Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@Glassnode warns that $BTC is nearing a critical juncture, with its price just 7% above the Short-Term Holder cost basis of $88,135. A drop below this level could signal waning sentiment among new investors. #Update #Crypto $BTC (-3) ↘
MicroStrategy’s Bitcoin holdings, tracked by Michael Saylor for the 10th week, show a 51% increase with unrealized gains exceeding $14 billion. #Update #Crypto $BTC (+6) ↗
@MicroStrategy’s Bitcoin strategy has inspired over 70 companies to follow suit, with @Tesla, @Block, and others increasing their $BTC reserves amid the cryptocurrency’s recent surge. This trend highlights growing corporate interest in digital assets. #Update #Crypto $BTC (+6) ↗
The introduction of Spot Bitcoin exchange-traded funds (ETFs) in the US has driven significant growth in $BTC’s price, with these ETFs now holding approximately $107.64 billion in assets, marking a historic milestone for the crypto market. #Update #ETF $BTC (+7) ↗
Bitcoin’s price hovers around $95,000 as @Kalshi and @Polymarket users speculate on its potential rise to $120,000 by month’s end, with a 12% chance predicted. #Update #Crypto $BTC (+3) ↗
Russian bailiffs are liquidating over 1,032 Bitcoin, valued at approximately one billion rubles, confiscated from Marat Tambiev in a significant crypto bribery case involving the Infraud Organization. #Breaking #Legal $BTC (+8) ↗
@BlackRock has accumulated a $50 billion Bitcoin ($BTC) trove in 2024, while @MicroStrategy and Fidelity acquired $24 billion and $20 billion respectively. However, BlackRock is now offloading BTC. #Breaking #Crypto $BTC (+9) ↗
Bitcoin ($BTC) surged past $94K, maintaining stability alongside Ethereum ($ETH) after U.S. jobs data release. Grayscale’s consideration of 39 cryptocurrencies, including Dogecoin ($DOGE), bolstered market sentiment. Bitcoin SV (BSV) led gains with a 15% rise. #Update #Crypto $BTC (+3) ↗
Celebrating 16 Years Since the First Bitcoin Transaction: On January 12, 2009, Satoshi Nakamoto sent 10 $BTC to Hal Finney, marking a pivotal moment in cryptocurrency history. Today, those 10 BTC are worth approximately $946,000. #Update #Crypto $BTC (+3) ↗
Fundstrat’s Tom Lee argues that ignoring $BTC is a “catastrophic” market view, citing Bitcoin’s resilience and U.S. government support as key factors bolstering its position as a strategic asset. #Update #Crypto $BTC (+3) ↗
Hackers breached the official @Litecoin account on X to promote a fake Solana-based token, part of a rising trend of cyberattacks on major accounts like Cardano Foundation and celebrities such as Wiz Khalifa. #Breaking #Crypto $LTC (-8) ↘
Bitcoin consolidates below its 20-day EMA, with potential short-term corrections anticipated around President-elect Trump’s January 20 inauguration. Investors eye whether $BTC will face a deeper pullback after reaching $94K. #Update #Crypto $BTC (-3) ↘
Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, potentially influencing crypto regulation to balance innovation and investor protection. #Update #Legal (+3) ↗
@Meta is urged to consider a Bitcoin treasury proposal by the National Center, highlighting $BTC’s potential as a hedge against inflation, similar to initiatives at @Microsoft and @Amazon. #Update #Crypto $BTC (+3) ↗
