A wallet containing Bitcoin deposited in 2011 moved 20.43 BTC, worth about $1.7 million at the time. The transfer does not confirm a sale, and the estimated $70 original cost and 15-year dormancy claim remain unverified.
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Bitcoin is holding above $78K, but the rally now depends on ETF inflows staying strong as renewed Fed rate-hike risk clouds the outlook. With $77.1K support and $80K–$83K resistance in play, BTC needs real buying power, not just a short squeeze.
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Bitcoin could reclaim $70K in August, but the move looks more like a fragile relief rally than the start of a new bull run. Weak spot demand and heavy derivatives activity could still leave BTC vulnerable to a sharp long-liquidation flush if momentum fades.
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Ethereum price action is still stuck in a downtrend despite strong spot demand, which is a neat little reminder that demand and price are not the same thing. ETH is getting bought, but not with enough conviction to overpower the broader supply pressure. ETH fell 6.2% on Friday, May 22, and briefly bottomed near $2,020. […]
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Ethereum is beating Bitcoin on one attention-grabbing on-chain metric: holder count. But before anyone starts declaring the death of BTC or crowning ETH king of everything, there’s a catch — this data measures wallet activity, not unique people. Crypto loves a good headline; reality usually shows up to ruin the party. Ethereum holder count: 189.49 […]
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