Bitcoin whales unload $12.7B in biggest sell-off since 2022
Large Bitcoin holders have offloaded roughly 115,000 BTC worth $12.7 billion over the past month, marking the steepest sell-off since mid-2022, according to market data. Analysts warn the pressure from these sales could continue to weigh on prices in the weeks ahead. CryptoQuant analyst caueconomy noted on Friday that the drawdown in whale balances “has […]
El Salvador Marks Four Years Since Bitcoin Adoption With Mixed Outcomes
El Salvador’s Bitcoin Office marked the fourth anniversary of its landmark decision to recognize Bitcoin as legal tender, an event celebrated each September as “Bitcoin Day.” In a post on X this Sunday, the office showcased several milestones: the nation’s Bitcoin reserve now sits at 6,313 BTC—worth more than $702 million at current prices—along with […]
Saylor’s Strategy adds $217M worth of Bitcoin as accumulation continues
Michael Saylor’s company, Strategy, the largest institutional Bitcoin holder worldwide, has once again expanded its crypto stash while the BTC market held steady last week. According to a filing with the U.S. Securities and Exchange Commission on Tuesday, Strategy acquired 1,955 BTC between September 2–7, spending about $217.4 million. The average purchase price was $111,196 […]