Crypto News

It is as if the PENGU chart is simply following the age-old rhythm of “expand, retreat, expand”-a sequence as predictable as the tides. Each new sharp expansion is met by a pullback so gentle, you could almost mistake it for a nap. The recent retrace has barely scratched the surface, maintaining the holy grail of higher-lows. Now, if you watch closely, you’ll see the candles closing in on tighter ranges. A bit like an animal preparing to pounce. Ah, the suspense! The markets are poised, waiting for the inevitable breakout. Will it be $0.056 or perhaps a glorious $0.080 in the weeks to come?

CryptoQuant has crunched the numbers, and apparently, these mid-sized wallets are holding more BTC than ever before-an all-time high of 3.65 million BTC. A tip of the hat to XWIN Research Japan, who observed that this little buying spree occurred while the price was a cool $112,000. Yep, you heard that right-just a casual $112,000. And still, the sharks are gobbling up every bit they can. Clearly, short-term volatility doesn’t scare them, and they’re not bothered by the fact that the little fish are flipping out over every price dip. 🏝️

After a dramatic dip to about $107,000-an amount one might only flaunt at somewhat exclusive cocktail parties-Bitcoin has made a dashing recovery. It now flirts just above $114,000, trading in the vicinity of $115,000, as though daring fate to intervene.

Announced on Tuesday via the Project’s official X channel (and not your average Tuesday), the Filecoin Ethereum Virtual Machine (FEVM) now comes with support for point addition, scalar multiplication, and pairing operations on the BLS12-381 curve. Now, before you run away screaming from all the jargon, just know that these upgrades bring ‘strong cryptographic guarantees’ and efficient aggregation to the table. Translation: It’s faster, smarter, and more secure than your average security system, but with less drama. (And by drama, I mean zero-knowledge proofs and multi-party computation – super important, but far less exciting than it sounds.)

So, here’s the tea: Inflation was a tiny bit spicier than expected (thanks, Bureau of Labor Statistics, for the heart palpitations), but the real drama? Jobless claims surged like a bad Tinder date gone wrong. Economists are now convinced the Fed will cut rates next week, and suddenly, stocks were like, “Let’s break records!” All three major indices closed at all-time highs, and Bitcoin was like, “Hold my crypto,” and joined the rally. 🌟💸

While most of the big-league altcoins remain in a perpetual snooze mode, like those poor souls stuck in traffic on their way to the office, many of the mid-sized and smaller tokens are off to the races, experiencing a rally that would make a racehorse jealous.

The autumn of 2024, that fateful season when spot Bitcoin ETFs were first introduced, was meant to be a new dawn-a regulated, user-friendly gateway for institutional capital to swagger into crypto like they owned the place. And for a moment, they did. With the SEC giving the green light, Bitcoin’s (BTC) price soared like a hawk on a thermal updraft, touching new heights in late 2024, and again in mid-2025. Yes, that sweet TradFi cash was behind the rocket fuel, lifting everything it touched. 🚀💸

So what’s going on, you ask? In a plot twist that nobody expected, Bitcoin miners have decided to stop offloading their precious metals… erm, digital coins. Instead of flooding the market with their loot, they’ve decided to sit tight, removing a big chunk of the selling pressure. Looks like they’re betting on something juicy happening soon! 🍿

The Depository Trust and Clearing Corporation (DTCC), that stalwart guardian of financial order, has recently popped a few digital asset ETFs onto its eligibility list. 🧾 Among the lucky chaps are Fidelity’s FSOL, Canary’s XRPC, and Canary’s HBR, tracking the antics of XRP, SOL, and HBAR, respectively. Quite the trio, what?

After a valiant but ultimately futile attempt to outwit the PPI and CPI, Bitcoin faced a double whammy: inflation’s sly wink and unemployment claims’ cheerful leap from 235K to 263K. Yet, like a drunkard clinging to a lamppost, the market staggered forward. The S&P 500 and BTC, both grinning like Cheshire cats, ignored the chaos, no doubt plotting their next move while sipping tea with the Federal Reserve’s rate-cut specter. 🍵