The Royal Government of Bhutan is once again making noteworthy crypto moves. According to data provided by blockchain analysis platform Arkham Intel, the Bhutanese government transferred 517 Bitcoin (BTC), valued at roughly $59 million, to a new wallet earlier this week. The receiving address performed a test transaction on Binance just one day before receiving
Today is 15 years since the mysterious Bitcoin creator, Satoshi Nakamoto, made an important statement about the future of BTC and crypto exchanges. Major crypto analytics X account Crypto Rand has issued a reminder to the global crypto community about this. Satoshi Nakamoto’s prediction about Bitcoin and exchanges The aforementioned crypto X account shared an
U.S. president Donald Trump is set to sign a an executive order that aims to allow cryptocurrency, private equity and real estate in 401(k)s, according to Bloomberg. While the details of the directive remain under wraps, sources familiar with the matter told Bloomberg that the order would direct the Department of Labor to ease fiduciary
Bitcoin ETFs ended a four-day streak of outflows Wednesday, pulling in $91.6 million according to data from Farside Investors. The reversal suggests renewed investor confidence despite last week’s pullback and string of outflows, analysts told Decrypt. This week’s CoinShares Digital Asset Fund Flows report, published Monday, speculated that last week’s outsize outflows were likely a
Samson Mow, a vocal Bitcoin maximalist and the CEO at JAN3, has called on the global Bitcoin community to sign a petition on Change.org that urges the vandalized Satoshi statue in Switzerland to be restored. Mow wonders if the petition has reach the first necessary milestone of 1,000 signatures today. Community wants to have Satoshi’s
Bitcoin price is attempting to recover above the $114,200 zone. BTC is now consolidating and might attempt to clear the $115,500 resistance zone. Bitcoin started a recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with
On-chain metrics are flashing potential signs of stabilization for Bitcoin as profit-taking activity declines amid uncertainty in global markets. Bitcoin’s quick ascent to its all-time high of $123,000 in July has created an “air gap” of thin supply, extending from $110,000 to $117,000, according to Glassnode’s report on Wednesday. Still, Bitcoin is seeing demand from
Bitcoin’s (BTC) volatility meltdown continues as the cryptocurrency remains stagnant, with slow price action between $110,000 and $120,000. The cryptocurrency’s 30-day implied volatility, as represented by Volmex’s BVIV index, fell to an annualized 36.5% late on Wednesday, reaching levels last seen in October 2023, when BTC was trading below $30,000, according to data source TradingView.