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. Leverage in crypto markets is surging back to bull-market levels, even as last Thursday’s pullback reminded …
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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