Bloomberg: Miner reserves drop ahead of halving, clouding Bitcoin’s outlook
The number of Bitcoins held by miners has dropped recently; falling reserves could signal a fall in Bitcoin prices.
JinseFinanceThe number of Bitcoins held by miners has dropped recently; falling reserves could signal a fall in Bitcoin prices.
JinseFinanceTesla holds steady with 9,720 Bitcoin in Q4 2023, marking six consecutive quarters without transactions. Despite stock declines, positive vehicle sales news. Tesla's Bitcoin journey underscores commitment amid market fluctuations.
Xu LinAs the Bitcoin market continues to develop, the achievement of surpassing the silver ETF has consolidated Bitcoin's important position in the global financial market.
JinseFinanceTether expands bitcoin holdings to 66,465 BTC with a $380 million acquisition, affirming a consistent accumulation strategy. The stablecoin issuer diversifies into bitcoin mining and commits to regular investments.
Huang Bo"I still own a bunch of dogecoin, and Spacex owns a bunch of bitcoin."
ZoeyThe US government's Bitcoin holdings have surged to $8.3 billion due to recent seizures linked to high-profile cases. Comparatively, these holdings exceed those of prominent entities like MicroStrategy. Limited sales have occurred, generating substantial revenue, yet the US could have retained a much larger stash if BTC hadn't been sold. Anticipation looms over potential Silk Road Bitcoin sales, while uncertainties persist regarding Bitfinex hacker-held BTC. This development positions the US with potentially the world's largest government-held Bitcoin reserves, surpassing various countries combined, while China could rival this status if its holdings remain unsold.
EdmundTether accumulates Bitcoin, now holding $3 billion worth, potentially among top 10 BTC holders. Increased holdings speculated from Bitfinex and reinvestment of profits. Bitcoin's ETF anticipation boosts price amid institutional interest. Major financial players enter crypto realm.
EdmundBybit, a major cryptocurrency exchange, has expanded its supported cryptocurrencies to 32, reflecting substantial user asset growth. The latest reserve report highlights increased diversity and user engagement, particularly in Bitcoin, Ethereum, and Tether. This strategic move aligns with Bybit's commitment to meeting evolving market demands.
Cheng YuanDuring Q2, Tesla's total Bitcoin holdings increased by $22 million, reaching $333 million.
CoinliveMajor cryptocurrency exchanges including Binance, Huobi, OKX, and Crypto.com have made an effort to reveal data about their assets and portfolios.
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