Key Highlights: Bitcoin traded near $80,000, recovering 38% from its June lows below $58,000, though it remains roughly 35% below its peak of over $126,000. Technical indicators and market positioning suggest a bottom, highlighted by five straight weekly closes above the 50-week moving average and an influx of 87,000 BTC into spot ETFs. Galaxy’s Alex ...
Key Highlights: Research suggests that an estimated 11.1 million Bitcoin remain outside identified corporate, exchange, or government custody, indicating the enduring prevalence of individual self-custody. Known holders constitute roughly 45 percent of the supply, including centralized exchanges, spot ETFs, corporate treasuries, the U.S. government, and the roughly 1,123,658 BTC linked to Satoshi Nakamoto’s “Patoshi model” ...
Key Highlights Ethical hackers transferred 52.37 BTC to a newly formed recovery trust address as part of remediation efforts from the July Coldcard hardware wallet exploit. The multi-wave attack, beginning July 30, exploited a firmware vulnerability that forced wallets to use a weaker software-based random number generator, exposing over $100 million in bitcoin. Coinkite has ...
Key Highlights Bitcoin closed the week ended September 20 above its 50-week moving average for the first time in 45 weeks, signaling a potential trend reversal. The cryptocurrency gained nearly 6% during the week, trading around $81,000 and extending its rebound to 29% over the past 35 days. Galaxy Research Head Alex Thorn described the ...
A Bitcoin puzzle built from information in the Genesis Block has attracted attention from blockchain analysts and the wider Bitcoin community, but it remains unsolved….
The rapid ascent of the privacy-centric cryptocurrency Zcash (ZEC) is raising alarms among on-chain analysts, who view the sudden rally as a significant warning sign for Bitcoin (BTC). While spot exchange-traded funds (ETFs) recently drew retail capital into the digital asset space, researchers have flagged critical signs of overheating in the cryptocurrency derivatives market. Historical ...