Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows

Citi’s $113,000 Bitcoin target would require a roughly 36% rise from the Oct. 7 reference price, keeping it below its previous record. The harder question is whether buying can sustain that recovery. Onchain analytics firm Glassnode’s fresh analysis shows new money entering the market alongside unusually thin trading. The bank raised its twelve-month Bitcoin forecast […]

Could This Be the Reason Behind Bitcoin’s Sudden Drop? The U.S. Government Moved an Incredible Amount of BTC

Approximately $1 billion worth of Bitcoin ($BTC) was transferred from a cryptocurrency wallet linked to the US government. According to data shared by blockchain analytics platform Arkham Intelligence, 12,267 $BTC were transferred from an address holding assets seized by the US government in connection with the Bitfinex attack. The transaction, worth approximately $1.01 billion, took […]

Over 6 million bitcoin sit behind exposed public keys as AI warnings mount

More than 6 million bitcoin $BTC$82,417.65 sit behind public keys already visible onchain, highlighting the scale of holdings potentially exposed if advances in AI or quantum computing undermine Bitcoin’s cryptography. Those coins represent 31.2% of circulating supply, roughly 5 to 6% above the low reached in 2023, according to Glassnode data. Glassnode co-founder Rafael Schultze-Kraft […]