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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…

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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…

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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…

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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…

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Bitcoin Charted 5-Month High Above $58K: Polkadot (DOT) Skyrockets 20% on Parachain News

After yesterday’s price drop, bitcoin continued upwards and tapped a new five-month high above $58,500. The altcoins have also seen impressive gains, with Polkadot leading the pack. DOT has exploded…

Continue ReadingBitcoin Charted 5-Month High Above $58K: Polkadot (DOT) Skyrockets 20% on Parachain News

Ark Invest Doubles Down On Its Efforts To Offer a Bitcoin Futures ETF

Ark Invest, the asset management firm founded by cryptocurrency enthusiast Cathie Wood,wants to accelerate is crypto strategy and has now officially lent its name to an ETF tracking bitcoin futures.…

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Over 85% of Circulating Bitcoin Has Not Moved in Three Months or More: Analysis

The recent price surge from bitcoin has not deterred long-term holders from keeping their portions. Recent data from Glassnode informed that the percentage of BTC supply that has been held…

Continue ReadingOver 85% of Circulating Bitcoin Has Not Moved in Three Months or More: Analysis