Bitcoin is a decentralized cryptocurrency that operates on a peer-to-peer network, allowing secure and transparent transactions without the need for intermediaries such as banks.
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Bitcoin fell sharply to $93,000, triggering liquidations of $510M in 24 hours and wiping out all gains for the year. The Fear and Greed index dropped to 10, signalling panic among traders.
Bitcoin 'whales' (1k-10k BTC wallet) resume accumulation. They added 29,600 BTC in 7 days, signalling confidence against retail panic. The price consolidates between $100,000 and $107,000.
Institutional inflows and steady demand offset the dampening effect of tighter monetary policy. Traders now look to the Federal Reserve's signals for direction this week.
Rumble is about to launch a Bitcoin tipping feature, supported by Tether, with a full rollout planned by December. This initiative positions the platform as a pioneer in blockchain-based monetisation for its base of 51 million active users.
Bitcoin staking, like Babylon's self-custodial model, is blocking around 56,900 BTC. This tightening of the free offer ties the duration of the blocks to future fee hikes.
From MIT to MicroStrategy CEO—why he moved corporate cash into Bitcoin and shifted Wall Street.
