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Bitcoin is holding its ground near the sixty-three thousand dollar mark, a level analysts at Glassnode are calling a critical battleground. Both retail buyers and large-scale whale investors are accumulating near the two-hundred-week moving average, suggesting the market sees this zone as a meaningful floor worth defending.
From crypto trading to crypto forecasting — Polymarket, the blockchain-based prediction markets platform, is reportedly seeking a valuation of twenty billion dollars in a new funding round. That's up sharply from the fifteen billion dollar figure attached to its last raise just months ago, and it signals real investor appetite as competition in the prediction market space intensifies.
Meanwhile, Italian banking giant Intesa Sanpaolo made a striking portfolio pivot in the second quarter, slashing its position in BlackRock's bitcoin ETF by ninety-four percent while tripling its stake in an ether ETF. The move came as crypto prices slumped, suggesting the bank is repositioning rather than retreating — a bet on ethereum's staking model over bitcoin's store-of-value narrative.
That's the pulse of the industry today. Keep surfing. Tech Beat out.
