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US Government Shifts $1 Billion in Bitcoin, $94 Million in Tether

The U.S. government’s cryptocurrency shuffle isn’t over. Following two days of bitcoin transfers totaling $770 million, federal wallets moved another 12,267.02 BTC worth approximately $1.01 billion on Thursday. The latest…

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Bitcoin Price Holds $83K as Bitfinex Says Leverage Has Cleared

Bitcoin calls represent 60.88% of options open interest, while Deribit’s October max-pain level sits near $76,000, below bitcoin’s current $83,719 spot price. Futures exposure totals approximately $53 billion, led by…

Continue ReadingBitcoin Price Holds $83K as Bitfinex Says Leverage Has Cleared

Bitcoin Keeps Hitting a $68,000 Wall—A 3.55 Million BTC Cluster Helps Explain Why

Bitcoin’s advance is running into heavy resistance near $68,000 as 3.55 million BTC approach their holders’ cost basis, creating a supply wall that is offsetting strong spot bitcoin ETF demand.…

Continue ReadingBitcoin Keeps Hitting a $68,000 Wall—A 3.55 Million BTC Cluster Helps Explain Why