Bitcoin | Crypto

Bitcoin’s largest investors are steadily reducing their exposure, with data showing a direct link to profit-taking during the recent rally. Glassnode reported on Sept. 3 that wallets holding between 100 and 10,000 BTC now average just 488 BTC—the lowest level since December 2018. According to the firm, this decline marks a continuation of a trend […] The post Bitcoin whale holdings dwindle to lowest levels since 2018 amid significant profit-taking appeared first on CryptoSlate.

The Bitcoin miners grew BTC output in August while expanding their operational hash rates more than 100% year-over-year. Bitcoin miners Riot Platforms and CleanSpark boosted their crypto production in August, according to operational updates on Wednesday. Riot Platforms mined 477 BTC in August, up from 322 BTC year-over-year. The output represents a 48% increase compared to August 2024. According to the company, it sold 450 BTC for net proceeds of $51.8 billion during the month, and now holds 19,309 BTC, a 92.7% increase in 12 months.  Meanwhile, CleanSpark mined 657 BTC in August, up from 478 BTC during the same month in 2024. The jump amounts to a year-over-year increase of 37.5%. The company sold 533.5 BTC for $60.7 million last month. Read more

Billionaire investor Ray Dalio said the U.S. is nearing the late stages of a debt cycle that threatens the dollar’s role as the world’s reserve currency, a shift that he believes could boost demand for Bitcoin, gold, and other limited-supply assets. Dalio, founder of Bridgewater Associates, released the comments after accusing the Financial Times of […] The post Bilionaire Ray Dalio reiterates warnings of dollar decline, suggests Bitcoin as a hedge appeared first on CryptoSlate.

Bitcoin extends a relief bounce to liquidate shorts as analysis praises its macro hedge status ahead of a presumed Fed interest-rate cut. Key points: Bitcoin returns to $112,000 as bulls stage a key resistance retest. BTC price action preserves the “bull market support channel” in a classic dip to support. Read more

“Red September” is Bitcoin’s worst month, but rate cut hopes and institutional momentum could extend its winning streak. Bitcoin snapped a three-year streak of negative summer average returns, but it now enters its worst month, known as “red September.” September carries the dreaded nickname because it has delivered the lowest monthly returns for Bitcoin (BTC), averaging –3.77% across 12 years from 2013. It is also the month China imposed a pair of major crypto bans in 2017 and 2021. That record is weighed down by six consecutive years of losses from 2017 to 2022. The tables turned in 2023, and Bitcoin has now posted two straight September gains, including its best September ever in 2024, when it closed the month up 7.29%. Read more

Bitcoin’s march toward $150,000 could gain momentum as soaring G7 bond yields push investors toward hard assets like BTC and gold. Key takeaways: Bitcoin thrives when yields rise on debt and inflation fears, but struggles when central banks tighten aggressively. Today’s bond market stress looks inflation- and debt-driven, suggesting BTC could follow gold’s record run with higher-beta gains. Read more

Bitcoin spot and exchange flows point to an early recovery, but a close above $113,650 is needed to confirm the trend change. Key takeaways: Bitcoin’s Cost Basis Distribution shows strong buyer support versus Ether’s weaker flows. Coinbase and Binance netflows hint at a liquidity regime shift favoring reaccumulation. Read more

Strategy, the business intelligence firm formerly known as MicroStrategy, has reinforced its Bitcoin position with another large purchase. In a Sept. 2 filing with the US Securities and Exchange Commission (SEC), the company reported acquiring 4,048 BTC for $449.3 million, paying an average of $110,981 per coin. The move lifts Strategy’s total Bitcoin balance to […] The post Strategy pushes Bitcoin stash over $69B, raises STRC dividend to 10% amid criticism appeared first on CryptoSlate.

Bitcoin surprises with upside volatility in line with gold, but the risk of a return to test $100,000 is on the cards "in the coming days," a trader warns. Key points: Bitcoin moves in step with gold, rising toward $112,000 as gold hits new all-time highs. BTC price action has yet to confirm a reversal, say commentators, with the risk of a $100,000 dip still real. Read more

Bitcoin can rise toward $140,000 next and push higher over the next year if it repeats past gains seen after gold’s record highs. Key takeaways: BTC has rallied between 145% and 304% within a year of past gold peaks. The top crypto can rally to as high as $400,000 if the gold fractal repeats. Read more

Bitcoin still has time for one more surge to $150,000 says Peter Brandt, as retail sentiment around Solana soars: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. After soaring to new highs in August, Bitcoin is now facing a critical test for its next major move, according to veteran trader Peter Brandt. I think there is still room for one more big thrust, perhaps to $125,000 to $150,000, but it is running out of time, Brandt tells Magazine. Read more

Bitcoin still has time for one more surge to $150,000 says Peter Brandt, as retail sentiment around Solana soars: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. After soaring to new highs in August, Bitcoin is now facing a critical test for its next major move, according to veteran trader Peter Brandt. I think there is still room for one more big thrust, perhaps to $125,000 to $150,000, but it is running out of time, Brandt tells Magazine. Read more

Michael Saylor’s Strategy announced a $449 million Bitcoin purchase made last week, bringing total BTC buys in August to just 7,714 BTC. Michael Saylor’s Strategy, the world’s largest public company holding Bitcoin, purchased more BTC as the price slipped below $108,000 last week. Strategy acquired 4,048 Bitcoin (BTC) for $449.3 million between Aug. 25 and Monday, according to a US Securities and Exchange Commission filing on Tuesday. Strategy’s latest Bitcoin purchase was made at an average price of $110,981 per BTC, as the crypto asset briefly surged above $113,000 and subsequently dropped below $108,000 on Friday, according to CoinGecko. Read more

Bitcoin’s hold over $109,000 hinges on this week’s US jobs report and other macroeconomic data. Key takeaways: Bitcoin whales rotating billions of dollars into Ether highlight weakening conviction in Bitcoin’s $108,000 support among major players. Bitcoin derivatives show rising liquidation risks with $390 million in leveraged longs at peril below $107,000. Read more

The United Arab Emirates has become a hot spot for the crypto industry as clear regulatory frameworks and no tax on crypto profits has driven interest in digital assets. RAK Properties, one of the largest publicly traded real estate company in the Ras Al Khaimah emirate of the United Arab Emirates (UAE), will start accepting cryptocurrency for international property transactions. According to a Monday announcement, RAK Properties will begin accepting payments in Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT), among others. The move underscores the growing adoption of digital assets in the UAE, a sector projected to become one of the country’s largest in the coming years. Crypto transactions will be handled by Hubpay, a global payments platform based in the region. Hubpay will convert digital assets into the UAE’s local fiat currency before depositing them into RAK's accounts. Read more

The crypto market is trading sideways today as traders appear to be positioning for what is historically the worst month of the year for Bitcoin.

Metaplanet has secured approval to raise $884M to expand Bitcoin holdings and has lifted its stash to 20,000 BTC, while a compressed premium has slowed its “flywheel.” The firm has paused Evo Fund warrants and has proposed preferred shares to reduce dilution risk. The post Metaplanet OKs $884M Raise, Eyes $3.8B Preferred While its Bitcoin ‘Flywheel’ Stalls appeared first on Cryptonews.

Global crypto investment products swung back into positive territory last week, recording $2.48 billion in net inflows after a period of withdrawals, according to CoinShares‘ weekly report. The renewed momentum lifted August’s total net inflows to $4.37 billion, pushing year-to-date commitments to $35.5 billion. James Butterfill, head of research at CoinShares, noted that inflows remained strong […] The post US leads $2.48 billion crypto inflow as Ethereum outshines Bitcoin in August appeared first on CryptoSlate.

Warren Buffett’s Berkshire Hathaway seems to be increasingly fearful as others become greedy, which has historically preceded big crashes in the stock market. Key takeaways: Buffett’s growing cash appetite has historically preceded stock market crashes. A potential Nasdaq downturn will likely pull down Bitcoin, too. Read more

The BRC-20 token protocol has added Ethereum Virtual Machine support, opening the door to decentralized apps and DeFi on Bitcoin.