Elon Musk Reveals the Reason Why Tesla Sold 75% of Its Bitcoin
The electric vehicle giant Tesla sold $936 million of its bitcoin holdings in Q2 this year. However, the move was prompted not because the company does not believe in the…
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Third-Largest Bitcoin Whale Transfers All BTC Holdings to Coinbase
Third-largest Bitcoin whale has finally emptied its BTC holdings after demonstrating a long-term accumulation trend. As per BitInfoCharts, the whale bought a total of more than 207k BTC since 2019…
Bitcoin Slumped $1.5K as Tesla Sold Almost $1B in BTC (Market Watch)
After several days of heading north, bitcoin slipped by more than $1,000 after news broke that Tesla had sold the majority of its BTC holdings in Q2. The altcoins also…
Thai Crypto Exchange Zipmex Suspends Customer Withdrawals
The Thailand-based cryptocurrency platform – Zipmex – froze clients’ withdrawals citing volatile market conditions. It remains unknown when the company will restore the service. The latest firm in the cryptocurrency…
Bitcoin Holders in ‘Accumulation Mode’ Suggest Speedy Recovery: Glassnode
As Bitcoin spiked through the resistant level of $23,000 after dipping below $19,000 recently, many expected that the breakout signaled a short-term relief rally. Glassnode’s weekly report predicts that the…
Bitcoin is the Amazon of the Crypto Era, Says Former BlackRock Exec
Edward Dowd – former Managing Director at BlackRock – thinks that bitcoin will be a much more stable asset once the bear market is over. He described it as “the…
Bitcoin Explodes to $24K as Ethereum Consolidates Above $1,500 (Market Watch)
Although Bitcoin’s price was lagging over the past few days compared to Ethereum and some other altcoins, it caught up over the past 24 hours. BTC exploded by over 7.6%…
Marathon Nears its Bitcoin Hash Rate Target by Increasing its Mining Capacity
The data center of the bitcoin miner Marathon Digital – Applied Blockchain – secured around 254 megawatts of new hosting power for the company’s operations, and it could boost the…
Over $600 Million Liquidated as Bitcoin’s Price Soars Towards $23K
The crypto market continues its momentum this week, now soaring up towards $23,000 – a price point it hasn’t seen in over a month. The sudden surge has liquidated over…
BTC Skyrockets to $23K, Here’s the Next Target if Bulls Maintain Momentum (Bitcoin Price Analysis)
Bitcoin’s rapid downtrend has halted, as the price has been hovering above the $17K-$20K area over the past few weeks. After getting rejected three times from the $20K support zone,…
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