Author: Saanjana Nikita

Blockchain tracking data from Arkham indicates that BlackRock acquired approximately $250 million worth of Bitcoin (BTC) over two days. The purchase follows nearly two weeks of net selling activity by the asset-management giant, prompting renewed discussion about whether institutional investors expect the cryptocurrency market to strengthen in the near term. BLACKROCK IS BUYING BITCOIN BlackRock bought $250M Bitcoin in the past 2 days. They started buying Bitcoin after selling every single day for more than 2 weeks. How much will they buy this week? pic.twitter.com/F7Z1UJ7961 — Arkham (@arkham) July 8, 2026 What May Be Driving the Latest Bitcoin Purchase? The…

Financial markets reacted swiftly after U.S. President Donald Trump announced that the memorandum of understanding (MoU) with Iran had effectively come to an end. The statement fueled renewed concerns over instability in the Middle East, pushing oil prices higher while Bitcoin declined. $BTC dropped below $62,000 after Trump said the US-Iran MOU is over. If Bitcoin closes a daily candle below $62,000 here, a sweep of $60,000 could happen soon. pic.twitter.com/d86rO2wZnn — Ted (@TedPillows) July 8, 2026 Trump Signals End of Iran MoU A memorandum of understanding is a non-binding agreement that outlines the intentions of two parties before a…

Strategy’s recent Bitcoin sale may have looked like a warning sign at first, but some analysts believe the move could ultimately improve market confidence rather than hurt it. The Bitcoin-focused treasury firm sold 3,588 BTC last week in a transaction valued at around $216 million. Following the announcement, Bitcoin briefly dropped below $61,500 before quickly rebounding. Despite initial concerns from investors, Grayscale Research head of research Zach Pandl suggested that the sale could help resolve doubts about Strategy’s financial strategy and allow Bitcoin to establish a stronger price floor. A Move That Could Boost Confidence In a recent market commentary,…

Blockchain investigator ZachXBT has distanced himself from a wave of meme coins created without his authorization, stating that none of the tokens using his name or image have his backing. Instead of keeping the unsolicited assets sent to his public donation wallet, he liquidated them and donated the proceeds to humanitarian relief. The onchain investigator contributed 25,000 USDT (approximately $25,000) through The Giving Block to GiveDirectly, supporting people affected by the devastating earthquakes that struck Venezuela on June 24. His response has also renewed attention on the growing problem of impersonation tokens in the crypto market. ZachXBT Says He Never…

According to a recent CNN report, U.S. President Donald Trump generated more than $1 billion in earnings tied to cryptocurrency and other investments during 2025. A significant portion of those gains reportedly came from the launch and performance of his $TRUMP memecoin, alongside broader market growth during an administration that embraced cryptocurrency-friendly policies. The disclosure estimates Trump’s total investment-related gains at somewhere between $600 million and $1.86 billion. Separate data from Bloomberg indicates that roughly 21,000 trades were executed across his investment accounts throughout 2025, averaging about 85 transactions on each trading day. These trades included both cryptocurrency assets and…

Solana (SOL) has posted a notable recovery, continuing its recent upward momentum. The cryptocurrency has gained nearly 5% over the past 24 hours, advanced around 15.8% over the last week, and is up more than 8% during the previous two weeks, according to CoinGecko data. The latest move higher comes shortly after the launch of World, a prediction market built on the Solana blockchain. The new platform is integrated into the Phantom wallet and relies on Chainlink’s oracle network to deliver real-world data for its prediction markets. The launch has generated additional interest within the Solana ecosystem and may have…

Hyperliquid has rapidly established itself as one of the most talked-about exchange ecosystems in the cryptocurrency market, with its native token, HYPE, drawing comparisons to Binance’s BNB. Although Binance continues to lead the industry in trading volume, Hyperliquid has been steadily gaining traction and attracting a growing user base. The question now is whether this emerging platform has what it takes to compete with the market leader. Is Hyperliquid Becoming a Serious Rival to Binance? Hyperliquid has experienced significant momentum throughout the year, fueled by increasing trading activity on its platform. One of its biggest advantages is uninterrupted, around-the-clock market…

Bitcoin (BTC) continues to face market pressure, and some analysts remain cautious about its long-term outlook. Chinese Bitcoin miner Jiang Zhuoer recently suggested that BTC could decline to a range of $42,000 to $44,000 by the end of 2026. According to Zhuoer, one indicator supporting this view is the declining Market-to-Net Asset Value (mNAV) ratio of Strategy, one of the largest corporate holders of bitcoin. He noted that the company’s mNAV has fallen to approximately 0.72, approaching the 0.70 level seen during the 2022 market downturn, when Bitcoin dropped to around $15,000. Could Bitcoin Experience Another Major Correction? Bitcoin entered…

Bitcoin has recently traded near $62,000, reflecting continued weakness in the broader cryptocurrency market. Ongoing macroeconomic uncertainty has weighed on investor sentiment, prompting many market participants to question whether the digital asset could see further downside in the coming weeks. As concerns about further declines grow, options market activity suggests that some traders are increasing their bearish exposure. Data from analytics platform Laevitas, based on information from the Deribit cryptocurrency exchange, indicates rising interest in put options and short-term bearish contracts with expiration dates ranging from late June through the end of July. Notable put-option activity includes: * June 22:…

The long-awaited Doge-1 satellite mission appears to be moving closer to liftoff after years of postponements. The project has attracted significant attention from both cryptocurrency enthusiasts and space industry observers because it is widely recognized as the first commercial lunar payload financed entirely with Dogecoin (DOGE). A Unique Mission Backed by Dogecoin Doge-1 is being developed and managed by Geometric Energy Corporation (GEC) and was originally announced in 2021. The mission plans to send a small satellite into space aboard a SpaceX Falcon 9 rocket. Once deployed, the satellite is expected to gather data related to lunar and space-based operations…