Tag: btc

BTC whale awakes after 13 years; onchain data sheds light

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto presales like Propichain gain traction as BTC hits new highs, with a $3.67M whale possibly joining the presale. Crypto presale coins like Propichain (PCHAIN) are at the top of current market news as BTC’s new all-time high has boosted investor interest.  A dormant BTC whale has shaken the market with a $3.67 million coin transfer. Yet, analysts say this whale might be headed to Propichain’s crypto presale. Read on…

Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment 

Based on blockchaincenter.net’s “there is no second best” index—drawing from Michael Saylor’s well-known remark—Microstrategy’s strategy of purchasing bitcoin outshines what the company would have gained if it had opted for ethereum instead. Microstrategy’s Bitcoin Holdings Deliver, Leaving Ethereum Alternatives Behind Over the past month, bitcoin has held its own, but ethereum (ETH), the second-largest cryptocurrency […] Source CryptoX Portal

$800 Million Set For Liquidation If BTC Reclaims This Price

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Este artículo también está disponible en español. Bitcoin (BTC) has been on a tear recently, hitting multiple all-time highs (ATH) levels since Donald Trump emerged victorious in the 2024 US presidential elections. Although the top cryptocurrency has witnessed a slight pullback in the past 24 hours, rebounding to an earlier price level could spell trouble for the bears. Bitcoin Bears Could Be Under Trouble According to analysis shared by crypto analyst Ali Martinez on X, more than $800 million is at risk of liquidation if the flagship digital asset reclaims…

Bank Clients Just Dipped Their Toes Into Bitcoin (BTC) ETFs, but Q4 Could See a FOMO Spike

Other top-tier banks/wealth management operations, including Morgan Stanley, Cantor Fitzgerald, Royal Bank of Canada, Bank of America, UBS and HSBC, didn’t add to or subtract much from their positions. A new entrant was Australian investment bank Macquarie Group, which purchased 132,355 shares of IBIT worth $4.8 million. Wells Fargo, which has a very minor stake in the ETFs, held most of its shares in the Grayscale Bitcoin Trust (GBTC) and Grayscale Bitcoin Mini Trust (BTC). Source

Satoshi-era Bitcoin wallet moves 2,000 BTC for the first time since 2010

A wallet that first received coins in the early years of Bitcoin has moved 2,000 BTC for the first time since 2010. The Bitcoin (BTC) wallet, which falls under the so-called “Satoshi-era wallets”, moved the BTC worth nearly $180 million to U.S.-based crypto exchange Coinbase on Nov. 15. According to Lookonchain, on-chain data shows the whale hodled for 14 years. That means the miner held on from when Bitcoin price hovered below 10 cents. Now, with rapid adoption, the coins mined when BTC creator Satoshi Nakamoto was still active online…

This OG Bitcoin (BTC) Investor Just Turned $120 Into $178M

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The trend of more of the older wallets that held bitcoin from its early days coming out of the woodwork could continue, as they might be able to bag massive profits at current price levels. Such moves could limit any additional price upside, even though some traders are still optimistic that bitcoin could reach $100,000—a key psychological level of resistance—by year-end. Original

Bitcoin ETFs See Third Highest Outflow Since Launch, the Other Two Times Was Just Before BTC Price Bottoming

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Since the launch of the ETFs, Thursday was the third worst day for the bitcoin-linked products. Interestingly, the other two times the ETFs saw outflows of over $400 million was on Nov. 4 ($541.1 million), just prior to the U.S. election, and May 1 ($563.7 million). On Nov. 4, bitcoin bottomed around $67,000 before going on a tear all the way to over $93,000. While the May low coincide with a bottom at just under $60,000. Original

Is Bitcoin (BTC) Price on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares

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“A typical indicator is the implied probability distribution: whether it is MSTR, COIN or Deribit’s BTC options, the implied probability distribution of different expiration dates has shown a significant left shift,” Griffin Ardern, head of options trading and research at crypto financial platform BloFin, told CoinDesk in a Telegram chat. “It seems that traders have an implied consensus that the prices of BTC and altcoins are still high, and more pullbacks may be on the way.” Original