Bitcoin Whales Sell 147,000 BTC Since August, Fastest Selloff Of Cycle

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Bullish Divergences Push BTC to $113K As Whales Sell Supply

Key takeaways: Bitcoin bounced to $113,900 after testing weekly lows, fueled by bullish divergences. Whale-sized entities have sold 147,000 BTC since August, signaling supply pressure. Bitcoin options implied volatility hit multi-year lows, hinting at a potential explosive move. Bitcoin (BTC) staged a swift recovery to $113,900 on Wednesday after sweeping below Monday’s low of $111,500 and briefly testing the $111,000 mark on Binance during the Asia trading session. The bounce signaled an early attempt at mid-week recovery, supported by emerging bullish signals on the charts. Bitcoin six-hour chart. Source: Cointelegraph/TradingView…

ETHEREUM GOING TO $80,000!?

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Juizi Holdings Stock Surges Over 25% After Announcing $1B Bitcoin Treasury Plan

Key Notes The electric vehicle technology company will establish a Crypto Asset Risk Committee under CFO leadership for oversight. Stock price surged nearly 80% this week following the cryptocurrency treasury announcement and strategic hiring decisions. This move aligns with growing corporate adoption trends, including recent mergers creating major Bitcoin holding entities. Chinese EV technology firm Juizi Holdings’ board has authorized the use of up to one billion dollars in company funds toward a cryptocurrency treasury. According to a Sept. 24 press release, Juizi’s treasury investments will be limited to Bitcoin…

Trump’s CFTC Chair Pick Faces Uncertain Future as Other Candidates Vetted

Former US Commodity Futures Trading Commission (CFTC) member and US President Donald Trump’s pick to chair the agency, Brian Quintenz, may not face a vote in the Senate after reports suggested Trump was considering other candidates for the job. According to a Wednesday Semafor report, the Trump administration was vetting Josh Sterling, a former director at the CFTC’s market participants division, to chair the agency as Quintenz’s nomination reportedly stalled. Sterling, who worked at the CFTC from 2019 to 2021, was appointed to his position during the first Trump administration…

Bitcoin is up while S&P 500, Nasdaq are down: Midday Update

The S&P 500 and Nasdaq both dipped around midday Wednesday, while Bitcoin surpassed $113,800 at last check. Summary Major U.S. indexes slipped at midday: Nasdaq -0.53%, S&P 500 -0.37%, Dow Jones -0.17%. Alibaba jumped 7.34% after unveiling plans to exceed its $50B AI spending budget, fueling Wall Street optimism on AI. Micron fell 3.9% despite beating earnings, while gold held record highs and cryptocurrencies stalled. Bitcoin (BTC) swung near the $113,800 price level, according to CoinGecko. See below. Source: CoinGecko Nasdaq is down 0.53% in midday trading. The benchmark index…

First Australian SOL Treasury Plans $100M Buy

The fitness industry loves transformation stories, but Australian firm Fitell Corporation set a high bar with its own makeover. The company recently announced a major pivot: the establishment of Australia’s first Solana-based digital asset treasury. To support this strategy, Fitell secured up to $100M via a convertible financing facility, with $10M immediately committed to acquiring $SOL tokens. All this institutional attention to Solana is bound to shake the $SOL ecosystem (in a good way), and best altcoins like Snorter Token ($SNORT) could be the next 1000x crypto in the upcoming…

Coinbase stock sinks following earnings, analyst talks results & the future of tokenization

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase (COIN) shares are falling sharply after posting Q2 results that showed revenue fell short of expectations. Mizuho Americas senior financial technology analyst Dan Dolev breaks down the quarter and what he thinks was missing from the results. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: #youtube #stocks #crypto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information…

Solana Eyes $300 Amid Institutional Treasury Boom

Key Notes Nasdaq-listed Fitell Corporation announced the launch of its Solana treasury. The company secured a financing facility of up to $100 million to boost this new move. It’s launching the SOL treasury with an initial investment of $10 million. All odds appear to be in favor of a potential Solana SOL $215.1 24h volatility: 2.0% Market cap: $116.89 B Vol. 24h: $9.20 B price breakout. This ranges from the broader growing institutional adoption of the coin, as shown in treasury reserve moves for Solana. With the massive accumulation of…