And a Whale Gave Up: Sold All the Bitcoin It Had Accumulated Last Year at a Loss—Here’s the Average Purchase Price and Loss

According to on-chain data, a large Bitcoin whale completely closed its position of 1,105 $BTC today, which it had held for approximately 7 months. The current value of these Bitcoins is estimated at around $69.43 million, meaning the whale incurred a loss of $26.9 million from this transaction. According to the data, the whale withdrew […]

Binance Founder CZ: “If Satoshi Nakamoto Doesn’t Move His BTC, His Coins Should Be Frozen”

Binance founder Changpeng Zhao (CZ) made noteworthy statements regarding how Bitcoin ($BTC) could be protected against quantum computers in the future and how the $BTC believed to belong to Satoshi Nakamoto should be handled. Appearing on the Galaxy Brains podcast hosted by Galaxy Research President Alex Thorn, CZ stated that quantum computing is not an […]

Kevin Warsh Still Needs to Manage the Dollar, While Bitcoin Runs Automatically

Kevin Warsh chaired his first Federal Open Market Committee meeting this week and immediately showed his hawkish colors. Rates stayed steady, but the new Fed Chair made it clear he intends to prioritize price stability and reduce loose forward guidance. While Warsh is focused on managing the dollar’s ongoing challenges, his debut actually highlights something […]

What Is Bitcoin’s Next Target? There Is a Significant Concentration of Gamma at a Certain Price Level

Glassnode reported that Bitcoin ($BTC) has retreated to a critical support zone after retesting its February lows. According to the analysis, while the $BTC price remains near important technical levels, the pricing of future uncertainty in the options market has weakened significantly. Data shows that Bitcoin’s one-week implied volatility has fallen from approximately 60% to […]