Hut 8, a prominent Bitcoin treasury company, appears to be liquidating some of its holdings. Recently, the firm deposited 1,589 $BTC into multiple exchanges, valued at approximately $130 million, as noted by CryptoTwitter commentator @lookonchain. This action could impact market liquidity and trading strategies as traders assess the implications of such a significant transfer. The
Bitcoin is attempting to break through an “inflection frontier” that has historically triggered runs to new macro highs. Key points: Bitcoin ($BTC) may continue to new all-time highs if it successfully breaks through its 20-month moving average at $87,165, CryptoQuant reported. The market cycle signals metric showed $BTC/USD poised to reclaim this “inflection frontier,” which
Bitcoin trails its historical October pace at mid-month, with $BTC below its Oct. 1 open as $80.4K support and past late-month recoveries come into focus. Bitcoin entered October with an early advance, but the move has reversed sharply enough to leave $BTC behind its typical mid-month performance. CryptoQuant’s comparison shows Bitcoin sitting 3.2% below its
Bitcoin and $XRP rebounded and held upside momentum on Friday as Fed Chair Kevin Warsh declined to offer clues on whether the FOMC would hike rates again later this month. Stock and crypto markets plunged after hotter US CPI and PPI inflation data reinforced concerns of Fed rate hikes. Know when your coins moveAlerts, real-time
France-listed Bitcoin treasury company Capital B reported a net loss of 69.5 million euro ($78 million) for the first half of 2026, driven by a Bitcoin impairment charge of $75.8 million. The impairment reflected Bitcoin ($BTC) prices as of June 30 and had no direct cash impact, according to the company’s first-half 2026 report, published
Elon Musk-backed Tesla and SpaceX might announce a partnership in “weeks,” with Barclay analyst Dan Levy saying he thinks that a deal could be finalized before Tesla’s annual shareholder meeting. The meeting is scheduled to occur prior to Dec. 6, when investors will have the chance to decide on the proposed combination, Levy wrote. Know
US producer inflation exceeding expectations by one percentage point pushed Bitcoin to its lowest level in three weeks. $BTC later recovered to the $82,000 region. Bitcoin briefly fell below $80,000 after the US producer price index exceeded market expectations. $BTC lost approximately 1.8% of its value during the day, reaching its lowest level since September
What Did MSCI Actually Decide? On Oct. 15, MSCI published the results of its consultation on “non-operating companies.” These are firms that mostly accumulate and hold assets rather than run a business, and they will no longer be eligible for the MSCI Global Investable Market Indexes (GIMI). Trillions of dollars in passive money track those
Quick Take Balaji Srinivasan’s Network School acquired Farcaster‘s app, protocol repositories and related products from Neynar for undisclosed terms. Farcaster will become the Network State Protocol, with an opt-in social contract, planned human verification and a focus on forming physical communities. Balaji Srinivasan’s Network School acquired decentralized social network Farcaster from Neynar, The Block reported.
Quantus, Midnight, and seven other blockchain firms have formed a Quantum Alliance to fast-track post-quantum readiness across the industry. According to Christopher Smith, Founder and CEO of Quantus, the plan is to standardize post-quantum products that can easily be adopted across the crypto industry. He added, Know when your coins moveAlerts, real-time prices, and market