Some 6.26 million $BTC, or 31.2% of Bitcoin’s issued supply, sit behind public keys already visible onchain, according to an Oct. 8 update by Glassnode co-founder Rafael Schultze-Kraft. The exposed balance has grown by 222,000 $BTC since Glassnode’s May report, while total supply increased by 64,000 $BTC, he said. The change reflects more existing coins
VerifiedX (verifiedx.io), a programmable layer for Bitcoin and other crypto assets, and EDX Markets (“EDX”), a Chicago-based digital asset technology firm that combines an institution-only trading venue with a central clearinghouse, announced a strategic partnership to bring Verified Bitcoin (vBTC), a tokenized form of Bitcoin, to EDX for institutional spot trading. vBTC, VerifiedX’s flagship product,
In brief Bitcoin fell as low as $81,749.83 today, undercutting the $82,776.30 floor flagged yesterday, and trades near $82,486. Bitcoin ETFs lost $484.9 million on Oct. 7, their worst day since June, while 87.5% of the $429 million liquidated over 24 hours were long positions. Uptober is turning out red so far, but the charts
The Bitcoin funding rate on Binance has plunged to approximately -0.00215, its lowest level since last January. With $BTC retreating toward $83,000, futures traders are leaning increasingly bearish. But that shift could cut both ways. Negative funding means short-position holders pay fees to long-position holders. In practical terms, it suggests demand for short exposure has
A modest early decline in bitcoin BTC$80,925.70 on Thursday has accelerated, the price falling to about a one-month low just above $80,000 Bitcoin is down 4% over the past 24 hours, and is now lower by more than 8% since nearly hitting $87,000 just four days ago. That’s masking far uglier action in the rest
Bitcoin, one of the most closely followed assets by investors in the cryptocurrency market, continues to search for direction, with both short-term and long-term predictions emerging. At this point, the latest forecast comes from investment bank TD Cowen. While TD Cowen maintains its optimism regarding Bitcoin’s long-term outlook, it paints a more cautious picture for
The theoretical threats of artificial intelligence hacking blockchain encryption are greatly exaggerated, and the crypto industry is needlessly giving in to panic. This is the conclusion reached by prominent Bitcoin developer and Casa co-founder Jameson Lopp, who urged the community to take a sober look at the actual AI threat landscape. The large-scale discussion was
BitGo CEO Mike Belshe has rejected the claim that artificial intelligence (AI) will break Bitcoin’s cryptography. However, he agreed with concerns over the need to protect crypto wallets now for post-quantum risks. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the App Store
Bitcoin ($BTC) risked losing key support at $82,500 after Thursday’s Wall Street open as oil prices gained over concerns of US-Iran military action. Key points: Bitcoin returned to $81,000 for the first time since Sept. 21 amid fresh concerns about US-Iran military action. US 30-year bond yields set another multidecade high as a senior Fed