Bitcoin OG Deposits 2499 BTC to Kraken
Bitcoin OG Owen Gunden deposits 2,499 BTC ($228M) to Kraken, sparking market speculation amid bearish sentiment and potential cycle bottom. #Breaking #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Faces Potential $80K Slide Amid Liquidity Crunch
Senators release bipartisan draft for crypto oversight, empowering CFTC and tightening consumer protections to boost liquidity and adoption across U.S. trading venues. #Update #Crypto
Bitcoin ETFs Surge with $75M Purchase
US Bitcoin ETFs saw $75 million in net inflows, ending a five-day outflow streak, led by @BlackRock’s iShares Bitcoin Trust ETF. #Update #Crypto #BitcoinETF
Bitcoin Flipped XRP Price Must Hit $X
XRP gains traction with ecosystem growth and Spot XRP ETFs but needs to hit $30.61 to match Bitcoin’s market cap of $1.84 trillion. #Update #Crypto $XRP
Bitcoin Market Haunted by October Liquidation
Fundstrat’s Tom Lee attributes crypto market weakness to the Oct. 10 liquidation event, impacting market makers and liquidity. #Update #Crypto $BTC
Bitcoin Investment Boost Metaplanet Strategy
Metaplanet unveils preferred shares “Mars” and “Mercury” to raise $135M, enhancing its Bitcoin strategy. Mercury offers a 4.9% fixed dividend with conversion rights. #Update #Crypto
Bitcoin Liquidity Crashes Amid Stablecoin Drop
Liquidity concerns rise as $840M exits stablecoin sector since Nov. 15, impacting crypto market liquidity. #Update #Crypto $USDT
Bitcoin Nears $84K Max Pain Zone
Bitcoin’s price nears a “max pain” range of $73,000-$84,000, highlighting institutional cost bases for @BlackRock’s IBIT ETF and MicroStrategy as potential deep discount zones. #Update #Crypto $BTC
Bitcoin Slumps to $86K Discount Zone
@Bitwise analyst André Dragosch identifies Bitcoin’s “max pain” zone between $84K and $73K, with significant ETF outflows signaling liquidity concerns. #Update #Crypto $BTC
Bitcoin Ownership Persists Amid Quantum Threats
Ray Dalio confirms he holds about 1% of his portfolio in $BTC, citing concerns over traceability and quantum computing threats to its adoption as a reserve currency. #Update #Crypto $BTC
Bitcoin Crashes Below $87,500 Triggers $250M Liquidation
Rep. Warren Davidson introduced the Bitcoin For America Act to allow federal tax payments in $BTC without capital gains tax, enhancing U.S. financial security and creating a Strategic Bitcoin Reserve. #Update #Legal $BTC
Bitcoin Breaks Ground with Davidson’s BTC Reserve Act
Rep. Warren Davidson introduces the ‘Bitcoin for America Act’, allowing federal tax payments in Bitcoin, establishing a Strategic Bitcoin Reserve to enhance U.S. digital asset standing and financial stability. #Breaking #Crypto $BTC
Bitcoin Not Ready for Reserve Role Says Dalio
Billionaire Ray Dalio maintains a cautious view on Bitcoin, holding 1% of his portfolio unchanged for years, citing structural issues and quantum threats as barriers to its reserve currency status. #Update #Crypto $BTC
Bitcoin Crashes Below Key Support Level
Bitcoin’s recent sell-off raises questions about a potential local bottom, with @ChrisJKuiper noting on-chain metrics and sentiment resemble past bull-market corrections. #Update #Crypto $BTC