Spot Bitcoin ETFs lost $484.9 million on Oct. 7, while Ether ETFs recorded $160.9 million in outflows for a seventh straight session.
Eli Ben-Sasson called StarkWare's Quantum-Safe Bitcoin transaction an interim safeguard. The Aug. 26 transaction protected specific outputs without changing Bitcoin's consensus rules.
Arkham data shows the 12,267 BTC went to unlabeled wallets rather than an exchange, a day after $383 million hit Coinbase Prime.
US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued to decline. Data from SoSoValue shows that the 12 listed US Bitcoin ETFs lost $484.9 million on Oct. 7, their largest single-day outflow since June 25.
The U.S. government transferred 9,261 Bitcoin (BTC), worth approximately $770 million, to Coinbase Prime. The funds originated from seizures linked to cyberattacks and other activities investigated by federal authorities. According to Galaxy Research, the transfers took place over the past two days.
According to the country's Bitcoin Office, the one-bitcoin-a-day accumulation strategy has continued, even after the IMF stressed that the country had not met the criteria for public-sector crypto holdings under a $1.4 billion ongoing credit facility.
A total of 100.02 Bitcoin (BTC) mined in July 2010 were transferred after remaining untouched for more than 16 years. The coins, worth approximately $6 at the time, are now valued at around $8.5 million.
TD Cowen's bullish Bitcoin forecast highlights potential institutional shifts and strategic treasury management as key investment drivers. TD Cowen raises Bitcoin price target to $280,000 by 2029.
Rising exposure of Bitcoin public keys heightens security concerns, especially with quantum computing threats, urging exchanges to act. Glassnode co-founder counts 6.26 million BTC with exposed public keys.
Extreme miner outflows have not returned since Bitcoin touched $76,000 on Aug. 21, while miner compensation improved from extremely underpaid to fairly paid.
Eight transfers over three hours included $598.1 million sent to exchanges and $155.6 million moved away from them by 11:03 a.m. ET on Oct. 8.
Bitcoin ETFs posted $487.07 million in net outflows on Wednesday, their heaviest daily loss since June 25, while ether funds shed another $160.77 million. Together, the two largest crypto ETF categories lost $647.84 million as trading activity accelerated sharply.