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$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements
14.8.2024
Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity came from 17 distinct wallets, all originating in 2017, making this the largest movement of previously idle bitcoin from...
Norwegian Sovereign Wealth Fund Holds Btc Worth Us$149.48 Million
14.8.2024
The Norwegian sovereign wealth fund holds BTC which is nearly worth US$149.48 Million. Norwegian sovereign wealth fund’s (NBIM)…
Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025
14.8.2024
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high
Bitcoin’s bull rally will continue another 350 days: Bybit
14.8.2024
Bitcoin's 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up
First Mover Americas: BTC Tops $61K, But Traders Remain Cautious
14.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Police Warn of Bitcoin Scammers Posing as Bank Representatives
14.8.2024
The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised. They then instruct victims to withdraw funds from...
45% of Bitcoin supply has not moved in 6 months — Research
14.8.2024
A healthy portion of Bitcoin hodlers refuse to let go of their coins no matter what BTC price action delivers
Bitcoin Scam Targets US County Residents With Fake Warrants
14.8.2024
A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant division” and include misleading subject lines...
Bitcoin Crosses $61K as Traders Remain Cautious Ahead of U.S. CPI, Further Unwinding of Yen Carry Trade
14.8.2024
BTC beats the CoinDesk 20 during the Asia trading hours, while traders remain bullish on TON because of its GameFi integration
Goldman Sachs Holds Over $400M in Bitcoin ETFs
14.8.2024
Investment banker says it owns over $400 million in bitcoin ETFs, according to a recently filed 13F
Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days
14.8.2024
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
14.8.2024
Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local...
Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M
14.8.2024
Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth...
US Bitcoin ETFs ‘on track’ to top Satoshi’s BTC stack soon
14.8.2024
United States Bitcoin ETFs have added around 37,510 BTC to their holdings each month on average and could soon surpass Satoshi Nakamoto's estimated stash.
Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals
14.8.2024
The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that...
3 reasons why Bitcoin traders expect $100K+ BTC price by 2025
13.8.2024
If Bitcoin follows its standard post-halving trajectory, its price should be in the six-figure range by 2025
Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped Out
13.8.2024
On Tuesday, bitcoin’s price climbed to $61,600 after dipping below the $60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day gains to 6.9%. Crypto Chaos: Bitcoin Soars, Derivatives Traders Scramble After a brief...
Bitcoin Holds Steady at $59.4K; What’s the Next Outlook for BTC?
13.8.2024
The top cryptocurrencies have reclaimed their value and aim to eclipse new support levels. Bitcoin and Ethereum have…
Bitcoin buyers wait below $58K as Japan wipes out record stocks crash
13.8.2024
Bitcoin appears in no mood to celebrate despite Japanese stocks fully recovering from a historic drop
Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows
13.8.2024
U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC)...