IntoTheBlock, an analytics firm, has announced that the percentage of Bitcoin holders who are still in profit dropped to about 75%. IntoTheBlock revealed that similar percentages of in-profit Bitcoin holding addresses were last experienced in January when Bitcoin’s price dropped to $39k.
Samara Asset Management CIO on DeFi’s steady rise
Samara Asset Management CIO Adil Abdulali discusses how traders continue to leverage decentralized finance amid high volatility …
Europe’s Fourth-Largest Hedge Fund Invests Nearly $500M in Bitcoin ETFs, According to Filing
Capula Management, ranked as Europe’s fourth-largest hedge fund, has significantly invested in Bitcoin exchange-traded funds (ETFs), channeling nearly $500 million into this digital asset class, as revealed in recent public filings dated August 5.
Is Bitcoin already triggering a rethinking of U.S. debt?
BlockFills Head of OTC Trading John Divine reflects on whether Bitcoin is already impacting a change in thinking around debt in the U.S.
Bitcoin Weathers Most Volatile Trading Day Since FTX Collapse: K33 Research
While a measure of Bitcoin’s volatility hit FTX-collapse levels on Monday, a decline in leveraged Bitcoin bets wasn’t as severe.
Bitcoin bulls predict new record highs following worst rout since FTX collapse
Bitcoin (BTC-USD) backers are doubling down on their predictions of new all-time highs for the world’s largest cryptocurrency after shaking off a rout that sent the digital asset tumbling as much as 20% between Sunday and Monday.
Bitcoin miner Core Scientific shares surges 17% after another contract with CoreWeave
Bitcoin miner Core Scientific excited investors after signing an additional contract worth $2 billion with CoreWeave. The miner’s shares surged 17% on Tuesday, leading other publicly listed crypto-oriented companies.
Bit Digital records 1.9% decrease in July bitcoin production; hash rate dips
Bit Digital’s (NASDAQ:BTBT) bitcoin (BTC-USD) production of 60.5 tokens in July slipped 1.9% from a month ago, the crypto miner said on Tuesday. As of July 31, 2024, the company’s active has rate …
Bitcoin Skeptic Peter Schiff Accidentally Makes a Pro-Bitcoin Argument
Diehard gold bug and perennial crypto skeptic Peter Schiff may have accidentally just admitted that Bitcoin has not one, but several real-world use cases. In a Tuesday tweet, the financial commentator argued that investing in Bitcoin exchange-traded funds (ETFs) defeats every reason for buying Bitcoin—of which there are several.
Bitcoin traders regain optimism as BTC price aims to reclaim $57K
Bitcoin rebounds toward $57,000, leading traders to say the current price range represents a prime allocation range.
Saylor says BTC strategic reserve is ‘Louisiana Purchase’ moment for US
Buying a “strategic reserve” of Bitcoin (BTC) would be another “Lousiana Purchase moment” for the United States, according to Michael Saylor, the outspoken co-founder of business intelligence company …
Bitcoin Rebounds After Plunge As Peter Schiff Warns Of ‘Crypto Graveyard’
Bitcoin experienced a steep drop, falling below $50,000. This sharp decline caused alarm among investors. Renowned economist Peter Schiff, a long-time critic of Bitcoin, warned on social media that Bitcoin holders were ignoring an impending crisis,
Bitcoin rises above USD56K amid market volatility
Bitcoin experienced a resurgence on Tuesday, briefly surpassing the USD56,000 mark after a period of significant losses due to a wave of risk aversion in global markets. The world’s largest cryptocurrency saw a 3.
How Bitcoin Can Protect Public Records With Simple Proof
In a world rife with disinformation, Rafael Cordón is working to uphold the integrity of election results and other important government documents.
Forget Bitcoin: 2 Cryptos I’ve Got My Eye On In the Second Half of 2024
Let’s start with Solana, which is up 62% thus far this year. That comes on the heels of a blockbuster 2023, when Solana was up more than 900% for the year. So it’s obvious that Solana has some pretty …
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn’t Buy the Dip
Bitcoin wallets holding between 1,000 and 10,000 BTC increased their holdings while prices slid over the past few days, while those owning less …
Bitcoin Rebounds 5% – 5 Best Crypto to Buy as the Market Bounces
Indeed, Bitcoin and the broader crypto market have soared as a result. Currently, Bitcoin is trading at $54K after testing lows of $48K yesterday. Per CoinMarketCap data, BTC is up 5% today but …
Bitcoin Crashes Amidst Major Sell-Offs: RCO Finance Shines Bright
Bitcoin’s value could drop as major holders sell. Protect your crypto portfolio with RCO Finance’s diverse options.
Bitcoin price today: BTC is trading at $55,264.43
This creates new blocks on the blockchain. Miners receive BTC payments for their work. Bitcoin became a proof-of-concept mechanism that led to thousands of imitators. Since its launch, thousands of …
BTC price chart shows Bitcoin can match $49.5K lows within days
Bitcoin (BTC) risks another trip below $50,000 after a giant daily candle wick spooks analysis. In his latest X coverage, popular trader CrypNuevo warned that recent BTC price volatility may end up in …
World’s largest Bitcoin miner increased BTC holdings by $124M in July
Marathon Digital increased its holding by 2,282 Bitcoin (BTC), worth over $124 million at the current valuation. This puts Marathon’s Bitcoin holdings at 20,818 BTC, worth over $1.14 billion, …