U.S. still holds $6.5b in seized Silk Road Bitcoin
U.S. authorities have not executed any new Bitcoin sales, despite reports suggesting that the Department of Justice had authorized a massive offload. Blockchain intelligence platform Arkham confirmed that billions in seized Silk Road and FBI-confiscated Bitcoin (BTC) remain in U.S. government-controlled addresses as of Jan. 9. The data provider shared on-chain proof confirming a $6.44 […]
Bitcoin, crypto prices throttled by macro headwinds: QCP
Crypto prices slipped this week as the Fed’s minutes revealed a hawkish outlook due to increasing inflation concerns. Bitcoin (BTC) and the broader cryptocurrency market buckled on Jan. 9, extending a multi-day downturn with the total digital asset sector down 4% to $3.37 trillion in 24 hours. A QCP Capital researcher wrote on Telegram that […]
Bitcoin miner CleanSpark hits 10,000 BTC in its treasury
CleanSpark, a U.S.-listed Bitcoin miner, has surpassed 10,000 BTC in its treasury, a milestone achieved entirely through its self-mining operations. According to an announcement CleanSpark shared on Jan. 9, its Bitcoin (BTC) treasury reached 10,097 BTC, all mined through its own activities. The milestone came a day after the company revealed it had mined 668 […]
US cleared to sell $6.5B in Bitcoin — Will it crash BTC price?
US government holds about $18.50 billion worth of Bitcoin, which it may sell entirely ahead of Donald Trump’s presidency. Source link
Bitcoin will hit $1.5M by 2035, says analyst who called 2024 bounce
Bitcoin network growth is set to take BTC price to seven figures within the next decade, says Timothy Peterson. Source link
UK Judge dismisses $770M Bitcoin landfill hard drive case
The hard drive containing over 8,000 Bitcoin was mistakenly disposed of in a landfill in 2013. Source link
MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?
Critics call it heedless; supporters say it’s brilliant. Either way, Michael Saylor continues doubling down on Bitcoin. Source link
US entities hold 65% more Bitcoin than offshore players — CryptoQuant
In the past 24 hours, $521 million has been liquidated from the crypto market. Source link
Bitcoin ETF outflows hit three-week high
Spot Bitcoin exchange-traded funds in the United States recorded their highest outflow day on Jan. 8 over the last three weeks as Bitcoin briefly dipped under $93k, resulting in market-wide panic among investors. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $582.9 million in outflows on Tuesday, ending a three-day inflow streak […]
Thai authorities unplug Bitcoin mine that stole millions of baht in electricity
Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht. According to local media, the PEA, in collaboration with the Crime Suppression Division, has seized 996 Bitcoin mining rigs during a raid on the mining farm located in the Phanat […]
