A Bitcoin whale from 2011 has suddenly come alive, moving 3,962 BTC. Here’s how much profit the OG made on their ancient stack. Bitcoin Whale Has Shown Movement After 14.5 Years Of Silence In a post on X, on-chain sleuth Lookonchain pointed out how a Bitcoin whale wallet silent since 14.5 years ago finally broke…
The Bitcoin short-term holder balance has often shown shifts near market tops and bottoms. Here’s what the metric’s trend is signaling right now. Bitcoin Short-Term Holder Balance Hasn’t Seen Any Major Shifts Recently In a new post on X, institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has shared a chart that shows how the holdings…
Bitcoin (BTC) may be on the cusp of another rally, as leading cryptocurrency exchange Binance saw its spot volume rise from around 40% on July 15 to as high as 60% on July 18. Historical data suggests that surges in Binance’s spot market share have frequently preceded upward movements in BTC’s price. Bitcoin Rally Imminent?…
Satsuma Technology, a London-based Bitcoin (BTC) treasury management and AI-driven decentralized finance (DeFi) firm, announced today that it has raised more than 100 million British pounds – approximately $135 million. UK Firm Raises Funds For Bitcoin Acquisition Earlier today, Satsuma Technology – formerly known as TAO Alpha PLC – confirmed the successful completion of a…
Bitcoin continues to trade below its record high set earlier this month, hovering above the $119,000 mark. While price action over the past week has shown only a modest 0.3% gain, analysts suggest the market may be nearing a turning point. The sideways movement in price has not deterred the broader bullish outlook, but on-chain…
Bitcoin continues to consolidate just below the $120,000 mark, exhibiting restrained momentum despite previous rallies that pushed it to all-time highs above $123,000. Over the past 24 hours, the cryptocurrency has fluctuated between a low of $117,422 and a high of $119,197, ultimately trading at $118,578 at the time of writing. While price movement has…
Jack Mallers, founder of Strike, argued in a video shared on X that a structurally higher Bitcoin price is emerging as a necessary component of US fiscal management, linking the growth of stablecoins to demand for US government debt. Framing the newly introduced GENIUS Act stablecoin legislation as “a seminal moment for digital assets and…
Strategy, the corporate entity behind the world’s largest Bitcoin treasury, has expanded its latest preferred stock offering to $2 billion, according to a report from Bloomberg on Thursday. The firm, helmed by executive chairman Michael Saylor, had initially planned to raise $500 million through the offering. The increase comes as investor interest continues to gain…
Bitcoin has become a major topic of the day among several prominent figures and businesses in the crypto and financial sectors. While continuously flagged digital gold, the crypto king is predicted by many popular figures to reach the $1 million price mark in the following years. A Bitcoin Million-Dollar Moment Imminent After a period of steady upward…
Bitcoin has remained trapped in a tight range between $115K and $120K for the past 10 days, signaling an extended phase of price compression. With bulls unable to push the price above the $120,000 resistance, analysts are increasingly warning that a correction may be imminent. The coming days are expected to be decisive, as both…