Auto Added by WPeMatico

Current Bitcoin Rally Driven by Whales, No Big Short Positions Liquidated Yet: Analyst

Bitcoin’s price rallied to $60K today for the first time since April. The CEO of a well-known data analytics company revealed that the move has been driven largely by whales…

Continue ReadingCurrent Bitcoin Rally Driven by Whales, No Big Short Positions Liquidated Yet: Analyst

Bitcoin Touched $60K on Reports that SEC-Approved Futures ETF is Closer than Ever

Following reports that the SEC could greenlight a Bitcoin Futures ETF as early as next week, the price of the cryptocurrency skyrocketed to a six-month high above $60,000. Citing people…

Continue ReadingBitcoin Touched $60K on Reports that SEC-Approved Futures ETF is Closer than Ever

Third-Largest Bitcoin Whale Sold at $56K and Bought Back at $57K a Day Later

One of the largest Bitcoin whales, who has been quite active lately, sold 1,500 coins at $56,200 yesterday. Interestingly, they bought back a third of that quantity a day later…

Continue ReadingThird-Largest Bitcoin Whale Sold at $56K and Bought Back at $57K a Day Later

Billionaire Barry Sternlicht Bought Bitcoin and Ethereum for Inflation Protection

Despite saying that it is “crazily volatile,” the American billionaire Barry Sternlicht admitted he has personally invested in bitcoin. Apart from it, he also has some holdings of the second-largest…

Continue ReadingBillionaire Barry Sternlicht Bought Bitcoin and Ethereum for Inflation Protection