Whale opens $30M 40x BTC short — liquidation sits at $78,586.
On-chain data shows wallet 0x8cA3 has opened a 40x leveraged short on 390.88 BTC, worth roughly $29.96 million at…
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.
On-chain data shows wallet 0x8cA3 has opened a 40x leveraged short on 390.88 BTC, worth roughly $29.96 million at…
MARA Holdings has established a new foundation focused on addressing the quantum computing threat to Bitcoin and…
BitMEX co-founder Arthur Hayes has publicly confirmed he is long Bitcoin, describing recent price action as 'a bit of…
Marathon Digital CEO Fred Thiel framed Bitcoin as a public utility — infrastructure that belongs to no single entity…
Profitability is back but the tape still looks defensive: higher on-chain activity without a bid in fees or depth is the kind of split-screen that keeps the market sideways until something breaks.
Bitcoin retreated to $76,600 as a combination of rising oil prices and escalating Iran-related geopolitical risk took…
Gold bug and long-time Bitcoin critic Peter Schiff has renewed his bearish call, claiming BTC will ultimately collapse…
Bitcoin has retraced its previous session's advance, dropping back below the $77,000 mark. The move wipes out gains…
The thesis is that GPU cloud economics eventually dwarf hash-rate margins — but the transition costs the miner its core cash flow identity along the way.
Bitcoin has been grinding higher on below-average volume, a combination that historically leaves price gains exposed to…
A transfer of 5,000 BTC — valued at approximately $386.7 million at the time of the transaction — has moved from Kraken…
JPG Store winds down on May 23 while Pogun's ₳12.29M Bitcoin-liquidity proposal sits at 1.04% of the 67% DRep threshold — the consumer exit forces a harder read on the funding case.
Fidelity Digital Assets has identified bitcoin as the leading force behind the current crypto market stabilization, a…
A futures curve that looks bearish during a BTC price rally isn't necessarily a warning sign — that's the core argument…
Exhausted retail selling pressure, strong inflows, and expanding institutional on-ramps are combining to create…
Michael Saylor's Strategy added 3,273 BTC last week at $77,906, pushing the corporate treasury to 818,334 BTC worth $63.58B and an unrealized gain of $1.76B.
The latest $255M addition lifts Strategy's stack to 818,334 BTC at a $61.81B cost basis, with the average purchase price now $75,537 as bitcoin trades near $77,900.
A previously unidentified wallet sent 1,704 BTC — roughly $132.5 million at transfer time — to Kraken, according to…
A wallet of unknown origin transferred 900 BTC — worth approximately $70 million at time of transaction — directly to…
Michael Saylor's Strategy has acquired an additional 3,273 bitcoin, continuing the systematic accumulation campaign…
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: "Whale opens $30M 40x BTC short — liquidation sits at $78,586." — read at /en-US/a/whale-opens-30m-40x-btc-short-liquidation-sits-at-78586.