Key Takeaways BTC bull run hangs in the balance as $100K support acts as a key pivot amid whale profit-taking and macro headwinds. “Bitcoin is still on sale,” says Michael Saylor. After Bitcoin [BTC] closed August down 6.5% from its $115,778 open, the claim carries weight. Meanwhile, MSTR scaled into BTC across three buys during the month, averaging $116,168 per …
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Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s price is holding near records, but the chain itself is quiet. Glassnode data shows transaction …
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Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading day, BTC is down 3% in the past 24 hours, changing …
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Key Takeaways BlackRock’s growing influence in Bitcoin and Ethereum ETFs and a stake in Strategy raises fears of market manipulation. What was once “the people’s money” risks becoming another Wall Street asset. BlackRock’s growing influence in the crypto sector has sparked intense speculation, with reports suggesting the firm may be orchestrating one of the largest market shake-ups yet. After acquiring …
Read More »Bitcoin’s $9B Whale Exit Reignites Questions About OG Conviction and BTC’s Direction CoinDesk Galaxy Executes One of the Largest Notional Bitcoin Transactions Ever PR Newswire A mysterious crypto account bought $54,000 worth of bitcoin in 2011 and sold it all for $9.6 billion this week, which means they can now afford one Big Mac a day for 4,971,897 years Yahoo Finance Satoshi-era Bitcoin …
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Nearly half of all crypto-related mentions on social media this week centered around Bitcoin as it hit new highs, a level of dominance that may signal a local top and a potential short-term pullback, according to sentiment platform Santiment. “As Bitcoin’s market value crept above $123.1K for the first time in its 17+ year history, there was an equally historic …
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Key Takeaways Bitcoin’s bounce off $117k, and heavy bid stacking hint that bulls aren’t done yet. Rebounding spot demand suggests it could be dry powder prepping for re-entry as “Crypto Week” heats up. Bitcoin’s [BTC] 1.32% intraday bounce off its previous day’s $117k close is another reminder that a confirmed local top isn’t here yet. The $90 million short liquidity …
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