Tesla Transfers Entire $765M Bitcoin Holdings to Unidentified Wallets

Tesla, the electric vehicle giant, has shifted its entire Bitcoin reserve, valued at over $765 million, into multiple untraceable wallets. Data from Arkham Intelligence revealed that a total of 11,500 Bitcoins associated with Tesla were moved on October 15, spread across 26 transactions, including a few test transfers. The initial test occurred at 8:41 PM […]

Bitcoin Dominance Reaches 3.5-Year High as Altcoins Struggle

Bitcoin’s market dominance surged to its highest point since April 2021, driven by a rising price while the altcoin market remained subdued. On October 15, Bitcoin dominance reached 58.77%, its strongest position in over three years, coinciding with the cryptocurrency hitting a 10-week high of $67,800, as per TradingView data. The price briefly pulled back […]

Bitcoin Profit-Taking nears $74K peak as Speculators Transfer $500M to Binance

Bitcoin speculators are seizing the opportunity to lock in gains as BTC’s price climbs to its highest in three months. According to data from the onchain analytics firm Glassnode, Bitcoin short-term holders (STHs) have begun capitalizing on the recent price surge, with BTC surpassing $65,000. STHs, defined as investors holding Bitcoin for 155 days or […]