Fresh addresses are accumulating Bitcoin despite the heavy price drawdown

Analysis Elliot Langston -
Bitcoin’s volatility intensified in the second week of January, with its price falling 6.25% between Jan. 6 and Jan. 12 to $90,900 from $96,960. While this is still in line with expected drawdowns during bull cycles, the drop provides an excellent case study for analyzing the market’s behavior. Observing the changes in realized price through the UTXO age distribution can...
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Thailand seizes 996 Bitcoin miners after busting local operation stealing electricity

Thai authorities confiscated 996 Bitcoin (BTC) mining rigs in Chon Buri province, accusing operators of illegally siphoning electricity to power the energy-intensive machines. The raid,...

Hong Kong approves 4 new crypto trading platform licenses in regulatory push

Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step in its fast-tracked regulatory...

Gate io denies hacking rumors amid its GateToken rally to new ATH

GateToken, the native crypto of the Gate.io exchange, has surged to a new all-time high despite rumors about a potential security breach circulating on...

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MicroStrategy buys 1,070 BTC as Saylor declares interest in Bitcoin advisory for Trump

MicroStrategy disclosed the acquisition of 1,070 Bitcoin for $101 million in a Jan. 6 filing with the US Securities and Exchange Commission (SEC). This marks the firm’s ninth consecutive week of aggressive purchases, bringing its total Bitcoin holdings to 447,470 BTC as of Dec. 31, 2024. The digital assets were purchased for an aggregate price of $27.97 billion but are now valued...

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Amsterdam Blockchain Week: A Celebration of Web3 Innovation and Collaboration

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Amsterdam, Netherlands – March 10-16, 2025 The Web3 industry is gearing up for an extraordinary convergence as Web3 Global brings another hit conference. This time, the vibrant capital of the Netherlands will be the location of Amsterdam Blockchain Week...
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Coinbase believes tokenization, DeFi will be key themes in 2025 amid pro-crypto policies

Coinbase’s latest market outlook for 2025 identifies tokenization, DeFi resurgence, and a shift toward pro-crypto regulation in the US as key trends for the...
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Trump signs executive order to establish ‘strategic digital asset stockpile,’ form crypto working group

President Donald Trump signed an executive order on Jan. 23 establishing a new working group focused on crypto, potentially a “strategic national digital assets...
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Czech Central Bank to pursue studying Bitcoin reserves despite ECB opposition

The Czech National Bank (CNB) announced plans to explore the potential inclusion of Bitcoin (BTC) in its reserve assets on Jan. 30. The move...
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Santiment highlights contrarian opportunities amid mixed market sentiment

The crypto market is navigating a wave of mixed sentiment, with major digital assets showing varying degrees of optimism and skepticism, according to a...
Analysis

Bitcoin sees wealth shift from long-term holders to new investors – Glassnode

Bitcoin’s (BTC) ongoing bull market has marked a significant transition of wealth from long-term holders to new investors, according to a recent Glassnode report. The...
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Bitcoin risks consolidation as Treasury yields surge and economic outlook dims – Bitfinex

Bitcoin (BTC) briefly lost the $90,000 level to hit $88,900 on Jan. 13 after falling nearly 7% amid the macroeconomic uncertainty gripping the markets,...
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Major Portuguese bank blocks fiat transfers to crypto platforms

Banco of Investimentos Globais (BiG), one of Portugal’s largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared by Delphi...
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South Korea’s crypto market poised for change with new institutional guidelines

South Korea is reportedly preparing to relax its restrictions on crypto trading for institutional investors, signaling a significant shift in the country’s approach to...

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New Hampshire bill proposes Bitcoin reserve for state treasury investments

Elliot Langston -
New Hampshire State Representative Keith Ammon introduced legislation to create a strategic reserve of digital assets with an average yearly market cap of over $500 billion and US-pegged stablecoins to the state treasury, according to a bill introduced on...

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