List of Flash News about BTC price rally
Time | Details |
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2025-05-09 07:02 |
Bitcoin Surges to $100K: Coins.ph Offers ₱100 BTC Bonus for New Users Amid Record Price Rally
According to Coins.ph on Twitter, Bitcoin has reached the $100,000 milestone, prompting the platform to launch a promotional offer granting ₱100 worth of BTC to new users who sign up, deposit at least ₱100 by May 16, and hold the balance until May 30. This incentive aims to drive increased retail participation in the Philippines’ crypto market and supports broader Bitcoin adoption. The surge to $100K is expected to intensify trading activity, especially as new retail investors enter the market through such onboarding promotions, potentially increasing liquidity and short-term price volatility. (Source: Coins.ph Twitter, May 9, 2025) |
2025-05-08 12:17 |
1inch Fund Sells All WBTC Holdings at $99,283 Amid Bitcoin Rally to $100K—Trading Strategy and Crypto Market Impact
According to @EmberCN, the 1inch team investment fund sold its remaining 55.38 WBTC for $5.5 million USDC at an average price of $99,283 as Bitcoin approached the $100,000 milestone. The fund had previously acquired 160.8 WBTC between February 2 and March 10 at an average entry price of $88,395. By selling all holdings at an average exit price of $94,219, the fund realized a profit of $936,000 (source: @EmberCN on Twitter, May 8, 2025). This decisive exit at a local high signals strong profit-taking and may indicate increased selling pressure near key psychological levels, impacting short-term BTC and DeFi token volatility. Traders should closely monitor market sentiment and liquidity shifts following large institutional moves. |