Bitcoin is navigating a critical juncture after reaching a new all-time high of $124,500 last week before quickly retreating. The price is now searching for support, with volatility intensifying and traders debating whether this is the start of a deeper correction or simply a healthy consolidation phase before continuation. Some analysts remain optimistic, seeing this pullback as a natural reset in an overheated market, while others argue that momentum is fading as bearish signals emerge. Related Reading: Ethereum Treasury Boom Drives Demand: Can The Market Handle The Risks? Adding weight to the discussion, CryptoQuant analyst Axel Adler highlighted a key trend in retail participation. The share of retail transfers in the $0–$10K range within Bitcoin’s total USD turnover has been steadily declining throughout this cycle. From a peak of 2.7%, the share has now dropped to just 0.6%. Historically, such declines in retail participation have coincided with the later stages of bull cycles. This dynamic raises questions about whether the current phase marks a cooling of retail enthusiasm at a critical time for Bitcoin, as institutional and long-term holders dominate market structure. Bitcoin Retail Activity Declines as Market Cools According to CryptoQuant analyst Axel Adler, while the share of retail activity in Bitcoin’s network has dropped sharply, in absolute terms it still remains significant. Retail transfers in the $0–$10K range amount to over $400 million per day, but this represents only 0.6% of total USD turnover across the network. This shrinking share highlights a clear trend: while small investors are still active, their relative impact on overall market flows is diminishing. Adler notes that this cooling of retail demand was also observed in autumn 2021, at the peak of the previous cycle. At that time, the retail share fell to a historic low of just 0.19%, coinciding with overheated market conditions and marking the final stages of that bull cycle. The current decline in retail participation mirrors that pattern, suggesting that the market could be approaching a similar late-cycle environment. This dynamic is important because retail investors have traditionally been a strong driver of momentum during bull markets. With their reduced influence, institutional flows, long-term holders, and treasury strategies now play an even greater role in shaping market direction. The coming weeks will be critical as altcoins, led by Ethereum, show renewed strength. ETH is approaching its 2021 all-time high, and many analysts believe that its performance could dictate the broader crypto market’s next move. If retail demand continues to fade while institutional accumulation grows, Bitcoin may consolidate further, while capital rotation toward altcoins gains momentum. Related Reading: Ethereum Demand Holds Despite Pullback: New Whales Enter With $192M Buys Bulls Defend Key Demand Level The 8-hour chart shows Bitcoin (BTC) under pressure as it trades near $113,400, struggling to hold above its 200-day moving average (red line), currently aligned around $113,416. This level has become a critical support zone after BTC failed to sustain momentum above the $123,217 resistance, which has acted as a clear rejection point multiple times this cycle. Shorter-term moving averages highlight the bearish momentum. The 50-day SMA (blue) at $117,017 and the 100-day SMA (green) at $117,087 are both trending above the current price, creating overhead resistance. The breakdown below these averages confirms a weakening trend, with BTC struggling to regain lost ground. Price action also shows a sequence of lower highs and lower lows since the rejection at the $124K zone, reinforcing bearish short-term sentiment. Related Reading: Bitcoin Short-Term Holders Flip To Losses For First Time Since January For bulls, reclaiming the 100-day SMA near $117K would be key to reversing momentum and reattempting a push toward the $120K–$123K range. Failure to hold the 200-day SMA risks accelerating downside, potentially opening the path toward $110K, a major psychological level. Featured image from Dall-E, chart from TradingView
As Trump advances stablecoin legislation, is China now joining a race it once firmly rejected?
The Solana-based memecoin YZY, promoted by Kanye West (Ye), posted one of the most volatile debuts of the year, rocketing to a multi-billion-dollar valuation within minutes before retracing as on-chain sleuths flagged insider activity and a contentious liquidity setup. In an X post on Thursday, West shared the contract address and framed “YZY MONEY” as “A NEW ECONOMY, BUILT ON CHAIN,” helping propel the token to roughly $3 billion in market value within about 40 minutes, before sliding sharply lower later in the session. YZY Faces Insider Trading Claims On Solana Early trading immediately drew scrutiny. Analytics account Lookonchain alleged that “Only YZY was added to the liquidity pool with no USDC. Dev may sell YZY by adding/removing liquidity, similar to LIBRA ,” a single-sided structure that can make exits opaque for retail takers and amplify slippage through add/remove liquidity operations. Several wallets appeared to have anticipated the launch mechanics. Lookonchain identified wallet 6MNWV8 as having known the contract address ahead of time, even attempting to purchase it before the token went live. Once trading opened, that wallet spent 450,611 USDC to acquire 1.29 million YZY at roughly $0.35, later selling 1.04 million YZY for 1.39 million USDC and retaining 249,907 YZY (about $600,000) — a take the analysts calculated as “a profit of over $1.5M.” A second cluster of transactions suggested an orchestrated rush to the front of the queue. According to Lookonchain, an insider spent 450,000 USDC across two wallets to buy 1.89 million YZY at $0.24, then sold 1.59 million YZY for 3.37 million USDC at $2.12, still holding ~303,425 YZY (~$510,000). One of the addresses paid 129 SOL (≈$24,000) in priority fees to win block space at launch. Not every attempt to front-run succeeded. Lookonchain also documented a trader who “bought the wrong YZY and lost $710K,” then spent 761,000 USDC on the official token and recouped over $710,000 minutes later — a whipsaw emblematic of hyper-fragmented symbols during celebrity launches. Speculation spread beyond spot markets. “Trader 0x68c0 just opened a 3x leveraged long on $YZY again,” Lookonchain wrote, noting that his previous two long attempts within the hour had already lost a combined $159.6K. Momentum ultimately broke. “YZY has dropped below $1,” Lookonchain posted, adding that whale 6ZFnRH spent 1.55 million USDC to buy 996,453 YZY at $1.56, only to exit at $1.06 for 1.05 million USDC — a ~$500,000 loss in under two hours. At network level, the launch became a live-fire stress test for Solana. SolanaFloor reported that the chain’s “true TPS (non-vote transactions) hit 2,300 for the first time” during the YZY debut — a new peak for real transaction throughput and a marked improvement from earlier celebrity-token frenzies. Beyond discrete wallet anecdotes, broader supply concentration data fanned the “insider” narrative. Coinbase ’s Conor Grogan pointed to on-chain snapshots suggesting at least 94% of supply sat with insiders at one point, including a single multisig with 87% before distribution — numbers that, if sustained, can magnify price impact during rebalancing or liquidity removal. The project’s documentation promoted anti-sniping steps — notably deploying 25 contract addresses and randomly designating one as official — but those measures did not prevent early-access behavior flagged by analysts. At press time, Solana traded at $185.
In a notable shift in its approach to the cryptocurrency sector, the Department of Justice (DOJ) announced that it will not target software developers who create decentralized platforms for transmitting cryptocurrencies, as long as there is no criminal intent. DOJ Eases Stance On Crypto Regulation Acting Assistant Attorney General Matthew Galeotti conveyed this message during remarks prepared for a digital asset summit in Wyoming, signaling a significant evolution in the government’s stance towards the crypto industry. This comes amid President Donald Trump’s mission to transform the United States into the world’s crypto capital, boosted by the recent passage of three bills aimed at creating a more accommodative regulatory framework for digital assets. Galeotti emphasized that merely writing code without malicious intent should not be considered a criminal act, marking a departure from previous enforcement actions, particularly those that focused on the requirement for digital asset platforms to register as money transmitters. Traditionally, entities like Western Union and popular payment applications such as Venmo must adhere to strict regulations, including customer vetting and the reporting of suspicious activities aimed at preventing money laundering. According to Reuters, these regulatory requirements have often been a point of contention within the crypto community, especially for decentralized exchanges that claim to have limited visibility over the transactions conducted on their platforms. Privacy Vs Prosecution A recent high-profile case involved the co-founder of Tornado Cash. The jury found Roman Storm guilty of conspiracy to operate an unlicensed money transmitting business, while it deadlocked on charges of money laundering and sanctions evasion. Critics of the prosecution argued that the co-founder was merely a code creator and not someone who facilitated illicit activities within his decentralized protocol, which served to enhance privacy on public blockchains. Featured image from DALL-E, chart from TradingView.com
Have $1,000 for crypto? Don't just guess. See these picks for the best cryptocurrencies to buy and get insights on building a diversified crypto portfolio.
BitcoinWorld BTC ETF Holdings See Massive Surge: Jane Street’s $3.4 Billion Investment The cryptocurrency world is buzzing with significant news, signaling a profound shift in institutional investment. Global quantitative trading firm Jane Street, a colossal liquidity provider with an astonishing $505 billion in assets under management (AUM), has dramatically increased its BTC ETF holdings to an astounding $3.4 billion. This remarkable move, initially reported by Bitcoin journalist Pete Rizzo via X, highlights a growing trend of institutional confidence and strategic allocation within the digital asset space. Why Jane Street’s Massive BTC ETF Holdings Matter So Much? Jane Street is not just any financial firm; it stands as a pillar in global markets, renowned for its sophisticated quantitative trading strategies and its role in providing liquidity across various asset classes. Their decision to allocate such a substantial amount to BTC ETF holdings sends a powerful, unambiguous signal across both traditional finance and the burgeoning crypto market. This isn’t merely a speculative investment; it’s a strategic endorsement from a firm known for its deep analytical capabilities and its ability to identify profitable opportunities. Their expertise lies in understanding complex market dynamics and capitalizing on inefficiencies, suggesting a strong, data-driven belief in Bitcoin’s long-term value and its increasing integration into mainstream financial products. Such a significant commitment from a firm of Jane Street’s caliber often encourages other institutional players to re-evaluate their own positions regarding digital assets. It essentially lowers the perceived risk for those still on the fence. What Does This Surge in BTC ETF Holdings Mean for Institutional Adoption? This massive increase in BTC ETF holdings by a firm like Jane Street serves as a potent, real-world example of accelerating institutional adoption. It actively validates Bitcoin as a legitimate, investable asset class, moving it further away from its perception as a niche or excessively volatile investment. The ripple effect of such an investment cannot be overstated. Consider these pivotal implications for the broader market: Enhanced Legitimacy: When major, highly respected players like Jane Street invest billions, it undeniably adds credibility to Bitcoin, encouraging other large institutions and even conservative wealth managers to consider similar allocations. This professional endorsement is crucial. Potential Market Stability: Larger, more mature institutional investments can potentially introduce greater stability to the often-volatile crypto market. This inflow of “smart money” helps to balance out retail-driven fluctuations. Increased Liquidity and Efficiency: Firms like Jane Street are primary liquidity providers. Their increased involvement in the Bitcoin ETF space means more efficient trading, tighter spreads, and a healthier overall market for these products. Broader Investor Access: The success of spot Bitcoin ETFs, significantly driven by such substantial investments, makes Bitcoin more accessible to a wider range of investors through regulated, familiar financial products. This democratizes access beyond direct crypto exchanges. Are More Firms Following Jane Street’s Lead in Boosting BTC ETF Holdings? Jane Street’s groundbreaking move is certainly part of a broader, emerging narrative. Across the financial landscape, many institutions are either beginning to explore or actively increasing their exposure to Bitcoin, primarily through the regulated ETF route. This growing trend reflects evolving regulatory clarity, increasing product availability, and a deeper understanding of Bitcoin’s potential role as a portfolio diversifier or a hedge against traditional economic pressures. The Q1 2024 earnings reports and subsequent filings have revealed numerous traditional finance players, from hedge funds to registered investment advisors, initiating or expanding their BTC ETF holdings . This collective movement indicates a significant shift in investment paradigms. This growing interest from established financial entities underscores a fundamental change. Bitcoin is no longer just for early adopters or tech enthusiasts; it is rapidly becoming a recognized, strategic component of diversified investment strategies for sophisticated investors globally. However, it is also important to remember that all investments carry risks, and the crypto market, while maturing, can still be volatile. What’s Next for Bitcoin and Institutional Investment? The substantial commitment from Jane Street to its BTC ETF holdings suggests a robust and positive outlook for Bitcoin’s future integration into mainstream finance. As more data emerges regarding institutional participation and performance, we anticipate continued growth and innovation within the regulated crypto investment space. For individual investors and market observers, this trend reinforces the critical importance of understanding the evolving landscape of digital assets. While opportunities for growth and diversification abound, it is always prudent to conduct thorough research, assess personal risk tolerance, and stay informed about market dynamics and regulatory changes. In conclusion, Jane Street’s remarkable increase in BTC ETF holdings to $3.4 billion is a powerful testament to Bitcoin’s maturing presence in global finance. It underscores the accelerating pace of institutional integration and sets a compelling precedent for future investment trends, solidifying Bitcoin’s position as a serious asset class for serious players. Frequently Asked Questions (FAQs) Q1: What are BTC ETF holdings? A1: BTC ETF holdings refer to the amount of Bitcoin Exchange-Traded Funds (ETFs) that an individual or, in this case, an institutional firm like Jane Street, owns. These ETFs track the price of Bitcoin, allowing investors to gain exposure to Bitcoin without directly owning the cryptocurrency. Q2: Who is Jane Street, and why is their investment in BTC ETF holdings significant? A2: Jane Street is a global quantitative trading firm and a major liquidity provider with hundreds of billions in assets under management. Their significant investment of $3.4 billion in BTC ETF holdings is highly significant because it signals strong institutional confidence in Bitcoin as a legitimate asset class, potentially influencing other large financial entities to follow suit. Q3: How do institutional investments like Jane Street’s affect the crypto market? A3: Large institutional investments can bring increased legitimacy, greater market stability, enhanced liquidity, and broader investor access to the crypto market. They help mature the market by introducing sophisticated capital and trading practices. Q4: Is investing in BTC ETFs safe? A4: While BTC ETFs offer a regulated way to gain Bitcoin exposure, all investments carry risks, and the crypto market can be volatile. It is crucial to conduct thorough research, understand the risks involved, and consider your personal financial situation before investing. Q5: What is the future outlook for institutional BTC ETF holdings? A5: The trend suggests continued growth in institutional BTC ETF holdings. As regulatory clarity improves and the understanding of Bitcoin’s role in diversified portfolios deepens, more traditional financial firms are likely to increase their exposure to these products. Did you find this insight into Jane Street’s massive BTC ETF holdings helpful? Share this article with your network on social media to spread awareness about the evolving landscape of institutional crypto investments! To learn more about the latest Bitcoin market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post BTC ETF Holdings See Massive Surge: Jane Street’s $3.4 Billion Investment first appeared on BitcoinWorld and is written by Editorial Team
A US federal judge has lifted a freeze on assets linked to the controversial Libra token, which was launched in February and promoted by Argentine President Javier Milei. The decision stated that there was no risk of escape due to the defendants' compliance with the court process. In June, as part of a lawsuit filed by plaintiffs seeking more than $100 million in damages, a total of $57.6 million in USDC was frozen in two wallets controlled by Hayden Davis, CEO of venture capital firm Kelsier Labs LLC, and Ben Chow, founder of decentralized exchange Meteora. Related News: BREAKING: Already Signaled Today - Coinbase Quickly Listed the Expected Altcoin U.S. District Judge Jennifer L. Rochon stated that the defendants had not exhibited “illegal behavior” and were complying with court process, stating: “It is clear that damages can be compensated by monetary compensation. The plaintiffs have not presented sufficient evidence to show irreparable harm.” Following the decision, the hold on $57.6 million worth of USDC was lifted. These assets remain in the two initially frozen wallets: one with a balance of $13.06 million and the other with a balance of $44.59 million. Following the decision, the price of LIBRA rose 73%. However, the token is still down 99.5% from its all-time high of $3.28 on February 15, 2025. *This is not investment advice. Continue Reading: Judge Decides: Developers of This Altcoin Recover Millions of Dollars – Price Jumps
Cryptocurrencies are experiencing significant losses, increasing concerns among investors. Analysts emphasize we are in a crucial period due to Powell's forthcoming statements. Continue Reading: Crypto Markets Face Uncertain Future as Interest Rate Hopes Dim The post Crypto Markets Face Uncertain Future as Interest Rate Hopes Dim appeared first on COINTURK NEWS .
More on Bitcoin USD, Ethereum USD Bitcoin: Don't Ignore These Important Bearish Signals Ethereum: Price Consolidates Within Descending Channel As Bulls Eye Next Move (Technical Analysis) VanEck Mid-August 2025 Bitcoin ChainCheck Crypto extends decline as investors shed riskier assets BitMine Immersion ramps up ether holdings to $6.6B in past week
Bitcoin treasury pioneer Strategy’s new fundraising rules have added to a 25% stock sell off that some fear could cause a "spiral of doom’…