Bitcoin may be replaying a market structure that historically preceded one of its most powerful rallies. A high-timeframe trader has identified a fractal that closely mirrored Bitcoin’s behavior ahead of the 2021 bull run. He argues that the current cycle is unfolding in line with a well-established structural script observed across multiple market cycles spanning
The American fast-food chain has made a $10 million Bitcoin purchase for its Strategic Reserve to deepen the integration of the cryptocurrency into its business. Steak ’n Shake made the announcement on Saturday through the company’s official X account, eight months after it began accepting Bitcoin payments in its US restaurants. The rollout began in
The CEO of Jan3 and long-time advocate for Bitcoin, Samson Mow, stirred discussions across the crypto community again following his confidence about Bitcoin’s long-term potential. On Saturday, Jan. 17, Samson Mow took to X to make a bold and ultra bullish statement for Bitcoin, underestimating the common 10x projections from analysts. Bitcoin to surpass 10x
Sentora’s terse X post on Friday cut to the chase: “This week saw a massive shift towards BTC accumulation with -$1.65 billion in net outflows from exchanges. This indicates a strong preference for cold storage holding, effectively creating a supply shock that removes significant liquidity from the sell-side order books.” The datapoint, echoed by the
A Bitcoin user lost funds after sending cryptocurrency to a compromised wallet that used a transaction identifier from a coinbase block reward as its private key. Summary A Bitcoin user sent 0.84 BTC to a compromised wallet whose private key was derived from a block 924,982 coinbase transaction identifier, exposing it to theft. Automated programs
Strategy chairman Michael Saylor defended Bitcoin treasury companies against criticism during a recent appearance on the What Bitcoin Did podcast. Responding to questions about smaller companies that issue equity or debt to buy Bitcoin (BTC), Saylor said the decision ultimately comes down to capital allocation, arguing that companies with excess cash are better off allocating
Crypto analyst TARA has predicted that the Bitcoin price will still rally despite bearish signals that have surfaced. She highlighted why the flagship crypto could reach this level and what could happen once it touches the price target. Analyst Predicts Bitcoin Price Surge To $99,000 In an X post, TARA opined that the Bitcoin price
Yesterday, someone sent bitcoin (BTC) to a compromised wallet that used the transaction identifier (txid) of a coinbase block reward as a private key. Incredibly, the txid of the coinbase of block 924,982 is the private key of a wallet. A bot feeding frenzy commenced. “I’d really like to know why that happens,” wrote an
Claims that Bitcoin (BTC) seized by the US government was being sold have been officially denied. Patrick Witt, Executive Director of the White House Digital Assets Advisory Committee, stated, based on official confirmation from the U.S. Department of Justice (DOJ), that the digital assets seized in the Samurai Wallet case have neither been liquidated nor