The Bitcoin price has been trapped in the same range since early July while equities, gold, real estate, and commodities like silver have all pushed to new highs. The question is why Bitcoin is lagging while nearly every other major asset is rallying.

Whale Activity Signals Bitcoin Price Distribution Pressure

On-chain data shows that whales holding more than one hundred bitcoin have recently begun transferring large amounts after years of inactivity. These movements have historically lined up with cycle tops or periods of heightened BTC volatility. This suggests that some of Bitcoin’s longest-term holders are realizing profits or rotating positions.

The current wave of transfers is…

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Global crypto wealth is booming, with the number of cryptocurrency millionaires soaring 40% to 241,700 over the past year, according to Henley & Partners’ latest Crypto Wealth Report. Bitcoin was the standout, driving much of the growth with a 70% jump in BTC millionaires to 145,100, while the count of Bitcoin billionaires climbed to 17. The report notes that institutional adoption and heavy inflows into U.S.-based spot Bitcoin and Ether ETFs played a central role in fueling this surge.

The wider market reflected the same momentum, as total crypto valuations crossed $3.3 trillion by mid-2025. Ultra-wealthy Bitcoin holders, including centimillionaires with over $100 million, surged 63% to 254. Advisory firms, hedge funds, and private equity players also deepened exposure, with spot ETH ETF inflows quadrupling to $13.4 billion this year alone.

Crypto adoption hubs continue to shift, with the U.S., Singapore, and Hong Kong leading the way, alongside Switzerland and the UAE. Smaller nations like El Salvador and Uruguay are also gaining traction by pushing favorable policies for digital asset investors.

Report

Tether, the issuer of the world’s largest stablecoin, is preparing a massive fundraising round that could value the company at up to $500 billion, putting it in the same league as global giants like SpaceX and OpenAI. CEO Paolo Ardoino confirmed on X that the El Salvador-based company is evaluating a raise between $15 billion and $20 billion for a roughly 3% stake through a private placement.

The funds are intended to supercharge Tether’s expansion across multiple sectors, including stablecoins, artificial intelligence, commodity trading, energy, communications, and media. Ardoino said the capital would allow the company to “maximize scale by several orders of magnitude,” while Bloomberg reported the deal would involve new equity rather than existing investors cashing out. Talks, however, are still in early stages.

Tether has been strengthening its U.S. presence as pro-crypto sentiment rises, recently appointing a CEO for its U.S. business under the GENIUS Act. With USDT’s market cap surpassing $172 billion, the stablecoin continues to dominate over Circle’s USDC, worth about $74 billion.

Bloomberg

Tether Holdings SA, the issuer of the world’s largest stablecoin, is reportedly in talks with investors to raise as much as $20 billion in new capital, a deal that could propel the firm into the ranks of the world’s most valuable private companies.

According to people familiar with the discussions, Tether is seeking between $15 billion and $20 billion in exchange for roughly a 3% stake through a private placement. 

That would imply a valuation near $500 billion, putting the company in the same league as SpaceX and OpenAI. 

Talks remain in the early stages and details may shift before any deal closes, according to Bloomberg reporting.

Cantor Fitzgerald is said to be…

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Brazil is about to see something new on its stock exchange: a company going public not for its products, but for its bitcoin. 

OranjeBTC, founded by former Bridgewater Associates executive Guilherme Gomes, will list on B3 in early October carrying 3,650 BTC on its balance sheet — worth more than $410 million.

That instantly puts Oranje in the global top tier of corporate bitcoin treasuries. By comparison, Brazilian fintech Méliuz, which followed Strategy’s model last year, holds just 650 BTC. Oranje is nearly six times larger out of the gate, according to Brazil Journal.

The firm is not shy about its intentions. “We are bringing to Latin America the first publicly…

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Bitcoin Price Weekly Outlook

Bitcoin price closed last week at $115,333, rejecting the $118,000 resistance level. After three straight weeks of gains, Bitcoin bulls finally lost steam — and the Fed’s rate cut wasn’t enough to break $118,000.

The U.S. Federal Reserve cut the key interest rate by 25 basis points as anticipated, which provided a boost for markets to close out the week, but it wasn’t enough. Bitcoin price made a move to $118,000 on Thursday after the Fed’s announcement, but was pushed back just shy of this critical resistance level. Sunday’s close gave us a shooting star doji candle for the week, signaling a likely reversal in price action heading into…

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The FTX Bankruptcy Trust has filed a $1.15 billion lawsuit against Bitcoin mining firm Genesis Digital Assets, marking one of the largest clawback actions yet in the ongoing efforts to recover assets lost in the collapse of the FTX exchange.

The complaint alleges that Genesis Digital and its co-founders received more than $1 billion in fraudulent transfers from Sam Bankman-Fried’s Alameda Research between 2021 and 2022. 

‘Great detriment’ to FTX customers 

The investments, the trust argues, were made at “outrageously inflated prices” and provided little to no value to FTX’s business, which was already insolvent at the time.

“Between  August  2021  and …

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Morgan Stanley is set to bring cryptocurrency trading to its E*Trade platform, making it one of the first major Wall Street banks to offer digital assets to retail investors. The rollout, planned for the first half of 2026, will start with Bitcoin, Ethereum, and Solana, according to Bloomberg. The bank is partnering with crypto infrastructure provider Zerohash for liquidity, custody, and settlement services.

Jed Finn, head of wealth management at Morgan Stanley, called the move a “transformative moment” for the industry, saying crypto trading is just the “tip of the iceberg.” Beyond simple trading, the bank is developing a wallet solution for custody and tokenization of assets, aiming to merge traditional and digital finance in a single account. The firm has also invested directly in Zerohash, which recently raised \$104 million at a \$1 billion valuation.

The initiative comes as U.S. regulators under the Trump administration show more openness toward banks entering the crypto market. Competitors like Charles Schwab are exploring similar products, while Robinhood has already generated over \$600 million from crypto trading last year. Morgan Stanley also plans to unveil crypto-inclusive portfolio strategies, suggesting allocations based on individual client goals.