Arkham says the massive Bitcoin whale transfer might be due to a wallet upgrade, but others in the industry have their own theories.
Ciaran Lyons
Ciaran Lyons is an Australian crypto journalist covering markets and conducting exclusive interviews with the biggest names in the industry. He has a background in mainstream media, having been a host on national radio station Triple J, roving reporter for Channel Ten’s The Project, one of five Australians on SBS’s Filthy Rich and Homeless, and host of Channel 7’s award-winning series Life Done Differently. Ciaran is also a stand-up comedian and has supported Theo Von, Demetri Martin, and Ron Funches on tour. Ciaran holds Solana, Ski Mask Dog, and AI Rig Complex above Coinpectra’s disclosure threshold of $1,000.
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$8.6B Bitcoin whale transfer shows no signs of sell-off: Arkham - News
Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager Fund manager Bill Miller IV says the government shouldn’t be able to tax Bitcoin because it requires no work on their end.
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OKX CEO apologizes after ‘false positives’ lock users out of accounts The CEO of OKX says that “false positives” are among the biggest challenges the crypto exchange faces in ensuring global compliance.
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‘Small possibility’ $8.6B Bitcoin transfer was a hack: Coinbase exec The Coinbase executive says he is “speculating on straws,” but if it is true, it would be “by far the largest heist in human history.”
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Bitcoin treasury playbook faces ‘far shorter lifespan’ — Analyst Crypto analyst James Check says the Bitcoin treasury strategy is getting to a point where new entrants will find it hard to gain momentum “without a serious niche.”
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Bitcoin bull run could peter out in 2-3 months, says analyst Crypto analyst Rekt Capital says that while there’s a lot of talk about the Bitcoin cycle extending into 2026, traders should not “throw away time-tested principles.”
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Bitcoin must hold above $108K or risk a bearish spiral A crypto analyst suggests that a drop to $108,000 could mark the beginning of Bitcoin’s fall back below the six-figure price level.
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Bitcoin may tap $116K in July amid ‘perfect storm’ of macro catalysts A move to $116,000 represents a 6.45% jump from Bitcoin’s price at the time of publication.
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BlackRock Bitcoin ETF earns more than its flagship S&P 500 fund BlackRock’s Bitcoin ETF is earning more in annual fees than the firm’s signature S&P 500 fund, despite having an expense ratio almost nine times higher.
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Bitcoin’s ‘super-majority’ holds $1.2T in unrealized profits: Glassnode Glassnode said Bitcoin’s current price “is not compelling enough for investors to continue selling” as unrealized profits hit $1.2 trillion.
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Crypto sentiment holds steady as Bitcoin drops to $105K Despite Bitcoin’s recent price wobble and the start of the third quarter — historically its weakest — crypto market sentiment remains strong.
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Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week.
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Bitcoin is ‘bad for dictators’: Human Rights Foundation exec Human Rights Foundation’s Alex Gladstein told a group of US political leaders that Bitcoin has “essentially saved” citizens living under dictatorships.
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‘All systems go’ for Solana staking ETF to launch any moment: Analysts ETF analyst Eric Balchunas says REX Shares’ latest Solana staking ETF filing with the SEC suggests the product is ready to launch any day now.
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Crypto exchange Bitvavo receives MiCA license from the Netherlands Bitvavo’s chief risk officer Jeetan Patel says the process of securing a MiCA license “progressed efficiently.”
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XRP spikes 3% after Garlinghouse says Ripple dropping SEC cross-appeal XRP spiked on Friday after Ripple CEO Brad Garlinghouse said the company is “closing this chapter once and for all” in its legal battle with the US regulator that began in December 2020.
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Gemini launches tokenized Michael Saylor's Strategy stock for EU investors Gemini says Strategy (MSTR) is its only tokenized stock for now, with more tokenized stocks and ETFs launching in "the coming days."
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Ethereum set for rally as it holds above crucial $2.4K price: Analyst Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the coming weeks as it trades above $2,400.
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Coinbase stock ‘going vertical’ as it hits new closing high One investment adviser says Coinbase stock is looking strong despite being “due for a pullback,” but other analysts are more skeptical.
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‘Fiat is fading’ — USD lowest in 3 years as Bitcoin reclaims $107K Macroeconomist Lyn Alden said the US dollar barely “got any flight-to-safety bid” despite recent geopolitical tensions between Iran and Israel.
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Michael Saylor’s Strategy has 91% chance of joining S&P 500 in Q2: Analyst Financial analyst Jeff Walton says Strategy’s odds of S&P 500 eligibility hinge on Bitcoin’s ability to remain above $95,240.
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US crypto stocks surge amid fragile Iran-Israel ceasefire US crypto stocks surged on Tuesday amid a shaky Donald Trump-brokered ceasefire agreement between Iran and Israel.
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Michael Saylor’s Strategy premium is not ‘unreasonable’: Adam Back Adam Back says that since Strategy typically takes 16 to 18 months to double its Bitcoin per share, the premium on its stock is not "unreasonable.”
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Samson Mow wants Bitcoin in ‘all of Europe,’ receives invite to France French lawmaker Sarah Knafo has invited Samson Mow to visit France, and Mow says he is keen to kick off a wave of nation-state Bitcoin adoption across Europe.
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Crypto cycle is playing out ‘spookily similar’ to 2017: Raoul Pal Real Vision CEO Raoul Pal says macroeconomic data suggests the current crypto cycle could extend into Q2 2026.
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CoinMarketCap has ‘identified and removed’ malicious wallet scam According to a post on CoinMarketCap's X account, the malicious code has been removed, though the team insists the investigation into the incident is still ongoing.
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Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler Eric Semler says he enjoys being a “lone voice in the wilderness” on Bitcoin, as most hedge fund executives still see it as a “fly-by-night concept.”
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Texas cops cut open crypto ATM to recover $25K lost to scam Pictures show a Texas sheriff’s department taking a power-cutting tool to a crypto ATM after a family reportedly used it to pay a scammer.
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Bitcoiners split on $94K or $114K for BTC’s next move as it trades sideways A recent poll on X shows that half of the respondents bet that Bitcoin would rise to $114,000, while the other half expect it to fall well below $100,000.
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Bitcoin to Ether shift going unnoticed with ‘bear market PTSD’ — Trader A crypto analyst says the altcoin season “we are all craving for” now hinges on Ether doing better and showing strength.