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On Jul 17, IQ.wiki and RootData launched cross-platform content integration. Earlier, on Jul 3 IQ partnered with Theseus Network on AI-agent use cases, and on Jul 2 announced an official content partn

July has been historically a positive month for bitcoin and this edition hasn’t disappointed so far. The cryptocurrency began the month on the wrong foot, dipping below $58,000 for the first time in n

July has been historically a positive month for bitcoin and this edition hasn’t disappointed so far. The cryptocurrency began the month on the wrong foot, dipping below $58,000 for the first time in nearly two years, but it rebounded swiftly in the following weeks.

Earlier today, it rocketed past $66,000 for the first time in over a month, gaining over $8,000 since that July 1 low. Here are some of the possible reasons behind it.

Whale and ETF Accumulation
As June was coming to an end and it became known that it would be a highly painful month for the asset with a nosedive of over 20%, we outlined several factors that had to change in July for a price resurgence. One of them was the ETF inflows. The financial vehicles went on a violent eight-week withdrawal-only streak, which was finally snapped a couple of weeks ago.

Moreover, investors continued to pour funds into the ETFs, which ended two weeks in the green in a row for the first time in months. July 20 extended the streak as the funds attracted almost $227 million.

The second major reason for the price revival is whale behavior. Data shared by CryptoQuant indicated that large market participants holding between 1,000 and 10,000 BTC increased their 60-day net accumulation to roughly 66,700 units, which is close to the recent record seen a month ago.

This is the cohort’s strongest accumulation reading since February 17, when net accumulation briefly exceeded 106,000 BTC.”



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strategy sold 2.73m MSTR shares for $263.5m last week and bought zero bitcoin, moving the full proceeds into a cash reserve now at $3.225b. that is a modest positive for $BTC's floor: the pile covers 

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Pudgy Penguins (@pudgypenguins) has launched its new Pengu Plushies line in Target (@Target) stores across the United States, the brand announced on July 19. The rollout puts the flagship Pengu character in more than 1,800 Target toy aisles, sitting alongside household names like Bluey and Hello Kitty, and in front of millions of weekly shoppers who have never opened a crypto wallet.

For a project that began as 8,888 profile pictures on Ethereum, that shelf space is the whole point. Most $NFT collections from the 2021 boom have faded into irrelevance. 


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🚨 Most world cup traders won less than $5 on Polymarket while FIVE wallets walked away with millions. Polymarket and Kalshi captured record sports activity, but only 54 Polymarket addresses collected 

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Post To Earn BonusHTX Refer And Earn Major Crypto Price Prediction Challenge Bitcoin Whale That Accumulated for Six Years Moves $52.2M to Cumberland in Potential Sell SignalA Bitcoin wallet that had been steadily accumulating the cryptocurrency over the past six years moved 800 $BTC, valued at approximately $52.2 million, to Cumberland, a prominent crypto market maker and over-the-counter (OTC) trading platform, according to onchain analytics firm Onchain Lens. The transfer occurred about one hour ago and is typically interpreted as a potential selling activity.

Bitcoin Whale That Accumulated for Six Years Moves $52.2M to Cumberland in Potential Sell SignalA Bitcoin wallet that had been steadily accumulating the cryptocurrency over the past six years moved 800 $BTC, valued at approximately $52.2 million, to Cumberland, a prominent crypto market maker and over-the-counter (OTC) trading platform, according to onchain analytics firm Onchain Lens. The transfer occurred about one hour ago and is typically interpreted as a potential selling activity.

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<span class="RichTextText" node-type="RichTextText">Bitcoin Whale That Accumulated for Six Years Moves $52.2M to Cumberland in Potential Sell SignalA Bitcoin wallet that had been steadily accumulating the cryptocurrency over the past six years moved 800 $BTC, valued at approximately $52.2 million, to Cumberland, a prominent crypto market maker and over-the-counter (OTC) trading platform, according to onchain analytics firm Onchain Lens. The transfer occurred about one hour ago and is typically interpreted as a potential selling activity.</span></div>

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