Key Takeaways Lookonchain flagged 4,582 BTC leaving a wallet that had sat untouched since Aug. 7, 2024. A separate whale sold 837.8 BTC bought near $95,434 and rotated $69.7M into ETH via Hyperliquid. ETH/BTC slipped below 0.03 on Oct. 13 for the first time since Aug. 19 as the whale kept buying. Whale No. 1: […]
Key Takeaways Bitcoin ETFs lost $65.40M on Monday, all from Blackrock’s IBIT. Ether hit 10 straight outflow sessions, while solana, zcash, and HYPE also stayed under pressure. This week will test if bitcoin ETF demand broadens again as NEAR keeps attracting inflows. Bitcoin ETFs Lose $65M as Ether Outflows Hit 10 Days The new week […]
Key Takeaways Bitcoin’s price trades at $83,266 as resistance between $83,800 and $84,254 limits its recovery. Bitcoin’s oscillators remain neutral, although 10 of 15 moving averages favor bulls. Bitcoin faces downside risk below $82,500, while a breakout above $84,254 would improve its outlook. Bitcoin Price Stalls at $83,266 as Bulls Confront $84,254 Resistance Bitcoin’s price […]
Key Takeaways Strategy repurchased $368.7 million of STRC from Sept. 28 to Oct. 11 while buying just 584 BTC. STRC closed at $99.88 on Oct. 12, up from a $71.25 low in June, with Strategy behind about 30% of volume. STRC’s Oct. 15 record date and an Oct. 28 vote on daily dividends now decide […]
Key Takeaways Binance is pulling the plug on Binance Pool and its related mining services on Nov. 10, ending a six-year run. Since launching in April 2020, Binance Pool has mined 22,188 blocks and collected 137,059 BTC in rewards. Binance joins SBI Crypto Pool and Poolin on the sidelines as mining profits tighten and operators […]
Key Takeaways Higher inflation and interest rates could put further pressure on bitcoin’s price by making safer bonds more attractive. An extended Iran war and an AI market correction could trigger a short-term BTC sell-off, while rising public debt could strengthen the debasement argument. Bitcoin’s changing relationship with traditional markets means the IMF’s scenarios may […]
Key Takeaways Britain’s High Court ruled Oct. 12 that Chinese law governs ownership claims involving more than 61,000 BTC. Zhimin Qian’s victims face another legal hurdle in their attempt to recover bitcoin worth roughly $5 billion. U.K. prosecutors secured a legal victory, but the High Court has not determined who ultimately owns the bitcoin. UK […]
Key Takeaways Trezor is cutting back its authorized reseller network starting Jan. 1, 2027, saying it wants fewer partners and greater control over how its hardware wallets reach customers. The decision comes after Ledger’s Oct. 9 security incident, in which attackers allegedly tampered with devices sold through a third-party reseller, resulting in an estimated $93 […]
Key Takeaways Strive bought 3,311 BTC for $280 million, its largest weekly purchase since January, bringing total holdings to 32,773 BTC. The purchase was funded largely by warrant exercises, generating approximately $208 million, alongside expanded preferred stock financing. Strive bought over 13 times more bitcoin than Strategy during the latest reporting period, though Strategy remains […]
Key Takeaways Bitcoin’s price recovered to $83,445 Tuesday after briefly falling below $81,000 amid heavy liquidations. JPMorgan Chase missed earnings expectations, while Goldman Sachs delivered a powerful trading quarter. Nvidia and other chipmakers faced selling pressure as Wall Street awaited Wednesday’s inflation report. Bitcoin’s Price Reclaims $83K as Wall Street Wobbles and Chip Stocks Take […]