After 16.5 years of inactivity, seven Bitcoin wallets from the Satoshi era moved a total of 350 BTC, worth about $28 million at current prices near $80,000. These coins were mined in March 2010, representing some of the earliest Bitcoin mining rewards. While the transfers themselves don't confirm imminent selling, their timing amid Bitcoin's recent price surge to nearly $80,000 has drawn attention. If these coins move to exchanges, it could impact short-term supply and market dynamics, but for now, the activity is mainly a rare historical event on the blockchain.
Stacks' native token STX has surged over 50% in the past four weeks, outperforming major cryptocurrencies like Bitcoin and Ethereum. This rally is attributed to Stacks' innovative non-custodial Bitcoin staking system, which allows BTC holders to earn...
On October 13, at least 73 large accounts increased their long positions on Hyperliquid by over $1 million each, raising total estimated exposure by about $292 million. Bitcoin and Ether made up roughly 78.55% of this increase, with the rest spread a...
Open interest in perpetual futures for five major cryptocurrencies declined over 24 hours, led by Dogecoin (DOGE) which fell 13.69% to $208 million. Bitcoin (BTC) saw the highest funding rate at 8.6% annualized, indicating traders with long positions...
Bitcoin briefly dropped to $81,000 due to a wave of stop-loss selling but quickly bounced back to around $83,700, defending its 50-day moving average. This level is important as it signals the medium-term trend, and buyers have shown resilience by su...
Strategy, the largest corporate Bitcoin holder, bought 250 BTC at an average price of $86,194 between October 5-11, marking its fourth straight week of Bitcoin purchases. However, it spent $192.4 million repurchasing 1.93 million STRC preferred share...
