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Latest Bitcoin news, price updates, and market trends

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Japanese Fashion Brand ANAP Holdings Increases Bitcoin Holdings

According to Foresight News, Japanese fashion brand ANAP Holdings has increased its Bitcoin holdings by approximately 15.82 BTC, valued at around $1.71 million. This brings the company's total Bitcoin holdings to about 200.5 BTC.
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Crypto User Moves 100 Bitcoin from Casascius Bar to Wallet After 13 Years

According to Cointelegraph, a crypto enthusiast known as "John Galt" recently transferred 100 Bitcoin (BTC) from a physical Casascius bar to a hardware wallet, marking a significant move after holding the coins for approximately 13 years. Casascius bars and coins serve as tangible representations of Bitcoin, with private keys attached to the objects themselves. Galt acquired the bar in 2012 when Bitcoin's price was below $100, driven by the belief that these physical coins might become historical artifacts if Bitcoin gained prominence. On May 13, Bitcoin's value reached approximately $104,000, elevating the worth of Galt's bar to over $10 million. Despite contemplating selling the bar before 2025, Galt faced challenges in finding legitimate buyers for such a high-value item. He expressed reluctance to redeem the bar, likening it to destroying a piece of history, akin to melting down an ancient gold necklace. Galt preferred to sell the bar intact, complete with its sticker, but as its value increased, finding a buyer became increasingly difficult. Although the Bitcoin is now more accessible through the hardware wallet, Galt has no immediate plans to cash out. He emphasized that possessing 100 BTC is life-changing, yet his decision was more about ensuring safety than sudden wealth. Prior to using the private keys, Galt stored the bar in a vault outside his home, highlighting the importance of security. Casascius bars and coins remain limited in circulation, ranging from 0.5 BTC and 1 BTC coins in brass or silver to 100-BTC gold-plated bars. These physical Bitcoins contain a private key that can be accessed by unsealing a tamper-evident hologram. According to the Casascius tracker Uberbills, over 17,000 coins and bars are active and yet to be redeemed, including two 1,000-BTC bars valued at over $100 million, one 500-BTC bar worth $50 million, and 35 100-BTC bars.
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Bitcoin Spot ETFs Record $770M in Weekly Inflows, Marking Four Straight Weeks of Growth

Key Takeaways:U.S. Bitcoin spot ETFs saw $770 million in net inflows from June 30 to July 3.BlackRock’s IBIT led with $337 million in inflows; Fidelity’s FBTC followed with $248 million.Grayscale’s GBTC continued to bleed, losing $84.95 million on the week.Total net assets in Bitcoin ETFs now stand at $137.6 billion, with cumulative inflows at $49.64 billion.Bitcoin spot ETFs recorded $770 million in net inflows last week, extending their streak of weekly inflows to four consecutive weeks, according to data from SoSoValue. The consistent capital inflow signals sustained institutional demand even as Bitcoin hovers below its all-time high of $112,000.Top Gainers:BlackRock’s IBIT attracted the most investor interest, pulling in $337 million for the week. Its total net inflow now stands at $52.65 billion, maintaining its position as the market leader.Fidelity’s FBTC followed closely with $248 million in net inflows. The fund’s cumulative net inflow has reached $12.21 billion.Top Loser:Grayscale’s GBTC recorded the largest net outflow among all ETFs, shedding $84.95 million last week. The product has now seen $23.33 billion in total net outflows since spot ETFs began trading.As of now, the total net asset value (NAV) across all Bitcoin spot ETFs is $137.6 billion, representing 6.29% of Bitcoin’s total market cap. Historical cumulative net inflows for all Bitcoin ETFs have reached $49.64 billion.Market Context:The renewed inflow momentum reflects growing institutional confidence as ETF adoption widens and Bitcoin price stabilizes above key support levels. Analysts view sustained ETF buying as a long-term bullish signal, particularly as BTC supply on exchanges continues to decline.
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Bitcoin News: Bitcoin Whales Accumulate Aggressively as Price Nears All-Time High

Key Takeaways:Bitcoin whales with over 1,000 BTC are ramping up accumulation as price hovers near $109,000.Smaller holders are selling, indicating a supply shift from retail to institutional investors.Whale behavior suggests confidence in BTC’s upside potential, even near record levels.Large Bitcoin Holders Show Strong Confidence Ahead of Potential BreakoutBitcoin whales are aggressively accumulating BTC as the asset trades just below its all-time high, signaling renewed confidence in long-term growth. According to blockchain analytics firm Glassnode, wallets holding more than 1,000 BTC have entered a strong accumulation phase over the past few days, just as Bitcoin trades around $108,772 — roughly 3% below its all-time high of $112,000.This surge in buying comes in contrast to behavior from smaller investors, who have largely been reducing their exposure. Wallets holding less than 100 BTC — including sub-1 BTC wallets — have been distributing coins steadily since April, marking a clear divergence between retail and institutional sentiment.Glassnode’s Trend Accumulation Score shows that larger holders, including wallets with more than 10,000 BTC, began ramping up their positions after Bitcoin’s local low near $76,000 in mid-April. This suggests a growing belief among major investors that the recent consolidation could lead to a new upward phase.The shift in supply from smaller to larger wallets is often interpreted as a bullish signal, especially when it occurs near previous highs. Whales — often considered the “smart money” due to their experience and risk tolerance — appear to be positioning ahead of a potential breakout.As the market watches closely for a move past $112,000, whale accumulation could provide the momentum needed to push Bitcoin into price discovery once again, according to CoinDesk.
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Bitcoin Taxation Debate: Bill Miller IV Questions Government's Role

According to Cointelegraph, Bill Miller IV, chief investment officer at Miller Value Partners, has expressed skepticism about the government's right to tax Bitcoin. In a recent discussion on the Coin Stories podcast, Miller argued that Bitcoin ownership does not necessitate administrative oversight from the government, unlike traditional assets such as real estate. He emphasized that blockchain technology independently manages ownership records, eliminating the need for government intervention. Miller highlighted that taxes in society are typically used to enforce property rights, a function that Bitcoin's blockchain inherently performs without governmental assistance. Miller's comments come amid ongoing discussions about the taxation of cryptocurrencies in the United States. Earlier this year, there were rumors that U.S. President Donald Trump's son, Eric Trump, suggested removing capital gains taxes on certain U.S.-based cryptocurrencies. While Miller acknowledged the potential for Bitcoin to be exempt from capital gains tax, he noted the uncertainty surrounding such a development. He also addressed the possibility of Bitcoin being subjected to property tax, similar to real estate, but expressed doubt about its necessity. Miller pointed out that the lack of a wash sale rule for Bitcoin is a notable aspect of its current tax treatment. The conversation also touched on the challenges faced by traditional asset managers in incorporating Bitcoin into their portfolios. Miller noted that taxation uncertainties pose significant obstacles for fund managers, particularly concerning the classification of income and the timing of transactions involving Bitcoin ETFs. He suggested that these unresolved taxation issues indicate that the cryptocurrency market is still in its early stages. Miller IV, son of renowned investor Bill Miller III, continues to advocate for Bitcoin, reflecting his father's significant investment in the cryptocurrency. Bill Miller III, known for his successful investment track record, has previously disclosed that a substantial portion of his net worth is tied to Bitcoin and related ventures.
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