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Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
7.9.2024
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode:...
Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data
6.9.2024
Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues to face challenges relative to bitcoin. Cryptoquant: Ethereum...
Bitcoin ETFs Drop $287M While Ether ETFs Shed $47M in Early September Trading
4.9.2024
On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million in outflows. Bitcoin and Ether ETFs Start the Week With Outflows Sept. 3 proved...
Bitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak
29.8.2024
On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot Bitcoin ETFs Face $105M Outflow, Ethereum ETFs Bounce Back The biggest hit among spot...
Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals
23.8.2024
Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt...
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
21.8.2024
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand...
Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
19.8.2024
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance...
Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels
12.8.2024
Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging...
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
10.8.2024
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum ETFs See Reductions Data from sosovalue.xyz revealed...
Russia legalizes Bitcoin and cryptocurrency mining
8.8.2024
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system
Russia legalizes Bitcoin and cryptocurrency mining
8.8.2024
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system
MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase
2.8.2024
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair value loss on digital assets. MARA Reports...
Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity
30.7.2024
The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp,...
MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings
25.7.2024
Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin...
Trump's RNC speech gave tech enthusiasts hope for the future
22.7.2024
Residents of Silicon Valley have been boarding the Trump train, and Trump's speech at the RNC illustrated some of the reasons
Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches
16.7.2024
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving...
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
8.7.2024
Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning, reminding innovators that they thrive when...
T-Rex Group Files for Leveraged ETFs Targeting Microstrategy’s Bitcoin-Heavy Portfolio
28.6.2024
T-Rex Group has filed for exchange-traded funds (ETFs) that aim to leverage the daily performance of Microstrategy Incorporated (MSTR). The proposed ETFs will take 2x long and 2x inverse positions in MSTR, magnifying its daily stock performance by 200%. T-Rex Group Files for Microstrategy ETFs...
Argentina aims to learn from El Salvador's Bitcoin success
27.5.2024
Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities
ZachXBT flags Lazarus-linked addresses worth $61M
21.5.2024
ZachXBT flagged seven wallet addresses with $61 million in Bitcoin connected to the Lazarus hacking group