Tesla holds 11,509 BTC, while SpaceX moved $100M weekly, underscoring Musk's growing crypto footprint.
The billionaire investor said he sold most of his bitcoin after concluding the cryptocurrency failed to act as a hedge during recent geopolitical turmoil and dollar weakness.
The U.S. Department of Commerce will invest $2 billion into quantum chip foundries and startups as the "Q-Day" Bitcoin threat nears.
Bitcoin has erased its recent gains, failing to hold the $78,000 threshold and dropping to just above $77,000. Bitcoin Erases Gains as ETF Outflows Mount Bitcoin endured yet another underwhelming session, failing to hold the $78,000 mark and erasing earlier gains to close the 24 hours just above $77,000.
vBTC.b's launch could significantly enhance Bitcoin's role in DeFi, attracting institutional investors and increasing cross-chain liquidity. VerifiedX launches vBTC.b on Base with Fireblocks support for Bitcoin redemption and DeFi integration.
DDC's strategic Bitcoin accumulation highlights a bold shift in corporate treasury management, posing significant risk amid market volatility. DDC Enterprise buys 200 Bitcoin, raising total to 2,583 BTC.
Strategy may sell some Bitcoin before year-end as Michael Saylor focuses on BTC per share, STRC stability, and digital credit growth.
Crypto analyst Michaël van de Poppe is warning that Bitcoin will likely plummet in value if BTC loses one key level as support.
Bitcoin's next move carries $22.08 billion in liquidation consequences.
Bitcoin's near-term outlook is looking quite bearish, with its price trending well below the $80,000 level as volatility mounts. Along with downside performance, several key metrics are starting to exhibit negative activity, strengthening the bearish state.
Long-term investors are returning strongly to bitcoin. According to the latest on-chain data, their BTC reserves are approaching a historic level, ending several years of decline.
The 84.01% figure strengthens the BTCFi security case, but miner revenue and usage remain unresolved.