Key points to remember:
- Cryptoquant Reported whale deposits to a July 2024 high as bitcoin reached its highest since February 4, 2026, close to resistance.
- Tim Draper kept his $250,000 BTC call for 18 months, as Grayscale sees X deepen crypto finance.
- Kraken Says a Warsh-Led Fed Could Increase Digital Assets in 2026; The debate over BIP-361 could shape Bitcoin following.
Review of the week
Crypto Data Shows Whale Deposits at highest level since July 2024 near Bitcoin Key resistance
Bitcoin hit its highest price since February 4, 2026, but on-chain data from Cryptoquant shows the move is now running into a historic… Learn more.

Editor’s comment:
Whale the data is less useful than it once was due to all the institutional shuffling in custody, but Cryptoquant’s statistics here coincide with Bitfinex’s reporting. whales are in their biggest buying frenzy since 2013.
Tim Draper renews Bitcoin Target, sees $250,000 in 18 months while Inflation Pressures weigh on the dollar
Tim Draper has reset his long-term commitment bitcoin market analysis by renewing a price target of $250,000 linked to inflation pressures and fiduciary weakness… Learn more

Editor’s comment:
Draper has been asking for $250,000 for maybe six years, but he will eventually be proven right. To his credit he bought BTC in 2014 thanks to the US Marshals auction at $632, an investment on which he is up approximately 11,650%.
Grayscale predicts Elon Musk’s X could be used Cryptocurrency to power the next wave of financial ecosystems
Grayscale Forecast crypto will be the foundation of the next wave of consumer credit as platforms evolve into unified ecosystems… Learn more

Editor’s comment:
Cryptocurrency already lives on X, as do most finances, for that matter. This community provides Elon with a huge payment, trading, and possibly custody opportunity. Implementing your own mapping software would also make sense.
3 Ways Forward: Kraken Maps Warsh-led Fed Scenarios That Could Change Cryptocurrency out of reach
Monetary policy expectations are increasingly tied to a possible change in direction at the Federal Reserve, with major implications for liquidity and risky assets… Learn more

Editor’s comment:
Kraken’s “reference scenario” seems the most logical: according to this result, interest rates will remain in the range of 3.25% to 3.75% until the end of 2026, depending on global warming. inflation data in the second half. A prolonged cycle of rate cuts is not necessarily bad for Bitcoinand has proven to be very good for stocks.
Scarcity pump or monetary suicide? The radical argument against BIP-361
While its supporters argue that the proposal prevents a “silent leak” of assets by actors with quantum capabilities, critics like Frédéric Fosco argue that the solution… Learn more

Editor’s comment:
In just a few months, the quantum threat has gone from a nothing to a problem that developers are actively trying to address. They are also considering the careful idea of freezing millions of coins, which some would call a violation of one of the Bitcointhe original philosophical principles of absolute property rights.
