The U.S. government has moved a small amount of Bitcoin seized from Alameda Research accounts on Binance.US. Blockchain analytics firm Arkham flagged the transaction on Aug. 26, saying the Bitcoin came from funds seized from Alameda accounts at Binance and Binance.US roughly three years ago. Arkham did not say that the transfer represented a sale,
Stacks, a Bitcoin layer-2 project, has announced it will reveal its second institutional participant in Bitcoin staking this week. The disclosure follows the earlier participation of UTXO Management, a Bitcoin-focused asset manager and subsidiary of Nakamoto (NAKA), which became the first institution to join Stacks’ Bitcoin staking initiative in May. Context and Background The Stacks
In brief Bitcoin is holding near $78,000 after a hot PCE inflation reading knocked it back from an $81,000 high, with a $6.4 billion options expiry, Fed Chair Kevin Warsh’s first Jackson Hole speech, and Nvidia earnings all landing within 48 hours of each other. The CME FedWatch tool now prices a 38.4% chance of
Bitcoin fell below $78,000 after its breakout above $81,000 reversed, triggering a wave of long liquidations as traders took profits and bullish leverage unwound. Strong US spot ETF inflows, however, suggest underlying demand has not disappeared. Bitcoin price retreats after $81K breakout Bitcoin’s pullback followed a round of profit-taking and an increase in leveraged long
Investment bank Bernstein today released a major report forecasting Bitcoin’s rise to $150,000 by mid-2027 and $300,000 by 2029, driven by the sovereign debt crisis and institutional demand. However, Capriole Investments founder Charles Edwards argues that this historic scenario is realistic only if Bitcoin Core developers implement quantum-resistant cryptography in time. According to his estimates,
Bitcoin ($BTC) slipped under $78,000 following Wednesday’s Wall Street open after US inflation data came in above expectations. Key points: Bitcoin sees further downside after US PCE inflation data came in 0.1% higher than expected in July. Markets await Nvidia Q2 earnings release as Wednesday’s next potential volatility catalyst. $BTC price analysis warns over 25%
A new Bitcoin ($BTC) transfer has occurred in a cryptocurrency wallet reportedly belonging to the US government. According to data from the blockchain analytics platform Arkham Intelligence, a government-linked address moved a small portion of Bitcoin, seized from Alameda Research accounts on Binance US approximately three years ago, to another address. Although the transaction size
Cathie Wood’s flagship fund has spent more than a decade failing to beat her two most obvious benchmarks. Her multi-billion dollar ARKK fund, which launched on October 31, 2014, has trailed the S&P 500’s total return, and $BTC, since inception. Even investors who might have tried to time their entries and exits out of Wood’s
Cryptocurrency analytics company Glassnode stated that the strong recovery in Bitcoin from its mid-August lows is driven by the year’s largest ETF inflows, Bitcoin outflows from exchanges, and widespread accumulation by investor groups. According to the company, the most significant obstacle Bitcoin needs to overcome to reach its January peaks is the high supply zone
Bitcoin has surged back toward the top of its multi-month range, but the $80,500-$83,000 region now stands between $BTC and a confirmed bullish breakout. Two daily-chart setups suggest the rally can ultimately extend higher, although both leave room for consolidation or a deeper pullback before buyers attempt the next major leg. Bitcoin Fractal Signals Chop