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Ethereum Struggles at $3.3K; Can August Week 1 See $3.5K?


The market showed signs of a comeback after the Ethereum ETFs were approved by the SEC. Over the past weekend, the crypto market experienced a robust positive turnaround, causing top tokens to show notable uptrends in their portfolios. This surge hints at a potentially optimistic outlook for these...

US Government Transfers $2 Billion in Bitcoin to Unknown Wallet


According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held...

$1.1M Polymarket Bet on Bitcoin Price Striking $70K Reviewed


The price of Bitcoin has been on an upward trajectory for the last seven weeks. At present, Bitcoin is trading at different ranges in different crypto exchanges. One thing to note is that all the prices are heading towards $70,000. With that at play, there is a BTC price review on Polymarket: “What...

Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years


On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin...

Bitcoin Short-Term Holders See Relief as Prices Rebound, Glassnode Reports


Bitcoin prices have rebounded strongly, providing relief to short-term holders and leading to increased activity in perpetual futures markets, according to a report by onchain analytics firm Glassnode. The report highlights significant developments in market dynamics and the overall health of...

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