Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
Bitcoin miners’ reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows.
Bitcoin
First Mover Americas: Bitcoin Set to Ring in the New Year Up Nearly 160%
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Worth $1B Leaves Exchanges in Largest Single-Day Outflow in 12 Months
Net outflows from exchanges are often taken to represent investors’ intention to hold coins for long-term.
Bitcoin ETF Approval Tipped to Be ‘Sell The News’ Event: CryptoQuant
Bitcoin [BTC] is expected to experience a period of downside following a potential ETF approval over the coming weeks as trader’s unrealized profits linger at a level that historically precedes a correction, according to data provider CryptoQuant.
First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility
The expiry is Deribit’s largest so far and a record of almost $5 billion of options will expire in the money.
Stock of Bitcoin’s Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.
MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B
Microstrategy’s CEO Michael Saylor tweeted on Wednesday that the company had acquired an additional 14,620 bitcoin.
First Mover Americas: Barry Silbert Resigns as Grayscale Chairman
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.