As of October 8, SpaceX (NASDAQ: SPCX) holds 18,712 Bitcoin ($BTC) on-chain, custodied through Coinbase Prime and worth $1.55 billion. According to Arkham Intelligence, which was the first to identify the relevant addresses, SpaceX held the exact same number of $BTC following its initial public offering (IPO), although the position was then valued at significantly
Bitcoin price is under renewed selling pressure after another failed attempt to push through the upper end of its recent range. $BTC has now slipped toward $82,600, with the latest decline coming as ETF demand reverses, oil prices surge and Treasury yields climb to multi-decade highs. On-chain data adds another layer: short-term profitability has cooled
Bitcoin has fallen nearly 5% this week as weak trading volume and profit-taking blunt attempts to reclaim $85,000. The largest cryptocurrency traded around $83,100 as of press time, extending a retreat that followed Sunday’s brief close above the key level. Bitcoin has since failed to sustain that breakout, slipping beneath newly placed sell orders before
About 100 bitcoin $BTC$82,594.87 mined when the cryptocurrency traded for pennies moved late Wednesday after sitting untouched for more than 16 years, carrying a value of roughly $8.5 million at current prices. The 100.02 $BTC arrived at an address on July 30, 2010, and remained there until a transaction confirmed at 18:52 UTC Wednesday, according
Bitcoin, the leading cryptocurrency, had been trading sideways for some time, but recent market developments increased selling pressure. The price of $BTC fell to levels around $82,000. At this point, activity in US government-linked wallets and tensions around the Strait of Hormuz pushed oil prices above $100, putting pressure on global risk appetite and increasing
Bitcoin ($BTC) price gains do not yet reflect enough new capital entering the market, analysis warns. Key points: Rolling 30-day cumulative inflows of “new money” to Bitcoin reached $4.9 billion on Oct. 5, per Glassnode data. Existing investors still accounted for three-fifths of the $12.8 billion growth in realized cap in that period. Short-term holders
Bitwise CEO Hunter Horsley argued that the long-running downturn in the cryptocurrency market has come to an end. Horsley predicted that Bitcoin (BTC) could reach a new all-time high in 2027. In an interview with CNBC, Horsley assessed the current state of the cryptocurrency market, noting that many investors who wanted to sell during the
Bitcoin-backed finance is maturing beyond trading and increasingly resembles traditional lending. Loans taken by locking up bitcoin $BTC$82,848.71 as collateral are increasingly used to fund real-world expenses such as tuition fees, slow months, and business cash, according to two long-standing lenders. “What I am seeing, both in the conversations I’m having and in the data,
Bitcoin [$BTC] has been in a strong uptrend over the past month or so, but that seems to be taking a break. The bears who formed a sell wall between $87,000 and $91,000 appear to have won the contest in this zone. That said, leveraged short orders, ETF outflows, long liquidations, and US government potential
Bitcoin fell 1.6% to just under $82,800 as of Thursday Asian morning hours. Oil jumped on a report that the White House asked the Pentagon for strike options against Iran, pushing Treasury yields back toward their highest since 2002. XRP led the losses among the majors, down nearly 4% to about $1.42. DOGE slid 3%