Bitcoin mining company Cipher Mining transferred nearly 58 BTC to Franklin Templeton
according to Arkham monitoring data, about 21 hours ago, Bitcoin mining company Cipher Mining marked address transferred 57.977 BTC, worth about $3.96 million, to Franklin Templeton's spot Bitcoin trading fund EZBC Bitcoin ETF.
QCP: The increase in Bitcoin market share lays the foundation for the recovery of L1 public chain, and the US election has further enhanced risk appetite
Golden Finance reported that QCP released a weekly summary stating that this week was an exciting one for cryptocurrency. BTC rose by 10.48%, reaching a high point of $69,000, and the psychological barrier of $70,000 is now within reach. There are no major macro data as resistance next week.
Bitcoin spot ETFs see $274 million inflows in six days
the fund inflow of Bitcoin spot ETF reached $274 million on October 18, with six consecutive days of inflow. Among them, ArkInvest's ARKB had an inflow of $110 million, and BlackRock's IBIT had an inflow of $70.4 million. In contrast, the fund inflow of Ethereum spot ETF was relatively small, at $1.9 million. Sosovalue stated that these continuous fund inflows reflect investors' increasing confidence in Bitcoin ETF and enable large funds such as ArkInvest and BlackRock to continue to drive market interest.
$230 Million Bitcoin Heist Takes a Turn, $100 Million Still Missing
US prosecutors revealed that two young men were accused of planning one of the largest cryptocurrency thefts in US history. After stealing $230 million worth of Bitcoin, they began to spend extravagantly. However, at least $100 million of the stolen Bitcoin is still missing, according to the judge. Authorities believe that this cryptocurrency theft may be related to another crime.
BlackRock bought 14,745 BTC in the past three days
Lookonchain monitoring shows that BlackRock has bought 14,745 BTC in the past three days, and currently holds about 385,591 BTC with a market value of approximately $26.55 billion.
About 286 BTC flowed into Grayscale Bitcoin ETF, worth $19.6 million
as monitored by Arkham, at around 22:50 Beijing time today, 286,431 BTC flowed into the Grayscale Bitcoin ETF from an address starting with 3Durc with no clear markings, worth $19.6 million.
About 1,500 BTC flowed into ARK Invest Bitcoin ETF from Coinbase and other addresses
According to Golden Finance, approximately 1,497.859 BTC worth about $101.56 million flowed into the ARK Invest spot Bitcoin trading fund ARKB 21Shares Bitcoin ETF from Coinbase and an unknown address beginning with 3EmYbY about 2 hours ago, as monitored by Arkham.
BTC breaks through $68,500
Golden Finance reported that the market showed BTC breaking through $68,500 and is currently trading at $68,501.99, with a 24-hour increase of 2.56%. The market is volatile, so please be prepared for risk control.
Bitwise CIO: 7 factors that may push Bitcoin to $100,000
Golden Finance reported that Bitwise's Chief Investment Officer, Matt Hougan, posted on X platform that 7 factors may drive Bitcoin to reach $100,000, including:
Crypto Investment Among Asian Private Wealth Managers Rises To 76%
According to a report by Aspen Digital, crypto assets are becoming increasingly popular among Asian private wealth managers, as 76% said they are investing in cryptocurrencies.
Elizabeth Warren Proves Democrats Are Still Against Bitcoin
The Bitcoin industry could be in for yet another four years of harassment and attacks if Kamala Harris is elected president.
A total of 346.337 BTC flowed into WisdomTree two days ago
According to data monitored by Arkham, 346,337 BTC coins in total flowed into WisdomTree Physical Bitcoin WBIT, a Bitcoin exchange-traded fund on WisdomTree, from Flow Traders and Coinbase addresses two days ago, with a value of approximately $20.495 million.
Trump Is Winning And We’re Closer Than Ever to Freeing Ross: NIKOLAUS
According to the world's largest prediction market, Polymarket, the pro-Bitcoin candidate for the upcoming presidential election, Donald Trump has taken a 13% lead over Kamala Harris.
OKX provides grant to Bitcoin developer foundation 2140 Foundation
OKX announced a grant to the Bitcoin developer fund 2140 Foundation. The specific amount of the grant has not been disclosed, and this funding is intended to promote the long-term security, resilience, and maintainability of the Bitcoin network. As part of its ongoing funding program, OKX has provided nearly $2 million in Bitcoin developer grants, with a focus on developing the developer ecosystem, as well as Bitcoin security and adoption.
Bitcoin Nears Record for Longest Sideways Market Range Post-Halving Amidst Uncertainty and Lackluster Price Action
Bitcoin is approaching its longest period of sideways market range since the April halving, currently at 285 days. Contributing factors include uncertainty surrounding the U.S. election, rising U.S. Treasury yields, and the extension of Mt. Gox's repayment deadline to October 2025. Despite historically bullish trends for Bitcoin in October, the lackluster price action has left bulls disappointed. If there is no bull market in the next two weeks, this will mark the longest post-halving sideways period in Bitcoin's history.
Bitcoin $59K price may swing ‘drastically’ amid election year parallels
If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst.
Analysis: Ethereum gas fees drop to 5-year low, which may indicate that ETH price will bottom out in the medium term
Bitget Research Chief Analyst Ryan Lee recently stated: "Every time the Gas fee of ETH falls to the bottom, it often means that the price has reached a mid-term bottom. After this cycle, the ETH price often rebounds strongly, and when this moment happens to coincide with the interest rate cut cycle, the wealth effect of the market is full of possibilities."
Addresses holding more than 100 BTC have accumulated 245,453 BTC since the beginning of the year
Addresses holding over 100 BTC have accumulated 5021 BTC today and 245,453 BTC since the beginning of the year. In addition:Addresses holding 0.001-1 BTC have accumulated a total of 3620 BTC today and reduced 6838 BTC since the beginning of the year.Addresses holding 1-10 BTC have accumulated a total of 1223 BTC today and reduced 22639 BTC since the beginning of the year.Addresses holding 10-100 BTC have accumulated a total of 292 BTC today and reduced 60706 BTC since the beginning of the year.
Analyst: Ethereum Gas Fee Bottom May Indicate ETH Price Is at the Mid-Term Low
On August 18th, analyst Ryan Lee stated that every time ETH's Gas fee drops to a low point, it often indicates a bottoming out of the mid-term price. ETH prices often experience a strong rebound after this cycle, and when this moment coincides with an interest rate cut cycle, various possibilities for market wealth effects are abound.
Cointime August 17th News Express
1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website
