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The price of Bitcoin has surged back above $63,500, surpassing the average realized price for short-term investors. This bullish momentum is bolstered by substantial inflows into digital asset investment products. #Bitcoin Bounces Back: Key Indicators Point to Continued Growth “The price of Bitcoin has returned above $63,500, which is above the average realized price (purchase … Read more
Bitcoin sees familiar BTC price behavior as bulls’ latest push to $70,000 lasts a matter of minutes. Go to Source
“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen. Go to Source
The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected. Go to Source
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that moved 121.63 BTC a day ago … Read more
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell every bitcoin before Trump takes office. The transfer of $2 billion … Read more
Following the U.S. government’s transfer of $2 billion in bitcoin, Arkham Intelligence reported that the federal agency divided the funds into two separate Bech32 bitcoin addresses: one containing 10,000 BTC and the other holding 19,799.99 BTC. Arkham speculates that the 10,000 BTC may have been sent to an institutional custody service. Arkham Reports U.S. Bitcoin … Read more
Donald Trump didn’t like cryptocurrency during his first term in office, and he wouldn’t be obligated to carry out his promises for a second term. Go to Source
Bitcoin turned down from $70,000, a sign that bears are fiercely defending the overhead resistance, but the price whipsaws are having limited impact on altcoins. Go to Source
According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held as reserves. DOJ-Labeled Wallet Transfers More Than 29,000 Bitcoins … Read more