Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

July 26, 2025

Bitcoin’s price has demonstrated resilience, climbing above $118,000 after weathering significant selling pressure from whale activity.

This recovery has sparked discussions among market participants about the extent to which large holders and long-dormant wallets influence Bitcoin’s price movements.

Contrary to widespread assumptions about whale dominance, recent insight from River, a Bitcoin-focused financial institution, shows that more than 67% of all BTC remains under individual ownership rather than institutional control.

Individual Ownership Powers Bitcoin as Indicator Flashes GREEN

The distribution of Bitcoin ownership aligns with Satoshi Nakamoto’s original vision of decentralization, ensuring that ordinary people, rather than a concentrated group of institutions, maintain influence over the financial systems that affect their economic well-being.

Bitcoin’s ability to maintain strength above $117,000 during the recent whale selling episode demonstrates such a belief.

The cryptocurrency has now successfully closed above critical bullish territory, completing the CME gap fill at $115,000.

Market momentum is now in the bulls’ control, with Bitcoin’s price trajectory pointing toward a potential rally to $140,000 as the next significant milestone.

Nevertheless, the inherent volatility of cryptocurrency markets demands careful risk management.

The Index Bitcoin Cycle Indicators (IBCI) has entered the Distribution zone after five months, a range historically linked to market euphoria and potential peaks.

Importantly, the index has only reached the lower boundary of this zone at the 80% level, remaining well below the 100% threshold that previously signaled major cycle tops.

This suggests that Bitcoin’s targets of $140,000-$150,000 remain achievable, as aggressive profit-taking typically seen at cycle peaks has not yet materialized.

Bitcoin Price Analysis: Elliott Wave Points to $131K

From a technical perspective, Bitcoin’s (BTC/USD) daily chart reveals a developing Elliott Wave pattern, with the asset currently positioned in the early phases of Wave (V).

The preceding waves (i) through (iv) have been completed according to established wave principles.

Currently, Bitcoin is consolidating just beneath the 9-day EMA at $118,016.64, which serves as immediate resistance.

The emergence of a bull pennant or flag formation below this resistance level indicates potential for continued bullish momentum toward the projected Wave (V) target around $131,757.

The RSI reading of 66.42 remains below overbought conditions, providing room for additional upward movement.

This New Bitcoin Token Could 10X: $5M Raised

While Bitcoin moves up and down between key price levels, a new project called Bitcoin Hyper is getting a lot of attention.

This project is still in its early funding stage and has already raised over $5 million, showing that many investors believe in it.

So what is Bitcoin Hyper? Think of it as an upgrade to regular Bitcoin.

It’s built on what’s called a “Layer 2” system, basically a newer technology that sits on top of Bitcoin to make it work better.

This is the first project of its kind, which is why so many people are interested in buying in early.

Several crypto experts think the $HYPER token could go up 10 times in value from the current price.

Right now, early investors can buy $HYPER tokens for $0.0124 each.

The price will increase as the project progresses through various funding stages, so purchasing early may result in a better deal.

Designed for Fairness, Accessibilityand Super fast executionWe are proud to collaborate and announce the upcoming debut of our colocation service. Beeks Exchange Cloud®. The offering, scheduled to be released later this year, represents a major step forward in how it can support both the institutions and individual clients that are best suited to trading performance.

Many exchanges offer colocation services, but we do things differently. We’re opening it All partners and clientsit’s not just an institution. So, all of our most active traders can benefit from improving their experience, Equal and fair market accessone of the fundamental values ​​that underpin everything we do at Kraken.

It spent more than a decade building and refinement of the infrastructure. This new service will improve performance and scalability while staying true to Kraken’s commitment to fair and transparent access to global markets.

Our clients can rent Cloud Compute directly within European data centres from Beeks, a leading provider of low-latency infrastructure. It also provides the ability to directly install physical hardware and access colocation services for those with more specific technical needs.

“Kraken has been continuously and continuously strengthening its infrastructure and technology, and this is the next step in its evolution,” said Shannon Kurtas, Head of Kraken Exchange. “Working with Beeks will drive latency, more efficient price discovery and deeper liquidity in all Kraken spot and derivatives markets.”

Although latency improvements vary depending on the client location, those using Beeks Exchange Cloud® will enjoy the same low-latency experience as clients with physical hardware. For example, London traders can expect Sub-millisecond latency – Actual game changer for execution speed.

“The partnership with Kraken is built on the shared values ​​of performance, transparency and trust. Beeks’ Exchange Cloud® offers amazing results with tier 1 equity exchanges. Running speed and market equity for everyone.”

I can’t wait to get this service to come later this year. Click below and work with Beeks Exchange Cloud® to pre-register for the colocation service (no commitment required).

We look forward to unveiling a new colocation service that will provide clients with access to ultra-fast execution. The service is designed to further enhance transaction performance and scalability while maintaining fair and transparent access to the global crypto market.

Starting later this year, clients will be able to access ultra-low latency transactions from their European data centres by renting Cloud Compute from Beeks, a leading provider of low-latency calculation, connectivity and analytics solutions. Targeted clients with specific technical requirements also have the option to install physical hardware in the data center and access the colocation service directly.

“Kraken has been continuously strengthening its infrastructure and technology for over a decade, and this is the next step in its evolution,” says Shannon Kurtas, Kraken’s Head of Exchange. “Working with Beeks will drive latency, more efficient price discovery and deeper liquidity in all Kraken spot and derivatives markets.”

Although the exact latency improvements vary depending on the client location, those using Beeks’ ExchangeCloud® Colocation Services experience the same low latency benefits as those installing physical hardware in their data centers. For example, traders operating from London can expect sub-millisecond latency.

“We’re looking forward to seeing you in the future,” said Gordon McArthur, CEO of Beeks Financial Cloud.

“We will set up new benchmarks for lower-rise infrastructure and secure all traders.

Kurtas added: “Many exchanges offer colocation services, but Kraken’s approach is unique. This makes it accessible to all partners and clients, not just the most active traders.