Wintermute, a prominent cryptocurrency market maker, has deposited 590.9 Bitcoin ($BTC), valued at approximately $45.66 million, into Binance roughly an hour ago, according to blockchain tracking platform Onchain Lens. This latest transfer brings Wintermute’s total Bitcoin deposits to the exchange to 3,834.3 $BTC, worth around $256.8 million, over the past week. Context of the Transfers
As Bitcoin continues to spark debates following its sudden price breakout that has sparked curiosity about the trigger behind the surge, Metaplanet CEO has shared his thoughts on Bitcoin’s recent price action. While Bitcoin has been built as an alternative asset that operates separately from the traditional finance market, Metaplanet CEO Simon Gerovich believes Bitcoin
Riot Platforms entered 2026 with 3,977 $BTC pledged against a $200 million Coinbase loan. Bitcoin then fell far enough that the agreement required another 1,825 $BTC, taking the collateral balance to 5,802 in February. Those coins still belonged to Riot and sat in a segregated custody account under Coinbase’s lien. Riot couldn’t deploy them elsewhere
Since Monday, the 17th of August, Bitcoin [$BTC] has rallied by 22.9%. The leading crypto has moved from $62,900 to trade at $77,306 at the time of writing. This move was fueled by heavy buying pressure and capital inflow to the market, alongside enormous short liquidations. According to CoinGlass data, the crypto market witnessed $2.739
Bitcoin’s ($BTC) daily Relative Strength Index (RSI) has climbed above 80, marking its most overbought reading since November 2024. The move follows a ferocious multi-day rally that lifted the cryptocurrency from the low $60,000s to nearly $80,000, with the latest RSI reading signaling that a short-term pullback may be possible. The rapid ascent began on
Bitcoin enters the weekend within striking distance of $80,000, registering an intraday high at $79,500 on Aug. 21. The move caps the biggest weekly rally in two years, built on a rare combination. A surprise Treasury intervention, roughly $1.6 billion of spot ETF inflows, and billions of dollars in forced short liquidations all landed together.
As Bitcoin continues to move upwards amid the broad crypto market recovery, one of its vocal advocates, Samson Mow, has shared an unpopular opinion about Bitcoin’s momentum over the years. In a recent post shared on X, Samson Mow declared that Bitcoin is yet to experience its first real bull run, sparking discussions across the
Bitcoin is facing fresh correction risk after a sharp sell-off pushed $BTC from above $79,000 toward $77,000. The move triggered roughly $547 million in crypto liquidations before buyers stepped back in. $BTC was trading around $77,291, down 0.43%, at the time of writing. The pullback came after Bitcoin reached about $79,500, its highest level in
Bitcoin faces a critical test at $76,000 after bearish divergence raised the risk of a short-term correction across the crypto market. However, its monthly structure still supports major upside scenarios if $BTC resumes its recovery and avoids a deeper Fibonacci retracement. Bitcoin Long-Term Chart Keeps Higher-Price Scenarios in Play Bitcoin’s monthly chart presents a much
Danish investment bank Saxo Bank said in a report released yesterday that Bitcoin is undergoing a revaluation as a scarce non-sovereign asset, potentially emerging as a hedge against currency debasement. The analysis, led by Neil Wilson, points to a convergence of technical momentum, regulatory progress, and macroeconomic tailwinds driving the shift. Macro Pressures and the