A wallet associated with LuBian, a significant Bitcoin mining pool that was hacked in December 2020, moved BTC on Wednesday, ending three years of dormancy. The wallet labelled as “39DUz” moved 9,757 BTC, worth $1.1 billion, to two new addresses, “34kn9z…s9tef” and “bc1q4c…77s0,” respectively, according to analytics firms Peckshield and Lookonchain. It remains unclear whether
Bitcoin had been on a roll, hitting a new high of over $126,000 at the start of last week. But then on Friday, markets suffered a shock following the latest Trump trade war move: A threat of “massive” new tariffs on China. Following President Trump’s social media post, the result was nothing short of catastrophic,
Jim Cramer has entered the chat again, and once again the market audience cannot decide whether to take him as a warning or a contrary indicator. “It’s finally happening,” he wrote on X, pointing to the crypto market’s sudden spillover into the S&P 500. According to Cramer, “the crypto/spec tail is wagging the S&P dog
For years, Bitcoin was seen as digital gold, but the latest numbers suggest this comparison may be losing credibility. Bloomberg strategist Mike McGlone sums it up straight: the ratio between Bitcoin and gold is changing fast and could be the first sign of what he calls a great reset. When it comes to data, the
Bitcoin’s rally past $110,000 had traders convinced the bull market was unstoppable. But in just days, that confidence cracked. A mix of global politics and technical weakness has triggered one of the sharpest pullbacks in months. Beijing’s new sanctions on five U.S. subsidiaries of South Korea’s Hanwha Ocean have reignited trade tensions with Washington, rattling
A prominent Bitcoin (BTC) advocate, Max Keiser, has defended the asset’s superiority over traditional metals like gold and silver as a store of value. Keiser highlighted Bitcoin’s market performance and contrasted it against traditional “hard money.” Bitcoin’s scarcity makes it the ultimate store of value Keiser noted that Bitcoin’s rise from $1 to $100,000 has
The bitcoin price has experienced a dramatic plunge, delivering one of the most severe sell-offs in crypto history over the past week. Over $19 billion in positions were liquidated in a matter of hours, with more than 1.6 million traders forced out of the market, the largest liquidation event ever recorded. Many altcoins plunged over
TL;DR BTC is down 3% in the last 24 hours and trading around $111,200 per coin. The negative performance comes amid the ongoing U.S.-China tariff war and Powell’s speech later today. BTC dips to $111k Bitcoin, the leading cryptocurrency by market cap, is down 3% in the last 24 hours and is now trading around
Key Takeaways BlackRock deposited $364 million in Ethereum and $77.67 million in Bitcoin to Coinbase Prime. Similar prior moves by BlackRock have drawn speculation about profit taking or exit behavior. BlackRock deposited $364 million in Ethereum and $77.67 million in Bitcoin to Coinbase Prime today, according to on-chain data tracked by Lookonchain. The global asset
A cryptocurrency analyst and Bitcoin (BTC) maximalist, Knut Svanholm, has criticized Bitcoin Core v30.0’s expansion of the OP_RETURN limit to 100,000 bytes for multiple outputs per transaction. Svanholm argues the move will enable “shitcoining” like crowdfunding and staking on Bitcoin’s layer 1 and increase costs for peer-to-peer transfers. Bitcoin maximalists warn against diluting Bitcoin’s core