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  • 09:32
    Ansem: Bitcoin needs to return above $112,000, otherwise a bull market cannot be seen
    BlockBeats News, on October 19, crypto KOL Ansem posted that judging from the weekly charts of XRP, SOL, and ETH, he simply cannot be optimistic about this market, especially with BTC's price falling below its 2024 peak. He does not see a bull market scenario, but rather the end of momentum and a decline in prices. The market lacks new narratives, MSTR also peaked in November 2024, and the ETH/BTC ratio has risen just as it does at the end of every cycle. The only thing that could change his mind is if bitcoin returns above $112,000.
  • 09:32
    Data: The U.S. government currently holds approximately 325,000 Bitcoin, which is about 3.5% of its gold reserves.
    BlockBeats News, on October 19, Galaxy Research mentioned in a recent report that the U.S. Department of Justice recently seized 127,271 bitcoins worth nearly $15 billions, causing the U.S. government's bitcoin holdings to surge by 64% overnight. According to Arkham data, U.S. government addresses currently hold about 325,447 bitcoins, equivalent to approximately $34.78 billions, which is about 3.5% of the value of the U.S. gold reserves. As a result, the U.S. government now ranks second among all entities in terms of bitcoin holdings, only behind Strategy. Galaxy Research sarcastically commented: "Bitcoin was born as a rebellion against fiat currency, but now it has become collateral for the fiat system."
  • 09:31
    The high-profile ancient bitcoin whale who swapped for ETH has once again transferred 3,000 BTC, still holding 24,300 BTC.
    BlockBeats News, October 19, according to MLM monitoring, the Bitcoin ancient whale who previously made headlines by swapping holdings for ETH has just transferred 3,000 BTC (approximately $320 million) to a new wallet.Three days ago, a similar operation was carried out, with 2,000 BTC (about $222 million) moved into a new wallet—these Bitcoins were subsequently dispersed to multiple wallets suspected to be associated with centralized exchanges and OTC platforms.Currently, the whale's wallet still holds 24,300 BTC, which is worth about $2.6 billion at the current price.
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