COINOTAG News (September 6) reports that on-chain analyst Yu Jin tracked a large whale address which, after significant losses on ETH positions, has reallocated exposure and initiated a notable BTC
Solana, after Bitcoin and Ethereum, is rapidly becoming a company favourite.
Robinhood is set to join the S&P 500 while Strategy, a leading Bitcoin proxy, was excluded despite eligibility, highlighting the committee’s discretionary control over index composition. S&P 500 Opts for Robinhood Over Strategy Despite Both Meeting Standards S&P Dow Jones Indices announced on Sept. 5 that Applovin (Nasdaq: APP), Robinhood Markets (Nasdaq: HOOD), and Emcor
XRP, Bitcoin, Shiba Inu Market Update — COINOTAG XRP outlook: bears appear to be losing momentum as selling volume wanes and price consolidates near the 100‑day EMA. Bitcoin’s recent comeback
BitcoinWorld Unbelievable: Arkham Reveals Massive German Bitcoin Seizure Oversight A groundbreaking revelation from blockchain analytics firm Arkham is sending ripples through the cryptocurrency world. They’ve just announced the identification of a staggering 45,000 BTC, valued at approximately $5 billion, that the German government has apparently failed to seize from the defunct illegal movie streaming website, Movie2k. This massive German Bitcoin seizure oversight raises significant questions about asset recovery and enforcement in the digital age. What’s the Latest on the German Bitcoin Seizure? Arkham, a well-known blockchain analytics firm, recently took to X (formerly Twitter) to share their significant findings. Their investigation uncovered a substantial cache of Bitcoin still linked to Movie2k, an illegal streaming platform that ceased operations years ago. This discovery comes after the German government had already seized and subsequently sold a considerable amount of Bitcoin from the same source. In early 2024, German authorities successfully confiscated 50,000 BTC from Movie2k. These funds were then liquidated between June and July of the same year, fetching an average price of $57,900 per Bitcoin. This initial German Bitcoin seizure was widely reported as a major success in combating illicit digital assets. How Did This Massive German Bitcoin Seizure Go Unnoticed? Despite the earlier seizure, Arkham’s meticulous analysis revealed a comparable sum of 45,000 BTC that remains untouched. This amount, worth approximately $5 billion at current market prices, is reportedly distributed across more than 100 different wallets. What makes this situation particularly intriguing is the dormancy of these funds. According to Arkham, these wallets have shown no activity since 2019, suggesting they have been sitting dormant for several years. The firm postulates that since German authorities have not publicly acknowledged these specific assets, they are likely still under the control of the original Movie2k operators. This raises a crucial question about the thoroughness of previous investigations. Key details identified by Arkham: Unseized Amount: 45,000 BTC, valued at roughly $5 billion. Wallet Distribution: Spread across over 100 distinct cryptocurrency wallets. Dormancy Period: Funds have been inactive since 2019. Current Control: Likely still held by Movie2k operators, as no public statements from Germany indicate otherwise. What Are the Implications of This German Bitcoin Seizure Revelation? The revelation of such a large, unseized sum has several potential implications. Firstly, it highlights the persistent challenges law enforcement faces in tracking and confiscating digital assets, even years after an operation has been shut down. Blockchain analytics firms like Arkham play a vital role in bridging these gaps with their specialized tools and expertise. Furthermore, the sheer volume of 45,000 BTC represents a significant potential supply shock to the market if these funds were to be moved or sold. While they have been dormant, any future activity could impact Bitcoin’s price. The possibility of another substantial German Bitcoin seizure also looms, as authorities may now be compelled to investigate Arkham’s claims more thoroughly. This situation also underscores the importance of ongoing monitoring in the crypto space. Even after initial successes, illicit funds can remain hidden, waiting for an opportune moment to be moved. It serves as a stark reminder for both authorities and the wider crypto community about the need for vigilance. Conclusion: The Unfolding Saga of the German Bitcoin Seizure Arkham’s discovery of an additional $5 billion in unseized Bitcoin from Movie2k is a significant development. It challenges the narrative of complete asset recovery and emphasizes the complex, ever-evolving nature of tracking digital wealth. As the cryptocurrency landscape continues to mature, the capabilities of blockchain analytics firms become increasingly indispensable for transparency and enforcement. The world watches to see how German authorities will respond to this compelling new information regarding the remaining German Bitcoin seizure assets. Frequently Asked Questions (FAQs) 1. What is Movie2k? Movie2k was a popular, albeit illegal, website that offered free streaming of movies and TV shows. It was shut down by authorities years ago. 2. Who is Arkham? Arkham is a blockchain analytics firm specializing in tracing and identifying cryptocurrency transactions and wallet ownership, often assisting in investigations related to illicit funds. 3. How much Bitcoin did Germany previously seize from Movie2k? German authorities seized 50,000 BTC from Movie2k in early 2024, which they later sold for an average of $57,900 per Bitcoin. 4. What is the value of the unseized Bitcoin identified by Arkham? Arkham identified 45,000 BTC, which is valued at approximately $5 billion at current market prices. 5. Why is this unseized Bitcoin significant? It highlights the ongoing challenges in seizing digital assets, could potentially impact the Bitcoin market if moved, and demonstrates the crucial role of blockchain analytics in uncovering hidden funds. Did you find this insight into the German Bitcoin seizure fascinating? Share this article with your friends and on social media to keep them informed about the latest developments in cryptocurrency asset recovery and enforcement! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Unbelievable: Arkham Reveals Massive German Bitcoin Seizure Oversight first appeared on BitcoinWorld and is written by Editorial Team
The SEC and CFTC roundtable on September 29 is a coordinated effort to align U.S. crypto regulation by harmonizing product and venue definitions, evaluating 24/7 trading, and clarifying event and
Bears suffocating, as seen on charts of XRP, Bitcoin and SHIB, which could be sign of trend reversal
BitcoinWorld Corporate Bitcoin Holdings Soar Past 1 Million: A Game-Changing Milestone The world of digital assets is witnessing a remarkable shift. For the first time ever, the total amount of corporate Bitcoin holdings globally has surged past one million Bitcoins. This monumental achievement, reported by Unfolded and citing data from Bitwise, shows these holdings stood at an impressive 1,000,442 BTC as of September 4. This milestone signals a profound acceleration in institutional adoption, reshaping the financial landscape and capturing the attention of investors worldwide. What’s Driving This Monumental Growth in Corporate Bitcoin Holdings? This significant surge in corporate Bitcoin holdings isn’t happening in a vacuum. Several key factors are encouraging companies to add Bitcoin to their balance sheets: Inflation Hedge: In an era of economic uncertainty and rising inflation, many corporations view Bitcoin as a reliable store of value. Its decentralized nature and limited supply offer a potential hedge against currency debasement. Diversification: Adding Bitcoin provides portfolio diversification, moving beyond traditional assets like stocks and bonds. This can help reduce overall risk exposure for corporate treasuries. Digital Gold Narrative: Bitcoin’s growing acceptance as “digital gold” makes it an attractive asset for long-term value preservation. Companies are recognizing its potential to appreciate over time. Technological Advancement: Embracing Bitcoin aligns companies with the forefront of financial innovation. It demonstrates a forward-thinking approach to digital transformation and market leadership. The Strategic Advantages of Increasing Corporate Bitcoin Holdings Beyond the immediate drivers, holding Bitcoin offers distinct strategic benefits for corporations. These advantages are not just financial but also extend to brand perception and future positioning. Enhanced Brand Image: Companies that adopt Bitcoin are often seen as innovative and progressive. This can attract a new generation of customers and talent who are digitally native and tech-savvy. Liquidity and Accessibility: Bitcoin is a highly liquid asset, easily convertible to fiat currency when needed. Its global accessibility also simplifies international transactions and treasury management for some businesses. First-Mover Advantage: Early adopters in the corporate space could gain a competitive edge. They are building expertise and infrastructure around digital assets before broader mainstream adoption, positioning themselves for future growth. Potential for Appreciation: While volatile, Bitcoin has historically shown significant long-term growth potential. Corporations are betting on this appreciation to boost their balance sheets over time. Navigating the Path: Are There Challenges with Corporate Bitcoin Holdings? While the benefits are clear, corporations venturing into Bitcoin also face specific challenges. It’s crucial for companies to understand these hurdles to implement effective strategies and mitigate risks. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving. This can create compliance complexities and potential legal risks for companies holding significant amounts of Bitcoin. Price Volatility: Bitcoin is known for its price fluctuations. This volatility can impact financial reporting and require robust risk management strategies to mitigate potential losses. Security Concerns: Storing large amounts of Bitcoin securely is paramount. Corporations must invest in advanced cybersecurity measures and robust custody solutions to protect their digital assets from theft or loss. Accounting and Tax Implications: The accounting treatment and tax implications of holding Bitcoin can be complex. Companies need expert financial advice to navigate these intricacies correctly. What Does This Milestone in Corporate Bitcoin Holdings Mean for the Future? The crossing of the one million Bitcoin threshold by corporations is more than just a number; it’s a powerful indicator of a shifting paradigm. This trend suggests a future where digital assets play a more central role in corporate finance. Increased Mainstream Acceptance: As more companies embrace Bitcoin, its legitimacy and acceptance as a mainstream asset will only grow. This could lead to wider adoption across various industries. Development of New Financial Products: The demand from corporations for Bitcoin-related services will likely spur the development of more sophisticated financial products, including derivatives, lending, and specialized custody solutions. Impact on Traditional Finance: This growing corporate interest will inevitably influence traditional financial institutions, pushing them to integrate digital asset services and potentially accelerate the convergence of traditional and decentralized finance. A New Era of Treasury Management: Corporate treasuries might increasingly consider a portion of their reserves in digital assets, moving beyond purely fiat-based strategies. This marks a significant evolution in financial management. The fact that global corporate Bitcoin holdings have surpassed one million BTC is a truly transformative moment. It underscores Bitcoin’s journey from a niche digital currency to a recognized strategic asset for businesses worldwide. This milestone is a testament to the growing confidence in Bitcoin’s long-term value and its potential to revolutionize corporate finance. As companies continue to explore and integrate digital assets, we are witnessing the dawn of a new financial era. Frequently Asked Questions (FAQs) 1. What does “corporate Bitcoin holdings” mean? It refers to the total amount of Bitcoin held directly on the balance sheets of publicly traded and privately held companies around the world, rather than by individual investors. 2. Why are corporations holding Bitcoin? Companies are acquiring Bitcoin for various strategic reasons, including hedging against inflation, diversifying their treasury assets, leveraging its potential for long-term appreciation, and embracing financial innovation. 3. Which companies are known for holding significant Bitcoin? While specific figures fluctuate, prominent companies like MicroStrategy, Tesla, and Block (formerly Square) have publicly disclosed substantial Bitcoin holdings. 4. Is it risky for companies to hold Bitcoin? Yes, there are risks involved, primarily due to Bitcoin’s price volatility, evolving regulatory landscape, and the need for robust security measures to protect these digital assets. 5. How does this milestone impact the broader crypto market? This significant increase in corporate Bitcoin holdings indicates growing institutional confidence and mainstream acceptance, which can contribute to market stability, liquidity, and further innovation in the crypto space. Did you find this insight into corporate Bitcoin holdings fascinating? Share this article with your network on social media to spread awareness about the evolving landscape of corporate finance and digital asset adoption! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Corporate Bitcoin Holdings Soar Past 1 Million: A Game-Changing Milestone first appeared on BitcoinWorld and is written by Editorial Team
Ethereum is currently undergoing a price correction, slipping below key levels as selling pressure grows across the broader market. Despite this pullback, institutional interest in ETH remains resilient, with major players continuing to add aggressively to their holdings. Analysts have raised the possibility of a deeper correction, pointing to mounting volatility and the inability of ETH to reclaim the $4,500 zone. However, the long-term outlook still leans bullish as onchain data highlights consistent demand from whales and institutions. According to analyst Ted Pillows’ data, large-scale investors have been particularly active in recent days, withdrawing ETH from exchanges and reallocating it into long-term strategies and DeFi protocols. This divergence between short-term price weakness and long-term accumulation highlights Ethereum’s unique position in the current market cycle. While price action may continue to test lower levels in the near term, the fundamentals of Ethereum remain intact, with capital rotation and institutional flows supporting the broader bullish thesis. For investors, the coming weeks could prove decisive, as the market weighs short-term volatility against the persistent confidence of whales betting on Ethereum’s long-term strength. Whale Accumulation Reinforces Ethereum Position According to Pillows, Ethereum continues to attract large-scale buyers despite the recent correction, with data showing that three fresh wallets purchased $148,860,000 worth of ETH in the past few days. Such aggressive accumulation reinforces the conviction that institutions and whales maintain in Ethereum’s long-term potential, even as short-term volatility pressures the broader crypto market. While many retail investors are cautious, institutional players appear to be quietly stacking ETH, preparing for the next leg of growth. Their actions indicate not only faith in Ethereum’s fundamentals but also a recognition of its expanding role in decentralized finance (DeFi), tokenization, and as collateral within the broader crypto economy. The conviction displayed by these whales is a positive signal for the market, and one of the key reasons why ETH has been outperforming Bitcoin recently. As capital rotation continues to favor Ethereum, it suggests that big players are positioning for stronger relative performance compared to BTC. Technically, ETH must hold above the $4,000 level to preserve its bullish structure and maintain strength against Bitcoin. A breakdown below this threshold could weaken its position, but holding firm would provide the foundation for another surge. With whale conviction still rising, Ethereum’s resilience in this consolidation phase could set the stage for its next major move. Consolidation Above Key Price Levels Ethereum (ETH) is currently trading at $4,414, showing resilience after weeks of heightened volatility. The daily chart highlights a period of sideways consolidation just below the $4,500 resistance, a key level that bulls must reclaim to confirm renewed momentum. The moving averages provide important context: the 50-day SMA around $4,115 acts as the nearest short-term support, while the 100-day SMA at $3,368 remains further below, reinforcing the bullish structure despite the correction. The 200-day SMA sits at $2,721, well beneath the current price, underscoring ETH’s long-term strength in this cycle. Recent price action shows repeated attempts to break through the $4,500 level, each time meeting selling pressure. This rejection pattern highlights market caution, as traders anticipate further tests of support levels before a decisive move. Should ETH fail to hold above $4,200, the next significant demand area lies closer to $3,900. On the other hand, if buying pressure resumes, particularly from whales and institutions that have been accumulating aggressively, a breakout above $4,500 could quickly target the $4,800 region. For now, Ethereum remains in consolidation mode, balancing between strong fundamentals and the weight of short-term selling. Featured image from Dall-E, chart from TradingView
Jake Clover, CEO of Digital Ascension Group and a long-time XRP advocate, used a new video published on September 3 to deliver an unambiguous message to traders waiting for one last capitulation: he doesn’t think a 90% collapse is coming back. “I would love it too. I don’t think it’s going to happen,” Clover said, arguing that the market already gave skeptics ample time to buy during prolonged sub-$1 ranges. “When it was 50 cents, nobody wanted to buy it… You had three years to buy it at 50 cents or 30 cents or 40 cents or whatever it was. It ain’t coming back.” Will XRP Never Crash By 90% Again? Clover roots that conviction not in a single catalyst but in what he describes as a structural change to XRP’s market microstructure. He repeatedly cites the role of spot exchange-traded products – Bloomberg’s James Seyffart puts SEC approval in 2025 odds at 95% – and the execution algorithms used by institutional liquidity providers as a persistent source of demand that alters the asset’s downside dynamics. “It’s going to be sustained here because of the ETFs, because of the TWAP and VWAP and them entering the market. They’re not letting it come back down,” he said, referring to time- and volume-weighted execution that systematically slices large orders into the market over extended intervals. Related Reading: XRP Millionaires Dump After Major Accumulation Trend, Will It Be A Red September? He frames the current tape as a test the asset has already passed. “If it was going to [crash], there’s a bunch of stuff that rolled up and then it’s back down 90% since it went up. XRP hadn’t done that,” Clover noted, contrasting XRP’s behavior with other, sharper retracements elsewhere in crypto. In his reading, support has repeatedly asserted itself on the cross with Bitcoin as well. “It’s back on the line here where there’s been support on the Bitcoin and XRP chart. I think it’s up from here, especially if Bitcoin keeps going up,” he said, tying XRP’s path to the broader beta of the cycle. Clover also connects his outlook to a suite of prospective macro and market-structure tailwinds. He points to what he calls a “reverse carry trade,” the prospect of “adoption for the backend settlement of the stock market,” and the influence of ETF flows as scenario drivers that could render near-term entry prices largely irrelevant over a longer horizon. In one of the video’s most pointed passages, he underscores that view with a blunt thought experiment on future price levels: “You’re not going to care if you bought it at $2.30 or you bought it at $2.40 or you bought it at $2 when it’s a hundred dollars or $200 or $500.” Related Reading: XRP Will Lead The Next Upswing, Says Analyst — Here’s The Case The operational takeaway he offers to investors is procedural rather than tactical. Clover is explicit that market timing is a losing game for nearly everyone and that disciplined accumulation outperforms attempts to catch exact bottoms. “Dollar cost averaging is going to be your best bet 99.9% of the time,” he said. “Trying to time the market, you’re not going to do it. It’s like 1% of traders that ever timed the market well. And those that dollar cost average in, you’re going to win. Like you can’t, you can’t lose doing that. You’re going to get highs and lows, but your average is going to be pretty fair.” Risk management, in his account, is non-negotiable. He warns explicitly against taking on debt or leverage that compromises basic obligations in order to chase upside. “Don’t leverage yourself or over leverage yourself to the point where you can’t make your bills or can’t pay other stuff,” Clover said, adding that small, regular allocations made only from surplus cash are the appropriate way to express conviction while surviving the volatility that remains endemic to the asset class. If that thesis holds, the implication for strategy—again in Clover’s own words—is to stop waiting for the ghost of an old regime. “I know everybody wants the most they can get on stuff,” he said, “but dollar cost averaging is going to be your best bet… When you have some extra liquidity, buy a little bit.” At press time, XRP traded at $2.87. Featured image created with DALL.E, chart from TradingView.com