Bitcoin gained roughly 24% in August, its strongest performance for the month since 2017, as ETF inflows and short liquidations accelerated.
Metaplanet moved 2,400 BTC, worth about $186 million, into Coinbase Prime in just three hours on August 31, its third large transfer to the exchange since August 25. Six Transactions, Three Hours, $186 Million Metaplanet moved again, and this time onchain trackers caught nearly every step.
Could Metaplanet's latest Bitcoin transfer signal a shift in its long-term treasury strategy?
In contrast to XMR, POL, PUMP, RAIN, and TRUMP have plunged hard over the past 24 hours.
Berlin authorities have refused to meet an alleged 30 Bitcoin ransom demand after a cyberattack hit two state agencies, while officials have yet to confirm the amount of data claimed to have been stolen.
Bitcoin trades near $78,243 after a 24% August rally stalls on rising exchange reserves and Fed rate hike fears. Full technical breakdown inside.
Sold bitcoin through a foreign platform? When Austrian investors have to declare gains themselves and account for the 27.5 percent tax rate.
Bitcoin ETFs logged $232.1 million in inflows, while BlackRock says Bitcoin needs less regulatory clarity than DeFi and altcoins.
Bitcoin is on track to wrap this August with its strongest performance for the month in nine years.
Weak Bitcoin volumes and macro FUD signal looming rejection, fueling confidence in an altcoin rotation.
The third-largest Bitcoin treasury firm Metaplanet moved another set of BTC to Coinbase, causing stock to plunge almost 10% on Monday. Recent transfers amid falling Bitcoin prices have raised concerns among crypto market investors as crypto market maker Wintermute remained short on multiple crypto assets.
In a recent interview with Fox Business Network, Coinbase CEO Brian Armstrong expressed strong confidence that Bitcoin will climb to between $300,000 and $400,000 before the decade ends. Armstrong's outlook centers on three pillars: improving regulatory frameworks, accelerating institutional investment, and Bitcoin's mathematically limited supply.