bitkoban - bitcoin news

Bitcoin News

Fold CEO Warns Altcoins To Remain Speculative, Says Bitcoin’s Market Dominance ‘Something That Can’t Be Reversed’
The chief executive of Bitcoin ( BTC ) financial services firm Fold is issuing a warning about altcoins, saying that the crypto king’s market dominance isn’t something that will backtrack. In a new interview with CNBC Television, Fold CEO Will Reeves says that the top crypto asset by market cap’s recent new all-time high was due to a combination of high institutional demand and low supply. “This is what happens when massive demand meets the finite supply of Bitcoin. And what we’re seeing right now is the supply shock in motion. So I’d certainly say what we are seeing is the fundamentals of Bitcoin in play… What we’ve seen recently with the rise of Bitcoin treasury companies, the ETFs (exchange-traded funds) is that entirely new classes of capital are able to invest in the asset. What we’re seeing is what happens when trillions of dollars start knocking on the door – the price tends to go up.” According to Reeves, the market’s appetite for BTC will cause its dominance levels to irreversibly rise – a trend that would leave countless altcoins competing for capital. “Frankly, I think [altcoins] will remain speculative. Bitcoin dominance is at 60% and rising. I think what we’re seeing is an inevitable trend towards the signal, the apex asset. The issue is that Bitcoin is the only credibly neutral digital asset that is in issuance. All the other tokens are still proving extraordinarily speculative use cases without the track record of Bitcoin. And so what we are seeing today is the continued march of Bitcoin dominating this entire market… Ultimately, what we’ve seen is something that can’t be reversed.” Bitcoin is trading for $117,613 at time of writing, a sideways move on the day. Meanwhile, Bitcoin dominance, which measures how much of the total crypto market cap belongs to BTC, stands at 64.58%. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia The post Fold CEO Warns Altcoins To Remain Speculative, Says Bitcoin’s Market Dominance ‘Something That Can’t Be Reversed’ appeared first on The Daily Hodl .

The Daily Hodl 2025-07-13 10:04
ADA Is Breaking Out: Will Cardano Surge Past $1 Next?
TL;DR Following weeks of consolidation and price warnings from the community, Cardano’s native token exploded in the past several days, registering a 30% weekly surge. A popular crypto analyst with almost 140,000 followers on X believes this could be just the beginning and envisioned a further surge to and beyond $1 if ADA breaks through a key resistance level, which is being tested now. Cardano $ADA is breaking through a key resistance level, opening the door for a rally to $0.90–$1.20! pic.twitter.com/4dj8jQfJFN — Ali (@ali_charts) July 13, 2025 This important resistance that could hinder ADA’s progress is situated somewhere around $0.74, a level the asset is very familiar with, as it managed to contain its price ascent earlier this year. ADA managed to breach it briefly during the Friday price surge that drove it to a two-and-a-half-month high of almost $0.78, but the bears quickly regrouped and didn’t allow a decisive closure above it. In fact, the last time Cardano’s token traded sustainably above $0.74 was in mid-May. Since then, the asset underwent a substantial correction that drove it down to $0.5 at one point. Nevertheless, ADA is still the top performer on a weekly scale from the 12 largest cryptocurrencies by market cap, having gained almost 30%. Thus, it has increased more than XRP (26%) and HYPE (22%). This impressive price surge comes just a few weeks after IOG proposed that the treasury would trade $100 million worth of ADA for BTC and stablecoins to enhance the blockchain’s DeFi ecosystem. The move met immediate resistance from some members, who claimed that it could lead to a more painful sell-off and price declines. Charles Hoskinson was quick to mock the naysayers after ADA surged past $0.7 and became a top performer. Remember when we were told that a 100 million dollar trade of ada would collapse the price? https://t.co/kYm5CKw97O pic.twitter.com/tPZiROv37i — Charles Hoskinson (@IOHK_Charles) July 11, 2025 The post ADA Is Breaking Out: Will Cardano Surge Past $1 Next? appeared first on CryptoPotato .

Crypto Potato 2025-07-13 09:51
James Wynn's X account deactivated after 9-digit losses
Crypto trader James Wynn disappeared from social media after suffering losses in the nine figures. For now, it looks like the high-risk trader finally crashed out, as his personal X account has been deactivated. Searching for Wynn’s old username, “JamesWynnReal,” on X now returns an error message that says, “This account doesn’t exist.” Right before he deactivated his account, Wynn changed his profile description to “broke.” Wynn’s old X username returns an account error. Source: X Blockchain trackers Hypurrscan and Arkham Intelligence report that the combined funds in his wallets now stand at only $10,157.46. James Wynn( @JamesWynnReal ) has deactivated his X account! What happened? Did he blow up completely? All his wallets and Hyperliquid balance combined are down to just $10,176. https://t.co/FX6sISVWOh https://t.co/snkLcUUgXb pic.twitter.com/bkkxOpo7hZ — Lookonchain (@lookonchain) July 12, 2025 The trader was known for placing high-leverage bets that often ran opposite to the broader market. Due to this, Wynn received a lot of attention and scrutiny from fellow traders. His strategy relied on making high-leverage bets on Hyperliquid while enjoying the benefits of the resulting social media engagement. More often than not, the trader watched the market react opposite to his bet. Wynn lost hundreds of millions betting on BTC futures During May, Wynn’s position in BTC stood to lose roughly $100 million when Bitcoin’s price slipped below $105k. That triggered liquidations of 949 BTC, effectively erasing his long-BTC holdings. In a post he later removed, Wynn said, “I do not follow proper risk management, nor do I claim to be a professional; if anything, I claim to be lucky. I’m effectively gambling, and I stand to lose everything. I strongly advise people against what I’m doing.” Instead of slowing down, Wynn once again opened a $100 million bet days later. Wynn claimed that market makers were intentionally targeting his positions to force a liquidation. Seeking relief, he asked the community for help. Up to 24 unique wallet addresses sent donation funds to his account. Shortly after receiving those donations, Wynn sold 240 BTC to push down his liquidation price on his remaining positions. Still, the trader couldn’t save his position and ultimately lost over 99 percent of the second $100 million position. $198.68 million got liquidated from the broader crypto market in 24 hours Meanwhile, the broader crypto futures market saw massive liquidations over the last 24 hours. Liquidation data from CoinGlass at press time shows a total of $198.68 million wiped out in perpetual futures. Long positions accounted for $132.75 million of that total, while shorts made up $65.93 million. Ethereum traders felt the pinch as well, with $30.84 million in positions closed out. Of that, $21.14 million were longs and $9.26 million were shorts. XRP followed, tallying $16.89 million in liquidations, $13.27 million on the long side, and $3.62 million short. KEY Difference Wire helps crypto brands break through and dominate headlines fast

Cryptopolitan 2025-07-13 09:42
Bitcoin ETFs Log Another $1 Billion Day as Institutional Momentum Breaks Records
Bitcoin exchange-traded funds (ETFs) posted another billion-dollar inflow on Friday, their second in a row, pushing total net assets to a new record. Ether ETFs kept pace with a $204.82 million haul, marking yet another strong green session. Bitcoin ETFs Surge to $150 Billion AUM After $1 Billion Inflow The wave keeps growing, and the

Bitcoin.com 2025-07-13 09:30
FET, AAVE, DOGE lead altcoin accumulation – Will it trigger a new altseason?
Market analysts projected a potential boom for the altcoin market.

AMB Crypto 2025-07-13 09:00
Rich Dad Poor Dad Author Plans to Buy Another Bitcoin Amid Easy Wealth Opportunities
Robert Kiyosaki, renowned author of the bestselling financial guide Rich Dad Poor Dad, recently disclosed his intention to acquire additional Bitcoin holdings at the earliest opportunity. Emphasizing the growing significance

CoinOtag 2025-07-13 08:41
Why Bitcoin’s ATH isn’t forcing traders to sell – KEY data suggests…
Bitcoin returns massive gains, yet investors don’t budge.

AMB Crypto 2025-07-13 08:00
Dogecoin Shows Potential for Move Toward $0.40 Following Triangle Breakout and Volume Surge
Dogecoin has surged past a descending triangle pattern, signaling renewed bullish momentum with key support holding near $0.20 and resistance targets set between $0.40 and $0.45. Trading volume has intensified

CoinOtag 2025-07-13 07:51
Bitcoin Rally May Elevate Satoshi Nakamoto Into World’s Wealthiest Elite
Bitcoin’s recent surge has propelled the net worth of its elusive creator, Satoshi Nakamoto, into the ranks of the world’s wealthiest individuals, highlighting the profound financial impact of early cryptocurrency

CoinOtag 2025-07-13 07:12
Bitcoin Miner Bosses Are Raking in Millions – And Investors Are Furious
Executives at US-listed Bitcoin mining firms are taking home pay packages far larger than their peers in energy and IT. Equity-heavy compensation structures are driving up totals and drawing increasing shareholder resistance, according to new findings from VanEck. Miner CEOs Outpace Tech and Energy Peers Across eight miners that VanEck reviewed – Bit Digital, Cipher Mining, CleanSpark, Core Scientific, Hut 8, Marathon Digital, Riot Platforms, and TeraWulf – executive pay averaged $14.4 million in 2024. This is more than double the previous year’s $6.6 million, and significantly above averages in the energy and technology sectors. Such a surge has occurred even as base salaries for mining executives remain broadly in line with other industries, averaging $474,000 in 2023. The primary driver is the sector’s reliance on stock-based compensation, which accounted for 89% of miner executive pay in 2024, compared to lower allocations in comparable sectors. While stock-based incentives can align management with investors, VanEck’s analysis indicates many miners continue to structure these awards with short- to medium-term vesting, limited performance gating, and dilution risks that erode shareholder value. Shareholders appear to be pushing back. Across broader corporate America, nearly 99% of executive pay proposals passed during the 2024 proxy season, while S&P 500 and Russell 3000 companies typically witness 90% or higher support rates. By contrast, Bitcoin miners saw an average support rate of just 64%. Six of the eight miners, including Riot, Core Scientific, Hut 8, Cipher, TeraWulf, and Marathon, have expanded the use of performance stock units (PSUs). These typically vest over multiple years, tied to share price or total shareholder return benchmarks. Marathon has transitioned fully to PSUs in 2025, and Cipher now uses a 50/50 split between restricted stock units and PSUs. Core Scientific reintroduced its long-term incentive plan with performance-linked stock after reorganization. These changes indicate a move away from purely time-based vesting and toward longer-term alignment, although not all firms have fully adopted these practices. CleanSpark, for one, has not implemented PSUs. The same is true for Bit Digital as well. Despite authorizing them, it has yet to issue them according to its latest filings. Pay-for-Performance Misalignment The question of whether these pay structures are delivering value remains. VanEck’s comparison of total executive pay with each miner’s 2024 market-cap growth shows stark contrasts. At TeraWulf and Core Scientific, executive pay amounted to around 2% of the firms’ market-cap increases. This pointed to relatively efficient pay-for-performance alignment. On the other hand, Riot’s executives received $230 million, which is equivalent to 73% of the company’s 2024 market-cap gains, while Marathon’s executive pay was 18% of its market-cap growth. Such disparities have drawn scrutiny, particularly given Riot’s history of shareholder pushback on pay proposals and concerns over dilution tied to expanding equity compensation plans. The post Bitcoin Miner Bosses Are Raking in Millions – And Investors Are Furious appeared first on CryptoPotato .

Crypto Potato 2025-07-13 07:11
Bitcoin’s Record Highs May Reflect Institutional Demand Despite Limited Retail Interest and Lower Search Trends
Bitcoin’s recent rally to new all-time highs highlights a significant divergence between institutional enthusiasm and retail investor interest. Despite Bitcoin breaking records, retail engagement remains muted, with Google search trends

CoinOtag 2025-07-13 06:46
DV8 Public Company Limited Reinvents as Bitcoin Financial Firm Under Chairman Chatchaval Jiaravanon
DV8 Public Company Limited announced a strategic pivot towards becoming a Bitcoin-centric financial entity, signaling a significant shift in its corporate direction. The appointment of Chatchaval Jiaravanon, a prominent Thai

CoinOtag 2025-07-13 05:26

1 2 3 4 5 ... → » Last