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Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
10.7.2024
Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin...
Bitcoin traders' profit margins repeat 2022 bear market — New research
10.7.2024
Bitcoin is exhibiting classic bottoming-out territory when viewed through the lens of unrealized losses, CryptoQuant says
Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data
10.7.2024
Bitcoin is it a crucial stage in this market cycle as several factors signal continued downside whilst others indicate that BTC is set to bottom out
German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow
10.7.2024
Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July...
Mt. Gox repayment shakes crypto market, causing volatility
10.7.2024
Bitcoin faces immense volatility as Mt. Gox repayments flood the market
Crypto Investment Firm Hypersphere Unveils $130M Market Fund
10.7.2024
The Atlas fund aims to use Wall Street-style strategies to generate returns from investments in the crypto market
Whale transfers $50M in ETH amid ETF anticipation
10.7.2024
With the approval of the spot Ether ETF in the US approaching, attention turns to its potential impact on Ethereum’s trajectory in the coming weeks
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated
Asset Manager Digitalx Set to Launch Second Bitcoin ETF on Australia’s Main Stock Market
10.7.2024
On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s...
Peter Schiff Foresees ‘Explosive’ Growth in Silver Price
10.7.2024
Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other...
Dormant 2013 Bitcoin Wallet Springs to Life, Moving Millions Amid Bearish Market
10.7.2024
On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000. The wallet, created on Nov. 20, 2013, had remained inactive for over ten years and seven months. At that time, bitcoin was valued at $644 per coin, making...
Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
9.7.2024
The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said
Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B
9.7.2024
According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion. Half Billion Milestone...
Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?
9.7.2024
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
9.7.2024
According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet...
BTC price taps $58K as vital Bitcoin bull market trendline reemerges
9.7.2024
Bitcoin shrugs off the latest round of German government onchain transactions, but BTC price resistance trendlines stay out of reach
Why is Ether (ETH) price up today?
9.7.2024
Ether's rally today is primarily fueled by institutional investors buying during its early-July downtrend and renewed optimism from new Ethereum ETF filings
Crypto Rankings Shift Over Year: New Entrants and Price Surges
9.7.2024
Every few months, the rankings of the top ten crypto assets shift, and a year ago, the leading digital currencies were different from today. Some assets have moved to new positions, new entrants have emerged, and some have dropped out of the top ten. Yearly Crypto Market Update Reveals New Entrants...
Mpeppe (MPEPE) Shakes Up Meme Coin Market Attracting New Cryptocurrency Investors
9.7.2024
The meme coin market continues to capture the imagination of cryptocurrency enthusiasts worldwide, with two standout tokens at the center of attention: Mpeppe (MPEPE) and Bonk (BONK). Mpeppe (MPEPE) is making significant waves with its innovative approach, while Bonk (BONK) is striving to achieve...
German gov’t prepares for next $276M BTC sell-off
9.7.2024
The German government moved 3,100 BTC worth $178 million in one hour, with more sell-offs likely imminent