Bitcoin ETPs Hold 7% of Total Supply
Bitcoin exchange-traded products now hold over 1.47 million $BTC, representing 7% of total supply. Demand is slowing as whales shift to $ETH, with significant sales reported. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin exchange-traded products now hold over 1.47 million $BTC, representing 7% of total supply. Demand is slowing as whales shift to $ETH, with significant sales reported. #Update #Crypto $BTC
Bitcoin’s price remains above $109,000 as market focus shifts to upcoming US jobs data, while whales are reallocating investments towards $ETH and UK bonds. #Update #Crypto $BTC
Bitcoin’s MVRV metric indicates weakening momentum, suggesting a potential cycle top as BTC shows signs of exhaustion, although not all indicators are negative. #Update #Crypto $BTC
Bitcoin struggles to maintain levels above $108,000 amid selling pressure from whales and closed markets for Labor Day, with predictions of a potential drop to $105,000. #Update #Crypto $BTC
Private businesses and public companies are acquiring Bitcoin ($BTC) at an average rate of 1,755 BTC daily, nearly four times the mining output of 450 BTC per day, indicating potential supply shock. #Update #Crypto $BTC
Bitcoin’s price surge prompts renewed interest in crypto lending, despite past collapses. New companies and regulations are reshaping the landscape, but risks remain. Watch Cointelegraph’s video for insights. #Update #Crypto $BTC
Bitcoin’s evolving role as a yield-generating asset is reshaping institutional strategies, with over 1.26 million BTC held in ETFs and El Salvador recognizing it as a strategic reserve. #Update #Crypto $BTC
@Metaplanet’s share price has dropped 54% since June, impacting its Bitcoin acquisition strategy. The firm plans to raise $880M through overseas offerings and may issue preferred shares worth $3.7B. #Update #Crypto $BTC
Bitcoin’s price fell to $109,290 after peaking at $124,100 in July, with skepticism about its future growth persisting despite a 84% annual increase. #Update #Crypto $BTC
Eric Trump stated at BTC Asia 2025 that Bitcoin could reach $1 million, but emphasized that most market participants still lack understanding of digital currencies. #Update #Crypto $BTC
Tech billionaires @PeterThiel and @michael_saylor are adopting differing crypto treasury strategies, with Saylor focusing solely on $BTC while Thiel diversifies into $ETH and stablecoins. #Update #Crypto $BTC
Bitcoin and Ether ETFs experienced outflows after the Federal Reserve reported increased core inflation, influenced by former President Trump’s tariff policies. #Update #Crypto $BTC $ETH
El Salvador has redistributed its $678M Bitcoin reserves into 14 wallets to mitigate quantum computing risks, minimizing potential attack impacts. #Update #Crypto $BTC
Bitcoin whales are shifting investments into $ETH and altcoins, indicating a “natural rotation” despite a record $5B in ETH validator exit queues. #Update #Crypto $ETH