Bitcoin-specific news — protocol activity, scaling layers, and BTC-centric applications.
A single wallet that bought 2,500 BTC at $80,936 a month ago has now handed the last 2,480 BTC to Binance at a near $39M realized loss, the kind of forced-exit flow that often marks a local bottom.
Spot BTC ETFs keep bleeding, perpetuals show traders paying for downside, yet supply is migrating to long-term holders and profitability is still elevated. The market is pausing, not breaking.
Strive's latest $50M buy lifts its treasury within striking distance of 20,000 BTC, with the stock's 10% pop showing the market still rewards aggressive accumulation at scale.
The ATM-funded add brought the corporate BTC treasury to 847,363 coins at an average cost of $75,651, with the average purchase price on this tranche ($67,068) running 11% below that cost basis.
Saylor's treasury added to its position at $67,068 last week, but the 847,363 BTC stack still carries a $9.15B unrealized loss against an average cost of $75,651.
A modest ticket by Saylor's standards, but the cadence of disclosed buys is the signal: treasury accumulation is now mechanical, not opportunistic, and the average cost basis keeps drifting higher.
The bitcoin addition is a rounding error on a 847,363-BTC balance sheet, but the $300M cash build is the real message: Saylor is funding STRC's dividend bid directly out of common-stock issuance.
Saylor's treasury machine kept printing BTC through MSTR stock issuance even as the preferred-equity leg of the capital stack ran into a price slide worth flagging.
A widely-followed trader argues anyone buying now believing the bottom is in is making a mistake, with chart structure pointing to a $54K retest.
The channel sees BTC pinned between a downtrending resistance band around $70K to $74K and a rising 200-week moving average, with the four-year cycle still pointing to a deeper flush before any…
Full-RBF is already network policy, so the old opt-in flag is now dead weight that tags which wallet broadcast a transaction. The harder problem is agreeing on a common default to replace it.
The 'never sell' pledge is colliding with debt service, dividends, and buybacks as some European treasury vehicles start treating BTC as working liquidity rather than a permanent reserve.
The plaintiffs' case rests on 39,069 addresses being abandoned — but 52 of those very addresses have moved 34,335 BTC since filing, including coins attributed to Satoshi Nakamoto.
MicroStrategy has stacked 499,096 BTC through 67 weekly purchases since 2020 — every hint from Saylor has preceded a disclosure, and this one dropped hours before the typical Monday filing window.
Historically, every time the MVRV Z-Score has reset below zero — 2011, 2015, 2018, 2020 and mid-2022 — Bitcoin has spent months, not days, in the buy zone, with a multi-year bull run following each…
CryptoQuant flags a bull-phase signal — daily transactions above 800K and LTH supply at 4.37M BTC — but 80% of that volume is sub-0.01 BTC dust from Ordinals, Runes, and BRC-20, complicating the read…
The cascading margin call in a $10B category of BTC-treasury-linked preferreds — a brand-new corner of the market — is a stress lesson: a perpetual preferred can keep paying its 11-13% dividend and…
CryptoQuant's Network Activity Index has climbed above its long-term trend for the first time since mid-2024 — yet the surge is concentrated in sub-0.01 BTC transfers and OP_RETURN data writes, not…
A mining-industry whale rotating freshly withdrawn coins into Spark's lending market signals more than just accumulation — it's miners treating balance-sheet ETH as a working asset, not idle…
The pitch is structural, not incremental: merchants keep BTC by default, settle onchain in roughly 12 hours, and pay 0.2% split with miners — a direct counter to Block's fiat-conversion rails.
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