Открытая экологическая система создающая кино
An open ecological system that creates movies
开放式生态系统制作胶片

Feed aggregator

Bitcoin Big Money Bet: Whales Are Ramping Up Long Positions As Market Sets Up

bitcoinist.com - 58 min 14 sec ago

Bitcoin’s current price outlook may appear bearish and volatile, but sentiment is leaning toward a bullish narrative in the short and long term. Despite the ongoing waning price action, large BTC players are showcasing interest and conviction in the flagship crypto asset as they continue to stack long positions.

Large Players Go Long on Bitcoin

In the midst of heightened volatility and sideways performance, Bitcoin investors are showing up at a significant rate. Joao Wedson, a market expert and the founder of Alphractal, has shared an analysis that shows that Bitcoin’s large participants, also regarded as whales, are quietly shifting into a bullish phase. 

As highlighted in the research on the X platform, the cohort continues to accumulate long positions while the broader market begins to set up. Currently, the Whale vs Retail Delta Heatmap is demonstrating a clear divergence as institutional players are positioning ahead, while retail remains cautious, but longs remain the dominant side overall.

With Bitcoin’s price waning, this suggests that whales are not reacting to short-term noise. Rather, they could be positioning themselves early for a possible shift in direction toward the upside. Such a behavior from the cohort hints at rising confidence in the asset’s medium-term to long-term prospects.

The divergence between Bitcoin and altcoins indicates that large investors are betting their capital on BTC rather than distributing risk throughout the market. Thus, a period of Bitcoin-led market leadership may be unfolding underneath the surface due to the increasing prevalence of whale-driven BTC longs.

In the past, Wedson stated that this setup is capable of increasing the probability of forced liquidations driven by crypto exchanges. However, if the metric continues to display strength, the expert claims that it has mostly occurred close to important market bottoms, especially when whale condition grows across multiple timeframes.

Multiple Long Positions Have Been Liquidated

Long positions in Bitcoin may be growing, but the journey has not been a smooth one. In another X post, Wedson reported that BTC has liquidated a large portion of long positions that were opened over a period of 30 days. 

Wedson added that this massive liquidation shows that the majority of traders are still betting on an upside trajectory in the crypto market. However, cryptocurrency exchanges and OG investors are steadily moving against consensus, as they attract easy liquidity from unprepared players.

The Bitcoin liquidation map is telling a story. CryptoPulse’s analysis of the Bitcoin Exchange Liquidation Map shows that sell-side liquidation is currently stacked, which might push the price upward after the recent downside move. This accumulation implies that if the price rises, a significant concentration of short bets may be compelled to unwind, which could increase volatility. Should the structure allow it, a natural relief push is on the horizon.

BlackRock Drops Another Bitcoin ETF, But No Sign Of An XRP ETF, What’s Going On?

bitcoinist.com - 2 hours 27 min ago

BlackRock, the world’s largest asset manager, has filed for another Bitcoin ETF. This comes as the crypto ETF issuer continues to confine itself to the BTC and ETH ecosystems and has opted not to file for crypto funds such as the XRP ETF. 

BlackRock Files For New Bitcoin ETF

BlackRock filed an S-1 form for its Bitcoin Premium Income ETF. According to the filing, the Bitcoin ETF will seek to track BTC’s price while providing premium income through an actively managed strategy of writing call options on IBIT shares. From time to time, the Trust may also write call options on ETP indices that track spot BTC investment products to generate premium income. 

This proposed Bitcoin premium Income ETF will mark BlackRock’s third major crypto ETF offering, as it already offers a spot Bitcoin ETF and an Ethereum ETF. The world’s largest asset manager has, to date, opted against filing for an XRP ETF or funds that track other crypto assets, despite moves by other issuers such as Grayscale and Bitwise

It is worth noting that last year, BlackRock confirmed that it has no plans to file for a Solana or XRP ETF at this time, opting to focus on its existing Bitcoin and Ethereum ETFs. The asset manager is currently the largest BTC and ETH ETF issuer, with net assets of $69 billion and $10 billion, respectively, according to SoSoValue data

Meanwhile, other crypto ETFs have seen considerable success despite BlackRock’s hesitation to file for these funds. SoSoValue data shows that the XRP ETFs as a group already boast a net asset of $1.38 billion since launching in November. This accounts for just over 1% of the altcoin’s market cap. Solana ETFs have net assets of almost $1.10 billion, accounting for 1.50% of SOL’s market cap. 

BlackRock May Explore A Basket Product Down The Line

Bloomberg analyst James Seyffart said during an interview with market expert Nate Geraci that BlackRock appears content to stick with just Bitcoin and Ethereum ETFs. However, he alluded to his previous statement that the asset manager could launch a basket product or an active ETF at some point. 

This could take the form of a crypto index ETF, which provides exposure to multiple crypto assets rather than a single asset. Such a move will be similar to Ark Invest’s recent filing for a CoinDesk 20 ETF. Cathie Wood’s firm offers only a spot Bitcoin ETF but is now looking to provide exposure to other assets through an index fund, rather than filing for a spot XRP ETF or other individual crypto funds. 

Meanwhile, Seyffart made a case for a Solana ETF over an XRP ETF, stating that it is surprising that BlackRock hasn’t explored SOL. This came as he described BTC, ETH, and SOL as the ‘big 3’ in terms of crypto assets that institutional investors are looking to gain exposure to.

Another NFT Platform Falls As Rodeo Announces Shutdown

bitcoinist.com - 2 hours 28 min ago

Rodeo, a social-focused NFT marketplace, announced it will stop operating in early March after failing to grow enough to stay viable.

The decision was shared by the team and its CEO on social channels, and users were given a short window to move their work off the site. Reports say the platform will be taken offline in stages over the next few weeks.

Shutdown Timetable And What It Means For Users

Between January 27 and February 10, Rodeo will remain fully functional. On February 10 the site will switch to read-only mode and, by March 10, it will be shut off completely.

That schedule gives creators and collectors a limited period to access their accounts, download files, and prepare transfers before trading and posting are disabled.

According to company posts, Rodeo will provide tools to help move media and metadata to other storage systems.

https://t.co/z2Zvk2ibKi

— kayvon (@saturnial) January 27, 2026

Migration Tools

Reports note that Rodeo plans to let users migrate media and metadata to Arweave, a decentralized storage option, and that an asset migration assistant will be offered to guide transfers from Rodeo’s smart contracts.

Those steps aim to prevent loss of on-chain references and to preserve creators’ work in a more permanent form. While migration tools ease the process, collectors should act quickly because on-chain operations still require steps outside the Rodeo interface.

Why It Happened And The Team’s Take

According to posts from CEO Kayvon Tehranian, the product won a loyal following but did not scale to the level needed for long-term survival.

The team framed Rodeo as an experiment in social collecting — rewarding creators for posting and building community rather than just for trading — but said that a small, passionate user base was not enough to fund ongoing operations. Some leadership changes were also announced alongside the shutdown news.

A Broader Pattern In The NFT Market

The closure of Rodeo follows other recent platform wind-downs, most notably well-known marketplace Nifty Gateway that announced its own withdrawal and shutdown timetable this month.

The twin moves have shaken artists and collectors, who now face multiple deadlines and the task of moving assets off platforms that previously handled much of the heavy lifting.

This wave of closures is being treated as another sign that many NFT businesses are still struggling to find consistent demand.

Transfer Help And Practical Steps For Creators

Reports say Rodeo will publish guides and an assistant to help users transfer NFTs and related files. Creators should export any off-chain media and save contract addresses, token IDs, and metadata hashes.

If an NFT’s media is moved to Arweave, the token can keep its on-chain pointer while the underlying file stays retrievable for the future.

Featured image from Rodeo, chart from TradingView

Pundit Breaks Down Dogecoin ETFs And What It Means To Invest In Them

bitcoinist.com - 3 hours 57 min ago

Crypto pundit John Carter has weighed in on the growing discussion around Dogecoin ETFs, offering a structured explanation of what such products would actually mean for investors. As interest in crypto-backed exchange-traded funds accelerates, Carter’s breakdown cuts through speculation. He reframes the issue around access, structure, and ownership and the structural trade-offs investors would be making by choosing an ETF over direct exposure.

What Dogecoin ETF Really Offers

According to Carter, a Dogecoin ETF should be understood first as a traditional financial product, not a native crypto investment. The core value proposition lies in accessibility. Instead of engaging with cryptocurrency platforms, investors would gain Dogecoin exposure by purchasing ETF shares on established stock exchanges using standard brokerage accounts. From an execution standpoint, this places Dogecoin alongside equities and other regulated instruments, making participation frictionless for market participants already embedded in legacy finance.

The breakdown emphasizes that this structure removes several operational hurdles that deter many potential investors. There is no requirement to set up digital wallets, safeguard cryptographic credentials, or navigate security practices unique to blockchain assets. Transactions follow familiar market mechanics, and regulatory oversight introduces a level of institutional comfort absent from most crypto exchanges. In practical terms, the ETF acts as an on-ramp for investors who want price exposure without operational complexity.

However, Carter stresses that this convenience does not equate to owning DOGE itself. Investors are buying shares in a fund designed to track Dogecoin’s performance, not the asset directly. The ETF, not the investor, holds custody of the underlying Dogecoin. This distinction is central to understanding what participation in such a product actually means.

The Ownership Trade-Off The Pundit Warns Investors About

A key part of the explanation focuses on ownership and control. Carter points out that purchasing a Dogecoin ETF does not grant investors control over private keys. Instead, investors hold units in a fund that controls those keys on their behalf. This places ETF exposure firmly in the realm of indirect ownership.

In contrast, direct crypto ownership requires purchasing Dogecoin outright and taking possession of the private keys that grant access to the blockchain. He underscores that cryptocurrency assets never physically move; what changes is who controls the security credentials. 

The pundit frames Dogecoin ETFs as a strategic compromise. They prioritize ease of access, regulatory structure, and portfolio integration, while sacrificing self-custody and decentralization. For investors uncomfortable with managing crypto infrastructure, this may be an acceptable trade. For others, especially those aligned with the original principles of digital assets, it represents a fundamental shift in what it means to “invest” in Dogecoin.

In breaking this down, Carter makes one point clear: a Dogecoin ETF is not about owning DOGE, but about gaining exposure to it through familiar financial rails. Understanding that distinction is essential before making any investment decision.

Связанный с хищением конфискованной криптовалюты адрес запустил свой мемкоин

bits.media/ - 4 hours 12 min ago
Адрес, который блокчейн‑детектив ZachXBT связал с хищением конфискованной американскими властями криптовалюты на $40 млн и человеком по имени Джон Дагита, запустил на платформе Pump.fun токен John Daghita (LICK).

Fidelity Plans Stablecoin Launch On Ethereum As Digital Asset Strategy Broadens

bitcoinist.com - 4 hours 19 min ago

Fidelity Investments, one of Wall Street’s largest asset managers and a major issuer of crypto exchange‑traded funds (ETFs), has unveiled plans to deepen its presence in the digital asset market with the launch of its own US dollar‑backed stablecoin. 

The firm disclosed on Wednesday that it will introduce the Fidelity Digital Dollar, or FIDD, a dollar‑pegged cryptocurrency built on the Ethereum blockchain.

Fidelity Details Rollout Of Its FIDD Stablecoin

FIDD will mark the firm’s first stablecoin and will be issued by Fidelity Digital Assets, National Association. The company said the token will be available to both retail and institutional investors and is expected to roll out in the coming weeks. 

The stablecoin will be supported by the operational and security standards of the Fidelity Digital Assets, which the company says are institutional‑grade and built on more than ten years of research and development in the digital asset sector.

The asset manager emphasized that FIDD will operate as a fully integrated stablecoin offering within its broader financial ecosystem. Management of the reserve assets backing the stablecoin will be handled by Fidelity Management & Research Company LLC. 

Investors will be able to purchase and redeem FIDD at a one‑to‑one value with the US dollar through Fidelity Digital Assets, Fidelity Crypto, and Fidelity Crypto for Wealth Managers. 

In addition, the stablecoin will be listed on major cryptocurrency exchanges where it becomes available, and holders will be able to transfer FIDD freely to any address on the Ethereum mainnet.

Clearer US Crypto Rules To Roll Out Digital Dollar

The move comes as the stablecoin sector continues to expand rapidly, boosted by advancements in regulation under President Donald Trump. Last year, the country passed its first crypto bill, the GENIUS Act, which provides a framework for stablecoins. 

Mike O’Reilly, president of Fidelity Digital Assets, said the passage of the GENIUS Act marked a turning point for the industry by establishing clear regulatory standards for payment stablecoins. 

He added that the company is launching FIDD at a moment of increasing regulatory certainty, which he believes will help meet client demand, broaden choice in the market, and support the evolution toward a more efficient financial system.

O’Reilly also said the asset manager has long believed in the potential of digital assets and has spent years researching and promoting the role stablecoins can play in modern finance. 

As both a leading asset manager and an early mover in digital assets, he said Fidelity is well positioned to deliver on‑chain utility to investors through a dollar‑backed token like FIDD.

Featured image from OpenArt, chart from TradingView.com 

Ethereum Co-Founder Buterin Netted $70,000 On Polymarket Last Year, Here’s How

bitcoinist.com - 5 hours 28 min ago

Ethereum co-founder Vitalik Buterin says he made $70,000 trading prediction markets on Polymarket last year, not by chasing hot narratives, but by fading what he calls collective “madness.” The Ethereum co-founder framed the profit as a function of behavioral reflexes in thin, hype-prone markets, and used the conversation to surface a separate concern: oracle fragility in real-world event settlement.

Here’s How Ethereum’s Buterin Netted $70,000

In an interview posted by Foresight News reporter Joe Zhou on X, Zhou asked whether Buterin still used Polymarket after being active last year. “Yes, I made $70,000 on Polymarket last year,” Buterin replied. When pressed on sizing, he said his initial investment was $440,000, implying a mid-teens return that sits in sharp contrast to the more common retail experience of getting chopped up by headline-driven probability swings.

Buterin described his playbook as opportunistic mean reversion on sentiment rather than prediction as such. “My method is simple: I look for markets that are in ‘madness mode’ and then bet that ‘madness won’t happen,’” he said.

“For example, there’s a market betting on whether Trump will win the Nobel Peace Prize. Or some markets predict the dollar will go to zero next year during periods of extreme panic. When market sentiment enters this irrational ‘madness mode,’ I bet on the opposite, and this usually makes money.”

When Zhou asked where he tends to focus on Polymarket (crypto, politics, entertainment, economics), Buterin said his attention clusters around politics and technology, and reiterated that the edge, in his view, comes from arenas where participants are “caught up in a frenzy and irrationality.”

The more consequential part of the thread moved from trading style to settlement integrity. Zhou raised the question of informational asymmetries and “advance knowledge”, referencing online chatter around a Venezuela-related market and asked whether Buterin had seen similar dynamics. Buterin steered the answer toward oracle vulnerabilities, citing a wartime contract whose outcome hinged on a narrow operational definition.

He described a market on the Ukraine war that settled based on whether Russia “controlled a certain city,” where the smart contract defined “control” as control of the city’s most important train station. The oracle source, he said, was anchored to Institute for the Study of War (ISW) tweets and maps.

Then came the failure mode: “ISW employees, perhaps by mistake, or perhaps intentionally, hacked their own company’s system; their maps suddenly updated to show that the Russian army controlled the train station,” Buterin said. “This caused something that everyone thought had only a 5% probability (almost impossible) to instantly become 100% in the prediction market. Although ISW retracted the update the next day, the money may have already been paid out.”

For Buterin, the lesson is not merely that prediction markets can be wrong, but that the data supply chain they outsource to can be brittle in ways crypto participants systematically underestimate. “This reveals a huge problem: the security standards of current oracle data sources (such as Web2 news websites and Twitter) are too low,” he said. “They never imagined that a single message they posted would determine the ownership of $1 million on the blockchain.”

Asked how to solve the oracle problem, Buterin sketched two broad approaches. The first is a centralized trust model, effectively designating an authoritative publisher like Bloomberg. The second is token voting, a decentralized mechanism he associated with UMA. Buterin said confidence in UMA has been slipping due to a perceived game-theoretic weakness: if a whale coalition can dominate voting, minority “truth” voters can be punished economically, pressuring participants to mirror power rather than reality.

At press time, Ethereum traded at $3,010.

Coinbase UK Ads Crossed A Line—Here’s What Regulators Said

bitcoinist.com - 6 hours 57 min ago

Coinbase’s colorful ad push has been blocked in the UK after the country’s ad regulator found it crossed a line between satire and risky suggestion, The Guardian reported Wednesday.

What began as a musical-style spot and a set of eye-catching posters is now at the center of a formal ruling that bars the campaign from running in several formats.

Coinbase Ads Found To Trivialize Investment Risks

According to the Advertising Standards Authority, the adverts used humor about Britain’s cost pressures while hinting that switching to crypto could be a response.

The ASA said that mixing serious real-world worries with a message to “change” risked making a complex, high-risk product look like a simple fix. That judgement was one of the main reasons the campaign was disallowed.

The video at the center of the debate played like a short satirical musical. People danced in grim urban scenes while a catchy refrain ran through the spot.

The ad did not carry the clear risk disclaimers regulators expect for crypto promotions, and Clearcast — which vets TV ads in the UK — had already refused the spot for broadcast for that reason. Posters tied to the same campaign were shown in busy public places before action was taken.

Reaction Has Been Sharp

Reports note that the move sparked a quick reply from Coinbase and from voices online. Coinbase has defended the creative choice, saying the work was meant as social commentary and entertainment rather than a straight sales pitch.

The company said viewers could understand the satire. Some industry commentators argued the refusal to clear the video for TV looked like heavy-handed regulation, while others backed the ASA’s stance on protecting people from unclear financial messaging.

The debate is larger than one ad. Regulators have tightened rules for financial promotions after a string of cases in recent years where risk information was missing or downplayed.

Public bodies in the UK have pointed to the need for adverts to make investment risk clear, especially where the product involved is volatile and not covered by some consumer protections.

Past rulings show a pattern where crypto ads are frequently flagged when they omit strong risk warnings or imply easy gains.

Featured image from Money; Getty Images, chart from TradingView

Роберт Кийосаки пожалел о продаже своих биткоинов

bits.media/ - 7 hours 12 min ago
Автор книги о личных финансах «Богатый папа, бедный папа» Роберт Кийосаки (Robert Kiyosaki) заявил, что зря продал биткоины и посоветовал другим инвесторам не хранить деньги в долларах США, а инвестировать в золото, серебро и первую криптовалюту.

В Южной Дакоте предложили тратить деньги госбюджета на биткоины

bits.media/ - 7 hours 51 min ago
Член палаты представителей Южной Дакоты Логан Манхарт (Logan Manhart), состоящий в Республиканской партии, представил законопроект, разрешающий местным властям тратить деньги государственного бюджета на покупку биткоинов.

Тимоти Петерсон составил прогноз курса биткоина на февраль

bits.media/ - 7 hours 57 min ago
Экономист и основатель инвесткомпании Cane Island Alternative Advisors Тимоти Петерсон (Timothy Peterson) заявил, что в феврале биткоин может вернуться к устойчивому росту, и назвал причины.

Theo токенизировала доход от кредитов под залог золотых слитков

bits.media/ - 7 hours 57 min ago
Децентрализованная платформа токенизации активов Theo объявила о запуске золотого стейблкоина thGOLD, который одновременно выступает токенизированным паем фонда, кредитующего под залог золотых слитков.

Артур Хейс назвал условие выхода биткоина из депрессии

bits.media/ - 8 hours 36 sec ago
Биткоин выйдет из депрессии, если Федеральная резервная система США (ФРС) начнет печатать доллары ради стабилизации японского рынка гособлигаций, заявил сооснователь криптобиржи BitMEX Артур Хейс (Arthur Hayes).

Объем отмытых через криптовалюты денег поставил рекорд

bits.media/ - 8 hours 3 min ago
Объем средств, которые злоумышленники отмыли при помощи криптовалют, достиг в прошлом году $82 млрд, подсчитали аналитики компании Chainalysis. Для сравнения, в 2020 году объем отмытых через криптовалюту денег составлял $10 млрд.

Probe Into Venezuela’s Bitcoin Reserve Confirmed By White House Adviser

bitcoinist.com - 8 hours 28 min ago

Executive director of the President’s Council of Advisors for Digital Assets Patrick Witt said US officials are actively examining how Venezuela’s Maduro regime was financed, including whether any value sits in Bitcoin and “digital assets,” as speculation mounted earlier this month that recent Venezuela-linked actions may have surfaced a large Bitcoin cache. The comments stop short of confirming any seizure, but they place Bitcoin explicitly inside an ongoing national-security review.

White House Adviser Confirms Bitcoin Investigation

In a CoinDesk interview on Tuesday, Witt was asked whether digital assets were seized and what the US might do with them. Witt declined to provide specifics, citing the sensitivity of the situation, but described an interagency effort scrutinizing potential funding sources tied to the regime.

“Obviously, developing situation down there, still working through it, a lot of national security equities there,” Witt said. “So folks are talking, they’re looking at the situation overall, how the Maduro regime was financed and where some of those assets, whether it’s on the oil side, actual physical commodities or digital assets maybe. So I can’t comment on anything there as of now, but there’s a number of folks in the national security apparatus engaged and looking into that.”

The key takeaway for markets is procedural rather than tactical: Witt did not validate any claim that bitcoin or other tokens were seized, but he did confirm that crypto is being considered alongside commodity-linked value as investigators map financing channels.

The White House caution comes against a viral claim that Venezuela may control more than 600,000 BTC, an assertion amplified by a widely circulated Whale Hunting / Project Brazen newsletter by Bradley Hope and Clara Preve. That piece framed the idea as a thesis driven by intelligence sourcing and circumstantial financial logic, not on-chain attribution.

Subsequent on-chain analysis has emphasized the gap between the headline number and what blockchain analysts can actually prove. DL News reported that forensics firms “have struggled to find any Bitcoin at all held by the regime,” citing Arkham and TRM Labs as saying they had not identified holdings at the scale being claimed.

Skepticism has also centered on the lack of traceable starting points. Fortune quoted Nansen principal research analyst Aurelie Barthere saying the Project Brazen report “does not mention any addresses as a starting point, making it difficult to verify” the speculation.

At press time, Bitcoin traded at $89,285.

Bitget объявила о создании европейского офиса и назначении директора

bits.media/ - 8 hours 41 min ago
Зарегистрированная на Сейшельских островах криптобиржа Bitget объявила о планах создать европейскую штаб-квартиру в столице Австрии, Вене.

ABCEX запустила фьючерсы на биткоин и маржинальную торговлю

bits.media/ - 8 hours 46 min ago
Криптовалютная биржа ABCEX объявила о запуске фьючерсов на биткоин, а также о старте маржинальной торговли.

В России ограничили доступ к нескольким криптоСМИ

bits.media/ - 9 hours 48 min ago
Медиааналитики компании Outset PR сообщили, что сайты нескольких крупных международных изданий о криптовалютах перестали открываться у клиентов российских провайдеров домашнего интернета.

Steak ’N Shake Boosts Bitcoin Holdings After 18% Rise In Store Sales

bitcoinist.com - 9 hours 57 min ago

Steak ’n Shake said this week that it quietly beefed up its Bitcoin stash as in-store sales jumped. The chain added $5 million in BTC to what it calls a Strategic Bitcoin Reserve, bringing total crypto holdings to roughly $15 million.

Reports say the company pointed to crypto payments as one of the reasons same-store sales rose by 18% so far in 2026.

Steak ’N Shake’s Bitcoin Move

According to the brand’s social posts, every crypto payment made at its restaurants goes straight into that reserve instead of being cashed out.

This has let the reserve grow both from customer purchases and from occasional treasury buys. The latest post announced the $5 million top-up after an earlier disclosure that the reserve had been boosted by $10 million in January.

Steak n Shake’s Burger-to-Bitcoin transformation continues.

Today we increased our Bitcoin exposure by $5,000,000 in notional value.

All Bitcoin sales go into our Strategic Bitcoin Reserve.

Our self-sustaining system — improving food quality that grows same-store sales that…

— Steak ‘n Shake (@SteaknShake) January 27, 2026

What The Numbers Mean

On paper, $15 million is small next to big corporate treasuries that hold BTC. Still, for a restaurant chain, it is a visible bet.

Reports note the company began accepting crypto across some locations in May 2025, and it claims that the payment option helped draw a certain kind of customer and cut payment fees. That combination, the company says, helped lift traffic and sales.

Eight months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since.

All Bitcoin sales go into our Strategic Bitcoin Reserve.

Today we increased our Bitcoin…

— Steak ‘n Shake (@SteaknShake) January 17, 2026

Employee Bonuses And Publicity

The crypto story has also been used in staff talk. Steak ’n Shake announced a small BTC bonus plan for hourly workers, paid in BTC and subject to vesting rules.

That move created headlines and some debate, since paying workers in crypto raises practical and legal questions. The chain has been clear about wanting the reserve to support company goals rather than be a quick trading play.

A Practical Experiment

This is not a tech fad. The company has been running a simple experiment: accept BTC, keep the crypto, and see if it helps sales or loyalty.

Some outlets reported the same-store sales gains as double digits in various quarters last year, and the company’s narrative ties those gains to the crypto program. Independent audits or formal filings that fully confirm the sales-to-crypto link are not yet public.

How Observers See It

Analysts and market observers have treated the move as an interesting case study. Some see a marketing win; others call it a small but symbolic treasury play.

There are risks: BTC price swings can change the value of the reserve quickly, and operational issues around crypto pay can create friction at the counter.

Still, the chain appears committed for now, and that consistency matters in a crowded retail field.

Featured image from NSU Dining Services, chart from TradingView

Bitcoin Whales Flip From Distribution To Early Re-Accumulation – Details

bitcoinist.com - 10 hours 58 min ago

Bitcoin remains under pressure, struggling to reclaim the $88,000 level as uncertainty and persistent selling continue to dominate market sentiment. Price action reflects hesitation rather than panic, but the inability to attract sustained demand highlights a fragile short-term structure. According to a recent CryptoQuant analysis, on-chain data tracking large holders offers critical context for this weakness.

Data focusing on wallets holding between 1,000 and 10,000 BTC, excluding exchanges and mining pools, points to a clear behavioral shift among whales after an extended distribution phase in late 2025. Following a local peak around mid-2025, aggregate whale balances declined steadily while Bitcoin traded at elevated levels.

This pattern is consistent with distribution into strength, not forced liquidation, suggesting that large holders were reducing exposure opportunistically as price momentum matured.

The 30-day balance change metric reinforces this view. Throughout the third quarter and into early Q4, whale balances repeatedly printed negative monthly changes, even as prices attempted to push higher. This divergence coincided with rising volatility and fading upside momentum, signaling that rallies were increasingly sustained by marginal buyers rather than committed institutional-scale accumulation.

 

Whale Behavior Signals Early Stabilization After Prolonged Distribution

However, the same report highlights an important shift beneath the surface. Recent on-chain data shows a clear inflection in whale behavior, with both short-term (7-day) and medium-term (30-day) balance changes turning positive. After months of persistent outflows, total whale holdings are no longer declining and have begun to stabilize, gradually recovering from their local lows. This change suggests that large holders are no longer actively distributing into rallies.

Historically, transitions from net distribution to early accumulation tend to emerge during periods of price compression or after corrective phases, rather than near market peaks. The current environment fits that pattern. Bitcoin is trading in a tight range after a sharp drawdown, and volatility has compressed, creating conditions where strategic repositioning becomes more attractive for larger players.

From a broader macro on-chain perspective, the 1-year change in whale holdings remains relatively flat. This indicates that the market has not yet entered a full-scale accumulation regime typically associated with strong bull market expansions. Instead, the behavior observed so far is more consistent with tactical positioning and selective re-entry, rather than high-conviction, long-term buying.

Importantly, whale activity is no longer adding sustained sell-side pressure to Bitcoin’s supply. While this shift does not guarantee an immediate upside breakout, it materially reduces downside risk.

The market appears to be transitioning into a stabilization phase, where the next directional move will depend on whether accumulation meaningfully accelerates or fades at current levels.

Bitcoin Consolidates Around Weekly Demand Level

Bitcoin’s weekly chart shows price consolidating just below the $90,000 zone, highlighting a market caught between stabilization and unresolved downside risk. After the sharp correction from the $120K–$125K peak, BTC has entered a broad consolidation range, with recent candles clustering around the mid-to-high $80K area. This zone is increasingly acting as a critical demand region rather than a launchpad for immediate upside.

From a trend perspective, the structure has clearly weakened. Price remains below the 50-period moving average (blue), which has rolled over and now acts as dynamic resistance near the low $90Ks. The 100-period moving average (green) continues to slope upward and currently provides medium-term support just below the current price, reinforcing the idea of compression rather than free fall.

Meanwhile, the 200-period moving average (red) remains well below the price and rising steadily, confirming that the broader long-term uptrend is still intact despite the correction.

Volume dynamics also support a stabilization narrative. Selling pressure has eased compared to the distribution phase seen near the highs, and recent weekly candles show reduced downside momentum. However, the lack of strong bullish follow-through suggests buyers are selective rather than aggressive.

Bitcoin is transitioning into a decision zone. Holding above the 100-week moving average keeps the market in a corrective but constructive phase. Failure to do so would open the door to deeper mean reversion, while a reclaim of the 50-week average would be an early signal of trend repair.

Featured image from ChatGPT, chart from TradingView.com 

Pages

Subscribe to Кино токен  Kino token  硬币电影 aggregator