Bitcoin News in Nigeria

The post Strategic Bitcoin Custody Diversification: MicroStrategy’s $5.1B Fidelity Move appeared on BitcoinEthereumNews.com. In a massive institutional move that’s shaking up the cryptocurrency world, MicroStrategy has executed a strategic Bitcoin custody diversification by transferring 58,000 BTC to Fidelity Custody. This $5.1 billion transfer represents one of the largest institutional Bitcoin custody diversification moves in recent history, signaling a major shift in how large corporations manage their digital asset holdings. Why Is Bitcoin Custody Diversification So Critical? Bitcoin custody diversification has become a top priority for institutional investors holding substantial cryptocurrency positions. When you’re managing billions in digital assets, putting all your Bitcoin in one custody solution creates significant risk. Therefore, spreading assets across multiple trusted custodians provides enhanced security and operational flexibility. MicroStrategy’s Bitcoin custody diversification strategy demonstrates several key benefits: Risk mitigation across multiple security systems Operational redundancy for business continuity Enhanced security protocols from different providers Regulatory compliance through diversified partnerships How Does This Bitcoin Custody Diversification Impact The Market? The scale of this Bitcoin custody diversification move sends powerful signals throughout the cryptocurrency ecosystem. When a company of MicroStrategy’s stature makes such a substantial custody shift, it validates the importance of professional Bitcoin custody solutions. Moreover, this transaction highlights the maturation of institutional-grade cryptocurrency infrastructure. This strategic Bitcoin custody diversification follows industry best practices for large-scale digital asset management. By working with Fidelity, MicroStrategy gains access to one of the most trusted names in financial services, while maintaining their existing custody relationships. This approach to Bitcoin custody diversification sets a new standard for corporate cryptocurrency management. What Challenges Does Bitcoin Custody Diversification Address? Implementing effective Bitcoin custody diversification isn’t without its challenges. Large transfers require meticulous planning and execution to ensure security throughout the process. However, the benefits of proper Bitcoin custody diversification far outweigh the temporary operational complexities. Key challenges in Bitcoin custody diversification include: Secure transfer protocols between…

The post As Bitcoin Holds Steady Near $87,000, Here’s the BTC Price Prediction for Today appeared first on Coinpedia Fintech News Bitcoin is attempting to stabilize around the $87,000 mark after a choppy week driven by U.S. inflation data, bond-market volatility, and renewed ETF inflows. While the broader macro backdrop remains mixed, BTC’s ability to maintain higher-low structures on intraday charts is keeping bullish sentiment alive—but traders are now watching a narrow price window that could …

The post Total Supply Losses For BTC, ETH, SOL Are Overstated: Data appeared on BitcoinEthereumNews.com. Recent data from Glassnode showed Bitcoin (BTC), Ether (ETH), and Solana (SOL) reflecting record high levels of their supply held at a loss.  However, a closer examination of the locked supply, institutional holdings, and staking structures revealed that the effective liquid supply under pressure is significantly lower than the implied percentages, especially for Ether and Solana.  Key takeaways: A significant portion of Ether and SOL held at a loss is not liquid, with over 40% of ETH and more than 75% of SOL locked in staking, ETFs, or strategic reserves. Bitcoin’s at-loss supply appeared high, but institutional holdings and lost BTC supply significantly reduce its true liquid float. Positions at a loss do not reflect the actual liquid supply Bitcoin currently has 35% of its supply held at a loss, a level last seen when BTC traded near $27,000. However, even without a staking mechanism, Bitcoin’s liquid supply is far lower than the numbers suggest. The key statistics are outlined below: BTC circulating supply: 19,953,406 BTC held by public/private companies, ETFs, and countries: 3,725,013 BTC BTC lost forever (estimates): 3,000,000–3,800,000 BTC. This represents 15.0% to 19.0% of the total circulating supply. Bitcoin’s percentage of supply in profit is in a sharp decline. Source: Glassnode Combined, these factors remove roughly 33% of all Bitcoin from liquid circulation. Institutional holdings, particularly ETF treasuries and corporate treasuries, are not sensitive to short-term volatility, as they operate under mandates tied to reserves, long-horizon accumulation, or index tracking. The lost BTC further reduced the supply that can react to loss-driven pressure. Ether figures required a more nuanced interpretation. While 37% of ETH is currently held at a loss, a substantial portion of the network’s supply is locked or institutionally held: Total ETH staked. Source: CryptoQuant In total, over 40% of all ETH is effectively locked…

The post Uncover The Astonishing Growth Potential Of BTC appeared on BitcoinEthereumNews.com. Are you ready to discover where Bitcoin’s price could be heading from 2025 through 2030? As the cryptocurrency that started it all, Bitcoin continues to capture global attention with its volatile yet potentially rewarding price movements. This comprehensive Bitcoin price prediction analysis examines the factors that could drive BTC’s value in the coming years, helping you make informed investment decisions. What Drives Bitcoin Price Prediction Accuracy? Understanding Bitcoin’s price movements requires analyzing multiple fundamental factors. The BTC forecast depends on adoption rates, regulatory developments, technological upgrades, and macroeconomic conditions. Historical patterns suggest that Bitcoin tends to follow four-year cycles, often correlated with halving events that reduce mining rewards. Bitcoin Price Prediction 2025: The Post-Halving Effect Following the 2024 halving, 2025 could see significant price appreciation based on historical patterns. Our BTC forecast for 2025 considers several key factors: Institutional adoption continuing to accelerate Potential ETF approvals in additional markets Macroeconomic conditions influencing risk assets Technological improvements to the Bitcoin network Scenario 2025 Price Range Probability Conservative $80,000 – $120,000 30% Moderate $120,000 – $180,000 50% Bullish $180,000 – $250,000 20% BTC Forecast 2026-2027: The Consolidation Phase After potential 2025 peaks, 2026-2027 might represent a consolidation period. This cryptocurrency analysis suggests these years could see: Price stabilization as markets digest previous gains Increased regulatory clarity shaping long-term trends Growing mainstream acceptance as payment method Development of Layer 2 solutions enhancing utility Cryptocurrency Analysis: Long-Term Bitcoin Investment Potential A strategic Bitcoin investment approach requires understanding both opportunities and risks. The crypto market trends indicate several positive long-term drivers: Scarcity: Only 21 million Bitcoin will ever exist Global adoption: Increasing recognition as digital gold Institutional interest: Growing corporate and fund allocation Technological evolution: Ongoing network improvements Bitcoin Investment Strategies for 2025-2030 Successful Bitcoin investment requires careful planning. Consider these approaches based on your…

Following a significant downturn that saw Bitcoin (BTC) plunge to the $80,000 mark on November 21, the leading cryptocurrency has managed to stabilize above this critical threshold for several days.  This development has sparked speculation about whether this level represents a short-term bottom and if a new upward trend might follow. Potential Local Bottom For Bitcoin According to analysis from CryptoQuant analyst Carmelo Aleman, on-chain data indicates a market landscape characterized by institutional redistribution, structural weakness, and signs of a rebound that may hint at a local bottom. Related Reading: Bitcoin Faces Less Than 50% Chance Of Hitting $100,000 By December 31, Says AI Model One of the observations made is that large whale investors have been actively distributing their holdings. The cohorts holding more than 10,000 BTC and those with 1,000 to 10,000 BTC appear to be primarily in a selling position.  Carmelo stated that this kind of behavior reflects ongoing profit-taking by institutions looking to reduce their risk exposure, which leads to an overall offloading of supply into the market. Retail investors have also been contributing to the distribution trend. Over the past 60 days, wallets holding between 0 to 1 BTC and 1 to 10 BTC have demonstrated net selling rather than accumulation, suggesting a lack of purchasing support from the retail sector. In contrast, mid-sized BTC holders—those in the 100 to 1,000 BTC range—appear to be acquiring steadily, while the 10 to 100 BTC group is showing consistent accumulation.  Hidden Bullish Divergence After this 11-day selling spree, signs of stabilization have emerged. Bitcoin has rebounded above $89,000 on late Monday, which may suggest the formation of a local bottom, although this has yet to be conclusively confirmed.  However, while momentum is positive, Aleman warned that the possibility of a trend reversal is heavily reliant on ongoing accumulation from crucial investor cohorts, notably mid-sized investors. While there are obvious rebounds and support from particular groups, the continued distribution of the 1,000 to 10,000 BTC cohort prevents definitive confirmation of a trend reversal.  Related Reading: Latest Crypto Crash Wipes $1 Billion Off Trump Family’s Wealth Other analysts, including Ash Crypto, have noted bullish indicators that further support this outlook. He highlighted that Bitcoin is experiencing a hidden bullish divergence on the weekly timeframe, suggesting that selling pressure is easing, momentum is stabilizing, and the weekly Relative Strength Index (RSI) may soon reverse. If this hidden bullish divergence is confirmed, it typically precedes a strong continuation rally, according to the analyst, adding to the argument that BTC may be on the verge of a new upward trajectory. Bitcoin is currently trading at $87,150, 30% below its all-time high of $126,000. This momentum has caused the top cryptocurrency to erase all gains recorded in all time frames, including year-to-date, with a drop of roughly 9% during this period.  Featured image from DALL-E, chart from TradingView.com

Amid ongoing speculation regarding the true identity of Bitcoin’s (BTC) creator, new analysis suggests that Jack Dorsey, the entrepreneur known for founding Twitter and currently serving as the CEO of Block, could potentially be Satoshi Nakamoto.  Surprising Links Between Jack Dorsey And Bitcoin’s Satoshi During Square’s investor day last week, Dorsey was directly questioned about […]

The post Bitcoin (BTC) Longs Rally as Buddy Opens Fresh BTC Position, Ai Yee Reports ETH and HYPE Push Total Longs to $18.63M with $537K Floating Profit appeared on BitcoinEthereumNews.com. On-chain analyst Ai Yee reports that a trader nicknamed Buddy opened a fresh Bitcoin long position roughly 30 minutes ago, per COINOTAG. The new bet leaves Buddy holding 9 BTC, valued at about $788,000, as part of a broader set of three concurrent long bets. Together, the three long positions push disclosed exposure to around $18.63 million, with a floating profit near $537,000. The current allocations are: ETH, 4,750 coins (~$14.07 million) at an entry price of $2,886.40; HYPE, 110,000 coins (~$3.77 million) at $32.71; BTC, 9 coins (~$790,000) with an entry around $87,895.50. This composition highlights a diversified portfolio strategy within the crypto markets, anchored by circulating on-chain data and real-time P/L. While volatility remains a factor, the observed allocations reflect disciplined capital deployment rather than speculative bets. Source: https://en.coinotag.com/breakingnews/bitcoin-btc-longs-rally-as-buddy-opens-fresh-btc-position-ai-yee-reports-eth-and-hype-push-total-longs-to-18-63m-with-537k-floating-profit

Crypto analysts and pundits are making a bold prediction: that Ripple (XRP) could outpace those of Bitcoin (BTC) in upcoming market cycles, with investors “not prepared for what’s coming”. Their optimism stems from factors including its superior transactional utility, post-regulatory clarity market dynamics, and historical examples where major altcoins tended to play catch up after … Continue reading "Crypto Pundits Say XRP Will Outshout Bitcoin by Significant Measures" The post Crypto Pundits Say XRP Will Outshout Bitcoin by Significant Measures appeared first on Cryptoknowmics-Crypto News and Media Platform.

PANews reported on November 26 that Arkham released an update on Strategy's Bitcoin holdings: Strategy has been diversifying its custodians to reduce its reliance on Coinbase. In the past two months, it has transferred 58,390 Bitcoins (currently worth $5.1 billion) to Fidelity Custody. Fidelity Custody employs a commingled account system, where client assets are held in a mixed manner, including some of Strategy's Bitcoin, which is also mixed with the assets of other Fidelity clients. This means that on the Arkham platform, more of Strategy's Bitcoin now appears under the name of the Fidelity Custody entity, rather than under Strategy's own entity. Including the Bitcoin deposited into Fidelity Custody, Arkham tracks approximately 92% of Strategy's Bitcoin. Strategy holds a total of 641,692 Bitcoins (worth $56.14 billion), of which 165,709 Bitcoins (worth $14.5 billion) have been sent to Fidelity custody.

Bitwise analisti Jeff Park, Bitcoin’in (BTC) tarihsel olarak benimsenmiş 4 yıllık halving döngüsünün artık geçerliliğini yitirdiğini ve piyasanın kurumsal döneme geçişle birlikte yeni bir “2 yıllık fiyat döngüsüne” dönüştüğünü savundu. Park’a göre Bitcoin’in gelecekteki fiyat hareketleri, artık madenci ekonomisi ve arz şoklarının değil, ETF tabanlı fon akışlarının ve profesyonel yatırımcı psikolojisinin ürünü olacak. Park, eski […] Kaynak: Bitcoinsistemi.com