Learn more

After a short pullback, Bitcoin (BTC) has resumed its march toward the psychological resistance of $70,000. This suggests that every minor dip is being purchased. CryptoQuant CEO Ki Young Ju said in a post on X that “358K BTC has moved to permanent holder addresses” in July, suggesting that Bitcoin is “in an accumulation phase.” World’s largest Bitcoin miner, Marathon Digital Holdings, added $100 million in Bitcoin to its Bitcoin holdings over the past month to take its total to more than 20,000 Bitcoin. The firm’s CEO and chairman, Fred Thiel, said in a July 25 X post that Marathon will “now …

cuu