Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant Institutional Insights weekly crypto report, […]
Grayscale’s recently launched Bitcoin ETF, GBTC, is witnessing a gradual decline in outflows, as around $5 billion in digital assets are withdrawn from the fund. Despite the substantial outflows, market analysts express optimism that the […]
This week’s been quite the ride in the crypto markets, which currently stand at a total capitalization of around $1.68 trillion. That’s down some $50 billion throughout the past seven days, which have been particularly […]
Bitcoin market selling pressure is increasing, and miners are adding to it in what has been described as a ‘strategic move.’ According to analysts, savvy Bitcoin miners will likely continue to increase the sale of […]
What’s Causing the Bitcoin Downturn? Just as it seemed we were moving past the FTX debacle, the bankrupt crypto exchange had one more surprise in store for us. Over the past few weeks, FTX’s bankruptcy […]
The Grayscale Bitcoin Trust (GBTC) has recorded massive outflows since the United States Securities and Exchange Commission (SEC) approved its conversion and listing as a spot Bitcoin exchange-traded fund (ETF). This has led to a […]
Recently, the value of Bitcoin fell below $39,000 for the first time since December 3, 2023. This significant drop to below $39,000 is mainly due to the Grayscale Bitcoin Trust (GBTC) selling off its holdings. […]
ARK Invest CEO Cathie Wood recently expressed her views on Bitcoin, saying that it is one of the most important investments of our lifetimes. It is worth noting that, under Wood’s leadership, Ark Invest actively […]
The crypto landscape is bracing for a seismic shift with the upcoming 2024 Bitcoin halving, casting a shadow of uncertainty over mining enterprises such as Riot Platforms. Once valued at $3 billion, Riot now sits […]
The emergence of Bitcoin-based stablecoins could make 2024 a pivotal year for the leading digital network, according to analysts at European alternative asset management firm CoinShares. In its Outlook 2024 report, the firm explained that […]
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