BlackRock Drains 13 Days’ BTC Worth, Triggering Supply Crunch Worries

Samson Mow Predicts Bitcoin Surge to $1 Million 'Within Days or Weeks' Amid Supply Crunch

Samson Mow, the CEO of JAN3 and a prominent Bitcoin advocate, forecasts a substantial supply shock in the coming days, potentially driving Bitcoin's price to $1 million within a short timeframe. The prediction is based on the demand generated by recently approved Bitcoin ETFs and ongoing market adjustments.

BlackRock's Bitcoin Accumulation Sparks Potential Supply Squeeze

BlackRock's swift Bitcoin accumulation raises concerns of a supply squeeze, potentially propelling Bitcoin's value to new heights. The intricate dance between institutional power and decentralized assets unfolds as the crypto market faces unprecedented dynamics.

BlackRock's Massive Bitcoin Accumulation Sparks Supply Crunch Concerns

BlackRock's substantial Bitcoin acquisitions, totaling 11,500 BTC in two days, have raised concerns of a supply crunch. Despite worries, a bullish outlook prevails, with InvestAnswers suggesting a potential boost to Bitcoin's market to new heights. Institutional OTC trading is cited as a strategy to mitigate market volatility.

Bitcoin Supply Shock: Over Half of BTC Stays Dormant for 2+ Years, Creating Massive Supply Squeeze

Approximately 57% of Bitcoin remains dormant for over two years, held by Long-Term Holders (LTHs) setting consecutive highs. This resilient group showcases strong conviction, potentially influencing Bitcoin's supply dynamics. The recent approval of Bitcoin spot ETFs by the US SEC and a decline in BTC stored on exchanges further suggest a supply squeeze. Bitcoin is trading around $45,900, reflecting a 4% increase in the past week. Traders monitor these trends for potential impacts on Bitcoin's price movements.

Controversy Arises as Irys Proposes Arweave Fork and Token Supply Reset

Irys plans to fork Arweave, resetting token supply, a move criticized by Arweave's founder as short-sighted and greedy.

NFT、DeFi 正在奔向 Bitcoin——下一个热点，是 Bitcoin 第 2 层用例？

自 2023 年年初 Ordinals 开启 Bitcoin 的 NFT 试验以来，如何在 Bitcoin 上创立丰富的去中心化用例项目，成为行业关注的热点。

Bitcoin Exchange Exodus Continues as 'Hodler' Supply Hits ATH

Net exchange outflows have slowed to $641 million in BTC.

Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools

Liquidity Crunch Spreads to Crypto Lending

Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.

Q&A: What lessons must be learned from the crypto crunch?

What lessons can be learned from the crypto crunch? OKX, which claims it managed to protect its users against losses from LUNA and UST, tells us more.