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Is BTC Eyeing Another Leg Down Following the Dip Below $22K? (Bitcoin Price Analysis)

Bitcoin has been experiencing what seems to be a prolonged bear market and is down more than 74% from its all-time high. Historically, the 200-week moving average has significantly supported…

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236K BTC Sold by Large Institutions Since Terra’s Implosion in May

In a recent Twitter thread, Arcane Research analyst Vetle Lunde revealed how many Bitcoin institutional investors had sold since Terra’s carnage kicked in, thus tanking the whole crypto market. In…

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Elon Musk Selling or Buying Bitcoin Doesn’t Mean Much, Says Binance CEO

Binance CEO CZ Zhao does not think anyone selling or buying Bitcoin can fundamentally impact the asset – even including Tesla CEO Elon Musk. To demonstrate his faith in the…

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After Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners

The American-based bitcoin miner – Compass Mining – intends to add 25,000 ASIC miners to its facility in Granbury, Texas. The deployment is scheduled for August as it will be…

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