The Royal Government of Bhutan transferred 250 BTC valued at about $18.47 million within 24 hours as Bitcoin traded above $74,000 and tested resistance levels near $76,000. In 2026, Bhutan has moved a total of 3,247 BTC, worth roughly $240.4 million, reducing its publicly tracked holdings to about 3,524 BTC valued between $260 million and $264 million. Analysts note these movements may relate to shifts in Bhutan's mining operations or liquidity strategies, with some funds routed to major platforms like Galaxy Digital and OKX. Bitcoin's price action shows resistance between $74,000 and $76,000, with mining economics adjusting as production costs near $79,500 per BTC and network difficulty expected to drop slightly in mid-April.
Bitcoin's price has dipped to just under $83,000, testing the bottom of its current trading range. Technical indicators suggest the price is oversold and a bounce is likely, but a breakdown below support could lead to a deeper correction. The key sup...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
The Conference Board will release the September Consumer Confidence Index (CCI) on September 29, with a forecast of a slight rise to 90.0 from August's 89.4. The CCI reflects consumer optimism about the economy and influences spending and economic ac...
Bitcoin's price fell about 1.5% to near $83,000 following an unexpected Oval Office announcement by President Trump, whose topic remains unknown but is speculated to involve Iran. This announcement kicks off a critical week for Bitcoin, which also in...
In March 2025, President Trump signed an executive order establishing Bitcoin as a strategic reserve asset for the US government, consolidating about 328,000 BTC mainly from seizures and forfeitures. However, the order did not allocate taxpayer funds...
