Key points: Bitcoin risks falling into the $105,000 to $100,000 range over the weekend. Ether has pulled back in the near term, but remains above the crucial $4,094 support. Bitcoin (BTC) dropped near $108,100 on Friday, its lowest level since July 8. That suggests the bulls are losing their grip. Veteran trader Peter Brandt said…
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Agentic AI project Eliza Labs has filed a lawsuit against Elon Musk’s xAI, claiming that the AI company engaged in monopolistic practices meant to “deplatform” agentic AI launchpads. The lawsuit claims that xAI attempted to “extract” valuable information, including technical documentation and usage figures related to the development of Eliza Labs’ platform, to copy its…
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Bitcoin whales, or large tokenholders, are selling more of the world’s first cryptocurrency to gain exposure to Ether’s price. The move signals the market’s “natural rotation” into Ether (ETH) and other altcoins with more upside potential, Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen, told Cointelegraph. The growing investor capital rotation occurred despite increasing…
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Key points: Bitcoin sees a fresh round of selling at the Wall Street open, taking the price toward $108,000. Multiweek lows come thanks to whales offloading large tranches of BTC. US inflation data fails to offer any respite to bulls despite high odds of an interest-rate cut. Bitcoin (BTC) hit new multiweek lows after Friday’s…
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The number of Bitcoin (BTC) treasury firms keeps on climbing, but announcing a BTC strategy is no longer a guaranteed way to pump a company’s share price. The model was pioneered by Strategy (formerly MicroStrategy), now the world’s largest publicly traded corporate holder with 632,457 BTC at the time of writing. Since its first purchase…
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The cryptocurrency market may be in the “waiting room” ahead of the next phase of the price discovery stage, in a development that may see institutional capital extend the historical four-year cycle, according to industry watchers. As the crypto market is awaiting its next catalyst, the “slow business cycle’s” liquidity dynamics may extend the traditional…
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Dutch cryptocurrency service provider Amdax raised 20 million euros ($23.3 million) to launch a Bitcoin treasury company on Amsterdam’s Euronext stock exchange. According to a Friday announcement, multiple investors have committed about $23.3 million in an initial financing round for Amdax’s Bitcoin (BTC) treasury. This follows an announcement earlier this month that it would launch…
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Key points: Bitcoin whales take the blame as “spoofy” transactions send BTC price action below $110,000. The Bitcoin “whale playbook” means that price is repeating behavior from earlier in August. US PCE inflation data is under the microscope as the next potential market mover. Bitcoin (BTC) fell nearly 3% Friday as attention again focused on…
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Digital asset investment company CoinShares reported that its assets under management (AUM) increased 26% in the second quarter of 2025, closing the period at $3.46 billion. CoinShares said the AUM increase happened amid a $126 million outflow in its XBT Provider products. Despite this, the company said rising crypto prices contributed to its growth during…
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Key takeaways: Bitcoin needs a weekly close above $114,000 to avoid a deeper correction and reaffirm bullish strength. Failure to hold $112,000 and a bear flag breakdown could trigger drop to $103,700. Bitcoin (BTC) should avoid an “ugly” correction to lower levels if BTC/USD ends the week above $114,000, according to traders and analysts. Why…
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