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Binance Records $1.65 Billion Stablecoin Inflow as Traders Position for Market Recovery

Bitcoin

Binance Records $1.65 Billion Stablecoin Inflow as Traders Position for Market Recovery

Users deposited $1.65 billion in stablecoins on Binance cryptocurrency exchange during Tuesday's trading session. Cointelegraph reported the massive inflow coincided with nearly $1 billion in Ethereum withdrawals from the platform. The deposit total represents the second time this month that net stablecoin deposits on Binance exceeded $1.

By Albert Morgan Aug 27, 2025
MicroStrategy Purchases 357 Million In Bitcoin As Price Falls To 112K

Bitcoin

MicroStrategy Purchases 357 Million In Bitcoin As Price Falls To 112K

According to Cointelegraph, MicroStrategy acquired 3,081 Bitcoin for $356.9 million during the week ending Sunday. The business intelligence company purchased the Bitcoin batch at an average price of $115,829 per coin. Bitcoin started the week around $116,700 before sliding to $112,000 on Thursday. The acquisition

By Albert Morgan Aug 26, 2025
Major Bitcoin Whale Rotates Between Ethereum Derivatives and Spot Markets

Bitcoin

Major Bitcoin Whale Rotates Between Ethereum Derivatives and Spot Markets

An $11 billion Bitcoin whale closed $450 million worth of Ethereum perpetual long positions on Monday while simultaneously purchasing $108 million in additional spot Ether. According to Cointelegraph, the whale closed the positions at an average Ethereum price of $4,735, securing $33 million in profit from the derivatives trades.

By Albert Morgan Aug 26, 2025
Custodia CEO Warns Traditional Finance Firms Face First Crypto Winter Challenge

Bitcoin

Custodia CEO Warns Traditional Finance Firms Face First Crypto Winter Challenge

According to Cointelegraph, Custodia Bank CEO Caitlin Long warned traditional finance firms about potential struggles during their first crypto winter. Long made these comments at the Wyoming Blockchain Symposium on Friday when speaking to CNBC. Long stated that institutional investors from traditional finance lack updated risk tolerance models for cryptocurrency

By Albert Morgan Aug 24, 2025
Santiment Warns Fed Rate Cut Social Chatter Could Signal Crypto Market Top

Bitcoin

Santiment Warns Fed Rate Cut Social Chatter Could Signal Crypto Market Top

According to Cointelegraph, social media discussions about Federal Reserve interest rate cuts have reached their highest levels in 11 months. Sentiment platform Santiment issued a warning Saturday stating this surge in online chatter could signal dangerous market euphoria. The firm noted that such massive spikes in discussion around bullish narratives

By Albert Morgan Aug 24, 2025
IRS Digital Assets Chief Trish Turner Exits After Three Month Tenure

Bitcoin

IRS Digital Assets Chief Trish Turner Exits After Three Month Tenure

Trish Turner resigned from her role as head of the Internal Revenue Service digital assets division after serving just three months in the position. According to Cointelegraph, Turner announced her departure through a LinkedIn post on Friday, expressing appreciation for her 20-year career with the tax agency. Turner stated she

By Albert Morgan Aug 23, 2025
Crypto Market Returns to Greed Territory After Powell Jackson Hole Speech Sparks Rally

Bitcoin

Crypto Market Returns to Greed Territory After Powell Jackson Hole Speech Sparks Rally

The cryptocurrency market returned to "Greed" territory on Saturday as Bitcoin and Ethereum surged following Federal Reserve Chair Jerome Powell's dovish comments at Jackson Hole. According to Cointelegraph, the Crypto Fear & Greed Index rose to 60 on Saturday, gaining 10 points from Friday's

By Albert Morgan Aug 23, 2025
Strategy Executive Claims Bitcoin Buying Strategy Does Not Move Market Prices

Bitcoin

Strategy Executive Claims Bitcoin Buying Strategy Does Not Move Market Prices

Strategy's corporate treasurer directly challenged widespread market speculation about the company's influence on Bitcoin prices during a recent podcast appearance. Shirish Jajodia, who oversees the firm's massive Bitcoin treasury operations, told Cointelegraph that Strategy carefully structures its purchases to avoid market impact. "The

By Albert Morgan Aug 22, 2025
Philippine Lawmakers Propose 10,000 Bitcoin National Reserve Program

Bitcoin

Philippine Lawmakers Propose 10,000 Bitcoin National Reserve Program

Cointelegraph reports that the Philippine Congress is weighing legislation that would establish a strategic Bitcoin reserve of 10,000 BTC through its central bank. House Representative Miguel Luis Villafuerte filed House Bill 421 on June 30, 2025, directing the Bangko Sentral ng Pilipinas to purchase 2,000 Bitcoin annually over

By Albert Morgan Aug 22, 2025
Crypto Markets Rebound as Bitcoin Sentiment Exits Fear Territory

Bitcoin

Crypto Markets Rebound as Bitcoin Sentiment Exits Fear Territory

Bitcoin sentiment has returned to neutral levels following a brief market correction that pushed the cryptocurrency into fear territory on Wednesday. According to Cointelegraph, Bitcoin fell to $112,350 on Coinbase during late trading on Wednesday, representing a 10% correction from its August peak of just over $124,000. The

By Albert Morgan Aug 21, 2025
Bitcoin Whale Sells $189 Million BTC for Massive Ethereum Long Position

Bitcoin

Bitcoin Whale Sells $189 Million BTC for Massive Ethereum Long Position

A Bitcoin whale who held 14,837 BTC for seven years sold $189 million worth of Bitcoin to open leveraged Ethereum positions totaling $295 million. According to Cointelegraph, the whale initially sold 670 BTC for $76 million on Wednesday, then deposited another 1,000 BTC worth $113 million on decentralized

By Albert Morgan Aug 21, 2025
Fed Chair Powell Speech Triggers Bitcoin Price Drop to Two Week Low

Bitcoin

Fed Chair Powell Speech Triggers Bitcoin Price Drop to Two Week Low

Bitcoin dropped to $112,565 on Wednesday, reaching its lowest point in two weeks as cryptocurrency investors prepared for Federal Reserve Chair Jerome Powell's upcoming Jackson Hole speech. According to Cointelegraph, the price decline represented the lowest level since August 3. The drop below $113,000 reflected growing

By Albert Morgan Aug 20, 2025
Crypto Funds Experience Record Outflows As Price Corrections Continue

Bitcoin

Crypto Funds Experience Record Outflows As Price Corrections Continue

Cryptocurrency investment products posted their second-largest daily withdrawals this month on Tuesday. Cointelegraph reports that Bitcoin ETF outflows reached $523 million. Ethereum ETF redemptions totaled $422 million on the same day. The massive withdrawals represent a more than fourfold increase for Bitcoin funds compared to Monday's $200 million

By Albert Morgan Aug 20, 2025
US Retirement Plan Crypto Access May Drive Bitcoin Above $200,000

Bitcoin

US Retirement Plan Crypto Access May Drive Bitcoin Above $200,000

President Donald Trump signed an executive order on August 7, 2025, allowing Americans to invest their 401(k) retirement savings in cryptocurrencies and other alternative assets. According to Cointelegraph, this development could push Bitcoin above $200,000 by the end of 2025, based on analysis from André Dragosch, head of

By Albert Morgan Aug 20, 2025
SEC Registered Investment Adviser Two Prime Teams With Figment for Digital Asset Yield

Bitcoin

SEC Registered Investment Adviser Two Prime Teams With Figment for Digital Asset Yield

Two Prime and Figment announced a strategic partnership Tuesday to provide institutional clients access to yield opportunities across Bitcoin and over 40 digital asset protocols. According to Cointelegraph, Two Prime's institutional clients will gain access to yield strategies for Bitcoin, Ethereum, Solana, Avalanche and Hyperliquid through the collaboration.

By Albert Morgan Aug 20, 2025
Dutch Crypto Firm Amdax Plans Bitcoin Treasury Listing on Amsterdam Exchange

Bitcoin

Dutch Crypto Firm Amdax Plans Bitcoin Treasury Listing on Amsterdam Exchange

Dutch cryptocurrency service provider Amdax announced Monday its intention to create a Bitcoin treasury company for listing on Amsterdam's Euronext stock exchange. According to Cointelegraph, the company is establishing AMBTS B.V., a privately held firm with independent governance that will operate as a standalone entity. AMBTS aims

By Albert Morgan Aug 18, 2025
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