Bitcoin first-timers have upped their BTC exposure by more than 2% in July, but mainstream interest worldwide is still barely perceptible, data reveals.

Is FOMO back? Bitcoin first timers buy 140K BTC in 2 weeks

Trump&#8217;s support for crypto tax breaks could boost digital currency adoption, 
positioning the U.S. as a leader in the crypto industry.
The post Trump signals support for tax break on small crypto transactions 
appeared first on Crypto Briefing.

Trump signals support for tax break on small crypto transactions

Bitcoin has long been treated as the default corporate crypto holding. 
Enlightify’s CYBER allocation challenges that dogma, betting instead on a 
token designed to power decentralized AI networks. In an announcement on July 
17, the Cyber Foundation said Enlightify Inc.…

Enlightify breaks Bitcoin-only mindset with $20m bet on CYBER tokens

After reaching a record high of $123,200, Bitcoin is now consolidating around 
the $118,000 level. Market participants remain on alert as top analyst 
Darkfost reported a major development involving one of the oldest and most 
closely watched wallets in crypto history. According to the analyst, the 
remaining 40,000 BTC—valued at approximately $4.75 billion—still held by the 
80K Satoshi-era whale have all moved. Related Reading: Bitcoin Retail Demand 
Rebounds – $0–$10K Transfer Volume Turns Positive The shift began last night, 
signaling renewed activity from the early Bitcoin holder. Until now, only half 
of the whale’s holdings had been moved, while the rest remained dormant. This 
latest transfer marks the full mobilization of the entire 80,000 BTC once 
controlled by the entity. While the motive behind the move remains unknown, 
the market is watching closely for signs of potential selling or 
redistribution. Bitcoin’s ability to hold above key support levels despite 
this high-stakes movement may reflect strong demand and investor confidence. 
However, with $4.75 billion now in motion, traders are bracing for possible 
volatility ahead. The market is waiting to see if this event will trigger 
broader implications—or if it’s simply a strategic reshuffling from one of the 
ecosystem’s earliest whales. Satoshi-Era BTC Consolidates Into Single Address 
Darkfost highlighted a major on-chain development that has captured the 
market’s attention: Each of the four wallets, previously holding 10,000 BTC 
from the 80K whale, sent their funds to a single destination address 
bc1qs4nzm0je7wqfyfmqr4ht4upyzy57vc95nf4au0. This address now holds the entire 
$4.75 billion stash, raising new questions about the intent behind the move. 
According to Darkfost, while the pattern differs from previous sell-off 
precedents, the market must remain alert. “I guess these BTC might also end up 
hitting the market soon,” he commented. This kind of movement—especially from 
dormant, high-value wallets—often signals large-scale positioning, which can 
precede either institutional sales or strategic long-term storage. The timing 
coincides with rising bullish momentum across the crypto market. With Bitcoin 
consolidating above $118,000 following its $123,200 all-time high, traders are 
eyeing a potential breakout. Adding fuel to this outlook, all three key 
crypto-related bills were passed by the US House this week, removing 
significant regulatory uncertainty and clearing a path for broader adoption. 
Related Reading: SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads 
the Dip Bitcoin Weekly Chart Signals Fresh Momentum The weekly chart shows 
Bitcoin holding strong above $118,000 after surging to an all-time high of 
$123,200. This breakout follows a prolonged consolidation just below the 
$110,000 resistance, which acted as a ceiling for several months. Now turned 
support, the $109,300 and $103,600 zones are critical demand levels, offering 
a firm foundation for continuation if bulls maintain control. The structure of 
the recent weekly candles reflects bullish dominance, characterized by strong 
bodies and relatively small upper wicks. This suggests controlled profit- 
taking and growing confidence from buyers. Meanwhile, volume is picking up, 
confirming participation in the breakout and hinting at the possibility of 
sustained momentum in the coming weeks. Related Reading: Ethereum Supply 
Locked Hits New ATH: Smart Money Bets On Long-Term Growth All major moving 
averages—50-week ($88,214), 100-week ($69,139), and 200-week ($50,254)—are 
trending upward and remain well below current price levels, reinforcing a 
long-term bullish trend. As Bitcoin consolidates above former resistance, this 
zone may now serve as a launchpad for a move toward the next psychological 
target at $130,000. Featured image from Dall-E, chart from TradingView

All 40K Remaining Bitcoin From The 80K Whale Just Moved: $4.75B In One Wallet Now

Bitcoin technical charts suggest BTC could remain range-bound for an extended 
period of time. Cointelegraph explains why.

Bitcoin resistance at $120K hints at consolidation before impulse rally to $135K

Massachusetts Democratic Sen. Elizabeth Warren sounded the alarm, accusing 
President Donald Trump of chipping away at the Federal Reserve’s hard-earned 
independence with his repeated threats to oust Chair Jerome Powell. She also 
weighed in on the latest crypto bills, warning that Congress is on the verge 
of “sign[ing] off on very weak regulation.” Warren Says […]