Bitcoin whales resume accumulation near $71K

Whale wallets ramp up Bitcoin buying as price hovers around $71K, according to on-chain data published by Santiment. Summary Bitcoin whales resumed accumulation after two weeks of selling. BTC gained 2.4% while the S&P 500 fell 2.2% over five weeks. Long-term holder MVRV at -25% signals potential accumulation zone. Wallets holding between 10 and 10,000…

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Bitcoin Edges Higher in Asia Despite Middle East Tensions: What’s Driving Volatility?

Bitcoin, especially Bitcoin Asia, is defying gravity this Friday morning. Despite oil prices hovering near $100 per barrel and tensions with Iran showing no signs of cooling down, the world’s largest cryptocurrency climbed 2.6% to briefly top $72,000 in early Asian trading. Usually, geopolitical fear sends investors running for cash, but crypto is showing unexpected…

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Ethereum Foundation Sells $10.2M in ETH to Bitmine as New Mandate Redefines Network Stewardship

The Ethereum Foundation paired a $10.2 million ether sale with a sweeping new manifesto this week, signaling that while it still helps fund the network’s development, it no longer sees itself as Ethereum’s central authority. The $10.2M Ethereum OTC Deal On March 14, the Ethereum Foundation (EF) confirmed it completed an over-the-counter (OTC) sale of…

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