Bitcoin’s rather stable price moves over the past day or so were disrupted after Kevin Warsh finished his speech at Jackson Hole, as the asset slumped by a few grand in an hour. Its move south dragged many altcoins with it, resulting in over $200 million in liquidated positions at one point, according to data…
A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins has transferred 500 BTC worth about $39.56 million to Coinbase Prime after the coins were reportedly inaccessible because their private keys had been lost. Summary 500 BTC, worth approximately $39.56 million, was sent to Coinbase Prime. The transfer came from a group of wallets…
BTC has reclaimed several major technical levels that previously acted as resistance, and it could resolve the remaining ones in a few days. Crypto analyst Sykodelic says Bitcoin has now cleared roughly 80% of the technical conditions needed to confirm that its recent low is in, with the final answer likely to arrive in…
North Korea-linked Lazarus Group has transferred 244.148 Bitcoin worth about $19.42 million, bringing fresh attention to wallets associated with one of the crypto industry’s most active hacking operations. Summary Lazarus Group transferred 244.148 BTC worth about $19.42 million, according to Lookonchain. The transaction’s destination and connection to any earlier theft remain undisclosed. Another Lazarus-linked wallet…
Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Summary Bullish will supply $100 million in stablecoin liquidity for GPU-backed loans. USD.AI offers non-recourse financing secured solely by computing hardware. Bullish plans to list sUSDai and support trading through a…
ETH exchange balances have fallen sharply since June, while Bitcoin balances moved slightly higher. Bitcoin and Ethereum have picked up momentum over the past two weeks after months of choppy prices. Both posted significant gains during this period, and their rise has brought fresh movement to the market. But data highlighted contrasting exchange inventory…
An ongoing attack against Solana-based crypto card platform Avici has reportedly drained more than $1 million from user collateral accounts while sending its AVICI token to an all-time low. Summary The suspected attacker held 10,005 SOL and about $11,600 in stablecoins at one checkpoint. On-chain records showed repeated calls that added an administrator before collateral…
Just a few days ago, Ripple’s cross-border token jumped to a multi-month high of around $1.70 but later retreated to the current 1.42. The move south hasn’t changed the predominant bullish tone across analysts on X, as some expect a price explosion in the near future. Here are some of the most optimistic (and even…
Strive’s SATA preferred stock has generated an estimated amount of funding sufficient to purchase 1,192 Bitcoin this week, according to live market monitoring. Summary SATA has generated an estimated funding capacity for 1,192 BTC through Friday. The tracker’s figure represents potential purchasing power, not a confirmed Bitcoin acquisition. Strive held 21,356 BTC after purchasing 1,110…
In Goldman Sachs crypto news, the financial institution maintained buy ratings on Coinbase Global and Robinhood Markets on August 25, raising its Coinbase price target to $196 from $173 and setting a new $124 target on Robinhood, according to a report by analyst James Yaro. The call landed as Bitcoin ripped roughly 26% higher over…
