Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance SheetsDuring the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5, 2021, by approximately […]

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Bitcoin Price Rises Above $22K, Breaks 1 Month High

After pumping to the $21k level over the weekend and surpassing the $400 billion market cap, Bitcoin’s price continued to rise this Monday, breaking past its one-month high, currently trading at $22.1k. Ethereum price also gained over 28% in the past seven days as the upcoming network upgrade from proof-of-work to a proof-of-stake consensus mechanism has excited the market. Key Points: Bitcoin’s trading volume is up 19%, showing strong momentum in the market The global cryptocurrency market surpasses $1 trillion, signaling a rebound Coinbase manages to cover massive outflows of stablecoins from its platform Earnings season could help the stock

The post Bitcoin Price Rises Above $22K, Breaks 1 Month High appeared first on The Merkle News.

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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains

Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin Bitcoin (BTC) was in the green to start the week, as the weekend’s […]

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