Tag: Bitcoin
Bitcoin Whale Population Reaches Peak Levels in January 2021
The recent surge in the number of Bitcoin whales, or large holders with at least 1,000 BTC, has sparked optimism for a potential rally to new all-time highs. Data from Glassnode and Bitwise's director...
Support for Bitcoin Self-Custody: Saylor Defends Amid Backlash
Bitcoin advocate Michael Saylor is standing by his belief that the Bitcoin ecosystem should be open to all types of custodial options, including self-custody. Saylor faced criticism from some members of the cryptocurrency community...
Bitcoin Price Prediction: Is $100K in Sight? Analysis and Forecast
Bitcoin has been making headlines recently as its price continues to surge, nearing the $70K mark. With market sentiment shifting, key economic events on the horizon, and the U.S. presidential election looming, many are...
Bitcoin Price Surges to Nearly $70K with Record Open Interest as Trump-Harris Election Approaches
Bitcoin's price surged to nearly $70,000 with record open interest as the U.S. presidential election approaches. The price of Bitcoin rose by 1.5% in 24 hours, indicating significant increases in futures open interest. This...
Bitcoin Price Approaches $70K, Receives Bullish Signal
A key indicator for Bitcoin has just turned bullish for the first time since April, signaling a potential move towards the $70,000 mark. The moving average convergence divergence (MACD) histogram, which measures trend strength...
NFT Sales Soar to $93m as Ethereum Overtakes Bitcoin in Network Activity
The latest data shows that non-fungible token (NFT) sales volume has increased by 22.5% to reach $93 million, a significant jump from the previous week's $77.6 million. This surge in sales comes as the...
Bitcoin ETF Options Listed on NYSE and CBOE after SEC Approval
The U.S. Securities and Exchange Commission has recently granted “accelerated approval” for listing Bitcoin options exchange-traded funds on the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE). This decision opens...
Bitcoin’s Overlooked Catalyst Signals Impending Record-Breaking Change
Bitcoin has been making headlines recently, but it has yet to reach its all-time high. While gold and the S&P 500 have hit new records, Bitcoin is still trading below its peak from seven...
Asia’s Elite Predict Bitcoin to Hit $100K by Year-End
A significant number of Asia-based private wealth managers are making their way into the cryptocurrency market, with some predicting that bitcoin (BTC) will reach $100,000 by the end of the year. This information comes...
Coinbase Ensures Bitcoin Liquidity Unaffected by SEC Lawsuit: Here’s Why
Coinbase and Cumberland are assuring customers that the recent SEC lawsuit against Cumberland has not affected Bitcoin liquidity on the platform. Reports of a decline in BTC market depth were downplayed by both companies,...
