South Korean prosecutors have sold 320.8 Bitcoin recovered after a phishing incident temporarily removed the crypto from government custody. The Gwangju District Prosecutors’ Office said it sold 320.8 Bitcoin (BTC) at market prices and transferred 31.59 billion Korean won (about $21.5 million) to the national treasury, The Chosun Ilbo reported Tuesday. Authorities reportedly sold the
Bitcoin’s $BTC$70,816.15 recent dip triggered heavy trading activity, with nearly 600,000 $BTC changing hands in the $60,000–$70,000 range, according to blockchain data tracked by Glassnode. In other words, traders went bargain hunting, snapping up nearly 600,000 $BTC ($42.48 billion) in this price band during the correction. Of these, more than 200,000 $BTC were accumulated in
Crypto markets are entering a cautious holding pattern as traders prepare for the upcoming U.S. Consumer Price Index (CPI) report, a key macroeconomic indicator that could shape expectations for interest rate policy and risk asset performance. Summary Bitcoin is consolidating near $70,000 ahead of the upcoming U.S. CPI inflation report. Technical indicators show moderate accumulation
Bitcoin price today trades near $70,776, up 3.43%, as easing geopolitical tension gives buyers enough cover to push the price back above $70,000. The macro backdrop shifted meaningfully overnight. Oil prices, which had surged to nearly $120 a barrel on fears of prolonged Middle East supply disruption, dropped sharply to around $93 after President Trump
Bitcoin’s Estimated Leverage Ratio on Binance has dropped to 0.152, suggesting a rapid deleveraging across the derivatives market. Rising tensions between the United States and Iran following joint US-Israeli strikes on February 28 have rattled global markets. Oil prices and risk assets have faced volatility, with investors turning risk-off. Bitcoin Leverage Reset Points to Risk-Off
In a recent tweet, crypto analyst Vivek Sen shared recently disclosed analytics data, revealing that Bitcoin balances across various crypto trading platforms have been running drastically low. Binance Research has published a similar post, but it tracks a much shorter period than the chart shared by Vivek Sen. Bitcoin supply on exchanges hits all-time low
Economist Peter Schiff, in a recent post on X, revealed what he believes is the main vulnerability in Michael Saylor’s Bitcoin strategy, which he bluntly called a “Bitcoin pyramid.” At the center of the discussion is the instrument STRC — Stretch Preferred Stock — which, according to Schiff, could become the reason for the first
Financial author and investor Robert Kiyosaki has again warned about the possibility of a major global market downturn. In a recent message shared on X, he encouraged individuals to prepare by holding assets such as gold, silver, Bitcoin, Ethereum, and stakes in real oil wells. His latest remarks echo warnings he has repeated for years
Exchange outflows reduce available Bitcoin, tightening the market. Easing Iran tensions boosts investor confidence and trading activity. Traders and institutions step in, supporting the price during dips. Bitcoin ($BTC) has rebounded above $70,000 amid easing impact from the ongoing war between Iran, the United States and Israel. At the start of the war, the cryptocurrency
The Winklevoss twins transferred $130 million in Bitcoin ($BTC) to Gemini hot wallets over one week, with blockchain analytics firm Arkham Intelligence flagging the moves as likely preparation for sale. Cameron and Tyler Winklevoss co-founded Gemini, a US-based crypto exchange, after purchasing $BTC early using proceeds from their $65 million Facebook settlement. Why it matters: