Express News | Analysts: Recent activity among the "OG" cohort holding Bitcoin for over five years has intensified significantly.
On September 5, CryptoQuant analyst Darkfost stated that recent activity among the "OG" cohort holding Bitcoin for more than five years has intensified significantly, with the 90-day moving average of their spent UTXOs rising to 1,500 BTC, double the level seen in May. The consolidation period appears to have triggered uncertainty among nearly all types of investors, including the most experienced "OG" holders. However, these transfers do not necessarily indicate selling; some may reflect movements of BTC to more secure storage methods due to factors such as the Coldcard incident.
Express News | Bitdeer maintained a zero Bitcoin position, selling 282 BTC this week.
On September 5, Nasdaq-listed Bitcoin miner Bitdeer posted on X that its Bitcoin mining output for the week ending September 4 was 282 BTC. During the same period, it sold 282 BTC, resulting in a net increase of 0 BTC and maintaining its current zero Bitcoin holdings.
For Many Individual Traders, Prediction Markets Are Hot-and Crypto Is Not -- WSJ
By Vicky Ge Huang and Krystal Hur First, the AI trade stole bitcoin's thunder. Now, the cryptosphere is losing some of its most-loyal traders to bets on soccer matches and congressional elections.
Accumulating 8,300 BTC, U.S. Firm Targets Global Dominance
American Bitcoin reserves have increased to 8,300 BTC, with a gross margin approaching 50%. Eric Trump has called for U.S. leadership in the Bitcoin economy, while the company, through efficient mining operations and its partnership with Hut 8, is committed to long-term infrastructure development rather than short-term stock price performance.
September's Dual Data Release: Waller Hints That PCE Revisions May Lower Inflation Expectations
Bitcoin faces a dual test from the FOMC meeting on September 16 and the BEA data revision on September 30. Waller estimates that the new algorithm may lower the PCE, but policy decisions will still depend on August CPI and employment data. Markets should remain vigilant against volatility driven by expectation gaps.
BTC rebound pushes AI to second place; mining stocks surge 67%, reversing market sentiment
The sharp rise in BTC prices in August has reignited speculative activity among mining companies, leading to a pause in AI investments. Strategy and Strive have increased their BTC holdings, Bitmine is approaching a 5% ETH position, and a coalition of 21 banks is advancing stablecoin initiatives.