๐ Casascius Bitcoin coins come alive after 13 years
Over the weekend, two transactions of 1,000 BTC each were moved for the first time in over 13 years โ coming from so-called Casascius Coins. Someone finally decided to stop holding paper wealth and become a real multimillionaire. ๐ต
Casascius Coins were physical Bitcoin coins issued between 2011โ2013: metal tokens with a hologram hiding a private key loaded with BTC. To access the funds, the hologram must be peeled off โ destroying the coinโs collectible value forever.
Many collectors have held these coins untouched for years. According to TimeChain Index, the 17 largest Casascius holders may still control 36,467 BTC (~$3.65B). ๐
Just a month ago, BTC from one of these coins was also moved to Coinbase โ a sign that more โsleepingโ legends may be waking up.
Over the weekend, two transactions of 1,000 BTC each were moved for the first time in over 13 years โ coming from so-called Casascius Coins. Someone finally decided to stop holding paper wealth and become a real multimillionaire. ๐ต
Casascius Coins were physical Bitcoin coins issued between 2011โ2013: metal tokens with a hologram hiding a private key loaded with BTC. To access the funds, the hologram must be peeled off โ destroying the coinโs collectible value forever.
Many collectors have held these coins untouched for years. According to TimeChain Index, the 17 largest Casascius holders may still control 36,467 BTC (~$3.65B). ๐
Just a month ago, BTC from one of these coins was also moved to Coinbase โ a sign that more โsleepingโ legends may be waking up.
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โพ๏ธ Trump Takes a Shot at Peter Schiff
Donald Trump dedicated a weekend post to longtime crypto critic Peter Schiff, calling him a โTrump-hating loser.โ ๐
The remark came after Schiff appeared on TV discussing the economy, once again taking a bearish stance. Trump dismissed his views, mocking both the analyst and the show that invited him on. ๐ฃ ๐บ
Donald Trump dedicated a weekend post to longtime crypto critic Peter Schiff, calling him a โTrump-hating loser.โ ๐
The remark came after Schiff appeared on TV discussing the economy, once again taking a bearish stance. Trump dismissed his views, mocking both the analyst and the show that invited him on. ๐ฃ ๐บ
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Trend Score Signal s Broad BTC Accumulation ๐ฐ
The Trend Score indicator shows active Bitcoin buying across almost all market participants โ from large holders to retail investors. This kind of behavior has appeared before: in some cases it preceded further price growth, in others the market continued to decline. ๐๐๐
Historically, however, such broad-based accumulation has more often been observed either around major trend reversals or during the middle of strong rallies, when market optimism โ and greed โ start to intensify. ๐
The Trend Score indicator shows active Bitcoin buying across almost all market participants โ from large holders to retail investors. This kind of behavior has appeared before: in some cases it preceded further price growth, in others the market continued to decline. ๐๐๐
Historically, however, such broad-based accumulation has more often been observed either around major trend reversals or during the middle of strong rallies, when market optimism โ and greed โ start to intensify. ๐
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๐ Bearish 2021 Fractal Making the Rounds on Twitter
Traders on X are sharing charts that suggest Bitcoin may be repeating a 2021-style fractal with a bearish outcome. ๐
If this scenario plays out, BTC could face a deeper correction into the $35,000โ$45,000 range. ๐ข
While fractals arenโt guarantees, the discussion highlights growing caution in the market as volatility and uncertainty return.
Traders on X are sharing charts that suggest Bitcoin may be repeating a 2021-style fractal with a bearish outcome. ๐
If this scenario plays out, BTC could face a deeper correction into the $35,000โ$45,000 range. ๐ข
While fractals arenโt guarantees, the discussion highlights growing caution in the market as volatility and uncertainty return.
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๐ฐ Strategy (formerly MicroStrategy) bought 10,624 BTC for $963M at an average price of $90,615 each between Dec 1โ7.
As of Dec 7, the company holds 660,624 BTC (~3% of total supply), spending $43.35B since 2020 at an average of $74,696 per BTC.
The latest purchase was funded through STRD preferred shares and MSTR common stock. Strategy continues its aggressive Bitcoin accumulation strategy. ๐๐ช
As of Dec 7, the company holds 660,624 BTC (~3% of total supply), spending $43.35B since 2020 at an average of $74,696 per BTC.
The latest purchase was funded through STRD preferred shares and MSTR common stock. Strategy continues its aggressive Bitcoin accumulation strategy. ๐๐ช
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โ๏ธ Crypto Winter Incoming?
Bloomberg reports that Bitcoin options suggest traders are bracing for a prolonged consolidation between $80Kโ$100K. ๐ง
December contracts are much more active than long-term ones, with many traders selling options to collect premiums, betting that the market will remain relatively stable in the near term.
Bloomberg reports that Bitcoin options suggest traders are bracing for a prolonged consolidation between $80Kโ$100K. ๐ง
December contracts are much more active than long-term ones, with many traders selling options to collect premiums, betting that the market will remain relatively stable in the near term.
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๐ Did Arkham โdeanonymizeโ Zcash? Not really.
๐ Arkham posted a flashy claim about linking 53%+ of Zcash transactions (public + private) to known entities, with labeled volume exceeding $420B. This sparked backlash, as many took it as a hint that shielded ZEC transactions were cracked. ๐พ
Reality check: Arkham works only with the transparent part of the network. No shielded data was broken. ๐ฅ
Zcash co-founder Zooko confirmed that deanonymizing shielded ZEC is impossible, since the data simply doesnโt exist โ Arkham is just tracking wallets that chose public transparency.
๐ Arkham posted a flashy claim about linking 53%+ of Zcash transactions (public + private) to known entities, with labeled volume exceeding $420B. This sparked backlash, as many took it as a hint that shielded ZEC transactions were cracked. ๐พ
Reality check: Arkham works only with the transparent part of the network. No shielded data was broken. ๐ฅ
Zcash co-founder Zooko confirmed that deanonymizing shielded ZEC is impossible, since the data simply doesnโt exist โ Arkham is just tracking wallets that chose public transparency.
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๐ธ Market Waking Up
๐ Bitcoin has broken above $94,000, Ethereum is trading near $3,370, and major altcoins are up 4โ10% in the past 24 hours.
The biggest pain is on the short side: $265M in short positions were liquidated in just the last four hours. On HTX alone, one large trader lost $24M in a single order. ๐คท
Momentum is picking up โ volatility is back. ๐
๐ Bitcoin has broken above $94,000, Ethereum is trading near $3,370, and major altcoins are up 4โ10% in the past 24 hours.
The biggest pain is on the short side: $265M in short positions were liquidated in just the last four hours. On HTX alone, one large trader lost $24M in a single order. ๐คท
Momentum is picking up โ volatility is back. ๐
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Polymarket gives a 95% chance that the Fed cuts rates by 25 bps today ๐ช
Most traders agree this move is already priced in for crypto. ๐คท
But that scary 5% scenario? Yeahโฆ if the Fed decides to surprise everyone, the market might go from โpriced inโ to โpanic modeโ in seconds. ๐๐
Most traders agree this move is already priced in for crypto. ๐คท
But that scary 5% scenario? Yeahโฆ if the Fed decides to surprise everyone, the market might go from โpriced inโ to โpanic modeโ in seconds. ๐๐
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๐ซ Humans vs AI: Trading Tournament
The Aster team has launched a new trading competition where 70 human traders and 30 AI bots each receive $10,000 to trade. ๐
Early results favor humans by a wide margin:
โ Humans: +$64,000 (+9.25%)
โ AI bots: -$49 (-0.01%)
For now, humans are clearly outperforming the machines. ๐ฅ๐ค
The Aster team has launched a new trading competition where 70 human traders and 30 AI bots each receive $10,000 to trade. ๐
Early results favor humans by a wide margin:
โ Humans: +$64,000 (+9.25%)
โ AI bots: -$49 (-0.01%)
For now, humans are clearly outperforming the machines. ๐ฅ๐ค
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๐ง Silk Road Wallets Wake Up After 13 Years
After more than a decade of inactivity, 314 wallets linked to the Silk Road darknet marketplace moved BTC to an unknown address. ๐
The total value of the transfer was around $3.5M. Despite this movement, Silk Roadโrelated wallets still hold 415.7 BTC worth about $38.5M.
After more than a decade of inactivity, 314 wallets linked to the Silk Road darknet marketplace moved BTC to an unknown address. ๐
The total value of the transfer was around $3.5M. Despite this movement, Silk Roadโrelated wallets still hold 415.7 BTC worth about $38.5M.
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๐ฐ Corporate Bitcoin Treasuries Keep Growing
Corporate Bitcoin holdings have reached 1.08 million BTC, marking a +448% increase since January 2023, when companies held just 197,000 BTC. ๐
Institutions continue to accumulate, reinforcing Bitcoinโs role as a long-term treasury asset despite market volatility.
Corporate Bitcoin holdings have reached 1.08 million BTC, marking a +448% increase since January 2023, when companies held just 197,000 BTC. ๐
Institutions continue to accumulate, reinforcing Bitcoinโs role as a long-term treasury asset despite market volatility.
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๐ฅ Fed Cuts Rates by 25 bps โ Third in a Row
๐ The Fed lowered its policy rate to 3.75%, matching expectations (prev. 4%). This marks the third consecutive rate cut.
Bitcoin briefly jumped to $94,000 on the news but quickly pulled back to around $92,000. As expected, the rate cut was largely already priced in by the market. ๐ง
๐ The Fed lowered its policy rate to 3.75%, matching expectations (prev. 4%). This marks the third consecutive rate cut.
Bitcoin briefly jumped to $94,000 on the news but quickly pulled back to around $92,000. As expected, the rate cut was largely already priced in by the market. ๐ง
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๐ฐ SpaceX and BlackRock Move Big Money on Bitcoin
SpaceX transferred 1,021 BTC (~$100M) on-chain today, sending the funds to Coinbase Prime for custody. ๐
Shortly after, BlackRock also deposited 2,196 BTC (~$203M) to Coinbase Prime. ๐ฐ
Both large transactions were spotted by LookOnChain and highlight ongoing institutional activity on the Bitcoin network.
SpaceX transferred 1,021 BTC (~$100M) on-chain today, sending the funds to Coinbase Prime for custody. ๐
Shortly after, BlackRock also deposited 2,196 BTC (~$203M) to Coinbase Prime. ๐ฐ
Both large transactions were spotted by LookOnChain and highlight ongoing institutional activity on the Bitcoin network.
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๐ Bitcoin erased all gains from the rate cut hype
BTC briefly jumped to $94K, but is now back near $90K.
๐ Analysts say this was a classic โbuy the rumor, sell the newsโ setup.
According to Santiment, peak retail euphoria hit 8 hours before the Fed announcement. What shouldโve been bullish turned into a short-term trap: retail bought the hype, while whales used the mini-rally to take profits.
Crypto market doing crypto market things ๐
BTC briefly jumped to $94K, but is now back near $90K.
๐ Analysts say this was a classic โbuy the rumor, sell the newsโ setup.
According to Santiment, peak retail euphoria hit 8 hours before the Fed announcement. What shouldโve been bullish turned into a short-term trap: retail bought the hype, while whales used the mini-rally to take profits.
Crypto market doing crypto market things ๐
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๐ฟ A new Satoshi Nakamoto statue has arrived โ right at the New York Stock Exchange!
The NYSE has become the sixth location in the world to host a statue of Bitcoinโs mysterious creator. The project is led by Jack Mallersโ company Twenty One, which plans to install 21 statues globally โ a clear nod to Bitcoinโs 21M max supply. ๐
Another symbolic win for Bitcoin culture, now standing in the heart of traditional finance. ๐ฆ
The NYSE has become the sixth location in the world to host a statue of Bitcoinโs mysterious creator. The project is led by Jack Mallersโ company Twenty One, which plans to install 21 statues globally โ a clear nod to Bitcoinโs 21M max supply. ๐
Another symbolic win for Bitcoin culture, now standing in the heart of traditional finance. ๐ฆ
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๐จ๐ณ China is taking over the AI market ๐
Downloads of Chinese AI models have surged to 17%, overtaking the combined U.S. giants โ Google, Meta, and OpenAI โ at 15.8%.
While American companies focus on premium quality and paid subscriptions, China is going full โfree-to-play,โ giving away AI access to attract massive user bases โ and more users means more training data. ๐
Humanity has officially entered the AI eraโฆ and China is once again conquering markets through good old-fashioned aggressive pricing ๐งฎ๐ต
Downloads of Chinese AI models have surged to 17%, overtaking the combined U.S. giants โ Google, Meta, and OpenAI โ at 15.8%.
While American companies focus on premium quality and paid subscriptions, China is going full โfree-to-play,โ giving away AI access to attract massive user bases โ and more users means more training data. ๐
Humanity has officially entered the AI eraโฆ and China is once again conquering markets through good old-fashioned aggressive pricing ๐งฎ๐ต
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