$3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet following 23 transfers. At the time of writing, the $3.6 billion in bitcoin remains idle and the trading platform Bitfinex says it “continues to work globally with law enforcement agencies” in regard to the matter. More…
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The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes. Wisdomtree to Launch Prime Wallet in Q2,…
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Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today. Bitcoin Bitcoin, which fell by as much as $16,000 last month, has recently started to regain some steam, climbing by over 11%…
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Bitcoin price settled above the USD 38,000 level and extended rally. BTC even climbed above the USD 38,800 level, but upsides were limited above USD 39,000. It is currently (11:56 UTC) consolidating and eyeing more gains above USD 38,500. Similarly, most major altcoins are trading in a positive zone. ETH spiked above USD 2,750,…
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Bitcoin price remained well bid above the USD 36,500 zone. As a result, BTC started a fresh increase and broke the USD 38,000 resistance. It is currently (04:16 UTC) trading above USD 38,600 and is eyeing an upside break above USD 38,800. Similarly, most major altcoins are showing positive signs. ETH gained pace for…
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Bitcoin price failed to continue higher and remained below USD 47,000. BTC is currently (04:53 UTC) consolidating above USD 46,000. If there is a downside break, the price could decline to USD 43,500. Similarly, most major altcoins are struggling to recover. ETH is facing resistance near the USD 3,850 level. XRP is now trading…
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Bitcoin price failed to clear the USD 47,500 resistance zone and started a fresh decline. BTC traded below the USD 46,200 support zone. It is currently (04:17 UTC) consolidating near USD 46,500 and facing resistance near USD 47,000. Similarly, most major altcoins are struggling to gain pace. ETH is facing resistance near the USD…
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Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode. Bitcoin markets have been consolidating since the beginning of the year, but on-chain metrics are painting a more positive picture as more of the asset is becoming illiquid. On-chain analytics provider Glassnode has been delving into Bitcoin supply…
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A mix of technical, macroeconomic and on-chain indicators point toward a price rally in the Ethereum market this quarter. Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a new…
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Bitcoin price found support near the USD 45,800 zone. BTC started a recovery wave above the USD 46,500 level and is currently (12:13 UTC) trading near USD 46,700. Similarly, most major altcoins are also facing key hurdles. ETH declined below USD 3,800, but the bulls are protecting USD 3,680. XRP was moving lower towards…
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