Bitcoin Miners Are Selling Again: CryptoQuant
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling…
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These Are This Week’s Biggest Gainers and Losers as Bitcoin (BTC) Calms at $66K (Weekend Watch)
Bitcoin’s price actions have calmed during the weekend, as it has happened quite frequently lately, and the asset remains still at just over $66,000. The weekly scale is quite painful…
MicroStrategy Ups its Bitcoin-Centered Convertible Note Offering to $700 Million
Just a day after announcing a $500 million convertible senior note offering to purchase more BTC, among other goals, Michael Saylor’s brainchild increased its target to $700 million. The company’s…
Crypto Investments Hit $1 Billion in May With Ethereum Dominating: KuCoin
KuCoin exchange’s research arm released a report on cryptocurrency performance in May, noting $1 billion in new investments – a slight decrease from April. The report highlighted that institutional investors…
Crypto Deposits to Chinese Drug Producers’ Addresses Double in Early 2024 Compared to 2023
Blockchain intelligence firm TRM Labs has revealed that cryptocurrency deposits into crypto addresses linked to Chinese drug precursor manufacturers more than doubled in the first four months of 2024 compared…
First Time Ever: Fidelity’s FBTC Beats Grayscale’s GBTC in This Negative Trend
Ever since mid-January, when the 11 spot Bitcoin ETFs saw the light of day, Grayscale’s converted GBTC has been at the forefront of outflows. This eventually resulted in losing its…
Bernstein Turns Ultra Bullish on Bitcoin: Ups Target to $200K By 2025-End
Bitcoin may have struggled to reclaim its position above the recently established all-time high of over $73,000, but prominent brokerage firm Bernstein remains optimistic about the asset’s future trajectory. In…
Over $200 Million in Liquidations as Bitcoin (BTC) Price Dropped to Monthly Lows (Weekend Watch)
Bitcoin’s price movements for the past few days have been quite painful as the asset slumped to $65,000 yesterday for the first time in about a month. Despite recovering from…
Good News for Ethereum (ETH) ETFs in the US, But With a Catch: Bloomberg’s Balchunas
After the US Securities and Exchange Commission made history earlier this year by approving almost a dozen spot Bitcoin ETFs, all eyes in the community turned to the next digital…
Ethereum Demand Surges With Permanent Holders Buying 298K ETH in One Day
Ethereum has continued to face challenges staying above the $4,000 mark, mirroring the lack of momentum in the broader market. While the investors await for a rally, data suggest a…
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