Tom's Hardware

Cointelegraph

Financial Times

Cointelegraph

The Economic Times

Bitbo

Here are today’s top headlines on Bitcoin:

Bitcoin’s Biggest Hack Ever Revealed

Arkham intelligence has uncovered a massive, previously unreported Bitcoin heist from December 28–29, 2020. Hackers stole 127,426 BTC, valued at $3.5 billion at the time—now roughly $14.5 billion, making it the largest crypto hack in monetary terms. The stolen funds are now held across consolidated wallets, ranking among the top Bitcoin holders globally.(Tom's Hardware)

Bullish Momentum and Market Outlook

Bitcoin is showing strong upward momentum:

Price is approaching $120K, driven by expectations of a short squeeze.(Cointelegraph)

Technicals are robust, with asset prices nearing the July 14 all-time high of $122,838 as traders watch key U.S. inflation data.(Decrypt)

Another analyst projects a bold $500,000 BTC price target, citing increasing institutional adoption and favorable macro trends.(Bitbo)

Corporations Betting Big on Bitcoin

Financial Times reports that nearly 154 public companies have raised ~$100 billion to invest in crypto—often through debt or equity—hoping to leverage Bitcoin-related boosts in share prices. However, critics warn of systemic risks if crypto prices reverse sharply.(Financial Times)

Security Threats: Bitcoin Holders at Risk

Alena Vranova, founder of SatoshiLabs, issued a grave warning: at least one Bitcoin holder is kidnapped or assaulted each week in attempts to extract private keys—a reminder of the very real physical dangers tied to crypto ownership.(Cointelegraph)

Bitcoin Holding Steady as Interest Grows

Bitcoin has remained above $114,500, buoyed by renewed inflows into crypto investment products. Analysts suggest this could herald a breakout, backed by heightened institutional interest.(The Economic Times)

Summary:

A historic multi-billion-dollar hack has come to light.

Market sentiment is sharply bullish with traders anticipating a run toward and possibly beyond $120K.