Bitcoin
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.
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
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
Bitcoin
Cointelegraph reports that Strategy acquired 430 Bitcoin for $51.4 million during the week ending August 18, 2025. The purchase occurred at an average price of $119,666 per coin as Bitcoin experienced massive volatility. The acquisition happened as Bitcoin reached new all-time highs above $124,000 on Wednesday before
Bitcoin
Cointelegraph reports that Ether holds a slight edge over Bitcoin in short-term prospects due to less overheated social media sentiment. According to sentiment platform Santiment, Ether crowds haven't shown nearly as much bullishness despite better performance over the past three months. The ETH/BTC ratio, which measures Ether&
Bitcoin
Gemini Space Station has filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the ticker GEMI. According to Cointelegraph, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss submitted its filing on Friday. The IPO