π MicroStrategy is now just Strategyβ¦ but still buying BTC!
Saylor's company grabbed 7,663 BTC for $742.4M between Feb 3-9 at an average price of $97,255 per BTC. π°
Total stash? 478,740 BTC bought for $30.4B at an average of $65,033 per BTC.
They skipped a week of buying for the first time in 12 weeks, but now theyβre back at itβnew name, same Bitcoin addiction. π₯
Saylor's company grabbed 7,663 BTC for $742.4M between Feb 3-9 at an average price of $97,255 per BTC. π°
Total stash? 478,740 BTC bought for $30.4B at an average of $65,033 per BTC.
They skipped a week of buying for the first time in 12 weeks, but now theyβre back at itβnew name, same Bitcoin addiction. π₯
β€7π₯5π1
π Bitcoin mining difficulty hits a new ATH! βοΈπ
BTC mining difficulty jumped 5.6% to a record 114.7T, meaning miners now need 114.7 trillion calculations to find a block and earn 3.125 BTC. π
This surge comes as the network's hash rate also set a new record, showing strong activity from major mining pools. However, the Hash Ribbon indicator suggests some miners are shutting down due to lower profitability. β‘οΈ
Historically, miner capitulation has signaled Bitcoin bottomsβjust like in October 2024, when BTC rallied 50% after a similar pattern. Could this be another buy-the-dip moment? π€π
BTC mining difficulty jumped 5.6% to a record 114.7T, meaning miners now need 114.7 trillion calculations to find a block and earn 3.125 BTC. π
This surge comes as the network's hash rate also set a new record, showing strong activity from major mining pools. However, the Hash Ribbon indicator suggests some miners are shutting down due to lower profitability. β‘οΈ
Historically, miner capitulation has signaled Bitcoin bottomsβjust like in October 2024, when BTC rallied 50% after a similar pattern. Could this be another buy-the-dip moment? π€π
π9β€4
π°Elon Musk offers $97.4B for OpenAI & ChatGPT! π€
Sam Altman has already responded on Twitter: "No, thanks, but weβll buy Twitter for $9.74B if you want." π
Musk co-founded OpenAI in 2015 but left in 2018. Now, he criticizes the company for abandoning its nonprofit mission while developing xAI, a direct competitor to OpenAI.
AI wars are heating up! Who's making the next move? π₯π
Sam Altman has already responded on Twitter: "No, thanks, but weβll buy Twitter for $9.74B if you want." π
Musk co-founded OpenAI in 2015 but left in 2018. Now, he criticizes the company for abandoning its nonprofit mission while developing xAI, a direct competitor to OpenAI.
AI wars are heating up! Who's making the next move? π₯π
π₯11π2π2
π¨ Solo miner strikes gold! ππ°
Yesterday, a solo miner hit the jackpot by successfully mining block #883181, earning a massive $307,547 (3.158 BTC) in rewards! πβοΈ
Proof that even solo players can still win big in the Bitcoin game. Luck or skill? Either way, thatβs one lucky hash! ππ
Yesterday, a solo miner hit the jackpot by successfully mining block #883181, earning a massive $307,547 (3.158 BTC) in rewards! πβοΈ
Proof that even solo players can still win big in the Bitcoin game. Luck or skill? Either way, thatβs one lucky hash! ππ
π13β€3
BTC accumulation continues π
On December 17, Binanceβs BTC balance dropped to 558,022 BTC, marking a new low since early 2024. π
π΅οΈββοΈ Analysts note that a similar BTC reserve decline happened before. In March 2024, it led to a new ATH and a 90% price surge. π€
If history repeats, BTC could reach $180K soon! π€π₯
On December 17, Binanceβs BTC balance dropped to 558,022 BTC, marking a new low since early 2024. π
π΅οΈββοΈ Analysts note that a similar BTC reserve decline happened before. In March 2024, it led to a new ATH and a 90% price surge. π€
If history repeats, BTC could reach $180K soon! π€π₯
β€7π5
βοΈ Marathon mining company unveils its Bitcoin-powered heating system π₯β»οΈ
Marathon has introduced a heating system that utilizes excess heat from mining equipment, replacing traditional heating methods based on burning carbon-based fuels.
Earlier, we reported that Marathon launched its second centralized heating project in Finland, where a city of 67,000 residents is now heated entirely by Bitcoin mining waste heat. βοΈβ‘οΈπ₯
Marathon has introduced a heating system that utilizes excess heat from mining equipment, replacing traditional heating methods based on burning carbon-based fuels.
Earlier, we reported that Marathon launched its second centralized heating project in Finland, where a city of 67,000 residents is now heated entirely by Bitcoin mining waste heat. βοΈβ‘οΈπ₯
π10
π Ethereum whales are stacking up! π
Since February 1, the number of whales holding over 10,000 ETH has increased by 2.3%, signaling strong accumulation. π
Big players are loading up, which could mean theyβre expecting a major move ahead. Bullish signal or just another whale game? ππ₯
Since February 1, the number of whales holding over 10,000 ETH has increased by 2.3%, signaling strong accumulation. π
Big players are loading up, which could mean theyβre expecting a major move ahead. Bullish signal or just another whale game? ππ₯
π9β€1
π Hopium Alert: BTC to $250Kβ$500K? π€
A comparison of Bitcoin cycles suggests that BTC could still have massive upside, with potential targets in the $250Kβ$500K range. ππ₯
History doesnβt always repeat, but it sure likes to rhyme. Are we in for the biggest bull run yet? ππ
A comparison of Bitcoin cycles suggests that BTC could still have massive upside, with potential targets in the $250Kβ$500K range. ππ₯
History doesnβt always repeat, but it sure likes to rhyme. Are we in for the biggest bull run yet? ππ
π12β€3
βοΈ Proton Mail launches its own Bitcoin wallet! π₯
Privacy-focused Proton Mail just introduced an open-source Bitcoin walletβa major step for its 100M+ users worldwide. ππ³
Given Protonβs strong stance on privacy & security, this could be a game-changer for self-custody and decentralized finance. π‘π
Another big win for crypto adoption! π
Privacy-focused Proton Mail just introduced an open-source Bitcoin walletβa major step for its 100M+ users worldwide. ππ³
Given Protonβs strong stance on privacy & security, this could be a game-changer for self-custody and decentralized finance. π‘π
Another big win for crypto adoption! π
π9β€4
π ETH Gearing Up for a $3K Rebound? π
Analysts see Ether (ETH) poised for a comeback, with oversold RSI levels, the upcoming Pectra upgrade (March), and U.S. CPI data as key catalysts. π
βͺοΈ Resistance to watch: Breakout above $2,650 could push ETH to $3,000 (+13%).
βͺοΈ Institutional buyers are stepping in, taking advantage of the dip.
βͺοΈ Pectra hype & inflation data could fuel momentum.
ETH has struggled, losing 20% in a month, but history suggests bounces from these levels. Is the breakout coming? ππ₯
Analysts see Ether (ETH) poised for a comeback, with oversold RSI levels, the upcoming Pectra upgrade (March), and U.S. CPI data as key catalysts. π
βͺοΈ Resistance to watch: Breakout above $2,650 could push ETH to $3,000 (+13%).
βͺοΈ Institutional buyers are stepping in, taking advantage of the dip.
βͺοΈ Pectra hype & inflation data could fuel momentum.
ETH has struggled, losing 20% in a month, but history suggests bounces from these levels. Is the breakout coming? ππ₯
π8β€1
π Glassnode: Altcoins Hit Hard in Recent Crash!
π Glassnode published a new report (link) and highlighted that altcoins were hit the hardest during the recent correctionβtheir market capitalization saw one of the largest drops in history (-$234B). π«π΅
Bitcoin also faced pressure, but most realized losses came from short-term BTC holders.
The market environment is becoming more challenging: high volatility and continued pressure on altcoins could impact future market dynamics. π€
π Glassnode published a new report (link) and highlighted that altcoins were hit the hardest during the recent correctionβtheir market capitalization saw one of the largest drops in history (-$234B). π«π΅
Bitcoin also faced pressure, but most realized losses came from short-term BTC holders.
The market environment is becoming more challenging: high volatility and continued pressure on altcoins could impact future market dynamics. π€
π7β€1π€1
πΊπΈ Trumpβs Company Launches Crypto Reserve Fund! π
Donald Trumpβs World Liberty Financial has introduced Macro Strategy, a reserve fund to support BTC, ETH, and other crypto assets. (Details)
π― Goals:
βͺοΈDiversification
βͺοΈReducing volatility
βͺοΈ Advancing DeFi
Couldnβt they come up with a more original name? π€ Maybe Michael Saylor saw this coming and rebranded MicroStrategy just in time? ππ₯
Donald Trumpβs World Liberty Financial has introduced Macro Strategy, a reserve fund to support BTC, ETH, and other crypto assets. (Details)
π― Goals:
βͺοΈDiversification
βͺοΈReducing volatility
βͺοΈ Advancing DeFi
Couldnβt they come up with a more original name? π€ Maybe Michael Saylor saw this coming and rebranded MicroStrategy just in time? ππ₯
π7
π Goldman Sachs quietly stacking Bitcoin ETFs! π¦π₯
Goldmanβs latest 13F filing with the SEC (link) confirms their Bitcoin exposure (via ETFs) as of Dec 31βpost U.S. elections. πΊπΈ
π$1.27B in IBIT (24M+ shares) β +88% from last quarter
π$288M in FBTC (3.5M shares) β +105% from last quarter
Forget what institutions say about Bitcoinβwatch what they do. ππ
Goldmanβs latest 13F filing with the SEC (link) confirms their Bitcoin exposure (via ETFs) as of Dec 31βpost U.S. elections. πΊπΈ
π$1.27B in IBIT (24M+ shares) β +88% from last quarter
π$288M in FBTC (3.5M shares) β +105% from last quarter
Forget what institutions say about Bitcoinβwatch what they do. ππ
π7
π BTC unlikely to drop below $89K!
Thatβs the realized price of new Bitcoin whales, who are unlikely to let their positions go into loss. π¦π
Meanwhile, old whales are chilling with a realized price of $26Kβno stress there.
π Bitcoin whales = addresses with 1,000+ BTCβaka the real market movers. With this level of support, is $89K the new floor? π€π₯
Thatβs the realized price of new Bitcoin whales, who are unlikely to let their positions go into loss. π¦π
Meanwhile, old whales are chilling with a realized price of $26Kβno stress there.
π Bitcoin whales = addresses with 1,000+ BTCβaka the real market movers. With this level of support, is $89K the new floor? π€π₯
π8
π $6B in Token Unlocks Coming β Market Pressure Ahead?
In the next 180 days, over $6 billion worth of unlocked tokens will hit the market. Biggest unlocks: SOL, SUI, TIA, APT. π
What does this mean? π§
Strategic investors finally get access to sell their locked tokens. More supply = potential price pressure as investors take profits. π€
π¨ Solana looks particularly fragile with a $2B unlock, nearly 50% of its daily trading volume ($2.95B). If all were dumped at once, it could shake the market.
This creates a βbuyerβs marketββcash-rich buyers get the upper hand, forcing sellers to offer discounts. Expect volatile price action ahead! ππ₯
In the next 180 days, over $6 billion worth of unlocked tokens will hit the market. Biggest unlocks: SOL, SUI, TIA, APT. π
What does this mean? π§
Strategic investors finally get access to sell their locked tokens. More supply = potential price pressure as investors take profits. π€
π¨ Solana looks particularly fragile with a $2B unlock, nearly 50% of its daily trading volume ($2.95B). If all were dumped at once, it could shake the market.
This creates a βbuyerβs marketββcash-rich buyers get the upper hand, forcing sellers to offer discounts. Expect volatile price action ahead! ππ₯
π8
π Bitcoin Drops 2% After Higher-Than-Expected U.S. Inflation Data
The U.S. Department of Labor released January inflation data, coming in higher than forecasts:
β«οΈ Core CPI (YoY): 3.3% (expected 3.1%, previous 3.2%)
β«οΈ Overall CPI (YoY): 3% (expected 2.9%, previous 2.9%) β biggest jump since June 2024
β«οΈ CPI MoM (seasonally adjusted): 0.5% (expected 0.3%, previous 0.4%)
Higher inflation = lower chances of Fed easing soon, which puts pressure on risk assets like BTC. π§
The U.S. Department of Labor released January inflation data, coming in higher than forecasts:
β«οΈ Core CPI (YoY): 3.3% (expected 3.1%, previous 3.2%)
β«οΈ Overall CPI (YoY): 3% (expected 2.9%, previous 2.9%) β biggest jump since June 2024
β«οΈ CPI MoM (seasonally adjusted): 0.5% (expected 0.3%, previous 0.4%)
Higher inflation = lower chances of Fed easing soon, which puts pressure on risk assets like BTC. π§
π6π¨3
Crypto soothsayer
π Bitcoin Drops 2% After Higher-Than-Expected U.S. Inflation Data The U.S. Department of Labor released January inflation data, coming in higher than forecasts: β«οΈ Core CPI (YoY): 3.3% (expected 3.1%, previous 3.2%) β«οΈ Overall CPI (YoY): 3% (expected 2.9%β¦
π CPI Data = BTC Bottom Signal? π€
Crypto blogger Sheldon The Sniper pointed out that the last 5 U.S. inflation reports (CPI) have coincided with Bitcoinβs local bottoms. πβ‘οΈπ
π₯ CPI marked the last 5 BTC bottomsβand maybe even more historically!
If the pattern holds, is it time to prepare for the next pump? π
Crypto blogger Sheldon The Sniper pointed out that the last 5 U.S. inflation reports (CPI) have coincided with Bitcoinβs local bottoms. πβ‘οΈπ
π₯ CPI marked the last 5 BTC bottomsβand maybe even more historically!
If the pattern holds, is it time to prepare for the next pump? π
π17
π Bitcoin back to $96K after touching $98K overnight!
Yesterday's optimism vanished fast, but altcoin holders are still hoping for BTC dominance to drop and the long-awaited altseason to begin. π
Will the alts finally wake up, or is it just another false hope? ππ₯
Yesterday's optimism vanished fast, but altcoin holders are still hoping for BTC dominance to drop and the long-awaited altseason to begin. π
Will the alts finally wake up, or is it just another false hope? ππ₯
π9β€2π€1
π No Panic Sell on the Market β Glassnode
According to Glassnode analysts, the current market dip is not a panic sell. π§
πΉ The only real panic sell in this cycle happened in September 2023
πΉ Most holders have remained profitable rather than taking losses
So despite the volatility, long-term holders still have the upper hand! π
According to Glassnode analysts, the current market dip is not a panic sell. π§
πΉ The only real panic sell in this cycle happened in September 2023
πΉ Most holders have remained profitable rather than taking losses
So despite the volatility, long-term holders still have the upper hand! π
π11