Large Bitcoin holders’ share of supply hits 9-month low amid price drop
Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.”
Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.”
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill.
Tether and Gold.com are exploring options to allow the use of Tether’s stablecoins to purchase physical gold.
Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday.
Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes amid scrutiny of prediction markets by regulators and Congress.
Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed.
Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours.
Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being down 17.5% on its Bitcoin holdings.
European tokenization companies urged EU lawmakers to quickly amend the DLT Pilot Regime, warning that current limits risk pushing onchain markets to the US.
Bitcoin dropped under 63,000 as investors reacted to dismal US economic data, a weakening stock market and fears of an AI industry bubble. Does data forecast a return to $90,000…