Bitcoin Surges

Bitcoin Struggles as Realized Price Adjustments Signal Potential Weakness, Says Analyst

The Bitcoin market is facing turbulent times as analysts warn of potential downward movements amid political and economic uncertainties. Recent price adjustments and signs from long-term holder behavior suggest a looming vulnerability for the leading cryptocurrency. Short Summary: Bitcoin’s price may drop to $52,000 due to a descending parallel channel pattern. Market sentiment is currently…

Bitcoin Surges

‘Historic’ Bitcoin whale transfers BTC from 2009: Insights from Arkham

In a remarkable event for the cryptocurrency world, an ancient Bitcoin whale has moved a substantial amount of BTC, transferring 10 coins mined in 2009 to the Kraken exchange, raising questions on the motivations behind this activity and drawing connections to the elusive Satoshi Nakamoto. Short Summary: A historical transfer of 10 BTC, valued at…

Bitcoin Surges

Bitcoin Miner Terawulf Sells 25% Equity Stake to Fund AI and High-Performance Computing Expansion

TeraWulf Inc. has completed the sale of a 25% equity stake in its Nautilus Cryptomine joint venture for approximately $92 million, a strategic move aimed at funding the company’s growth in artificial intelligence (AI) and high-performance computing (HPC) initiatives. Short Summary: TeraWulf sells a 25% stake in its Nautilus project to Talen Energy for $92…