Dormant Bitcoin Wallet Awakes After 6 Years, Moves 2.9K BTC Worth $82M

A Bitcoin (BTC) wallet address that has been dormant for approximately six years recently awoke, transferring 2.9K+ BTC tokens valued at $82 million to different addresses. According to on-chain data,...

Is Bitcoin a Financial Alternative?

Digital transactions are steadily eclipsing cash exchanges, and PayPal has emerged as a behemoth, facilitating seamless international transactions. However, not all regions bask in the ease provided b...

Bitcoin Price Analysis: Bearish Failure at 27724 Again – 11 October 2023

Bitcoin Price Analysis:  Bearish Failure at 27724 Again – 11 October 2023 Bitcoin (BTC/USD) retained a negative bias early in the Asian session as the pair reversed course after trading as high as the...

Is Bitcoin’s short-term realized cap showing signs of resistance?

BTC’s realized capitalization for newly acquired coins continued to face resistance at 8%. The coin’s value has risen by almost 10% in the last month. The realized capitalization of short-term Bitcoin...

Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger

The Canadian Bitcoin (BTC) mining company Hut 8 continues to accumulate self-mined BTC amid the ongoing merger deal with the industrial cryptocurrency miner, US Bitcoin (USBTC). Hut 8 mined 111 Bitcoi...

Bitcoin’s hash rate surges as 2024 halving draws near

Quick Take Bitcoin’s hash rate, an essential indicator of network health and security, is in a robust upward trajectory, comfortably exceeding the 400 exahashes per second (eh/s) mark on a 30-day movi...

This Is Bitcoin’s First Line of Support if the Bears Prevail (BTC Price Analysis)

Bitcoin’s price has been consolidating below the $28K level over the last few days, failing to continue its momentum toward the $30K resistance level. The price is currently testing a key area and sho...

Bitcoin Coinbase Premium Back To Neutral, Buying Exhausted?

Data shows the Bitcoin Coinbase Premium Index has declined towards neutral values recently, implying buying pressure may be running out. Bitcoin Coinbase Premium Index Has Gone Down Recently An analys...

Bitcoin’s weekly hidden bullish divergence is starting to play out ⋆ ZyCrypto

Advertisement &nbsp &nbsp As October kicks off, crypto market players have begun to outline their observations and predictions for the new month. Bitcoin proponents are especially active in th...

Hut 8 Mining Boost BTC Reserves Amid USBTC Merger Deal

Canadian Bitcoin mining entity Hut 8 has maintained a steadfast approach towards its Bitcoin (BTC) accumulation, even amidst the unfolding chapters of its merger with US Bitcoin (USBTC). In its Octobe...

Billionaire Paul Tudor Jones picks Bitcoin over stocks

Paul Tudor Jones expects a recession in the first quarter of 2024. He also expects the Israel-Palestine war to make stocks less attractive. Bitcoin has a history of doing well in the midst of politica...

Bitcoin (BTC) Dips Below $28,000: Here’s What to Know

Tomiwabold Olajide Bitcoin and rest of crypto market are losing ground in early Monday trading Bitcoin recovered above the much-coveted $28,000 level on Oct. 6, reaching highs of $28,288. In the days ...

Hut 8 surpasses 9.3k bitcoin reserves in self-mining milestone

North American digital asset miner Hut 8 revealed that it mined 111 Bitcoin in September, or an average production rate of approximately 3.7 Bitcoin a day. This brings the total of self-mined BTC rese...

Billionaire investor Dalio warns of central bank losses – Bitcoin anyone?

Table of Contents Ray Dalio, the retired founder of Bridgewater Associates, says that stocks are expensive and that central banks have made big losses. Bitcoin remains strong. Dalio spells out the awf...

Bitcoin Post-Halving Rally Delayed As IMF Warns Inflation In 2024

Investors are anticipating a massive rally in BTC price to a new all-time high (ATH) after the much-awaited Bitcoin halving in mid-2024. Historical data indicates that BTC price typically starts movin...

Bitcoin Price (BTC) Flat as U.S. Stocks Advance, While Dollar Drops on Dovish Signal

“Despite the recent global turmoil, bitcoin has demonstrated exceptional strength, securing its position as the top-performing asset over the past 30 days relative to the US Dollar,” Joel Kruger, mark...

Bitcoin Whale Abruptly Moves 3,000 BTC Worth Over $83,000,000 After Six Years of Dormancy: On-Chain Data

A mysterious Bitcoin whale has suddenly moved 3,000 BTC worth over $80 million after sitting quietly on their coins since 2017. Data from blockchain tracking firm Arkham Intelligence shows the whale b...

Top Analyst Predicts Potential Correction in Bitcoin (BTC) Price

Renowned market analyst Ali Martinez has predicted a potential 5% correction in the price of Bitcoin (BTC). Ali made this forecast in his recent analysis. He posted a chart showing the BTC/USD pair in...

The influx of 14,924 Bitcoin on Kraken deserves special attention ⋆ ZyCrypto

Advertisement &nbsp &nbsp According to data from CryptoQuant, a leading on-chain metrics platform, Kraken has recorded a staggering inflow of BTC. The new development could be a positive signa...

Why This Is Bullish For Bitcoin

Tether (USDT) has continued to move into exchanges recently. Here’s why this can be a positive development for Bitcoin. Tether Supply On Exchanges Is Now Highest In 7 Months According to data from the...

Comparing Previous Halving Cycles, the Analyst Pointed to “November 21” for the Rise in Bitcoin!

Although the leading cryptocurrency Bitcoin tried to exceed $ 28,000 over the weekend, it failed. At this point, BTC, which continues its horizontal movements at the level of $ 27,000, is trying to ma...

Whale Moves 5,000 BTC From 3-Year-Old Wallet

A Bitcoin whale, dormant since 2020, reawakened to move 5,000 BTC from wallet address 1LH1dy. The funds were moved to two new addresses, according to on-chain data provider Arkham Intelligence. The wh...

Cramer Issues Major Bitcoin Price Warning

Alex Dovbnya CNBC’s Jim Cramer’s recent bearish stance on Bitcoin starkly contrasts with billionaire investor Paul Tudor Jones’s unwavering confidence in the cryptocurrency Prominent...

a fresh perspective on Bitcoin’s valuation

At only 14 years old, Bitcoin’s novelty and volatility make it difficult to price day-to-day. However, as it matures into a new asset class, Bitcoin has become the subject of refined pricing and valua...

Bitcoin Price Will Flip Bullish In November As It Mirrors Past Cycle

Bitcoin analysts eagerly scrutinize the charts as November approaches, hoping to gain insights from past cycles. Historically, November has always been significant for the cryptocurrency market, as BT...

How Will Bitcoin (BTC) Price Respond to Middle East Crisis?

Bitcoin BTC) price wobbled below $28,000 on Monday as global markets began reacting to the Middle East tensions. On-chain data examines the conflicting signals surrounding Bitcoin’s safe haven credent...

Crypto news: Bitcoin and the BitVM whitepaper

The latest crypto news talks about the possibility of smart contracts on bitcoin finally being introduced after ZeroSync’s Robin Linus presented a whitepaper entitled ‘BitVM: Compute Anything on Bitco...

Why Central Bank Digital Currencies Can't Compete with Bitcoin

The emergence of Central Bank Digital Currencies (CBDCs) has ignited widespread interest, sparking enthusiasm among central bankers, generating curiosity within financial media, and fueling spirited d...

Bitcoin Exchange Binance Introduced its 38th Project on the Launchpool Platform!

Binance, the leading global cryptocurrency exchange, introduced Neutron (NTRN), its 38th project on the Binance Launchpool. Binance also listed NTRN today. Binance Launchpool Introduces Neutron (NTRN)...

Legendary Investor Paul Tudor Jones Says ‘I Like Bitcoin and Gold’, Warns of Imminent US Recession

Hedge fund billionaire Paul Tudor Jones says he’s eyeing Bitcoin (BTC) and gold as geopolitical conflicts and the likelihood of a recession increase. In a new CNBC interview, the legendary investor sa...

Hut 8 Bitcoin Mining Increased 8% In September

Key Points: Hut 8 added 111 BTC to its reserves in September, reaching a total of 9,366 BTC. Hut 8 Bitcoin mining output increased by 8% in September compared to the previous month. Shareholders appro...

Geopolitical Uncertainty Puts Bitcoin under Pressure, $100M in Liquidations

Despite the selling pressure, Bitcoin has outperformed the broader crypto market with its market share crossing over 50%. Bitcoin and the broader cryptocurrency market have come under selling pressure...