Category: The Bull & The Bear
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Bhutan sells $92 million in Bitcoin during market downturn
Bhutan sold $92 million in Bitcoin during a market dip, impacting reserves. The move involved BTC and USD, reflecting strategic asset management by the Himalayan kingdom.
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MicroStrategy adds 430 Bitcoin to reach 158,245 BTC holdings in 2024
MicroStrategy acquired 430 BTC for $23 million, increasing holdings to 158,245 BTC. Michael Saylor continues aggressive Bitcoin accumulation amid market volatility.
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3.78 billion in dormant Bitcoin moves after 5 years involving Mt. Gox wallets
3.78 billion in dormant Bitcoin moved after 5 years, involving wallets linked to Mt. Gox and Satoshi-era holdings, signaling potential market shifts.
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Bitcoin drops 8% as Fed rate hike fears rattle crypto markets on August 18
Bitcoin dropped 8% to $25,000, Ethereum fell 10% amid Fed rate hike fears; Binance and Coinbase volumes declined 15%.
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United States’ Bitcoin Holdings Top $24 Billion After Ruling Out Buying
The U.S. holds $24B in Bitcoin, per Treasury data. MicroStrategy added 12,000 BTC in Q1 2024. SEC delayed Ethereum ETF decision to May.
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Strategy adds 430 Bitcoin to reach 629,376 BTC in Q2 2023
Strategy purchased 430 Bitcoin, increasing total holdings to 629,376 BTC, valued at $25 billion, alongside MicroStrategy and Tesla holdings.
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BitMine Ethereum Treasury hits $6.6B surpassing MicroStrategy BTC holdings
Tom Lee’s BitMine Ethereum treasury reaches $6.6B, surpassing MicroStrategy’s $5.8B BTC holdings. ETH price rises 12% in Q1 2024.
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Ethereum drops 6% as whales transfer $120M to exchanges in 2024
Ethereum dropped 6% as whales moved $120M to exchanges. Bitcoin fell 3%, while SEC delays ETF decision. Market cap declines to $1.2T.
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Bhutan moves 800 BTC for Binance deposit amid $48 million transfer
Bhutan relocated 800 BTC worth $48 million to new wallets, potentially for Binance deposit, involving entities like Bitdeer and Druk Holding.
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Metaplanet’s Bitcoin Treasury Swells to 18,888 BTC With Fresh Buy
Metaplanet purchased 117.7 BTC on July 8, raising its Bitcoin holdings to 18,888 BTC worth $1.15 billion amid market volatility.
