A large Bitcoin whale has accumulated an additional 750 BTC, despite facing substantial unrealized losses on their existing holdings. The $46.8 million purchase was shared by Lookonchain. According to...
Category: Bitcoin
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Peter Schiff Says MicroStrategy Should Buy $4.3B Seized Bitcoin from Silk Road
Bitcoin critic Peter Schiff suggests MicroStrategy buy seized BTC assets by the U.S. government amid Donald Trump’s crypto promises. The United States Supreme Court has declined to review a case invol...
US Institutional Investors Are Selling Bitcoin: Price Impact
Bitcoin (BTC) is hovering around $62,000, caught in a temporary balance between bullish and bearish forces. Data indicates that Bitcoin is still under selling pressure from US institutional investors....
WATCH: The World's Largest Bitcoin Conference Is Happening In Amsterdam
The world’s biggest Bitcoin event, the Bitcoin 2024 Conference, is kicking off today in Amsterdam. Following the massive conference in Miami earlier this year, Bitcoin leaders are converging in ...
Could Bitcoin’s October Performance Be Influenced by Institutional Selling Pressure and ETF Outflows?
Bitcoin is currently facing significant selling pressure from US institutional investors, which has impacted its performance in October. The Coinbase Premium Index remains unfavorable, indicating a do...
Whale is down $46m on BTC, but continues to accumulate more
A large crypto whale decided to accumulate more Bitcoins despite standing in a huge loss as the asset’s price remains below $63,000. According to an X post by Lookonchain, this whale, “1L7g……xeTs,” ac...
Bitcoin Dogs Could Be the Next $1 Billion Token- Here’s What You Need to Know
Crypto markets have finally broken out following months of chop, and investors are flipping risk-on. As macro conditions present a Goldilocks period, markets are about to witness some wild rallies, an...
Bitcoin & Ethereum Lack Momentum, XRP Gains Amid ETF News!
Crypto Price Today Cryptocurrency Market Today: The global cryptocurrency market saw a slight dip today, with a 0.28% decrease in total market cap, now at $2.17 trillion. Meanwhile, 24-hour trading vo...
Trader Issues Bitcoin Warning, Says BTC Bulls Likely To Be Liquidated Before Real Rally Begins
A widely followed crypto analyst believes Bitcoin (BTC) is poised for one more liquidation event before sparking a fresh bull run. Trader Justin Bennett tells his 112,400 followers on the social media...
Binance Coin Whales Flock to DTX Exchange as Presale Hits $3.8M, While Bitcoin Cash Stays Bearish
As the crypto market begins to find its footing after the recent downtrend, investors are looking for the best crypto investment. Binance Coin (BNB) whales are currently moving towards DTX Exchange, a...
Supreme Court Rejects Bitcoin Ownership Appeal
The U.S. Supreme Court has chosen not to hear a significant case concerning the ownership of 69,370 Bitcoins, approximately valued at $4.38 billion. These Bitcoins were seized from the notorious Silk ...
Bitcoin Exchange Binance Announces It Will Suspend Deposits and Withdrawals of Many Altcoins on the BNB Network!
Binance, a leading global cryptocurrency exchange, has announced that it will stop supporting deposits and withdrawals of various tokens through certain networks starting October 23, 2024, at 11:00 AM...
Could Michael Saylor’s Purchases Mitigate Potential Sell-Off Risks as U.S. Government Prepares to Release 69,370 Bitcoin?
As the U.S. government prepares to sell a significant amount of Bitcoin, various market participants are evaluating the potential impacts on the cryptocurrency landscape. The decision by the Supreme C...
Bitcoin Rainbow Chart reveals October rally could spur bull run – All the details
The Rainbow Chart showed the bottom is closer than the top for BTC Falling NUPL noted reduced selling pressure from profit-takers Thirteen months ago, Bitcoin [BTC] was trading at $25.7k. Last Septemb...
Bitcoin Spot ETF Outflows Hit $18.66M Amid Mixed Market Trends
Key Points: Bitcoin Spot ETF outflows were $18.66M on October 8, with FBTC seeing a significant outflow of $48.82M, while IBIT had an inflow of $39.57M. Ethereum Spot ETF reported a net outflow of $8....
Bitcoin ETFs Now Control Over 925,000 BTC in the Market
Due to institutional demand, Bitcoin ETFs currently hold 925,266 BTC, or nearly 5% of the total circulating supply. BlackRock and Fidelity lead Bitcoin ETF inflows, with growing interest from wealth m...
Could Bitcoin Approach $100K Again? Exploring Potential Price Predictions Amid Market Uncertainty
The current Bitcoin price stands at approximately $62,471, struggling in the face of global economic instability. Despite recent setbacks, there remains a strong belief that Bitcoin could achieve an a...
Bitcoin Whale Withdraws 750 BTC from Binance, Facing $46 Million Loss
On October 9, COINOTAG highlighted significant movements in the cryptocurrency market as a prominent whale, previously inactive for half a year, executed a notable transaction. The entity, which comma...
Bitcoin Short Term Future Rests on Maintaining the STH Cost Basis
Bitcoin is fighting to maintain its Short-Term Holder (STH) cost basis to hedge against further market pressure following a 10% correction. In its latest weekly report, blockchain analytics firm Glass...
Crypto Majors BTC, ETH, XRP Little Changed as HBO Calls Peter Todd the Bitcoin Creator
The HBO documentary “Money Electric: The Bitcoin Mystery” sparked significant interest and speculation in the cryptocurrency community about the identity of Bitcoin’s pseudonymous cr...
Coinbase Users May Finally Unlock Taproot Benefits for Bitcoin Transactions: A Look at Enhanced Privacy and Lower Fees
Coinbase has recently enabled a significant feature for its users: the ability to send Bitcoin to Taproot addresses. This upgrade aligns Coinbase with prominent exchanges that already support Taproot,...
Bitcoin Price Outlook: Potential Breakthrough at Key Resistance Levels of $64,100 – $64,500?
The recent movements of Bitcoin’s price have sparked considerable market interest, especially following a notable short squeeze. Analysts are closely monitoring a significant resistance zone, which po...
Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?
On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In ...
Russia Jails Investigator for 16 Years for 1k Bitcoin Bribe
Russia has sentenced a former chief investigator Marat Tambiyev to 16 years in prison for accepting a bribe of 1,032 Bitcoin worth $65 million from a group of hackers. As per the probe, last year, Tam...
BTC & Altcoins Turbulent But EIGEN Soars 9%
The crypto prices today have illustrated mixed actions, sparking investor speculations globally. Bitcoin (BTC) price encountered considerable volatility to reach the $62K level, whereas ETH continued ...
It is a Decision Time for Bitcoin- Will it Break & Achieve $66,000 or Drop Below $60,000?
After the latest pullback, market participants are failing to regain their lost confidence in the rally, which has been reflected in the majority of the tokens. The narrow trend of the Bitcoin price r...
Is Bitcoin’s Reign Over? BlockDAG Presale Surges by $10M in 72 Hours, While Cardano Stages a Comeback!
If you’re reassessing your stance on investing in Bitcoin, it might be time to look elsewhere. Recent indicators predict a prolonged downturn for Bitcoin. Conversely, Cardano (ADA) is demonstrating re...
MicroStrategy (MSTR) Stock Stares At Massive Breakout, Will BTC Price Catch Up?
MicroStrategy, the world’s largest corporate Bitcoin holder and a proxy bet for investors, is seeing strong bullish action on Wall Street. The MSTR stock price is currently at a 6-month trading $192.2...
Bitcoin’s Price Action: Exploring Potential Bullish and Bearish Trends Ahead of Uptober
Bitcoin is experiencing significant price fluctuations, signaling potential bullish and bearish trends as traders approach the weekend. The crypto market faces growing uncertainties that may temper en...
Bitcoin Volatility Index Sees Decline: Understanding the Implications of BitVol’s 1.88% Drop
The recent data from COINOTAG indicates that on October 9, the **BitVol** (Bitcoin volatility) index, developed by T3 Index and LedgerX, experienced a decline, settling at **54.88**, reflecting a **1....
Who is Satoshi Nakamoto? HBO’s Bitcoin Documentary Points to Peter Todd
American pay television network, Home Box Office (HBO), has released its highly anticipated documentary on Bitcoin (BTC) and its mystery creator Satoshi Nakamoto dubbed The Bitcoin Mystery. In the doc...
Former Bitcoin Dev Peter Todd Denies He’s Satoshi Hours Before HBO Documentary Airs
There was some circumstantial evidence, including Todd’s interest in cryptography from a young age, his relationship with Adam Back (who emailed with Satoshi), his technical ability and Satoshi&...