Coinatory

Bitcoin Hits $100K Cost Basis as Whales Trigger $3.5B Profit Wave Bitcoin’s speculative base has hit a new milestone, with the average cost basis for short-term holders (STHs) exceeding $100,000—a development that may cement this level as a pivotal support zone amid heightened market volatility. According to blockchain intelligence firm Glassnode, the average acquisition price for investors who entered the market within the past six months has now surpassed six figures. This benchmark is particularly signif... cryptocurrency news

Trump Media Seeks SEC Approval for Truth Social Bitcoin ETF Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social, has submitted a Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for the launch of the Truth Social Bitcoin ETF. This proposed exchange-traded fund aims to provide investors with direct exposure to Bitcoin’s price movements. The ETF is structured to hold actual Bitcoin, with Crypto.com designated as the exclusive custodian... Coinatory