One of the biggest mysteries in finance is not just who Satoshi Nakamoto is—it’s why the anonymous creator of Bitcoin, who sits on one of the largest personal fortunes in history, doesn’t appear on any billionaire rankings. Forbes, the publication that made “The World’s Billionaires” list a cultural touchstone, has quietly drawn a line in
Recent on-chain data analysis indicates that Bitcoin has undergone a typical price correction within a normal range and is nearing an oversold state. CryptoQuant analyst Darkfost released his analysis on Wednesday, noting that the price had adjusted for two weeks following its all-time high of $123,000, dropping about 12%. He says this movement is well
Key Takeaways Gold reached a record $3,508 and Bitcoin topped $110,000 as traders expect the central bank to lower interest rates in September. Crypto and gold markets surged, driven by a nearly 90% probability traders assign to an imminent Fed rate reduction. Gold notched a fresh high of $3,508 in Asian trading on Tuesday, while
Bitcoin exchange-traded products (ETPs) now hold almost 1.5 million BTC, accounting for 7% of the maximum Bitcoin supply. Wealth management analyst Nate Geraci shared the milestone, noting the sizable impact of the exchange-traded funds (ETFs). According to the data shared by Geraci, Bitcoin spot ETFs and ETPs hold a total of 1,474,606 Bitcoin as of
Bitcoin (BTC) has fallen nearly 10% since its August 14 peak above $124,000, slipping below $110,000 multiple times amid weakening institutional demand. In hindsight, the drop is not so surprising: September is known across equities markets as a poor month for returns and is also known as BTC’s weakest month, yielding average returns of -3.8%,
Bitcoin is staging a modest rebound after last week’s sharp selloff, with analysts pointing to short-term traders as the main drivers of the correction while long-term holders continue to sit tight. Summary Bitcoin price corrected 12% from its $124,000 peak, driven mainly by short-term profit-taking. Long-term holders avoided large selling, signaling confidence in the bull
The big question for bitcoin BTC$110,673.26 is whether the basis trade, an attempt to profit from the difference between the spot price and the futures market, will return if the Federal Reserve cuts interest rates on Sept. 17. There’s a 90% chance the Federal Open Markets Committee will cut the federal funds target rate by
Bitcoin price has staged a short-term recovery. After rebounding more than 2% in the past 24 hours, the move has erased the week’s losses, leaving BTC flat on the seven-day chart. Over the past three months, gains have remained capped below 5%, but the yearly trend still shows strength with an 80% rise. Now, a
September has historically been Bitcoin’s weakest month. Adding to the concern, analysts point out that rare death cross signals have just appeared across major timeframes. A death cross occurs when a short-term moving average or indicator falls below a longer-term one. It often signals the start of a bearish trend. While these signals do not
Bitcoin exchange-traded products (ETPs) now hold more than 1.47 million Bitcoin, amounting to 7% of the cryptocurrency’s maximum 21 million coin supply. US-based exchange-traded funds for Bitcoin (BTC) have scooped up the largest share, with their holdings exceeding 1.29 million BTC held across all 11 funds as of Sunday, Aug. 31, according to data shared