Bitcoin reserves on exchanges plummet to record lows, signaling potential supply shock. Investors withdrawing BTC from exchanges for holding, not selling. Prices near $70,000. Supply shock, fueled by decreasing exchange reserves and halving, could spur significant price surge.
Xu LinAs the Bitcoin market continues to develop, the achievement of surpassing the silver ETF has consolidated Bitcoin's important position in the global financial market.
JinseFinanceTether expands bitcoin holdings to 66,465 BTC with a $380 million acquisition, affirming a consistent accumulation strategy. The stablecoin issuer diversifies into bitcoin mining and commits to regular investments.
Huang Bo"I still own a bunch of dogecoin, and Spacex owns a bunch of bitcoin."
ZoeyThe US government's Bitcoin holdings have surged to $8.3 billion due to recent seizures linked to high-profile cases. Comparatively, these holdings exceed those of prominent entities like MicroStrategy. Limited sales have occurred, generating substantial revenue, yet the US could have retained a much larger stash if BTC hadn't been sold. Anticipation looms over potential Silk Road Bitcoin sales, while uncertainties persist regarding Bitfinex hacker-held BTC. This development positions the US with potentially the world's largest government-held Bitcoin reserves, surpassing various countries combined, while China could rival this status if its holdings remain unsold.
EdmundTether accumulates Bitcoin, now holding $3 billion worth, potentially among top 10 BTC holders. Increased holdings speculated from Bitfinex and reinvestment of profits. Bitcoin's ETF anticipation boosts price amid institutional interest. Major financial players enter crypto realm.
EdmundThe electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.
Others“I’m trying to get people to plant trees,” said Fangorn, a green-fingered Bitcoiner, “as an avenue for low-time preference.”
CointelegraphElon Musk's electric vehicle maker has offloaded most of its BTC reserves, according to financial statements released on Wednesday.
CointelegraphAnalytics provider Glassnode reports that long-term BTC holders are reducing their spending and increasing their positions.
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