is the broader macro uncertainty: Regulatory tension in Washington over new crypto legislation Uncertainty around the Federal Reserve’s rate-cut trajectory Investors securing profits ahead of potential CPI surprises this week While bulls were hoping for a push toward $150,000 , this whale-triggered correction is a reminder of how fragile market sentiment can be—especially when old wallets start moving. Conclusion: Why Bitcoin Is Down Today To summarize, Bitcoin’s sharp drop today is primarily due to: A Satoshi-era whale moving 17,000 BTC Galaxy Digital distributing coins to exchanges A liquidation cascade wiping out $400M A sudden shift in sentiment and profit-taking by traders For now, all eyes are on whether more of the whale’s stash enters the market—and if other large holders follow suit. The next few days could decide whether this is a healthy pullback or the start of a deeper correction. FAQ Why did Bitcoin crash today? A massive transfer of 17,000 BTC by a Satoshi-era whale to Galaxy Digital triggered panic selling and liquidations. Will Bitcoin crash further? If more of the whale’s BTC is sold or if market sentiment stays weak, a retest of lower support levels is likely. How much Crypto liquidated today? According to CoinGlass, over $400 million in long positions were liquidated in just four hours.
Pump.fun’s recent $4 billion valuation has ignited debate within the crypto community, primarily due to its token’s lack of fundamental utility and governance features. The immediate unlocking of 33% of
As Ruvi AI (RUVI) enters the cryptocurrency market at a modest $0.015 per token, comparisons are being made to the early stages of Avalanche (AVAX), which started at $0.50. Experts believe that Ruvi AI could follow a similar explosive trajectory, bolstered by an innovative approach and strategic alliances. Securing Its Foundation: Ruvi AI's Commitment to Transparency and Security One of the critical steps Ruvi AI has taken is passing a stringent third-party audit by CyberScope. This audit confirmed that its smart contracts are secure, scalable, and ready for growth, strengthening investor confidence by mitigating risks associated with vulnerabilities or contract failures. The passage of such an audit is crucial for new cryptocurrency ventures aiming to establish their credibility. Strategic Partnerships Enhancing Market Confidence Beyond internal security measures, Ruvi AI has strategically partnered with the WEEX Exchange to ensure liquidity post-presale. Such partnerships are vital for maintaining robust market participation and allowing seamless trading of assets. Parallel Paths: Ruvi AI and Avalanche's Early Days Just like Avalanche in its early days, Ruvi AI has marked its presale phase with impressive milestones: $2.3 million raised, demonstrating strong market confidence. Over 185 million tokens sold, showing high demand. A growing base of 2,200 holders, which underscores a significant early adopter interest. These achievements highlight the community and investor enthusiasm that Avalanche also enjoyed during its launch phase, setting a promising precedent for Ruvi AI. Applications Driving Long-Term Value Ruvi AI differentiates itself by focusing on real-world applications in marketing, entertainment, and finance, utilizing AI and blockchain technology for efficient solutions. Enhancing Marketing Effectiveness For instance, Ruvi AI offers AI-driven tools that optimize marketing strategies, leading to reduced costs and enhanced campaign effectiveness. Support for Content Creators Ruvi AI assists content creators with transparent, blockchain-backed payout systems and detailed analytics, facilitating better audience engagement and increased earnings. Innovations in Finance The platform also offers solutions for global finance challenges, such as streamlined cross-border transactions and enhanced security against fraud. Exclusive Investor Incentives Ruvi AI incentivizes early investors through VIP investment tiers that provide significant bonuses and potential for high returns: VIP Tier 2 investors receive a 40% bonus, boosting the total tokens received and significantly increasing potential future value. VIP Tier 3 offers a 60% bonus, further enhancing investment returns. The most committed, VIP Tier 5 investors enjoy a 100% bonus, doubling their token allocation and maximizing future potential returns. Positioned for a Breakout: Why Ruvi AI Stands Out A combination of strategic presale pricing, robust security measures, substantial early adoption, and practical utility positions Ruvi AI as a standout project. These factors, reminiscent of Avalanche's early success, suggest Ruvi AI could be on the verge of its breakout year. For those interested in joining Ruvi AI's journey, the presale offers a unique opportunity to invest at a ground level with substantial growth potential: Discover more about Ruvi AI and its offerings: Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.