Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high
Big investors are betting big on Bitcoin price strength, but the same cannot be said for the average exchange user. Go to Source Powered by WPeMatico
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Another solo Bitcoin miner solves valid block, making it fourth in 2022
A ‘whale’ solo Bitcoin miner with a whopping 1.14PH/s computing power solved a valid block on Tuesday. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday
Following two consecutive days of losses, bitcoin and ethereum both rebounded strongly to start the weekend. Crypto markets were trading close to 5% higher on Saturday. Bitcoin The world’s largest cryptocurrency regained some upward momentum on Saturday, as bitcoin bulls appeared to have re-entered the race. BTC/USD rose to an intraday high of $37,952.88 on … Read more
Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders
Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically referred to as crypto whales, … Read more
Bitcoin dodges ‘sub-$30K liquidity grab’ — levels to watch now
Bitcoin derivatives markets are finally seeing a long-awaited sustainable reset, increasing the prospects of a “relief bounce” to come, a new market report says. Go to Source Powered by WPeMatico
Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support
BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction. Go to Source Powered by WPeMatico
‘Bull or bear market?’ Bitcoin losses from panic selling mount in 2022
Curious behavior sees investors selling coins for less than they purchased them for, with Bitcoin still notionally in a bullish uptrend. Go to Source Powered by WPeMatico
78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted 78 days so … Read more
No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price
It’s a slow grind for long-term holders with no significant macro top or bottom in sight, the Reserve Risk metric suggests. Go to Source Powered by WPeMatico
Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry. Valkyrie’s Proposed ETF Targets the Bitcoin Mining Industry … Read more