Crypto bulls cop second-biggest liquidation day in October
Traders who bet the crypto market would keep rising have suffered a the second largest day of liquidations this month as Bitcoin and Ether both slid on the day. Go to Source
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Traders who bet the crypto market would keep rising have suffered a the second largest day of liquidations this month as Bitcoin and Ether both slid on the day. Go to Source
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging “big bank” custody in an interview earlier this week. Go to Source
Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and $2.7 billion in profits, driven by record vehicle deliveries and a 52% surge in energy storage. … Read more
According to Tesla’s Q3 financial filings, the company’s automotive sales declined slightly since Q2 2024, while leases increased slightly. Go to Source
Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints a different picture, especially regarding voluntary compliance. The gold confiscations of 1933 highlight why self-custody of bitcoin, rather … Read more
Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody. During an earlier interview, Saylor had minimized the role of self-custody, stating, “I think that when the bitcoin is held by a bunch of crypto-anarchists who aren’t regulated entities who … Read more
Bitcoin’s correction ignited selling in altcoins, which are slipping below critical support levels. Go to Source
According to Arkham Intelligence, the bitcoin transferred by Tesla last week was likely just relocated to newer wallets, but the company still holds control over the funds. Arkham revealed that the assets are now spread across seven separate wallets. Arkham Confirms Tesla’s Bitcoin Stash Remains Untouched—Spacex Holds $550M The crypto community buzzed last week when … Read more
Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election. Go to Source
Fat finger errors prove that crypto is still vulnerable to simple human mistakes. Go to Source