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Bitcoin BTC$68,105.70 is on the brink of reaching a major symbolic milestone with the issuance of its 20 millionth coin.According to the Clark Moody Dashboard, 19,996,979 BTC have been mined, leaving just roughly 3,000 BTC remaining before the 20 millionth bitcoin is reached, roughly seven days away at current issuance rates. Once that threshold is crossed, more than 95% of the fixed 21 million supply will be in circulation, with just 1 million coins left to be mined over the next century.Satoshi Nakamoto hard coded the 21 million cap into bitcoin’s protocol to create a form of money with absolute…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The long-anticipated CLARITY Act, widely viewed as the cornerstone of a comprehensive US crypto market structure framework, has failed to meet the March 1 deadline set by the White House two weeks ago. The administration had urged both the crypto industry and the banking sector to reach common ground to move the legislation forward. That agreement has yet to materialize. Crypto Bill Hits ‘Yield Wall’ Representatives from both industries have held a series of meetings at the White House, frequently describing the discussions as “constructive.” However, despite…
Ethereum jumps above $2,000 as Bitmine lifts its holdings to 4.47M ETH and BMNR stock rises 8% amid renewed market activity.Ethereum reclaimed the $2,000 level on Monday as market activity increased across digital assets, while Bitmine Immersion Technologies expanded its ETH treasury. The renewed strength in Ethereum supported a sharp rise in BMNR stock, which moved higher during the trading session as traders reacted to both the token’s recovery and Bitmine’s continued accumulation.BMNR Stock Rises as Ethereum Reclaims the $2,000 LevelBMNR shares moved sharply higher during the March 2 session as Ethereum regained the $2,000 level. Trading data shows that…
Crypto outflows from Iran’s largest exchange jumped 700% within minutes of the first U.S.-Israeli airstrikes on Tehran, blockchain analytics firm Elliptic said in a Monday blog post.Elliptic said transaction volumes leaving Nobitex spiked almost immediately after the strikes, suggesting a rush to move funds offshore. Initial blockchain tracing indicates the crypto was sent to overseas exchanges that have historically received significant inflows from Iran.The activity “potentially represents capital flight from Iran that bypasses the traditional banking system,” according to Dr. Tom Robinson, Elliptic’s co-founder and chief scientist.Over the weekend, coordinated U.S. and Israeli airstrikes struck multiple targets in Iran, killing…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin moved into the headlines after Strategy completed its 101st buy, taking on 3,015 BTC at an average near $67,700. According to reports, the company spent roughly $204 million on the latest lot and now holds about 720,737 BTC in total. The new purchase nudges down the company’s overall cost basis, which some reports place around $75,985 per coin. Stock Sales Fund Buys Reports say Strategy used its market programs to raise the cash. The company sold both common shares and STRC preferred stock under at-the-market arrangements…
CZ denies market manipulation, clarifies Binance Alpha role, reaffirms 100% reserves, and expects continued Bitcoin volatility.CZ Breaks Silence on Binance FUD, BNB Drama, and Bitcoin Control during a January 31 AMA session. The Binance co-founder addressed market manipulation claims, BNB ecosystem debates, and his outlook on the crypto market cycle.CZ Rejects Market Manipulation ClaimsDuring the AMA, CZ denied allegations that Binance or he personally influenced market movements. He responded to claims tied to the October 10 sell-off. Moreover, he stated that broader macroeconomic factors drove the volatility.He emphasized that Bitcoin’s market structure makes centralized control unrealistic. “No one can realistically…
Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs pulled in $458 million, according to data curated by SoSoValue, marking one of the quarter’s strongest inflow days despite the ongoing conflict with Iran.The inflows suggest institutional investors are treating bitcoin’s recent volatility stemming from the war as contained rather than systemic.Singapore-based trading firm QCP Capital said in a recent note that the roughly $300 million in long liquidations triggered by the weekend headlines were “notable but contained,” arguing that positioning had already been materially lightened in recent weeks.Options markets told a similar story, QCP wrote, with one-day implied volatility…
After the Bitcoin price recovered from the flush to $63,000 over the last week, expectations are that the uptrend could continue. This has sparked predictions for the next rally and that the BTC price could move above $70,000 as a result of this. However, one analyst has thrown a wrench in this move, predicting that there could be another crash coming. This could lead to the final bottom, but suggests that much lower prices are coming first. The Ending Diagonal That Suggests Bitcoin Is Headed Downward EduwaveTrading posted an analysis on the TradingView website that paints a rather bearish picture…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korean financial authorities have pledged to revise their crypto custody practices following public scrutiny over multiple incidents that led to the loss of nearly $30 million in seized digital assets over the past few months. Authorities Move To Enhance Crypto Custody Practices South Korea’s Deputy Prime Minister and Minister of Finance, Koo Yun-cheol, affirmed that authorities will review their management practices of seized crypto assets by government and public authorities, and develop measures to prevent the theft and loss of these assets. “In response to the…
A major Ethereum holder swapped 1,000 ETH for Tether Gold (XAUT) at a $60K loss, signaling a shift toward tokenized gold as a hedge.Ethereum exchange reserves have fallen to multi-year lows near 16 million ETH, reducing immediate sell pressure and hinting at potential supply tightness.Analysts see price compression around $1,937, with a breakout above $1,989 needed to shift short-term momentum from bearish to bullish.One of the biggest Ethereum holders just traded 1,000 ETH (around 1.94 million dollars) into 358.49 XAUT, a gold token on the blockchain, at over a loss of over 60,000. The trade has raised concerns regarding strategies…