Why Bitcoin Isn’t Soaring? Cryptoquant Analysts Points to 895K Demand Drop Outweighing Institutional Buys

Despite significant bitcoin accumulation by U.S. exchange-traded funds (ETFs) and companies like Strategy (MSTR), broader market demand for the leading crypto asset has contracted sharply, effectively offsetting potential price gains and preventing new all-time highs, according to a July 3, 2025, analysis by Cryptoquant researchers. Institutional Bitcoin Buys Can’t Offset Market-Wide Demand Slump, Cryptoquant Study…

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Trump Officials Want to Prosecute Over the ICEBlock App. Lawyers Say That’s Unconstitutional

A spokesperson using ICE’s general press email referred WIRED to a statement issued by acting director Todd M. Lyons on June 30, but did not provide further comment. The White House did not immediately respond to WIRED’s request for comment. In the statement, Lyons called CNN’s coverage of the app “reckless and irresponsible.” When reached…

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Trump’s ‘Big Beautiful Bill’ clears Congress after narrow House vote, what could this mean for Bitcoin?

Key Takeaways The US House passed President Trump’s spending bill on Thursday; it’s now heading to Trump for his signature. The legislation includes tax cuts, increased discretionary spending, and safety-net program reductions. Share this article President Donald Trump’s flagship tax-and-spending legislation, the “Big Beautiful Bill,” cleared Congress on July 3 after passing the House of…

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Trader Says the Time To Be Bullish on Altcoins Is Here, Updates Outlook on Bonk and One Other Solana-Based Memecoin

A widely followed cryptocurrency analyst and trader is suddenly turning bullish on altcoins. The analyst, pseudonymously known as Bluntz, tells his 322,200 followers on social media platform X that the Bitcoin dominance (BTC.D) metric is flashing a bearish divergence, setting the stage for alts to outperform the flagship crypto asset. A bearish divergence occurs when…

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