Bitcoin (BTC) started the week on a very bullish note, racing past $120,000 early on Monday and reaching an intraday high of $122,190. However, the flagship cryptocurrency stalled at this level and currently trades around $120,500. Experts attribute BTC’s latest rally to several bullish catalysts, including ETF inflows and the expectation of a rate cut by the Federal Reserve. BTC is up nearly 2% over the past 24 hours. GameStop Stops Bitcoin (BTC) Purchases GameStop has stopped its Bitcoin (BTC) buying spree, raising speculations about the company’s commitment to crypto and its Bitcoin strategy. The company has not purchased any BTC since May, and currently has a market cap of over $10 billion, and $8.5 billion in cash reserves. It has also accumulated over $500 million in Bitcoin. Curiously, GameStop CEO Ryan Cohen has unfollowed all Bitcoin-related accounts on X. One analyst stated on X, “JUST IN: Ryan Cohen no longer follows any Bitcoin accounts, and GameStop now sits on over $8.5 billion in cash and $500 million in Bitcoin with a market cap of $10 billion. What the hell is going on over at GameStop?” GameStop launched its Bitcoin strategy with much fanfare in March 2025, with the company’s board unanimously approving the proposal to add Bitcoin as a treasury reserve asset. GameStop’s foray into Bitcoin came after months of speculation, which intensified after Cohen posted a photo with Strategy founder Michael Saylor. It also completed a $1.5 billion convertible notes offering in April to fund future Bitcoin purchases. The company acquired 4,710 BTC worth $513 million on May 28, its first and only Bitcoin purchase. Criminals Post Major Risk To Bitcoiners Alena Vranova, the founder of Satoshi Labs, has warned against the increase in attacks, assaults, and abductions carried out against Bitcoin holders to steal their private keys. Speaking at a conference in Riga, Latvia, Vranova stated, “Every week, there is a Bitcoiner, at least one in the world, who gets kidnapped, tortured, extorted, and sometimes even worse.” Vranova added that violent criminals were even targeting small crypto investors to steal their private keys. “What seems to be a problem only for Bitcoin OGs is not really the case. We have seen cases of kidnappings for as little as $6,000 worth of crypto, and we have seen people murdered for $50,000 in crypto.” Attacks against crypto holders and investors have seen a disturbing increase, with physical attacks on track to double this year. The attacks have prompted investors, developers, and industry executives to take extra security measures like hiring personal bodyguards and round-the-clock security. Criminals have been able to target cryptocurrency holders and their families thanks to data leaks from centralized crypto exchanges, which collect sensitive personal information under Know Your Customer (KYC) requirements. Vranova stated, “We currently have more than 80 million Bitcoiner and crypto user identities leaked online; 2.2 million out of those contain home addresses.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) has started the week in positive territory, crossing $120,000 early on Monday. Price action picked up on Sunday thanks to a convergence of bullish catalysts. As a result, the flagship cryptocurrency rallied, rising nearly 3% to cross $119,000. BTC surged past $120,000 early on Monday, reaching an intraday high of $122,190. However, it stalled after reaching this level and slipped back below $120,000 to its current level of $119,502. Analysts stated that a move past $120,0000 was only a matter of time after a month of consolidating between $116,000 and $120,000. “In our view, it was just a matter of time before it would break up. In this time, we have seen positive ETF flows, more treasury companies buying Bitcoin, and several positive developments coming out of the White House. Bitcoin has been stuck in a low-volatility band between $115,000 and $120,000 despite all the good news.” Market watchers believe a revival in spot Bitcoin ETF inflows and President Trump’s executive order allowing cryptocurrency in 401(k) retirement plans are fueling the latest rally. Opening 401(k) retirement plans to crypto could allow another $9 trillion to flow into BTC and the broader crypto industry. Michael Saylor’s hint that Strategy could make another BTC purchase this week also boosted market sentiment. Bitcoin ETFs continued to see inflows, purchasing $773 million worth of BTC to close the previous week. Despite the flagship cryptocurrency’s impressive rally, on-chain data shows that sentiment isn’t overheated, indicating there is room for further price increases. The Fear & Greed Index is still in the “Greed” zone, at 70 out of 100. BTC registered a sharp decline on Friday (August 1), dropping over 2% and settling at $113,365. Sellers retained control on Saturday as the price fell 0.67% and settled at $112,601. Despite the overwhelming selling pressure, BTC recovered on Sunday, rising 1.52% to cross $114,000 and settle at $114,307. The price continued pushing higher on Monday, registering a 0.69% increase and settling at $115,097. BTC plunged to an intraday low of $112,707 on Tuesday as selling pressure returned. It rebounded from this level to reclaim $114,000 and settled at $114,139, ultimately dropping 0.83%. The price recovered on Wednesday, rising 0.80% to reclaim $115,000 and settle at $115,047. Source: TradingView Bullish sentiment intensified on Thursday as BTC rallied, rising over 2% to cross $117,000 and settle at $117,483. However, the price was back in the red on Friday, dropping nearly 1% to $116,512. Sellers retained control on Saturday as BTC fell 0.48% to $115,957. Bullish sentiment returned on Sunday as BTC rallied, rising nearly 3% to cross $119,000 and settle at $119,046. BTC reached an intraday high of $122,090 during the ongoing session. However, it lost momentum after reaching this level and slipped below $120,000 to its current level of $119,920, rising nearly 1%. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Grok, the AI model developed by Elon Musk’s team, made a public price forecast that placed Bitcoin at $175,000 by year-end 2025.
Ethereum è volato nell’ultimo mese toccando quota 4.330 dollari — il livello più alto dal novembre 2021. Questo traguardo non solo consolida la posizione dominante di ETH nel mercato delle criptovalute, ma segna anche il ritorno del cofondatore Vitalik Buterin allo status di miliardario, con i suoi wallet pubblicamente noti ora valutati oltre il miliardo di dollari. Dall’aprile scorso, Ethereum ha registrato un’incredibile crescita di oltre il 200%, superando la maggior parte delle principali criptovalute e riaccendendo il sentiment rialzista sul mercato. Gli analisti attribuiscono questo rally a solidi fondamentali, tra cui l’aumento dell’adozione nella finanza decentralizzata (DeFi), la rapida crescita delle soluzioni di scalabilità di secondo livello (layer-2) e l’interesse crescente da parte degli investitori istituzionali. Il rialzo arriva in un contesto di offerta in calo, con i saldi sugli exchange scesi ai minimi pluriennali, segnale che gli holder di lungo termine e gli investitori istituzionali stanno accumulando in modo aggressivo. I dati on-chain indicano un’attività di rete sostenuta e casi d’uso in espansione, alimentando ulteriormente le prospettive rialziste. Molti osservatori di mercato ritengono che Ethereum si stia preparando per ulteriori guadagni, con la possibilità di sfidare i suoi massimi storici nei prossimi mesi. Con l’ecosistema in continua espansione e una maggiore chiarezza normativa, ETH sembra destinato a rimanere al centro della prossima grande ondata di crescita del settore crypto. Le partecipazioni di Buterin superano 1 miliardo di dollari mentre il rally di Ethereum prende slancio Secondo la piattaforma di analisi blockchain Arkham Intelligence, Vitalik Buterin detiene circa 240.000 ETH , insieme ad altri asset digitali come MOODENG e DINU. Ai prezzi di mercato attuali, le sue sole partecipazioni in ETH valgono circa 1 miliardo di dollari , consolidando il suo status di una delle figure più ricche nel mondo delle criptovalute — almeno on-chain. L’impennata del prezzo di ETH arriva dopo una serie di movimenti volatili registrati all’inizio dell’anno, che avevano portato alcuni a dubitare della sostenibilità del rally. Tuttavia, il recente breakout oltre i 4.300 dollari suggerisce una forte spinta sottostante. L’adozione istituzionale sta giocando un ruolo cruciale, con società quotate come Sharplink Gaming che hanno aggiunto Ethereum ai propri bilanci come parte della strategia di tesoreria. Si tratta di un cambiamento significativo nelle tendenze di allocazione aziendale delle criptovalute, con ETH sempre più visto non solo come asset speculativo ma come investimento di lungo termine. Con i dati on-chain che indicano un’attività di rete solida, le dinamiche di domanda e offerta appaiono favorevoli a ulteriori rialzi. Mentre istituzioni, aziende quotate e holder di lungo termine continuano ad accumulare, la narrativa rialzista di Ethereum resta intatta — e la quota miliardaria di Buterin ora cavalca l’onda. Analisi del prezzo di Ethereum: breakout verso i massimi pluriennali Ethereum (ETH) è salito a 4.307 dollari, raggiungendo il livello più alto da novembre 2021 e confermando un importante breakout sul grafico settimanale. Il rally, alimentato da un forte slancio rialzista, ha visto ETH guadagnare oltre il 21% nell’ultima settimana, superando con decisione la resistenza a 3.860 dollari che aveva limitato i rialzi all’inizio dell’anno. Il breakout è sostenuto dall’aumento dei volumi, segnale di un solido interesse in acquisto. Attualmente, ETH viene scambiato ben al di sopra delle medie mobili a 50, 100 e 200 settimane, tutte orientate al rialzo — un segnale classico di trend fortemente positivo. Questa configurazione indica che la tendenza di medio-lungo termine resta saldamente rialzista. Se lo slancio dovesse continuare, il prossimo target significativo si colloca nella fascia tra 4.800 e 4.900 dollari, in linea con i precedenti massimi storici. Tuttavia, dopo un movimento così ripido, è possibile una fase di consolidamento a breve termine, con i 3.860 dollari che ora fungono da importante livello di supporto. Un ritracciamento più profondo potrebbe riportare il prezzo verso i 2.852 dollari, ma uno scenario del genere richiederebbe probabilmente una correzione più ampia del mercato.
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For over a decade, Bitcoin’s market rhythm seemed predictable. Every four years, the halving event , a programmed cut to mining rewards, would trigger a chain reaction. Prices would climb to new highs, then collapse into a brutal “crypto winter,” only to begin the cycle again. That pattern has been treated almost like gospel among crypto traders. Now, some of the industry’s most vocal analysts say it may be over. From BTC Halvings to Liquidity Waves: Analysts Say Bitcoin’s 4-Year Cycle Is Losing Its Grip Pierre Rochard, CEO of The Bitcoin Bond Company, believes the traditional cycle is no longer relevant, in a post on X. It seems more likely than not that the 4 year cycles are over. Halvings are immaterial to trading float, 95% of the BTC have been mined, supply comes from buying out OGs, demand is the sum of spot retail, ETPs getting added to wealth platforms, and treasury companies. — Pierre Rochard (@BitcoinPierre) August 11, 2025 His argument touches on something fundamental: with most Bitcoin already mined, the halving’s supply shock is much smaller than it once was. In the early days, slashing miner rewards had a dramatic impact on market flow. Today, the real market drivers may be institutional inflows, regulated investment products, and global macroeconomic conditions. Source: Sovryn The halving has been at the heart of Bitcoin’s historical market structure. Roughly every four years, the rewards miners receive for validating transactions are cut in half. With fewer coins entering circulation, the supply shock has often been followed by aggressive price rallies. But the April 2024 halving did not follow the usual script. Bitcoin had already set a new all-time high above $73,000 in March, weeks before the event, driven largely by the U.S. approval of spot Bitcoin ETFs and the surge of institutional inflows that followed. Jason Dussault, CEO of Intellistake.ai, believes this marks a structural shift. “The halving still plays a role, but it’s no longer the main heartbeat,” he told CryptoNews. He added that “Today, price action is just as tied to global liquidity, ETF flows, and investor sentiment as it is to on-chain supply dynamics. We’re seeing Bitcoin respond to the same forces that move equities, bonds, and commodities.” Others argue the end of the 4-year cycle is simply the end of Bitcoin’s adolescence. “The romantic idea of Bitcoin moving to a four-year halving heartbeat belongs to its adolescence,” said Mete Al, co-founder of ICB Labs while speaking to CryptoNews. “We’re in its adulthood now — where trillion-dollar liquidity waves, Wall Street products, and macro flows have far more say than a simple supply cut,” he noted. Still, not everyone is ready to call the cycle dead. Speaking to CryptoNews, Connor Howe, CEO of Enso, said the halving’s influence has been diluted, not erased. “In Bitcoin’s early years, miner supply shocks were a dominant driver of price. Today, macro conditions, ETF flows, and institutional positioning have far more weight. The halving still matters for miner economics and long-term scarcity narratives, but traders can no longer rely on a rigid 4-year playbook.” Also, Prashant Maurya, co-founder and CEO of Spheron, reiterated the same thing while speaking to CryptoNews, saying, “The halving isn’t irrelevant, but it’s no longer the main driver of Bitcoin’s price. In the early days, cutting new supply had an outsized impact.” Analysts Say Bitcoin’s Market Cycles Driven More by Liquidity Than Halvings The broader crypto market seems to agree something is changing. The total cryptocurrency market cap just hit a record $4.13 trillion, according to CoinGecko , surpassing the $3.9 trillion peak of the last cycle. Trading volumes are also surging, with nearly $145 billion worth of crypto changing hands in 24 hours. Source: Coingecko However, some market watchers are already warning against overconfidence. Toby Cunningham, co-host of Crypto Tips, told his 30k followers , “I’m hearing the 4-year cycle is no longer valid, and we are about to go on a multi-year bull market. This is the type of talk that happens near the top of bull markets. This is one major reason why most won’t make a cent this bull.” I'm hearing the 4 year cycle is no longer valid and we are about to go on a multi year bull market. I don't know who NEEDS to hear this but this is the type of talk that happens near the top of bull markets… This is one major reason why most won't make a cent this bull. — Toby Cunningham (@sircryptotips) August 10, 2025 Others take an even harder stance. A crypto analyst known as SightBringer argued that the 4-year cycle was never a law of nature and that it was a byproduct of Bitcoin’s early structure, when retail capital dominated and halvings shocked supply. The “4-year cycle” was never a law of nature. It was a side effect of Bitcoin’s early architecture, when miners were the dominant economic force, halvings were an existential shock to supply, and retail capital was the primary liquidity driver. That world is gone. We’re now… https://t.co/LOHYUIR1jy — SightBringer (@_The_Prophet__) August 11, 2025 Instead, he points to a new regime shaped by institutional collateralization, global liquidity conditions, and sovereign holdings. “Liquidity dictates the cycle now. Bear markets change shape. Tops get stealthy. The players have changed. The battlefield has changed,” he added. For investors, the shift could mean replacing the familiar patience-for-four-years strategy with a more nimble, macro-driven approach. Prashant Maurya, co-founder and CEO of Spheron, said, “For me, the old halving cycle is being replaced by a multi-factor framework that combines macro, on-chain supply metrics, and capital flows. Long-term, Bitcoin’s scarcity and adoption story stay the same, but timing entries and exits will increasingly be about reading liquidity cycles, not counting down to the next halving.” The familiar script of parabolic rallies followed by brutal “crypto winters” may not return in its old form. Bear markets might still happen, but with sovereign entities, ETFs, and custodians holding a large share of Bitcoin’s float, total collapse into obscurity becomes less likely. Likewise, market tops may no longer be marked by retail euphoria but by quiet distribution when liquidity peaks. As Rochard puts it, “Miners are passengers they no longer drive the bus.” And if that’s true, the map for Bitcoin’s journey will need a serious redraw. The post Bitcoin’s 4-Year Cycle Is Dead, Says Pierre Rochard — Here’s What Drives BTC Price Now appeared first on Cryptonews .
ALT5 Sigma is raising $1.5 billion through a 200 million-share sale to fund its World Liberty Financial tokens, backed by the Trump family. ALT5 Sigma’s share sale includes a direct
Financial and law enforcement authorities in Kazakhstan have unraveled a scheme to mine cryptocurrencies using illegally sourced electrical power. Losses caused by the perpetrators amount to more than $16 million, officials said, noting the energy sold to mining farms in the eastern part of the country could have satisfied the needs of a small city. Crypto miners in Kazakhstan burn 50 MWh of household electricity The regional departments of Kazakhstan’s Financial Monitoring Agency (AFM) and National Security Committee (KNB) in the East Kazakhstan Oblast have put an end to a large-scale sale of electricity to mining firms in the area, local media reported. The two government agencies established that, over the past two years, employees of local utilities illegally sold mining companies’ electrical energy originally intended for the population, social facilities, and enterprises of strategic importance. The miners used more than 50 megawatt-hours (MWh) to mint digital coins during the period, comparable to the energy consumption of a city with around 50 – 70,000 residents, the financial watchdog noted in a press release and a Telegram post on Monday. In accordance with Kazakhstan’s current law, mining farms are only allowed to buy electricity directly from a state-run platform operated by the Ministry of Energy, and in amounts of 1 MWh or less, the AFM highlighted. Within the ongoing investigation, the regulatory body estimated that the power illegally supplied to the crypto mining farms costs over 9 billion Kazakhstani tenge (approx. $16.5 million). It also revealed: “The organizers used the criminal proceeds to purchase two apartments in the capital and four vehicles, which were seized with a court order for potential confiscation.” Kazakhstan is yet to solve its crypto mining problems Kazakhstan became a magnet for cryptocurrency miners following China’s decision to enforce a ban on Bitcoin mining a few years ago. Initially welcomed by the Central Asian nation, mining companies were eventually blamed for the country’s growing power deficits and grid breakdowns. The government has since taken steps to regulate the sector, including its power consumption and taxation. In May, Deputy Minister for Digital Development Kanysh Tuleushin announced the state had collected nearly $35 million in mining tax in just three years. Authorities in Astana have also tried to make sure miners sell their minted crypto on domestic platforms. Earlier this year, financial regulators proposed legislative amendments to legalize cryptocurrency trading by adopting a licensing regime for local exchanges. In June, the National Bank of Kazakhstan supported the initiative of a group of lawmakers to create a state-controlled reserve for digital assets. The monetary authority also greenlighted a project to issue payment cards linked to crypto wallets. Officials in Astana also said they want to test payments with digital currencies in a special “pilot zone” called “CryptoCity.” The plan was unveiled by Kazakhstan’s President Kassym-Jomart Tokayev during an international forum in the capital city this past spring. Kazakhstan is not the only country in the post-Soviet space facing challenges when it comes to dealing with the energy needs of crypto mining. Russia, which legalized the industry in 2024, has been forced to temporarily restrict or permanently ban the activity in over a dozen regions, citing increasing energy shortages as the main reason. In July, the Ministry of Energy in Moscow was tasked to finalize regulations for entities engaged with mining. The draft rules include harsher punishments for illegal connection to power distribution networks and electricity theft, as well as for violations of mining restrictions. Under the updated regulatory framework, crypto mining facilities will be added to a new category of electricity consumers of lesser importance, which will allow Russian authorities to remotely disconnect Bitcoin farms from the grid during peak hours. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Dogecoin (DOGE) is on the verge of a golden cross, indicating a potential bullish trend. This occurs when the 50-day moving average crosses above the 200-day moving average, signaling possible
ALT5 Sigma is raising $1.5 billion through a 200 million-share sale to fund a corporate treasury centered on Trump-backed World Liberty Financial tokens.
Ethereum’s Fusaka upgrade arrives in November 2025, quietly boosting scalability and network resilience without changing smart contracts