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’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
@Bitwise analyst André Dragosch identifies Bitcoin’s “max pain” zone between $84K and $73K, with significant ETF outflows signaling liquidity concerns. #Update #Crypto $BTC
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
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
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
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’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
Bitcoin surged past $92,000 following the September U.S. jobs report, which showed 119,000 jobs added and an unemployment rate rise to 4.4%, indicating potential Fed rate cuts. #Breaking #Crypto $BTC (+7) ↗
@SamouraiWallet co-founders were sentenced to four and five years in prison for operating an unlicensed money-transmitting business, marking a significant legal precedent for crypto privacy. #Update #Legal $BTC
AI and HPC bitcoin miners surged in pre-market trading following @NVIDIA’s strong Q3 earnings, with IREN up 8%, CIFR up 11%, and HIVE up 6%. #Update #Crypto $BTC
Bitcoin ETF flows turned positive with $75.47M net inflows, led by BlackRock’s $60.61M, after a five-day outflow streak, signaling potential market stabilization. #Update #Crypto $BTC
Bitcoin Hyper’s $HYPER presale surpasses $28M, attracting significant whale interest and retail demand. Stakers earn 41% APY, with over a billion tokens staked. #Update #Crypto
Bitcoin stabilizes above $90,000 amid macro-driven pullback and ETF outflows affecting sentiment. $BTC #Update #Crypto $BTC
Metaplanet plans to raise ¥21 billion ($135 million) via Class B Preferred Shares to expand its Bitcoin holdings, reinforcing its status as a major corporate Bitcoin holder. Crypto