Bitcoin Price Soars Above $120K As Nakamoto Prepares $760 Million BTC Buy Post-Merger

The price of Bitcoin went above $122,286 today as a massive new buyer nears entering the market. All eyes are on Nakamoto Holdings Inc., the Bitcoin-native holding company set to complete its long-anticipated merger with healthcare provider KindlyMD (NASDAQ: NAKA). Once the merger is complete, Nakamoto will be cleared to begin purchasing bitcoin with over $760 million in capital.

The companies confirmed on July 22 that they have filed a definitive information statement with the U.S. Securities and Exchange Commission, marking the final step before closing. “Filing the definitive information statement is a critical milestone for this merger and accelerates our mission of acquiring one…

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Bitcoin, Ethereum Entering Pivotal Bull Market Phase—Here’s What It Means

Bitcoin BTC/USD and Ethereum ETH/USD are entering a pivotal phase in the current bull cycle, according to crypto analyst Benjamin Cowen.

What Happened: Ethereum’s push above $4,000 marks the completion of what Cowen called its “going home” phase in a podcast on Aug. 10 — a recurring cycle pattern where Ethereum bottoms against Bitcoin for the third time, as seen in 2016 and 2019.

This involved capitulating to its regression band, setting the stage for a sustainable rally.

Cowen sees ETH consolidating between $4,000 and $5,000 through September and October, with strong resistance near its all-time high of $4,867.

He dubs this period “Ethereum season,” noting ETH’s outperformance against…

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LATEST: Jeff Bezos’ Blue Origin Adds Crypto Payments For Space Travel

Blue Origin, the aerospace company founded by Jeff Bezos, announced Monday it will now accept cryptocurrencies and stablecoins for commercial flights on its New Shepard rocket. Powered by Shift4 Payments, the new system supports Bitcoin, Ethereum, Solana, USDT, and USDC, with wallet options like Coinbase and MetaMask. The move comes after more than 75 passengers have already crossed the Kármán Line through the New Shepard program.

TRON founder Justin Sun recently became the youngest Chinese commercial astronaut on Blue Origin’s 14th human spaceflight. Shift4 CEO Taylor Lauber called the partnership a milestone in making transactions simpler, stating, “We’re thrilled to extend that vision beyond Earth.” The initiative is designed to meet growing demand for secure, seamless digital payments in high-value experiences like space tourism.

Alex Wilson, Head of Crypto at Shift4, highlighted the $4 trillion crypto market’s potential, noting that such payments offer financial benefits for both consumers and merchants. The integration opens the door for space travelers to book future New Shepard flights entirely with digital assets.

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How Jack Dorsey’s Block Inc Is Reinventing Finance With Bitcoin

Block, Inc., founded by Jack Dorsey, the co-founder and ex-CEO of Twitter, is a financial technology company with a deepening full-stack connection to the Bitcoin industry through its subsidiaries. Its companies span payments apps and merchant tooling with Bitcoin integration, the development of bitcoin mining hardware, open source software development, a decentralized finance protocol for peer-to-peer markets and even a self-custody hardware wallet. 

Formerly called Square and founded in 2009, the company started integrating Bitcoin into its technology offering as early as 2014 via Cash App — its most famous subsidiary — allowing merchants to accept bitcoin payments through the…

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Bitcoin Price Pumps Above $120,000 As Michael Saylor’s Strategy Buys $18 Million Worth Of Bitcoin

Bitcoin price hit $122,290 on Sunday night right before Strategy, formerly known as MicroStrategy, announced the acquisition of 155 BTC worth $18 million, marking the fifth anniversary of its groundbreaking Bitcoin treasury strategy. The purchase, made at an average Bitcoin price of $116,401 per coin, brings the company’s total holdings to 628,946 BTC, representing approximately 3% of Bitcoin’s total supply.

According to an SEC filing on Monday, Strategy used proceeds from its STRF ATM (At-The-Market) offering and its previously completed initial public offering of Variable Rate Series A Perpetual Stretch Preferred Stock to fund the purchase. The company’s aggregate Bitcoin…

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LATEST: Michael Saylor’s Strategy Adds 155 Bitcoin To Holdings Worth $18 Million

Michael Saylor’s Strategy has added another 155 BTC to its massive reserves, spending roughly $18 million at an average price of $116,401 per bitcoin. The move comes as the company celebrates a remarkable 25% year-to-date BTC yield in 2025, underscoring its aggressive and consistent bullish stance on digital assets.

As of August 10, 2025, Strategy now holds an astounding 628,946 BTC, acquired for a total of approximately $46.09 billion at an average price of $73,288 per bitcoin. This latest purchase reinforces the firm’s commitment to long-term Bitcoin accumulation, regardless of short-term market swings.

With crypto adoption on the rise and institutional interest surging, Strategy’s latest acquisition sends a strong message to the market: Bitcoin remains a strategic and resilient store of value. The company’s unwavering confidence in BTC could further boost investor sentiment and push broader acceptance of cryptocurrency as a core financial asset.

Nostr Wallet Connect Is The USB-C Connector Of Bitcoin Wallets

Open Protocols Drive Innovation

NWC — Nostr Wallet Connect — has an impressive technological lineage. Digital and physical connectors such as cables we use, or internet protocols, work best when they’re open and standardized. You don’t need permission to design a device that uses a standard connector; you don’t have to license special chips from a single company; you don’t need to pay fees to use the protocol. You simply need to follow the publicly available specification and ensure your device or app complies.

The move toward universal, open connectors has been driven by foundational standards such as VGA (for early video output), 3.5mm audio jacks (for analog audio),…

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LATEST: CEA Industries Buys $160 Million BNB, Becomes Largest Public BNB Holder

BNC, a subsidiary of CEA Industries, has become the largest publicly listed holder of Binance Coin (BNB) after acquiring 200,000 tokens for $160 million through its treasury arm, BNB Network Company. The move follows a strategic pivot from nicotine vapes to building a BNB-focused treasury, accompanied by a ticker change from VAPE to BNC. Last month, the Nasdaq-listed firm secured $500 million in private funding led by 10X Capital and YZi Labs, founded by Binance’s Changpeng Zhao.

The company highlighted BNB’s deflationary token burns, rising on-chain activity, and potential catalysts like a spot ETF as drivers for long-term value. BNC plans to continue purchasing BNB until its initial treasury funds are used and could invest an additional $750 million through its warrant structure, potentially reaching $1.25 billion in holdings. It aims to increase institutional participation in the U.S. BNB ecosystem.

BNB, the fourth-largest cryptocurrency, currently trades at $820.5. Shares of CEA Industries closed Friday at $17.10, up 92% since revealing its BNB strategy, reflecting growing investor enthusiasm for corporate altcoin treasuries.

Bitcoin Is Not The ‘Scrappy Underdog’ Anymore And You Can’t Expect It To 10x Every 4 Years Forever, Says Analyst – Strategy (NASDAQ:MSTR)

Bitcoin’s BTC/USD four-year growth cycle, historically used by traders to time market peaks and corrections, continues to follow a trend of diminishing returns.

Disclosure: 82% of retail CFD accounts lose money

Bitcoin Slows Since April 2024 Halving

The first halving cycle saw extreme appreciation, with the price exploding over 5000%, as shown below. The gains have progressively fallen in the subsequent cycles, with the apex cryptocurrency returning only 91% since the April 2024 halving. 

But is it rational to expect such volatility cycle after cycle?

CycleStart Price (Halving)End Price (Next Cycle/Peak)Total Gain (%)Nasdaq Composite Gains In A Similar… Read more on Benzinga

LATEST: Willy Woo Says Bitcoin Is The Perfect Asset For 1,000 Years

Bitcoin investor Willy Woo declared the cryptocurrency the “perfect asset” for the next 1,000 years but warned it must attract far more capital to rival gold or the US dollar. Speaking at the Baltic Honeybadger conference in Riga, Latvia, Woo noted Bitcoin’s $2.42 trillion market cap is still far behind gold’s $23 trillion and the US dollar’s $21.9 trillion supply.

Concerns over corporate Bitcoin treasuries dominated Woo’s remarks. While companies are driving adoption, he cautioned that little transparency exists around their debt structures, risking a potential “treasury bubble.” Reliance on spot Bitcoin ETFs and institutional custodians like Coinbase, instead of self-custody, could also place large Bitcoin holdings within reach of governments, increasing the risk of a “nation-state rug-pull.”

Fellow panelists, including Blockstream CEO Adam Back, acknowledged the risks but argued companies remain the most logical entry point for adoption. Back said businesses unable to outperform Bitcoin should consider holding it directly, while Woo stressed that true long-term resilience depends on widespread self-custody—from corporations to individuals.

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