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bitcoinist.com Short-Term Holders Move 46,524 Bitcoin to Exchanges: Profit-Taking And Capitulation Mix

Bitcoin is once again facing critical conditions, with the price retesting the range lows near $110,000 following a volatile and uncertain weekend. After Friday’s massive crash, which wiped out billions in leveraged positions, bulls are struggling to regain control and establish a stable recovery. The broader market remains cautious, as traders weigh whether the current […]

news.bitcoin.com Elon Musk Says Bitcoin Is Based on Energy, Which Is Impossible to Fake

Tesla and Spacex CEO Elon Musk said on Oct. 14 on X that bitcoin is based on energy, contrasting it with fiat currencies that governments can inflate. His remark was in response to a Zerohedge post linking the rise in gold, silver, and bitcoin prices to currency debasement driven by government spending on the global […]

bitcoinist.com Stablecoin Exodus: Exchange Outflows Hit Highest Level Since May 2021

On-chain data shows ERC-20 stablecoins are currently seeing the highest number of exchange withdrawal transactions since May 2021. Investors Are Withdrawing Their Stablecoins From Exchanges In a new post on X, CryptoQuant community analyst Maartunn has shared about the latest trend in the Exchange Withdrawing Transactions for the Ethereum-based stablecoins. This indicator measures, as its […]

news.bitcoin.com SG-FORGE and Bitpanda Expand Stablecoin Partnership Into DeFi

Societe Generale-FORGE has expanded its partnership with Bitpanda to integrate its regulated stablecoins into the decentralized finance ecosystem. Retail Access: Bringing Stablecoin Yield to European Users Societe Generale-FORGE (SG-FORGE), the digital asset arm of French banking giant Societe Generale, has announced an expanded partnership with Austrian fintech Bitpanda to deploy its regulated stablecoins deeper into […]