Bitcoin

TLDR BlackRock and Metaplanet are buying Bitcoin during market dips BlackRock added 12,272 BTC ($742M) in 16 days, now holds 369,822 BTC Metaplanet purchased 108.99 BTC for ¥1 billion, now holds 748.50 BTC Recent Bitcoin […]

TLDR Bitcoin price dropped to around $60,000 after briefly rising above $63,000 Open interest has exceeded $18 billion, historically associated with major corrections Funding rates are slightly above the 200-day SMA, suggesting long traders still […]

TLDR Federal prosecutors recommend 18-month jail sentence for Heather Morgan (“Razzlekhan”) for her role in laundering stolen Bitfinex Bitcoin Morgan provided “substantial assistance” to the government, leading to a plea bargain She pled guilty to […]

TLDR: Bitcoin price declined below $61,850, now holding at $60,000 support Potential for further losses if price fails to rise above $61,250 resistance Trader suggests a large price move is imminent due to price compression […]

TLDR Babylon, a Bitcoin staking platform, completed its second staking round on October 8, 2024 Deposits increased from about 1,000 BTC to approximately 24,000 BTC ($1.5 billion) The staking round lasted for 10 Bitcoin blocks, […]

TLDR BlackRock views Bitcoin as a “gold alternative” for wealth protection Bitcoin’s limited supply makes it appealing as an inflation hedge Institutional investors are increasingly entering the Bitcoin market Ethereum is seen as a “technology […]

TLDR Bitcoin remains stable above $61,100 despite geopolitical tensions Significant whale accumulation of Bitcoin observed Bitcoin ETFs see outflows while Ethereum ETFs experience inflows XRP drops over 10% following SEC’s decision to appeal regulatory ruling […]

TLDR Ripple launches cross-border payment service in Brazil with Mercado Bitcoin IMF urges El Salvador to tighten Bitcoin regulations JPMorgan sees geopolitical tensions and US elections driving Bitcoin demand Bitcoin trading around $61,180, consolidating near […]

TLDR North Carolina Bitcoin community organizing search-and-rescue mission for Hurricane Helene victims 12-person team with vehicles and supplies to deploy on October 4 from Greensboro Focus on overlooked western NC communities with little state/federal support […]

TLDR Hut 8 paid off $38M loan from Anchorage Digital through stock conversion Conversion price was at 51% premium to recent average share price Hut 8 still carries around $290M in debt, including $150M convertible […]