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Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber
28.8.2023
In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million —...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Key Week of US Economic Announcements
28.8.2023
Bitcoin hovered below $26,000 on Monday, as traders awaited a big week of economic announcements in the United States. The consumer confidence report will be released on Tuesday, with gross domestic product and nonfarm payrolls coming in the upcoming days. Ethereum was largely unchanged today....
Robinhood Revealed to be Third-Largest Bitcoin Holder With $3B in BTC
28.8.2023
Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period
Bitcoin Price Prediction as $5 Billion Trading Volume Sends BTC Back in the Green – Time to Buy?
28.8.2023
In the intricate realm of cryptocurrency, Bitcoin stands at the forefront of strategic discussions, underscored by its formidable $5 billion trading volume that has adroitly positioned the asset back in the positive domain.
Despite this momentum, the asset's current valuation hovers at $26,011...
September 'crash' to $22K? — 5 things to know in Bitcoin this week
28.8.2023
BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come
Bitcoin revenue per terahash nears record lows as hashrate soars
28.8.2023
As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability
Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value
27.8.2023
Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based...
Analysis Says 2024 Halving Could Push Bitcoin to $400K, BRICS Declares Importance of Local Currencies in Trade — Week in Review
27.8.2023
This week’s hottest stories detail a potential skyrocketing of bitcoin’s price to $400,000, connected with the upcoming 2024 halving event, emphasis on trade in local currencies made at the conclusion of the recent BRICS summit in South Africa, and claims of 260% faster hash detection...
Bitcoin Price Prediction as Bulls Push BTC Past $26,000 – Time to Buy?
27.8.2023
In recent developments, Bitcoin bulls have propelled the cryptocurrency past the $26,000 threshold, inciting debates about whether now is the opportune moment to invest.
Although Bitcoin traded at $26,000 on Sunday, marking a slight dip of over 0.50%, broader economic concerns loom in...
Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26
26.8.2023
Sam Bankman-Fried faces challenges in jail, Tornado Cash’s developer is arrested, and a Bitcoin whale holding $3 billion is identified
DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K
26.8.2023
In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to an unrelated scammer, falling prey to a notorious...
Bitcoin, Ethereum Technical Analysis: BTC Largely Unchanged, Despite Fed Chair Powell’s Inflation Warning
26.8.2023
Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards. Ethereum moved back towards a recent support point....
Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout
26.8.2023
Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago?
Bitcoin Price Prediction as $10 Billion Sends BTC Up 1% – Are Whales Buying?
26.8.2023
As Bitcoin sees a 1% surge, speculations arise regarding the potential involvement of whales, given a massive $10 billion injection into BTC.
This uptick in investment interest is set against an intriguing financial backdrop. Jerome Powell recently intimated that to curb inflation effectively...
Bitcoin Price Prediction as Crypto Billionaire Arthur Hayes Says BTC Will Benefit From Fed's 'Fiat Toilet Paper' Printing – Time to Buy?
26.8.2023
BitMEX co-founder, Arthur Hayes, projects an optimistic outlook for Bitcoin, especially in light of the Federal Reserve's current monetary policies.
He critiques the Fed's efforts to control inflation, emphasizing that assets like Bitcoin, which possess a finite supply, are set...
Bitcoin Mining Difficulty Hits New All-Time High of 55.64 Trillion Hashes – Why This is Bullish for the BTC Price
26.8.2023
The Bitcoin mining difficulty, a measure of how difficult it is to mine a block, just hit a new all-time high at 55.62 trillion hashes, as per CoinWarz.
The Bitcoin mining difficulty is automatically adjusted by the protocol once every two weeks, or once 2,016 blocks have been mined, with these...
Price analysis 8/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, TON
25.8.2023
Bitcoin and altcoins lose more ground after comments from the Federal Reserve suggest that the regime of interest rate hikes could continue into 2024
HashKey To Offer BTC and Ether Retail Services In Hong Kong As The Battle For Asian Market Intensifies
25.8.2023
Asian digital asset exchange HaskKey will now offer Bitcoin (BTC) and Ethereum (ETH) crypto trading to its retail clientele in Hong Kong.
The exchange obtained a regulatory clearance to offer virtual asset trading services in the jurisdiction becoming the first exchange to have its previous...
Fed Chair Powell Leaves Door to Further Rate Hikes Open – Here is How Crypto Markets Reacted
25.8.2023
Speaking at an annual conference of central bankers at Jackson Hole, the Chairman of the US Federal Reserve Jerome Powell left the door open to the possibility of further interest rate hikes in the US, triggering some short-lived sell pressure in the crypto market.
Bitcoin (BTC) fell to new daily...
Tracing the Origins of Bitcoin's Newest $3.1 Billion Wallet
25.8.2023
A new Bitcoin holder has recently entered the spotlight, accumulating 118,300 Bitcoin valued at approximately $3.1 billion based on current market evaluations. Data provided by BitInfoCharts reveals this undisclosed BTC wallet now ranks as the third-largest holder of Bitcoin. It follows closely...