Eric Trump, son of US President Donald Trump, reiterated his strong belief in Bitcoin in his latest statement and said that both individual and institutional demand is increasing rapidly. Eric Trump stated that Bitcoin could reach $1 million in the long run, and defined his commitment to cryptocurrencies with the words “I am totally committed.”
Bitcoin News: Whales Accumulate at $100K $Bitcoin continues to show resilience around the $100,000 mark, with large holders — wallets holding between 1,000 and 10,000 BTC — significantly increasing their accumulation. On-chain data from CryptoQuant shows that whale balances are rising again, with the 7-day balance change turning sharply positive, signaling that major investors are
Key Takeaways Owen Gunden transferred 500 BTC worth about $52 million to Kraken. The move continues Gunden’s pattern of selling activity as an early Bitcoin adopter. Early Bitcoin investor Owen Gunden moved around 3,600 Bitcoin, valued at approximately $372 million, on Friday, according to data tracked by Lookonchain. Of this amount, 500 BTC worth nearly
Short-seller James Chanos has closed his short position against Strategy after the firm’s premium over its bitcoin holdings shrank, validating his bearish thesis. James Chanos Takes Profit on Strategy Short After Price Compression James Chanos, founder of Kynikos Associates and one of Wall Street’s most recognizable skeptics, has long criticized Strategy for what he calls
Despite a worrying dip on Friday, Bitcoin has survived the $100,000 crash test. Now, attention turns to Washington. The longest US government shutdown in history has drained liquidity from financial markets — and by extension, from crypto. Analysts argue that when the fiscal gridlock ends, the same mechanism that pulled liquidity out will push it
In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with
Binance founder Changpeng Zhao (CZ) has once againsparked discussion on X over the debate between gold and Bitcoin, taking a dig at critic Peter Schiff. Known for his sharp remarks, CZ pointed out one of gold’s key limitations compared to digital assets: its verifiability. CZ Sparks the Fort Knox Discussion This comes amid the growing
Crypto treasury firms holding Bitcoin, Ethereum, and XRP are recording steep unrealized losses following the latest market downturn. The correction has erased billions from balance sheets of companies that invested heavily in digital assets, exposing the volatility risks of holding crypto as a treasury reserve. Throughout October, market valuations fell sharply, triggering renewed caution among