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Highly capitalized investors have been accumulating Bitcoin (BTC) since the year started, driving the asset’s price to an all-time high. These investment activities are observable through Bitcoin wallet addresses holding large amounts of the coin, also known as whales. In particular, a Bitcoin whale has stacked 1,308 BTC, worth nearly $90 million since March 6. The address ‘bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w’ currently holds this amount at a dollar-cost average of $68,617 per coin, according to Lookonchain’s post. Notably, its last purchase was on April 7, for a 113.735 BTC Binance withdrawal, worth over $7.85 million . This was the Bitcoin whale ’s second-largest transaction during this month of accumulation. The largest single purchase was 123.128 BTC, with a value superior to $8 million on April 3. Picks for you Dogecoin price prediction; Can DOGE flip XRP's market cap? 45 mins ago BTC's hidden history: 'Hij...

Since its popularization in 2023, the Ordinals Inscriptions and the BRC-20 token standard divided the Bitcoin (BTC) community. A growing adoption is now redefining the meaning of DeFi on Bitcoin, creating a brand new ecosystem of fungible and non-fungible tokens (NFTs) to speculate on. Notably, Ordi (ORDI) is now the first Bitcoin-based fungible token to enter the top 100 cryptocurrencies by market capitalization. Its rise happened in a controversial environment, with critics pointing to the lack of a real value proposition for the fully speculative digital asset. Moreover, the increased demand for ORDI and other BRC-20 tokens was also blamed as the cause for Bitcoin fees to skyrocket in the last weeks.  This feature gathered the attention of leading services in the cryptocurrency industry, such as the crypto exchange Binance. The largest trading platform listed ORDI early this month as its first Bitcoin-based token available for trade. ORDI price analysis Cryptocurr...

Bitcoin forks, BCH, BSC, XEC rallied over the last 30 days while KAS and FLEX led among altcoin gainers in June, but data questions the sustainability of their rallies. The start of June saw negative price action across the cryptocurrency market after the U.S. Securities and Exchange Commission brought fresh lawsuits against the world’s largest exchanges, Binance and Coinbase. However, the sentiment quickly turned bullish after a crucial exchange-traded fund proposal was filed by the world’s largest asset management firm, BlackRock, on June 16. A wave of ETF fillings and institutional trading interest in digital assets followed BlackRock’s ETF filling. The launch of EDX Markets backed by Wall Street giants Fidelity Investments, Citadel Securities, and Charles Schwab on June 20 fueled a particular sector of the market in Bitcoin forks like Bitcoin Cash (BCH) and Bitcoin SV (BSV) and other proof-of-work (PoW) cryptocurrencies like Kaspa (KAS). The exchange debuted with Bitcoin (BTC), E...