Tag: btc

Matador Technologies increases Bitcoin holdings by 92 BTC

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Key Takeaways Matador Technologies, a Canadian public company, added 92 BTC to its holdings. The company’s Bitcoin acquisition supports its current position at number 91 within the Bitcoin 100 Ranking of top corporate holders. Share this article Matador Technologies, a Canadian public company expanding its Bitcoin treasury through recent financing deals, increased its Bitcoin holdings by 92 BTC today. The acquisition reinforces Matador’s position at number 91 on the Bitcoin 100 Ranking, which tracks corporate Bitcoin holdings. The company recently closed a financing facility with an investment partner to enable…

Bitcoin Whales Stamp BTC Price Down After $107,500 Highs

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Key points: Bitcoin fills its weekend CME futures gap, but bulls struggle to produce a BTC price turnaround. Analysis shows Bitcoin whales selling into price at local highs. Derivatives traders continue to avoid risk with $100,000 still hanging in the balance. Bitcoin (BTC) delivered a classic futures “gap fill” after Tuesday’s Wall Street open as traders demanded a rebound. BTC/USD four-hour chart. Source: Cointelegraph/TradingView BTC price suffers from new exchange sell-off Data from Cointelegraph Markets Pro and TradingView showed that the BTC price action dipped further after hitting new November…

CleanSpark To Raise $1.1B For BTC mining, AI Data Center Expansion

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Nasdaq-listed Bitcoin mining company CleanSpark is raising capital to expand its mining and data center operations, as major miners pivot toward artificial intelligence (AI) infrastructure. CleanSpark announced a $1.15 billion senior convertible note offering on Tuesday, aiming to raise more capital to expand its Bitcoin (BTC) mining operations. The miner estimates it will raise about $1.13 billion in net proceeds, or $1.28 billion if the initial purchasers exercise their full options to purchase additional convertible notes. The offering is expected to close on Nov. 13, subject to satisfactory closing conditions.…

BTC Surges Past $106K And Trends Online As US Senate Passes Funding Bill

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Bitcoin has been trending on social media over the last few days as US politicians have been working toward an end to the disruptive US government shutdown, culminating in the Senate’s passage of the highly contested funding bill on Monday.  It reportedly took around 10 hours for Republicans to get the job done on Monday and obtain the 60 votes (eight being Democrats) needed to pass a funding bill that would cover most of the government’s expenses through to the end of January next year.  “After passage, the CR goes…

BTC Rebound Targets $110K But CME Gap Clouds Outlook

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Key takeaways: The Bitcoin double bottom pattern may boost bullish momentum toward $110,000. The CME gap near $104,000 could trigger a short-term retracement. Stablecoin buildup and short-term holders’ stress hint at near-term volatility. Bitcoin (BTC) staged a textbook double bottom pattern over the weekend, leading BTC to secure a bullish weekly close above its 50-week moving average. The formation coincided with the daily order block between $98,100 and $102,000, where BTC repeatedly tested the $100,000 zone before rebounding. Bitcoin four-hour chart. Source: Cointelegraph/TradingView Following a bullish break of structure on…

Spot BTC, ETH ETFs see $1.7B Outflow but Whales Buy the Dip

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Key takeaways: Spot Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $1.7 billion in weekly outflows. Solana and a select few altcoins continued to attract steady inflows despite market weakness. Onchain data shows that large whales are accumulating BTC, which has kept BTC prices above the $100,000 level.  Spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) faced another week of heavy redemptions, extending a trend of investor caution. From Nov. 3 to Nov. 7, spot Bitcoin ETFs saw $1.22 billion in net outflows, the third-largest weekly total on…

Bitcoin OG Owen Gunden moves $372M in BTC, first batch hits Kraken

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Key Takeaways Owen Gunden transferred 500 BTC worth about $52 million to Kraken. The move continues Gunden’s pattern of selling activity as an early Bitcoin adopter. Share this article Early Bitcoin investor Owen Gunden moved around 3,600 Bitcoin, valued at approximately $372 million, on Friday, according to data tracked by Lookonchain. Of this amount, 500 BTC worth nearly $52 million was already deposited into Kraken, with the remaining 3,100 BTC expected to land on the exchange in the near future. The OG Bitcoin whale’s transfers occurred amid recent market volatility,…

Will it Push BTC Price Lower?

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Key takeaways: Older Bitcoin whales are selling heavily, spending over 1,000 BTC/hour in 2025. Bitcoin’s bear pennant pattern projects a potential drop to $89,600.  Bitcoin (BTC) was at risk of further losses as the oldest whales continued to spend their BTC stash.  Capriole Investments co-founder Charles Edwards said that “super whales are cashing out of Bitcoin,” in a post on X, raising concerns about the potential impact on BTC’s price. Bitcoin OG whales keep dumping The BTC/USD pair trades 18.7% below its all-time high of $126,000 reached on Oct. 6,…

ETF Investors Held Firm in BTC Crash, HOLDlers Had Paper Hands: Analyst

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Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a chart that showed net outflows of about $722 million over the past month. “Told y’all the ETF-using boomers are no joke. So who’s been selling? To quote that horror movie, ‘Ma’am, the call is coming…

What Does it Mean for BTC Price?

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Key takeaways: Bitcoin ETFs recorded $240 million in inflows on Thursday, ending a six-day outflow streak. Bitcoin’s failure to drop below the 50-day EMA suggests strong support in this area. Bitcoin (BTC) exchange-traded funds (ETFs) ended a six-day outflow streak with inflows returning on Thursday, leading traders to believe that a recovery is imminent as long as the BTC price holds the 50-week EMA. Spot Bitcoin ETFs post $240 million inflows US-based spot Bitcoin ETFs ended a six-day streak of net outflows on Thursday, with $240 million in daily inflows.…