2.3K $BTC Transferred from Coinbase Institutional to unknown new wallet
2.3K $BTC (≈140.2M) moved from Coinbase Institutional to unknown new wallet.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
2.3K $BTC (≈140.2M) moved from Coinbase Institutional to unknown new wallet.
1K $BTC (≈61.5M) moved from unknown wallet to #Coinbase.
2.2K $BTC (≈138.1M) moved from unknown wallet to Coinbase Institutional.
826 $BTC (≈51.8M) moved from Coinbase Institutional to unknown wallet.
1.1K $BTC (≈67.4M) moved from unknown wallet to Coinbase Institutional.
1.2K $BTC (≈76M) moved from #Coinbase to unknown wallet.
Hashprice compression and BIP-110 signaling at 0.42% since May 1 put the burden on miners to decide whether a fee-policy fork is worth splitting the hashrate over before the August lock-in.
The endorsement lands weeks before the 2024 election and reframes crypto adoption as a voter coalition Trump says he can't afford to ignore.
Ganesh Aiyer, a former Digital Realty executive, takes the president role at the former Bitfarms, with KEEL up 120%+ since its April rebrand from the bitcoin miner.
Matt Cole argues the panic around Bitcoin treasury companies is misplaced, framing Strategy's selling as a founder-led rotation rather than a vote against the asset.
Spot selling has cooled, futures open interest is rising, and ETF outflows are drying up. The Glassnode Week 28 pulse says the structure looks resilient, with a hot-capital overlay that could shake…
Hot capital is returning alongside ETF outflows drying up, a setup that cools directional stress but seeds the conditions for a sharper move once positioning gets crowded again.
The president stopped short of a policy commitment, but the framing matters: a federal vehicle that funnels capital into BTC would be a structural bid no prior administration has flirted with.
Bitmine crossed 5.74M ETH, roughly 4.8% of supply, while chairman Tom Lee frames the rally as a derivatives bet on the Clarity Act clearing Congress rather than spot demand alone.
The 20-year term and $19B revenue projection at the Hawesville site mark TeraWulf's shift from speculative miner to contracted AI hyperscaler landlord, with WULF up 117% YTD.
Spot volume at $3T and futures at $15.7T mark the third straight quarter of decline, with new token listings also collapsing to a two-year low as the sector downturn deepens.
With STRC trading at $87.79 against a $100 redemption price and $216M of BTC just sold to fund dividends, Cantor frames the preferred as the linchpin of Strategy's entire capital engine, not a side…
Bitmine's stack now sits at 5.74M ETH and 4.8% of supply, but the louder signal is Lee citing prediction markets pricing the Clarity Act at 50%, the highest read in two weeks.
The trade itself is small in scheme terms, but the timing reads like a contrarian signal: a quiet whale re-enters with max leverage at the moment Strategy starts selling.
The sale is the first sizable disposition since MicroStrategy rebranded as Strategy and lands at roughly 20% below its average cost basis, a fact bitcoin treasury watchers will weigh against prior…
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "2.3K $BTC Transferred from Coinbase Institutional to unknown new wallet" — read at /en-US/a/23k-btc-transferred-from-coinbase-institutional-to-unknown-8.