The Winklevoss twins transferred 1,000 Bitcoin worth about $67.5 million to a Gemini-linked hot wallet on June 3, coinciding with Bitcoin's drop below $66,000 amid rising U.S.-Iran tensions. Such transfers often suggest potential selling, though no sales have been confirmed, and the twins or Gemini have not commented on the move. This transaction adds to earlier Bitcoin movements by the twins this year and comes as Bitcoin faces market pressure with over $1 billion in bullish liquidations. The activity highlights increased scrutiny on large Bitcoin transfers during volatile periods and occurs alongside Gemini's recent product expansions and regulatory developments.
A well-known analyst who accurately forecasted Bitcoin's 2025 top says he is accumulating Bitcoin even though he expects prices to drop further. He believes Bitcoin could fall another 31% but sees a strong long-term potential gain of 121% from curren...
Citi has maintained a cautious outlook on Bitcoin despite a small sale by Strategy, a major corporate bitcoin holder, which was a routine tax move. The bank highlights that ETF flows, which account for about 45% of Bitcoin's weekly price changes, hav...
Bitcoin recently tested and defended the critical $64,000-$65,000 support zone following a sharp selloff that liquidated over $1.8 billion in positions. This support area has historically triggered strong rebounds, making it a key level for potential...
Bitcoin spot ETFs experienced a $519 million sell-off on Tuesday as Bitcoin's price dropped to $66,000, marking a significant outflow totaling $5 billion over the past month. Ethereum ETFs also saw $911.75 million in outflows over five weeks, with ma...
The prices of major cryptocurrencies including Bitcoin and Ethereum have declined, with Bitcoin dropping 2.83% to $67,062 and Ethereum falling 5.09% to $1,874.73. Other notable coins like Binance Coin and Solana also saw decreases, signaling a broad ...
