Global #Bitcoin

In a significant development for the cryptocurrency market, an older Bitcoin whale has transferred approximately $3.6 million worth of Bitcoin to the Kraken exchange.

Recent insights from CryptoQuant's Maartunn reveal a noteworthy shift in the Bitcoin landscape, with an increasing number of Bitcoin assets being classified as long-term holdings.

As the cryptocurrency market continues to navigate turbulent waters, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are experiencing significant pressure on their key support levels.

Scheduled to air next Tuesday night, a documentary claims to present new evidence that could finally uncover the identity of Bitcoin’s elusive creator, Satoshi Nakamoto—a question that has fascinated and puzzled enthusiasts since Bitcoin's inception in 2009.

The International Monetary Fund (IMF) has once again raised alarms regarding El Salvador's embrace of Bitcoin, urging the Central American nation to reevaluate its controversial cryptocurrency legislation.

Metaplanet, a Bitcoin investment firm, has announced a significant move to bolster its Bitcoin reserves by selling 233 Bitcoin (BTC) put options. In a statement released on October 3, the firm detailed that it earned a premium of 23.97 BTC from this transaction, highlighting a strategic approach to leverage Bitcoin’s inherent volatility.

In an era where digital assets are increasingly shaping the financial landscape, the proposal for a National Bitcoin Reserve has begun to attract significant attention from both sides of the political aisle.

U.S. spot Bitcoin exchange-traded funds (ETFs) faced a notable setback on Wednesday, witnessing outflows totaling $91.76 million. This decline marks the continuation of a negative trend, with two consecutive days of net outflows that raise concerns among investors about market sentiment.

Argentina's Vice President, Victoria Villarruel, recently met with El Salvador's President, Nayib Bukele, during his visit to Buenos Aires, where the focus was largely on Bitcoin (BTC) and its implications for both nations.

As October dawned, analysts and investors were filled with optimism, expecting a repeat of the historical bullish trend known as “Uptober.” However, this optimism was quickly overshadowed by shocking market movements, leading some observers to dub the month “Rektober.”

In a surprising turn of events, Whale Alert, a platform dedicated to tracking blockchain transactions, reported that a dormant Bitcoin address holding 41 BTC—valued at over $2.6 million—has become active after nearly 11 years of inactivity.

Bitcoin (BTC) saw a brief rebound, rising above $61,500 in Asian morning trading on Wednesday, after a sharp decline that brought it down to as low as $60,300 late Tuesday.