Tag: BTC

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Bitcoin Consolidates While Ethereum and Altcoins Inch Higher

Bitcoin price declined below the USD 65,000 support level before there was a minor recovery. It is currently (04:20 UTC) trying to recover further and facing a major hurdle near USD 65,500. Besides, most major altcoins are moving higher. ETH is gaining momentum and it could even surge above USD 4,800. XRP is trading near…
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Bitcoin Whale Wallet With $150 Million Activated After 8 Years

A good portion of the bitcoin supply has been lost due to holders dying or forgetting their private keys. These coins will never be recovered and are regarded as lost bitcoins. They play into the scarcity factor that drives the value of bitcoin up. It is estimated that 20% of the digital asset has been…
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‘#DropGold worked’ — Grayscale ‘flippens’ world’s largest gold fund as AUM hits $60B

The cryptocurrency investment giant has also seen “massive” options volume as gold takes a fresh beating and institutions seek Bitcoin exposure. Bitcoin (BTC) and altcoin investment firm Grayscale now has more assets under management (AUM) than the world’s biggest gold fund. According to the latest data from issuer Grayscale, Grayscale now controls over $60 billion…
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Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally

Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs. Besides, most major altcoins are also trying to recover losses. ETH declined below USD 4,750 and it could…
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Bitcoin and Ethereum Correct, Altcoins Follow

Bitcoin price failed to stay above the USD 66,500 support level. BTC extended decline below the USD 65,500 support level and is currently (04:20 UTC) trading below USD 65,000. There is a risk of a move towards USD 63,200. Besides, most major altcoins are also moving lower. ETH started a downside correction below USD 4,650…
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While BTC Skyrocketed to $69K, Whale From 2013 Transfers $147 Million Worth of ‘Sleeping Bitcoins’

Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time price high at $69,000. 2013 Whale Transfers 2,207 Bitcoin Worth…
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Bitcoin and Ethereum Prepare For Next Move

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1,000 Bitcoin From 2010 Worth $68M — Mystery Whale Returns Moving a String of 20 Decade-Old BTC Block Rewards

154 days ago, a mystery bitcoin mining entity spent a string of 20 block rewards from 2010 that sat idle for well over a decade. Our newsdesk has been investigating this bitcoin whale’s actions since catching the entity in 2020. Now after the June 9th appearance, on November 10, the mystery whale returned once again…
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Apple’s CEO Owns Crypto – Tim Cook Thinks ‘It’s Reasonable to Own as Part of a Diversified Portfolio’

The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurrency and said that he thinks it’s reasonable to own it as part of a diversified portfolio.” Cook’s statements stemmed from an appearance with the New York Times Dealbook’s host Andrew Ross Sorkin. Apple CEO Tim Cook Tells the Press He Owns…
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As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching ‘$100K This Year’

On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the bitcoin price model called stock-to-flow (S2F), has correctly predicted the last three months of bitcoin prices and recently said that based on the floor model…
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