Bitcoin’s price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines. According to Lookonchain, a smart money on-chain account on X, as Bitcoin btc0.15%Bitcoin extended its decline from the recent peak above $73,000, a whale address that had previously sold in October appeared spooked. Data indicates that the large BTC holder,…
Read more
A Bitcoin wallet that has been dormant since 2014 suddenly woke up and moved over 174 bitcoins worth more than $102 million. Blockchain data showed that the Bitcoin btc1.3%Bitcoin wallet that received 174.88 BTC on Jan. 8, 2014, moved funds for the first time on Aug. 16, 2024. The transfer comes after a decade, during which Bitcoin’s…
Read more
Bitcoin (BTC) is among the top cryptocurrencies to watch this week after the digital asset recorded mild gains after a late-minute recovery triggered by the bulls. The rebound reverberated throughout the broader crypto market. Meme coins Dogwifhat (WIF) and Dogecoin (DOGE) also saw impressive gains. Amid the rollercoaster ride recorded by the entire market, the…
Read more
Bitcoin (BTC) witnessed mild losses despite a late comeback to the week-long bearish pressure. Meanwhile, artificial intelligence-focused altcoins Worldcoin (WLD) and SingularityNET (AGIX) recorded modest gains. In contrast to Bitcoin’s downward trend this week, the global cryptocurrency market capitalization experienced a slight 1.26% uptick, adding over $30 billion to reach $2.4 trillion at the last…
Read more
The Securities and Futures Commission, Hong Kong’s markets regulator, has not made an official announcement. Bitcoin (BTC) has risen 2.8% over 24 hours, trading above $66,500, and ether (ETH) has advanced to $3,240, according to CoinDesk Indices data, as multiple issuers in Hong Kong said they’d been approved for spot crypto exchange-traded funds (ETFs). China Asset Management, Bosera Capital…
Read more
Table Of Contents Who else is buying bitcoin? Bitcoin’s next move taking shape Bitcoin inverse head and shoulders pattern playing out The five successive days of $BTC outflow, driven by the Grayscale Spot ETF selling, have now been cancelled out by a $418 million inflow on Tuesday. It’s now just a matter of time before…
Read more
Table Of Contents Total 3 tells the story $KAS makes a breakout $SUI looks bullish $SUI cup and handle pattern With Bitcoin and the crypto market totally ignoring the bearish SEC investigation into the Ethereum Foundation, solid gains were made across the board on Wednesday. As Thursday sees calmer price action, both Kaspa (KAS) and…
Read more
Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling. Bitcoin remains above $65,000 despite highest-ever GBTC outflows. GBTC outflows are occurring due to high fees and ETF competition. Bitcoin (BTC) is down 4% and trading above $65,000 as the selling of Grayscale Bitcoin Trust (GBTC) shares hit its highest level ever. According…
Read more
