Ripple is set to unlock 1 billion XRP from escrow on September 1 as part of its long-running monthly release program, placing over $1 billion worth of tokens back under the company’s control. The scheduled release comes as XRP continues to trade above the psychologically important $1 level, consolidating after its recent rally in line […]
Bitcoin, the leading cryptocurrency, has experienced a significant surge in recent days, climbing from $62,000 to over $81,000. Whales were the biggest buyers during this rise, and there was a clear divergence between the actions of large and small investors. According to on-chain data shared by CryptoQuant writer Woo Minkyu (using a pseudonym), large wallets […]
After months of decline, August offered a glimpse that the cryptocurrency bear market might be at its end, as rising digital asset prices led to a large increase in the number of addresses holding more than $1 million worth of Bitcoin (BTC). Specifically, data compiled by Finbold and retrieved from BitInfoCharts, as well as from […]
Strategy MSTR$129.49·At close made its first bitcoin purchases since late June, adding 4,603 coins for $369.7 million last week, or an average price of $80,318 each. The acquisition was funded via the sale of $602.8 of common stock, according to a Monday morning press release. The remaining proceeds went toward $151.8 million in buybacks of […]
Metaplanet, a Japan-based Bitcoin-focused company, has made headlines in the cryptocurrency market with a recent Bitcoin transfer. According to data from the on-chain analytics platform Lookonchain dated August 31st, the company sent a total of 2,400 Bitcoin to Coinbase Prime within the last three hours. The total value of the transferred Bitcoins at the time […]
After jumping past $79,000 on Sunday evening, bitcoin entered the new business week on the wrong foot, slipping below $77,000 in an hour or so as geopolitical tensions returned to financial markets. The decline came amid renewed fighting between the United States and Iran, following nearly a month of relative calm as the US reportedly […]
Michael Saylor, founder of Strategy, a company known for its institutional investments in Bitcoin, signaled that his firm might buy Bitcoin again. Saylor attracted market attention by simply sharing the phrase “We’re ₿ack” on his social media account. The use of the Bitcoin symbol in the post was interpreted as an indication that Strategy, led […]
Geopolitical stress is back in the market, lifting oil higher. Still, bitcoin $BTC$77,528.67 is trading steadily during Asian hours, showing resilience and outperforming gold and stocks, a recurring theme through August. Oil prices rose on both sides of the Atlantic after the U.S. attacked an Iranian island in the Strait of Hormuz, a major oil […]
Across major futures venues, 695,020 $BTC in open interest translates to $54.82 billion, according to this weekend’s derivatives data from Coinglass. Aggregate open interest slipped 0.26% over one hour and 0.38% over four hours, but remained 1.15% higher over the last day. That combination looks more like traders shaving exposure around the edges than heading […]
Dormant Bitcoin Awakens After a Month of Wallet Security Scares It all began on July 30, when Bitcoin.com News covered the initial accounts of losses stemming from the Coldcard firmware exploit, with the eventual tally climbing to around 2,000 $BTC. At the same time, this past month, two hardware wallet manufacturers, Safepal and Trezor, disclosed […]