Raheim Hamilton also faces a $5 million fine and must surrender 24.4 Ether and three Virginia properties.
Will Bitcoin price pullback stop at $82K or $75K?
Bitcoin options open interest fell 0.59% to $37.17 billion, with calls leading OI but puts slightly ahead in 24-hour volume. The $83,000 call on Bybit led daily trading.
The 64.37-Bitcoin bid sat 0.40% below the $82,911 midpoint, while nearby buy orders exceeded sell orders by about $2.2 million.
Despite the decline in stress and the overall bullish swing structure, a short-term cautious outlook is warranted.
Bitcoin could grow into a $30 trillion asset by following gold's expansion, Bitwise's investment chief suggests. He points to expanding institutional access while warning that investor behavior could determine who benefits from long-term gains.
Three inflow sessions were offset by three larger withdrawals through Oct. 8. A $21.1 million inflow on Oct. 9 narrowed the recent outflow streak but did not erase it.
Is Bitcoin ETF losing steam to other altcoin ETFs stealing the spotlight?
This week's stories spanned corporate adoption, government crypto flows, security risks and macro concerns. Robinhood added $25 million in bitcoin to its balance sheet, while U.S. government-linked wallets moved nearly $1.9 billion in crypto.
Bitcoin traded near $83,000 after retreating from the $86,000-$90,000 resistance zone, while the Coinbase Premium Index stood near -0.1%.
Bitcoin is trading around $83K after the rejection from the $86K to $90K resistance zone weakened short-term structure, while the Coinbase Premium Index has turned sharply negative, suggesting US-based buying demand may be fading. BTC is attempting to stabilize, but buyers need to reclaim nearby resistance to improve the outlook.
Bitcoin reached $83,051 while Ether, XRP, BNB, Solana and Dogecoin also gained. Crypto liquidations totaled $46.9 million over 24 hours.