Bitcoin’s summer melt-up has come to an abrupt halt. The benchmark cryptocurrency slipped from an intraday peak above $119,000 late Thursday to trade as low as $115,800 in European morning hours, its weakest print in a fortnight. The 2.7 percentage-point slide followed an unmistakable on-chain signal: Galaxy Digital quietly pushed more than 10,000 BTC—worth about…
Galaxy Digital has transferred a massive 17,123 BTC, worth $1.98 billion, to multiple centralised exchanges in the past 12 hours. Lookonchain reported Friday that the digital asset firm initially sent over 10,000 Bitcoin to exchanges in the past 8 hours. The transfer comes after Galaxy Digital received more than 80,000 Bitcoin from a Satoshi-era whale…
Luxury brokerage Christie’s International Real Estate, affiliated with the renowned Christie’s auction house, has unveiled a dedicated crypto division. The firm has created a specialized team of lawyers, analysts, and crypto experts to handle digital asset transactions, the New York Times reported on Thursday. Christie’s CEO Aaron Kirman said that the division was launched after…
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 crypto market is flashing bearish signals today amid a sharp sell-off. Overall, the market has dropped 6.9%, with Bitcoin sliding to $115.5K, a notable pullback from its all-time high of $123K recorded on July 14. Ethereum has broken below the key $3,600 support level, while XRP is hovering just above $3, down nearly 4%…
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…
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…