BTC long-term holders quietly distribute to new buyers
The RHODL Ratio hit 6.5, its second-highest reading ever, then rolled over while price stayed flat, a pattern that historically precedes major moves rather than collapses.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
The RHODL Ratio hit 6.5, its second-highest reading ever, then rolled over while price stayed flat, a pattern that historically precedes major moves rather than collapses.
Strategy's new index shows banks still early on the Bitcoin build-out, even as individuals hold 66.1% of total supply and dwarf every institutional category combined.
Kalshi, Polymarket and the new Robinhood–Susquehanna JV Rothera cleared $44B between them in June, roughly 10x what US sportsbooks are projected to handle across all 104 matches.
The 30-day moving average has slipped under 2024 levels, and Glassnode frames the dip as a quiet regime, not a structural break, with attention rotated elsewhere until $BTC momentum returns.
Santiment flags a contrarian red flag: retail piling into XRP and ether as both tokens fade, while bitcoin sentiment stays flat, a crowd structure that has historically preceded further downside.
Customer balances moved opposite ways across the exchange's three largest assets, and the cross-venue pattern at Bybit and OKX is what turns the Binance snapshot into a market-wide read on capital…
The transfers came from wallets tied to criminal-case seizures, including the BTC-e exchange and Ryan Farace.
1.7K $BTC (≈105.2M) moved from unknown wallet to #Binance.
A formal notification to Congress reframes the Iran conflict and tightens the political ceiling on any near-term diplomatic off-ramp, putting risk assets back into headline-driven mode.
Federal law enforcement backing lends the Clarity Act political cover, but the four amendments reveal where frontline agencies want more teeth on DeFi oversight.
Three catalysts stack into a single US session: June CPI at 8:30 ET, Fed Chair Warsh's testimony at 10 ET, and US blockade enforcement at 4 PM. Oil already closed 9% higher Monday.
The geopolitical bid for safety and a hot CPI print both hit in the same session, and the Fear & Greed Index sitting at 22 means nobody is leaning into the dip yet.
Brent crude jumping on Hormuz blockade headlines and a same-day CPI print stack two hawkish shocks at once, just two weeks before the Fed's July 28–29 meeting.
The transfer routes coins from the Farace and BTC-e seizures through fresh wallets and into the exchange despite Trump's March 2025 order barring sales from the Strategic Bitcoin Reserve.
Upbit's 24-hour volume jumped 1,426% to $4.27B on the same session KOSPI fell 4%, as forced stock liquidations of KRW 425.8B since July 1 push leveraged retail into the crypto exit.
DRV is the rebrand of Lyra Finance, once a leading onchain options protocol. An Upbit listing puts it in front of South Korea's deepest retail liquidity on day one.
Three straight days of simultaneous BTC, ETH and now HYPE ETF outflows marks the first cross-product withdrawal since the spot ETF complex went live, a sign institutions are de-risking the entire…
Two years in, spot BTC ETFs turned Bitcoin from a treasury-only allocation into a sleeve any RIA can buy in five clicks, with cumulative inflows north of $90B doing the work no OTC desk could.
1.4K $BTC (≈85.6M) moved from unknown wallet to #OKEX.
Two solo blocks in eight hours of hashing at roughly one terahash per second against roughly 1-in-18,000-year odds, on a device that draws less power than a light bulb.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
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