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Number of Bitcoin Whales Hits 2 Year High as Accumulation Accelerates


The number of Bitcoin (BTC) whales with at least BTC 1,000 (USD 6.9 million) in their wallets has reached its highest point in more than 2 years, or almost 1,850 entities, according to a new research. Also, the number of whales active in the market during an “accumulation phase” has not been this...

April Loves Bitcoin, But Watch for Capitulations and COVID-19 - Kraken


While April has historically been the second-best performing month for bitcoin (BTC), investors should watch for the possible miner and/or holdler capitulation and how the world is dealing with the COVID-19 pandemic-triggered economic crisis, according to analysts at major crypto exchange...

Bithumb Under Pressure to Delist Monero as Nth Room Ire Continues


South Korean market-leading crypto exchange Bithumb is coming under pressure to delist monero (XMR) cryptocurrency as public outrage over the Telegram Nth room sexual exploitation and rape video case continues to dominate headlines in the country. Per a report from Sisa Journal, the pressure is...

Bitcoin Cash Lost 66% Of Its Hashrate, Bitcoin SV Miners Leaving Too


Today, Bitcoin SV (BSV) halved its mining reward for the first time, cutting it to BSV 6.25 (USD 1,195) per block and prompting some miners to leave the network, while Bitcoin Cash (BCH), two days after its first halving, still can't stop its miners from leaving. BSV saw its hashrate, or...

Bitcoin Drops Below USD 7,000, Altcoins Follow


After multiple failures to clear the USD 7,400 resistance area, bitcoin price reacted to the downside. BTC/USD broke the USD 7,250 and USD 7,120 support levels to move into a short term bearish zone. BTC is down more than 5% (08:30 UTC) and it could continue to move down. Similarly, most major...

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