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Category: Bitcoin
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BTC whales accumulate 2814 Bitcoins worth $157.3 million
Bitcoin’s trading volume soared by 37.72% as prices hiked by 1.48% in 24 hours. Three whales accumulated 2814 BTC worth $157.3 million. Over the last months, the crypto market has experienced extreme...
Binance releases 22nd proof of reserves: Bitcoin and Ethereum holdings down from last time
Crypto exchange Binance has released its 22nd proof of reserves. The snapshot of the crypto balance mentioned in the report was taken on September 1. According to the details of the report, Binance us...
Bitcoin Dominance Strengthens In Key Zone, What Does This Mean For Altcoins?
Positive sentiment around Bitcoin, the largest cryptocurrency asset, is increasing significantly in the space as the coin is seeing a wave of bullish predictions from several market experts and enthus...
Bitcoin funds register $643 million in outflows amid record weekly drawdown
Key Takeaways Digital asset investment products saw $726m in outflows, matching the March 2024 record. US-based products experienced the largest outflows at $721m, while European sentiment remained po...
Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target
Este artículo también está disponible en español. Crypto analyst Daan Crypto has highlighted a Bitcoin Rainbow Chart, which has provided insights into the crypto’s current price action. The analyst al...
A 50 Basis Points Fed Rate Cut Could Raise Alarm for Bitcoin (BTC), Crypto Research Firm Warns
Rate moves are expressed in “basis points (bps),” equal to 1/100 of a percentage point and central banks, including the Fed, typically opt for 25 basis point interest rate changes. However, more signi...
Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki
Monochrome Asset Management announced its Monochrome Bitcoin ETF (IBTC) will implement proof-of-reserves verification through a new partnership with Hoseki. This makes IBTC the first Australian spot B...
Bitcoin Faces Major Outflows, Solana Gains
Bitcoin and altcoins face significant selling pressure, as CoinShares’ latest report reveals a substantial $726 million outflow from crypto investment products last week. This marks the highest outflo...
Russia Mines 54,000 BTC, Legalizes Mining
According to reports, Russia’s Bitcoin mining in 2023 brought 54,000 new Bitcoin (BTC) into circulation, generating a tax revenue of $556 million for the government. The country is expected to make a...
Binance Released Its New Reserve Report! Which Altcoins Are Available? Here’s the Amount of Bitcoin (BTC) and Altcoins in Hand!
Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this contex...
Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups
According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be diverting funds away from crypto startups. The director suggested that the dimi...
Japanese Power Company Explores Bitcoin Mining to Utilize Excess Renewable Energy
TLDR: TEPCO subsidiary Agile Energy X is exploring Bitcoin mining using surplus renewable energy in Japan The project aims to prevent wasted energy from curtailment practices and promote more green en...
Bitcoin Could Reach $90K by Year-End Bernstein Says
Bernstein has made a bold prediction: Bitcoin could hit $90,000 by the end of the year if Donald Trump becomes president again. This forecast is based on potential changes in the market and economic c...
Whales Accumulate Bitcoin (BTC) Amid Market Decline: 2,814 BTC Purchased for $157 Million
Recent movements in the cryptocurrency market indicate that large investors, often referred to as “whales,” are taking advantage of price dips to accumulate Bitcoin (BTC). According to data from the o...
Bitcoin’s Bullish Consolidation Sparks Hope for Cardano Rally
Events of the next few days will influence crypto prices. ADA is timely primed for a bullish run. Historical data from the ADA/BTC chart reveals a notable trend cycle. Crypto analyst Dan Gambardello s...
Crypto Price Analysis 9-9 BTC, ETH, SOL, TON, DOT, WIF, TIA
The crypto markets slipped into extreme fear over the weekend, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and several others losing...
World’s 4th Largest Power Company Looks into Bitcoin Mining Through Subsidiary
Agile Energy X – a company incorporated in Tokyo, Japan, and a subsidiary of the Tokyo Electric Power Company (TEPCO), is reportedly tapping into Bitcoin mining. According to recent coverage, the firm...
Solana bulls gear up for a rally as Bitcoin slips – What now?
SOL bulls prepare for another run as bears run out of steam. Bitcoin dominance slides, paving the way for altcoin season hopes, but can SOL capitalize? Solana [SOL] has been one of the top performing ...
Market share by production of public Bitcoin miners hits new high
Quick Take According to The Miner Mag data, the market share of Bitcoin production by 16 public companies has reached nearly 23%. These companies produced 3,226 BTC in August, similar to the productio...
Bernstein analysts predict Bitcoin surge to $90k if Trump wins
Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage and research firm Bernstein predict. Analysts at the brokerage shared...
Can Bitcoin Price Reclaim the Ground Amid This Bear Grip?
Bitcoin price enters $54.8K after a brief gain of 0.62% in the last 24 hours. Some crypto analysts anticipate the occurrence of BTC’s historical post-halving rallies. The September Effect plays a vita...
Whales are Making the Most of the Ongoing BTC Dip
A total of three whales have reportedly accumulated almost 2,814 Bitcoin tokens since September 1, 2024. This translates to a total cost of $157.3 million, with an average cost of approximately $55,88...
Is Bitcoin ($BTC) finding the bottom?
Macro indicators are suggesting that Bitcoin ($BTC) is either close to, or has found the bottom for this long correction, as it approaches six months of sideways and downwards price action. A game of...
Bitcoin Faces New Threats in 2024: Insights from Recent Market Trends and Developments
The cryptocurrency landscape is constantly evolving, presenting investors with unique challenges and opportunities. Recent trends indicate a significant shift in how cryptocurrencies are perceived and...
BTC’s Recovery Continues With a Rise Above $55K, TON Shoots Up 7% Daily (Market Watch)
Bitcoin continues to reclaim some ground and has jumped above $55,000 for the first time since the Friday crash today. The altcoins are also slightly in the green, with ETH standing above $2,300 and B...
Bitcoin dominance slips to 53%: Time to bet on altcoins?
Bitcoin dominance fell under the support of an ascending triangle pattern. BTC’s price successfully tested a crucial support level in the last few days. Bitcoin [BTC] has been facing setbacks for se...
Fears of Recession Abound, Why This Bitcoin Price Recovery Could Be A Bull Trap
The recent crypto recovery market comes amidst growing fears of a recession in the United States and a struggling Bitcoin price, fueled by a series of concerning economic indicators. Last week’s disa...
Russia’s 2023 Bitcoin (BTC) Production Reaches 54,000 Coins, Generating 50 Billion Rubles in Tax Revenue
Russia’s engagement with Bitcoin mining has become increasingly prominent in 2023, with significant production activities reported. The Russian news agency has revealed that a total of 54,000 Bitcoin ...
Japan's Largest Power Company TEPCO is Mining Bitcoin Using Renewables
Tokyo Electric Power Company (TEPCO), Japan’s largest electricity provider, has begun mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be w...
Bitcoin Step from Japanese Energy Giant! “Very Few Similar Things!”
Agile Energy X, a subsidiary of Tokyo Electric Power Company (Tepco), has made moves to mine Bitcoin using wasted renewable energy. According to local news agency Asahi Shimbun, Agile Energy X Preside...
Bitcoin Whales Accelerate $BTC Accumulation Amid Market Downturn
In line with the latest statistics, Bitcoin ($BTC) whales are again executing big moves. Lookonchain, a popular on-chain analytics company, has disclosed that the whales are currently amassing $BTC in...