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A long-dormant wallet has just moved 2,931 BTCโworth approximately $188 millionโinto a new address, after staying inactive since Bitcoin was trading at just $6,500.
These coins remained untouched through multiple bull and bear cycles, only now resurfacing.
While large movements from old wallets always draw attention, they donโt automatically signal a sell-off. The transfer could simply reflect a shift to a new wallet, a custodial service, or a security upgrade.
Still, whenever a historic whale stirs, the market takes note.
๐ฅ @Bitcoin_Insights
Crypto Edge
A long-dormant wallet has just moved 2,931 BTCโworth approximately $188 millionโinto a new address, after staying inactive since Bitcoin was trading at just $6,500.
These coins remained untouched through multiple bull and bear cycles, only now resurfacing.
While large movements from old wallets always draw attention, they donโt automatically signal a sell-off. The transfer could simply reflect a shift to a new wallet, a custodial service, or a security upgrade.
Still, whenever a historic whale stirs, the market takes note.
๐ฅ @Bitcoin_Insights
Crypto Edge
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Michael Saylor and Adam Back have publicly opposed Bitcoin Improvement Proposal (BIP) 110.
The proposal seeks to reduce spam transactions by modifying Bitcoinโs consensus rules. But critics say it wonโt fix the issueโand might open the door to deeper risks.
Saylor argues that spam isnโt the real threat to Bitcoin, and altering consensus rules for this reason could lead to unintended outcomes. Back emphasizes that the proposal goes against Bitcoinโs core principles by trying to control how users engage with the network.
There's also a practical counterexample: a recent test where a developer successfully embedded a 66 KB image directly into a transactionโsidestepping the very limits BIP 110 aims to impose.
Bottom line: if someone is determined to store data on-chain, theyโll probably find a way. That makes changes to consensus an incomplete fix.
๐ฅ @Bitcoin_Insights
Crypto Edge
Michael Saylor and Adam Back have publicly opposed Bitcoin Improvement Proposal (BIP) 110.
The proposal seeks to reduce spam transactions by modifying Bitcoinโs consensus rules. But critics say it wonโt fix the issueโand might open the door to deeper risks.
Saylor argues that spam isnโt the real threat to Bitcoin, and altering consensus rules for this reason could lead to unintended outcomes. Back emphasizes that the proposal goes against Bitcoinโs core principles by trying to control how users engage with the network.
There's also a practical counterexample: a recent test where a developer successfully embedded a 66 KB image directly into a transactionโsidestepping the very limits BIP 110 aims to impose.
Bottom line: if someone is determined to store data on-chain, theyโll probably find a way. That makes changes to consensus an incomplete fix.
๐ฅ @Bitcoin_Insights
Crypto Edge
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Bitcoin Nears Crucial Support Threshold
Bitcoin is testing the lower boundary of the Power Law model, a trend Fidelity has monitored since 2015. At current levels, this support sits around $58,000, with the modelโs upper range near $120,000.
Jurrien Timmer, Director of Global Macroeconomics, identifies this zone as a key accumulation area.
๐ฅ @Bitcoin_Insights
Crypto Edge
Bitcoin is testing the lower boundary of the Power Law model, a trend Fidelity has monitored since 2015. At current levels, this support sits around $58,000, with the modelโs upper range near $120,000.
Jurrien Timmer, Director of Global Macroeconomics, identifies this zone as a key accumulation area.
๐ฅ @Bitcoin_Insights
Crypto Edge
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RAY DALIO: The technology behind Bitcoin completely transformed my worldview.
๐ฅ @Bitcoin_Insights
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๐ฅ @Bitcoin_Insights
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NEW: ๐ Hyundai, a global industrial powerhouse, has successfully completed an enterprise treasury pilot using Tether USDโฎโenabling seamless cross-border movement of corporate funds.
Discover how: https://tether.io/news/global-industrial-conglomerate-hyundai-completes-enterprise-treasury-pilot-on-tether-usdt-moving-corporate-funds-across-global-borders/
Crypto Edge
Discover how: https://tether.io/news/global-industrial-conglomerate-hyundai-completes-enterprise-treasury-pilot-on-tether-usdt-moving-corporate-funds-across-global-borders/
Crypto Edge
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JUST IN: ๐ Strategy has boosted its USD reserves by $450 million, reaching $3 billion, via a common stock ATM offering. The move aims to strengthen support for dividends on its perpetual preferred stock.
Source: https://x.com/BTCtreasuries/status/2076639763000701423
Crypto Edge
Source: https://x.com/BTCtreasuries/status/2076639763000701423
Crypto Edge
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๐บ๐ธ Strive, a publicly traded company, has purchased an additional 18 bitcoins for $1.2 million, increasing its total Bitcoin holdings to $1.27 BILLION.
๐ฅ @Bitcoin_Insights
Crypto Edge
๐บ๐ธ Strive, a publicly traded company, has purchased an additional 18 bitcoins for $1.2 million, increasing its total Bitcoin holdings to $1.27 BILLION.
๐ฅ @Bitcoin_Insights
Crypto Edge
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SAIFEDEAN: Fiat is a leaky bucket. Bitcoin is the first truly sound monetary containerโone that holds value without leaking.
Crypto Edge
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"I don't believe any external force will come to save bitcoin. It has to rise on its own merit."
โ Lyn Alden explains why the next major surge won't be driven by regulation or sovereign adoption. True momentum will come from the market's internal dynamics.
#Bitcoin_Insights
Crypto Edge
โ Lyn Alden explains why the next major surge won't be driven by regulation or sovereign adoption. True momentum will come from the market's internal dynamics.
#Bitcoin_Insights
Crypto Edge
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๐บ๐ธ President Trump, moments ago:
The U.S. Senate must act immediately and pass the Clarity Act.
๐ฅ @Bitcoin_Insights
Crypto Edge
The U.S. Senate must act immediately and pass the Clarity Act.
๐ฅ @Bitcoin_Insights
Crypto Edge
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JUST IN: ๐ OranjeBTC adds 8 BTC to its treasury this week and repurchases 70,000 shares.
Source: https://x.com/BitcoinForCorps/status/2076641369032966380
Crypto Edge
Source: https://x.com/BitcoinForCorps/status/2076641369032966380
Crypto Edge
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SAIFEDEAN: Fiat is a leaky bucket. Bitcoin is the first true monetary containerโno spillage, no erosion.
๐ @Bitcoin_Insights
Crypto Edge
๐ @Bitcoin_Insights
Crypto Edge
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๐ฐ Strategy increased its USD reserves to $3 billion following the sale of $466.7 million in MSTR shares, while still holding 843,775 Bitcoin.
๐ฐ Read more
๐ฃ Tweet link
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๐ฐ Read more
๐ฃ Tweet link
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BULLISH: ๐ Last week marked the first net positive inflow into Bitcoin ETFs in nine weeks โ $197 million poured in. Keep an eye on this momentum ๐
Source: https://x.com/BitcoinMagazine/status/2076670995037880510
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2076670995037880510
Crypto Edge
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๐ง๐ญ๐จ๐ฐ๐โ๏ธ
For the first time in nine weeks, Bitcoin ETFs recorded net inflows, attracting $197 million in fresh investment last week.
๐ฅ @Bitcoin_Insights
Crypto Edge
For the first time in nine weeks, Bitcoin ETFs recorded net inflows, attracting $197 million in fresh investment last week.
๐ฅ @Bitcoin_Insights
Crypto Edge
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๐ Strive acquired 18 additional Bitcoin for roughly $1.2 million, averaging $64,028 per BTC. This brings their total holdings to 19,900 Bitcoin.
๐ฐ Read more
๐ฃ Tweet link
Crypto Edge
๐ฐ Read more
๐ฃ Tweet link
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JUST IN: ๐บ๐ธ White House Executive Director Patrick Witt on the Clarity Act: "Delay is no longer an option โ we must act now" ๐
Source: https://x.com/BitcoinMagazine/status/2076698291216040001
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2076698291216040001
Crypto Edge
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๐บ๐ธ WORLDโS RICHEST MAN SUGGESTS BITCOIN COULD BECOME THE GLOBAL CURRENCY
"Bitcoin runs on energy."
"Itโs real money โ grounded in physics."
Crypto Edge
"Bitcoin runs on energy."
"Itโs real money โ grounded in physics."
Crypto Edge
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HISTORY: ๐ Nine years ago today, a pivotal moment in history unfolded.
Source: https://x.com/lopp/status/2076283180139827290
Crypto Edge
Source: https://x.com/lopp/status/2076283180139827290
Crypto Edge
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NEW: ๐ Anthony Pompliano said in a live CNBC interview that "Strategy and Strive are incredibly smart for holding these dollar reserves to pay dividends on preferred shares."
โThat boosts investor confidence.โ ๐ฅ
Source: https://x.com/BTCtreasuries/status/2076753351564288158
Crypto Edge
โThat boosts investor confidence.โ ๐ฅ
Source: https://x.com/BTCtreasuries/status/2076753351564288158
Crypto Edge
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