Dormant no more, a dozen long-silent bitcoin wallets just broke their decade-long nap and dropped a combined 294.56 BTC—roughly $32.24 million—back into circulation over the last 48 hours. Bitcoin Blast From the Past: 12 Dormant Wallets Shift Nearly 300 BTC Since Sept. 26, nearly 300 BTC that hadn’t twitched in years suddenly stirred. The oldest
Derivatives desks are firing on all cylinders this weekend, and bitcoin’s options board is basically screaming “pick a side” while futures stack up near cycle highs. Deep Liquidity, Sharper Bets: Bitcoin Options Crowd Eyes $110K Strikes Bitcoin is trading at $109,449 on Saturday, and the futures complex is thick: total open interest (OI) sits at
BTC$109.503,67 just ended what is historically the largest cryptocurrency’s third-worst week of the year with a greater-than-average drop of 5%. Week 38 effectively closes out the third quarter, which is up about 1%, as well as September, which has managed to hold flat. While the figures are consistent with the period’s historical reputation as one
The rise in Bitcoin, Ethereum, and other corporate crypto treasuries helped fuel the summer’s massive market gains. Now their slowing growth has played a large role in sapping prices already sensitive to inflation and other macroeconomic uncertainties. The treasuries’ waning activity could continue to weigh on markets with volatility likely to remain heightened in the
Debates over Bitcoin’s future are nothing new, but this week the discussion took on a sharper edge. One of Bitcoin’s long-serving developers was at the center of a storm about immutability, censorship and what it means to “save” the protocol. The controversy escalated on Sept. 25, following an article published by The Rage claiming to
Mike Novogratz, a former Goldman Sachs partner, Wall Street veteran, and founder of Galaxy Digital, shared his striking predictions about the future of cryptocurrency markets. Novogratz offered insider insights into market cycles, institutional adoption, and the catalysts that will trigger the next major bull rally. After eight years of waiting, Wall Street’s “herd” has finally
China is reportedly making a bid to expand its influence in global gold markets by offering to hold foreign central bank reserves within its borders. According to Bloomberg, the People’s Bank of China has used the Shanghai Gold Exchange in recent months to pitch central banks in friendly countries on the idea. At least one
Crypto mining firm TeraWulf (WULF) is planning to raise $3 billion in debt to expand its data center operations in a deal supported by Google, as the AI infrastructure arms race intensifies. The company, Bloomberg reports citing TeraWulf CEO Patrick Fleury, is working with Morgan Stanley to arrange the funding, which could launch as early
Eric Trump, son of US President Donald Trump, made some striking statements about Bitcoin. Speaking during an interview, Trump stated that he believes Bitcoin will surpass $1 million in the long term. Eric Trump said, “The future is incredible. I think Q4 is going to be extraordinary for a variety of reasons. That’s why I’m
Cointelegraph recently shared an interesting comparison between traditional investments and digital assets. Over the past 100 years, the S&P 500 has risen around 58,000%, showing the long term power of the stock market. Meanwhile, Bitcoin, which is currently the top cryptocurrency, has climbed around 46,000% in just 10 years. These numbers show how S&P 500