Bitcoin

By the time researchers at Galaxy Digital had finished assessing the incident, roughly 1,816 BTC, worth close to $116 million, had been moved from more than 5,200 addresses across four separate waves. The largest of those sweeps alone took 1,082 BTC from 1,196 wallets in just 41 minutes.

Bernstein's headline numbers are already making the rounds, they expect Bitcoin to reclaim $125,000 by late 2026, and $300,000 at the next cycle peak in 2029. When asked the reason behind this logic, Chhugani is framing this call around what he terms the "debasement trade."

Japanese listed company Remixpoint has exited its altcoin positions, leaving Bitcoin as the sole cryptocurrency on its balance sheet.

Gold is currently owning the spotlight as it pushed higher again on Tuesday, trading near $4,080 an ounce it's highest reach since June 2022, this happened after investors weighed diplomatic movement on reopening the Strait of Hormuz

On July 26, Michael Saylor posted Strategy's Bitcoin acquisition chart on X with a vague caption "We're gonna need another color." It was his fifth version of that post since June 22, the company's longest stretch without a confirmed Bitcoin purchase in two years.