Vintage 2016 Bitcoin Wallet Moves 600 BTC as Price Falls Below $100K

Published at 2025-11-13 20:14:13

On Thursday, blockchain records show an address that accumulated about 600 BTC in 2016 transferred its holdings for the first time in over nine years, coinciding with bitcoin slipping back beneath the $100,000 level. At that price, 600 BTC would be roughly $60 million, though the exact dollar value depends on intraday rates; the receiving addresses and intent were not immediately clear.

Dormant wallets reawakening often trigger market speculation because such large moves can signal selling, consolidation, or simple security housekeeping by long-term holders. Traders and on-chain watchers will be monitoring exchange inflows and subsequent on-chain activity to see whether the coins hit markets or are redistributed to cold storage, any of which could influence short-term liquidity and price action.

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Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

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Published at 2026-01-17 15:45:05

Samson Mow Says 10x Bitcoin Target Is 'Conservative'

Jan3 CEO Samson Mow reiterated his strong long-term bullishness on Bitcoin, arguing that a 10x price target may be conservative and reigniting debate across the crypto community. His comments have drawn attention from traders, analysts, and investors weighing upside expectations against market risks.

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Published at 2026-01-17 09:30:09

Hacker Steals $282M in Crypto Using Hardware Wallet Social‑Engineering Attack

A sophisticated social‑engineering operation stole over $282 million in BTC and LTC, with the proceeds quickly routed through Monero to obscure the trail.

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Published at 2026-01-16 20:00:19

Riot Platforms Soars 11% After Bitcoin Sale Funds Texas Acquisition

Riot Platforms jumped roughly 11% after disclosing it sold more than $160 million in Bitcoin to finance a Texas data-center acquisition. The company says the move is part of a strategic shift to redeploy capital into expanding mining infrastructure.

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Published at 2026-01-16 18:30:38

Nasdaq Warns Canaan as Shares Stay Below $1 Ahead of Delisting Deadline

Nasdaq has issued a delisting warning to Bitcoin miner Canaan after its shares remained under $1, putting the company close to a compliance deadline despite a recent hardware order and an October rally. The move raises risks for investors and could limit the firm's access to U.S. capital markets.