Bitcoin
100 Bitcoin Mined in 2010 Moves After 16 Years Now Worth $8.5M
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 raises Bitcoin price target to $280,000 by 2029
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.
Glassnode co-founder counts 6.26 million BTC with exposed public keys
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.
Bitcoin Miner Selling Pressure Eases After Aug. 21 Low
Extreme miner outflows have not returned since Bitcoin touched $76,000 on Aug. 21, while miner compensation improved from extremely underpaid to fairly paid.
Bitcoin Transfers Total $2.52 Billion as 12,267 BTC Leads Activity
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 Lose $487M in Heaviest Daily Outflow Since June
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.
Glassnode Co-Founder Says 6M+ BTC Sit Behind Exposed Public Keys
More than 6 million BTC, or 31.2% of circulating supply, sit behind public keys already visible onchain, according to Glassnode co-founder Rafael Schultze-Kraft. Exposed supply rose by 222,000 BTC since May, with exchanges accounting for 123,000 BTC and holding 1.79 million BTC behind visible public keys.
U.S. Government Transfers 12,267 Bitcoin Worth $1.01 Billion
The transfer involved funds seized in the Bitfinex hacking case. More than 6,200 BTC had moved to Coinbase Prime in the prior two days.
From Bitcoin Mining to Global Banking, Bhutan Eyes Abu Dhabi
On Thursday, DK Bank, Bhutan's fully digital bank, announced it had secured preliminary regulatory approval to establish a financial services presence in Abu Dhabi, United Arab Emirates. The development marks another step in the bank's international ambitions, positioning Bhutan's Gelephu Mindfulness City (GMC) to forge stronger ties with global financial institutions and investors.
Bitcoin Long Liquidations Reach $13.77 Million in One Hour
Total Bitcoin liquidations reached $14.69 million as BTC rose 0.14% to $82,598 during the period.
U.S. Government-Linked Wallets Move $770 Million in Bitcoin
About 9,261 Bitcoin moved to Coinbase Prime on Oct. 7-8. The transfers do not establish that the cryptocurrency was sold.
Glassnode Reveals Bitcoin New Money Inflows Near $5B With BTC Rally Stalling
Glassnode recorded $4.9 billion in new capital inflows into Bitcoin during the 30 days leading up to October 5. Existing investors accounted for approximately 60% of the $12.8 billion increase in BTC's realized capitalization. Short-term holders accounted for 86% of profitable transfers to exchanges on a day when Bitcoin surpassed $85,000.
