Bitcoin
$2 Billion Token Unlocks: Will It Lead to a Longer Bear Market?
A prominent crypto analytics platform, 10x Research, recently warned against an impending bear market driven by the $2 billion token unlocks in the upcoming days. The platform asserted that the...
Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow
The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that...
Global Crypto Volumes Tank by 44% to $6.58T First Time in 7 Months
In April, the crypto market saw its trading volume dip for the first time in seven months. CCData, a digital assets data firm, reported that the combined volume across spot...
Bitcoin Bullish Signals Ahead As Analyst Deciphers Market Resilience
Daan Crypto Trades, a full-time crypto trader and investor, offers a pragmatic perspective on Bitcoin’s recent price fluctuations. Despite market euphoria and apprehension, Daan Crypto emphasizes the importance of patience...
Susquehanna International Group Invests $1.3 Billion in Bitcoin ETFs
In a recent development, Susquehanna International Group, a global quantitative trading firm, revealed that the firm holds about $1.3 billion in investments in 10 Spot Bitcoin Exchange Traded Funds (ETFs)...
Crypto Alert: Dormant Wallet Activates With Transfers $44 Million in Bitcoin: What’s Next?
Bitcoin soared above the $64,000 threshold today, setting a momentous achievement in its current run-up.The resurgence in Bitcoin’s price was accompanied by a noteworthy event – the activation of a...
South Korea Excludes Cryptocurrencies from Donation Legislation Update
South Korea has decided to exclude cryptocurrencies from its amended donation legislation, a move that could impact the country’s charities and donation drives. The Ministry of Public Administration announced that...
Solv Protocol Partners With Babylon to Bridge Native Restaking Yields on SolvBTC
Foremost Chinese blockchain and crypto reporter Colin Wu has highlighted the impressive growth of SolvBTC, a Bitcoin-based cryptocurrency protocol. In a recent post on X, Wu described SolvBTC as a...
Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K
In a financial maneuver, a Bitcoin wallet that had lain dormant for over a decade abruptly initiated a complete transfer of its holdings. The transaction, involving 687.33 Bitcoin (BTC), which...
Bitcoin Hits 1 Billion Transaction Milestone 10 Years Faster Than Visa
The premier crypto blockchain network, Bitcoin (BTC), has processed its one-billionth transaction. According to Clark Moody’s Bitcoin data, this milestone was reached on Sunday, May 5. The event comes when...
BTC, ETH Price Analysis: Top Two Target Small Movements
After experiencing a severe downside for most of the week, Bitcoin (BTC) and Ethereum (ETH) prices recovered in the last 24 hours. At press time, BTC, which had initially slipped...
Stablecoin Surge as Ethereum and Bitcoin Hold Steady: Modest Growth or Potential Breakout?
The cryptocurrency market has seen significant shifts in the past six months, with notable growth in the number of non-empty wallets across various top market caps. As per Santiment, a...
ZKSNACKS Coinjoin Coordination Service Will Stop Functioning From June 1
ZKSNACKS, the company pioneering the development of the Wasabi wallet, has announced it is shutting down its Coinjoin coordination service from June 1, 2024. In a recent report, the company...
Block Commits 10% of Bitcoin Gross Profit to Monthly BTC Purchases
In a move signaling strong confidence in Bitcoin and a commitment to its adoption, Jack Dorsey, co-founder of Twitter and CEO of Block, Inc., announced that Block will allocate 10%...
MicroStrategy CEO Hails Bitcoin as the Best Crypto Asset with No Opponents
Michael Saylor, the Executive Chairman of MicroStrategy, the largest public holder of Bitcoin, spotted Bitcoin as the best crypto asset ever, with no other second-best asset. In a keynote address...
Bitcoin Trader Insists The Bull Market is Not Over Despite Recent Pullbacks
A famous Bitcoin trader identified as Titan of Crypto on X has stated that the bull market is not over. In a recent post, the renowned trader used data from...
Tether Sets New Record With $4.52 Billion Net Profit in Q1 2024
Tether, the world’s leading stablecoin issuer, has reported a record-breaking return for Q1 2024. In a recently published Q1 2024 attestation report, the firm noted that its net profit hit...
MicroStrategy Announces the Launch of MicroStrategy Orange: Report
MicroStrategy, the largest corporate holder of Bitcoin (BTC), has recently announced the launch of MicroStrategy Orange, a decentralized identity solution using the Bitcoin blockchain. The platform introduced MicroStrategy Orange during...
Bitcoin’s Price Swings: Here is Why BTC Market is Highly Volatile
Bitcoin still astounds the financial area with its thrilling price alterations. From its early ages of few cents even per coin to today’s highs reaching more than $74,000, Bitcoin’s journey...
Bitcoin Sees Third Consecutive Daily Decline Amid Potential Bullish Reversal
Bitcoin’s value dropped for a third consecutive day on Wednesday, marking its worst monthly performance since late 2022. The cryptocurrency’s decline comes as investors brace for an upcoming Federal Reserve...
$479M Lost as Over 140K Traders Face Liquidation Nightmare
After the overly bearish April, the crypto market is again starting the new month of May on a red note, with crypto traders languishing in staggering capital losses. Data from...
Bitcoin Below $57K, Crypto Market Cap Drops 7% as Fed Decision Looms
Bitcoin (BTC) slipped below $57,000 in the early hours of Wednesday to its lowest point since late February, marking its worst monthly performance since November 2022. According to Coinmarketcap (CMC)...
Michael Saylor’s Bitcoin-Leveraged Strategy Transforming $1 Income to $400M Profit
Reports assert that MicroStrategy’s executive chairman and co-founder, Michael Saylor, has devised a brilliant financial scheme that involves leveraging Bitcoin investments to transform a $1 income into a whopping $400...
Bitcoin Market Sees Sell-Off Before FOMC Meeting
The Bitcoin market experienced a wave of selling pressure yesterday, with Bitcoin ETF outflows reaching a weekly high of $162 million. This comes just a day before the highly anticipated...
Bitcoin Jesus Busted: Early Investor Faces $48M Tax Fraud Charges
On April 30, 2024 the federal grand jury indicted Roger Ver, an early investor in Bitcoin and known as “Bitcoin Jesus,” on charges of mail fraud and tax evasion Ver...
