Bitcoin’s surge to all-time highs has barely moved the needle in Google search interest compared to the spike seen after Donald Trump won the US presidential election in November.

Bitcoin retail interest ‘almost nowhere to be found’ as BTC taps highs

According to Mickey Watkins, decentralized physical infrastructure network 
(DePINs) can potentially fill the void or blackspots that major telecoms have 
consistently failed to cover. DePINs can potentially offer an alternative to 
frustrated subscribers and a chance to earn an extra income. DePIN Market 
Projected to Reach $3.5 Trillion by 2028 The World Economic Forum (WEF) […]

World Mobile CEO: DePINs Provide an Escape Hatch for Frustrated Telecom Subscribers

Over the last month, Bitcoin ranged within the $100,000 — $110,000 price 
region until its recent breakout to reach a new all-time high. On-chain data 
show that a shift in BTC holder behavior may have played a significant role in 
the flagship cryptocurrency&#8217;s recent price action. LTHs Begin Distributing, 
But STHs Accumulate In a July 12 post on the X platform, on-chain analyst 
Boris explained how a shift in Bitcoin holder activity has affected the market 
over the past months. This explanation was based on indicators measuring the 
Accumulation Vs Distribution of Long-Term Holders (LTH) and Short-Term Holders 
(STH). For these two holder categories, the metric tracks and analyzes wallet 
behavior to determine whether they are increasing or decreasing their Bitcoin 
holdings over time. Related Reading: Bitcoin Breaks Records: What Miners and 
Leverage Traders Are Doing Behind the Scenes For the long-term holders, the 
chart above shows how accumulation grew from the later days of May to the end 
of June. This is represented by the growing green graphs over the red. Within 
the same timeframe, the chart below shows short-term holders were represented 
more by the red graphs than the green, indicating more distribution than 
accumulation in the past month. Boris credited the LTHs for Bitcoin&#8217;s survival 
above the $100,000 support zone. “Despite heavy STH distribution and retail 
selling pressure, BTC defended the 100K support — a clear sign of structural 
accumulation led by LTH wallets,&#8221; the on-chain analyst said. According to 
Boris, the short-term holders were observed to have sold more than 563,000 BTC 
as Bitcoin continued to range. As this happened, the Long-Term holders 
steadily accumulated Bitcoin, and this absorbed most of the selling pressure 
from STHs. However, this dynamic seems to have reversed very recently. The 
online pundit reported that the Long-Term Holders started distributing their 
Bitcoin holdings. This sell-off from the LTHs may be a result of profit- 
taking, as the cryptocurrency&#8217;s upward drift would necessitate. On the other 
hand, the short-term holders have started to accumulate Bitcoin. This trend 
seen with this reactive group of investors indicates renewed retail interest 
or speculative entry amidst the current bullish rally. Boris further inferred 
that this handover from LTH support to STH support must have fuelled Bitcoin&#8217;s 
latest breakout, as short-term momentum is injected into the market. What&#8217;s 
Next For Bitcoin? While this rotation of supply between holder classes may not 
be strange in crypto market cycles, the scale and timing of this switch 
suggest that Bitcoin&#8217;s price action holds more interesting rallies in the near 
future. However, if the short-term buying pressure should taper, the absence 
of long-term support may cause a lower support to be retested. As of this 
writing, Bitcoin is valued at $117,300, reflecting no significant movement in 
the past 24 hours. Related Reading: Bitcoin Soars Past $118,800—Breakout Or 
Brutal Bull Trap? Featured image from iStock, chart from TradingView

Who Flipped The Switch? Bitcoin STHs Accumulate While LTHs Take Profit

Thousands of savers face potential losses after a $2.7 million shortfall was 
discovered at Ziglu, a British crypto fintech that entered special 
administration.

Collapsed crypto firm Ziglu faces $2.7M deficit amid special administration

Bet on the MLB Draft with Bitcoin. Compare the best crypto sportsbooks for 
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on the 2025 MLB Draft with the Best Bitcoin Sportsbooks At Bitcoin.com, we’ve 
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President Trump published two new letters on Truth Social, enacting 30% 
tariffs on the EU and Mexico, effective August 1st. The repercussions of these 
tariffs could be significant if ultimately enacted, as Mexico and the EU are 
major trade partners of the U.S. Trump Imposes 30% Tariffs on the EU and 
Mexico The Trump Administration […]