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news-imageNovember 7, 2024

Two Bitcoin whales buy $142M BTC after Trump's win

The two whales have acquired $142 million worth of Bitcoin since Trump's victory in the US election was confirmed, showing growing investor demand for Bitcoin.
Publisher: Cointelegraph
Sentiment: Positive
BTC

More News Articles

Negative
cover-imageNewsBTC
December 4, 2024

Bitcoin's Silent Whales: Rising Exchange Inflows Hint at Market's Next Big Move

Bitcoin has experienced notable whale activity since the conclusion of the US election on November 5, with an increase in the volume of Bitcoin transferred to exchanges by active whale addresses. However, contrary to what one might expect, there hasn't been a significant surge in profit-taking activity among these large holders, a CryptoQuant analyst named onatt revealed in a recent post on the QuickTake platform.

Negative
cover-imageCoinPedia
December 4, 2024

Bitcoin Jesus Fights $48M Tax Evasion Charges

Roger Ver, famously dubbed “Bitcoin Jesus,” is no stranger to controversy. Now, he's up against U.S. prosecutors who accuse him of dodging $48 million in taxes tied to Bitcoin sales. Ver isn't just denying the charges. He's calling the tax rules themselves unconstitutional.

Negative
cover-imageThe Currency Analytics
December 4, 2024

US Moves $1B in Bitcoin, Threatening Trump's Reserve Plans

The US government recently moved a substantial portion of its Bitcoin holdings, amounting to $1.92 billion, raising concerns about the future of Bitcoin reserves under the upcoming administration. This transaction, which included $963 million moved to Coinbase, has reignited discussions on the potential for the US to liquidate its Bitcoin holdings before President Joe Biden leaves office, potentially undermining plans by President-elect Donald Trump to create a US Bitcoin Reserve.

Positive
cover-imageTokenpost
December 4, 2024

Bitcoin Market Update: MicroStrategy, MARA, and ETF Inflows Fuel Optimism

Marathon Digitals Growth: Driving Investor Confidence Bitcoin (BTCUSD) is currently consolidating after reaching a new all-time high of $93,483, with prices trading around $95,123. Both MicroStrategy and Marathon Digital Holdings (MARA) have significantly increased their Bitcoin holdings, reflecting strong institutional interest as Bitcoin approaches new highs.

Positive
cover-imageCryptopolitan
December 4, 2024

Bitcoin mining proposed as a solution to UK wind energy waste

CEO and Chairman of Bitcoin miner Marathon Digital, Fred Thiel, has called for grid operators and renewable asset owners to use Bitcoin mining to manage grid congestion due to excess energy. Thiel expressed this view in response to a recent report about excess energy being wasted by wind farms in the UK.

Positive
cover-imageNewsBTC
December 4, 2024

Bitcoin Price Could ‘Easily Double' In A Short Time, Predicts Hedge Fund CEO

In the latest episode of The Milk Road Show, Charles Edwards, founder of crypto hedge fund Capriole Investments, provided an in-depth analysis of Bitcoin's current state, its future trajectory, and the potential conclusion of the traditional 4-year Bitcoin cycle. Edwards posits that Bitcoin's journey to $100,000 could be the catalyst for an unprecedented price acceleration.

Negative
cover-imageTokenpost
December 3, 2024

Bitcoin Reserve Rejected? Trump Prioritizes Dollar, TD Cowen Casts Doubt on Digital Asset Adoption

TD Cowen analysts argue that Trumps strong commitment to dollar dominance makes adopting a Bitcoin reserve improbable, as advocates face an uphill battle for policy change. Trumps Dollar-First Strategy Blocks Bitcoin Reserve Proposals According to TD Cowen analysts, incoming US President Donald Trumps steadfast confidence in the dollars primacy as the global reserve currency makes him unlikely to back calls for a US Bitcoin reserve, Investing.com reports.

Positive
cover-imageBenzinga
December 3, 2024

Bitcoin, Ethereum, Dogecoin Hold Steady, Trader Eyes Buying Opportunity If BTC 'Hits Lower Numbers Around $90,000'

Cryptocurrency markets are trading lower on Tuesday, with altcoins continuing their strong performance. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,114.25 +0.8% Ethereum (CRYPTO: ETH) $3,616 +0.2% Solana (CRYPTO: SOL) $236.50 +3.2% Dogecoin (CRYPTO: DOGE) $0.4116 -2% Shiba Inu (CRYPTO: SHIB) $0.00002826 -2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 125.5% and daily active addresses growing by 28%.

Neutral
cover-imageCryptonews
December 3, 2024

Polymarket Bettors Predict Microsoft Has 10% Chance Of Approving Bitcoin Investment

Polymarket bettors are giving Microsoft shareholders' just a 10 percent chance of approving Michael Saylor's bitcoin investment strategy, a poll on the dentralized prediction market shows. The shareholder vote comes as Michael Saylor's MicroStrategy has experienced a dramatic increase in value following Bitcoin's post-election surge. The post Polymarket Bettors Predict Microsoft Has 10% Chance Of Approving Bitcoin Investment appeared first on Cryptonews.

Positive
cover-imageZycrypto
December 3, 2024

Bitcoin Mining Giant Acquires Huge 240 Megawatt Texan Wind Farm

Major Bitcoin mining firm Mara Holdings (formerly Marathon Digital) has reportedly bought a major wind farm in Texas to help charge its mining ambitions. The Florida-registered company is one of the biggest crypto mining facilities in the world and is looking to keep expanding aggressively despite tough mining conditions after the 2024 halving.

Positive
cover-imageBloomberg Markets and Finance
December 3, 2024

$100K Bitcoin Is Profit-Taking Stage: Bitget CEO

Bitget CEO Gracy Chen discusses Bitcoin's price almost reaching 100k and the future of altcoins and hurdles they could have getting ETF approval. She speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.

Negative
cover-imageCryptonews
December 3, 2024

Singapore's dtcpay to Replace Bitcoin and Ethereum with Stablecoins by 2025

Singapore's dtcpay will exclusively support stablecoins for digital payment services starting January 2025, phasing out Bitcoin and Ethereum transactions due to their volatility, aiming to provide customers with a more stable and secure payment solution. The post Singapore's dtcpay to Replace Bitcoin and Ethereum with Stablecoins by 2025 appeared first on Cryptonews.

Neutral
cover-imageBitcoin
December 3, 2024

​​Whale Awakens: $257M in Dormant Bitcoin Moves After 11-Year Hiatus

On Tuesday, with bitcoin hovering slightly above $95,000, a long-dormant wallet from 2013 stirred to life, transferring 2,700 BTC—an amount now valued at $257 million—after nearly 11 years of inactivity. Dormant Whale Stirs – 2,700 Bitcoin Moved The whale in question shifted a fortune of 2,700 bitcoins that had been untouched since December 2013.

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