Fidelity Digital Assets have stated in a recent report that while Bitcoin (BTC) holders typically anticipate the quadrennial reward halving to boost prices, miners must actively strategize to plan for the upcoming event to prevent going bankrupt. Notably, the halving event, expected on or around April 19, will reduce their earned Bitcoin by 50%. Bitcoin […]
Moreover, it’s getting some new digs on Stock Twits, and another crypto exchange has added FLOKI to its trading pairs. FLOKI coin gained more in price on cryptocurrency exchanges last week than Pepe Coin, Dogecoin, Shiba Inu, Bonk Inu, or Wif. Furthermore, the Ethereum and Binance Smart Chain meme coin entered the top 60 biggest […]
On March 8, on-chain analytics provider Santiment reported that despite the incredible milestone for Bitcoin, “there is a combined sense of exhaustion and altcoin distraction coming from the trading community right now.” BTC prices briefly topped $70,000 on Coinbase on Friday marking a new all-time high for the digital asset. However, it sharply retreated from this […]
Arkham Intelligence has revealed that Tesla currently possesses 11.51K BTC, valued at $780 million, distributed across 68 addresses, while SpaceX holds 8.29K BTC, totaling $560 million, spread across 28 wallets. These findings are substantiated by on-chain fund flows that align with financial disclosures from both companies. Tesla and SpaceX’s Vaults: $1.34B in BTC Holdings Laid […]
The forthcoming Ethereum Dencun upgrade scheduled for March 13 offers a chance for near-zero transaction fees for layer 2 (L2) solution users, possibly drawing in more new ones, as per a research report by Fidelity Digital Assets. The forthcoming upgrade marks the initial step in Ethereum’s rollup-focused roadmap. This advancement will empower the network to […]
Bitcoin accumulation addresses are witnessing record inflows following Bitcoin’s (BTC) surge to its all-time high of $69,000 and the subsequent retracement. According to a weekly report by CryptoQuant, daily inflows into Bitcoin accumulation addresses have risen to 38,000 BTC, pushing the total holdings of such wallets to record-high levels of 1.5 million BTC. Accumulation Addresses […]
TL;DR Achieving a $100,000 Bitcoin price is speculative, influenced by regulatory and technological changes, along with market sentiment and investor actions. The current rally is seen as more stable, supported by the introduction of spot BTC ETFs, adoption by countries like El Salvador, and the anticipation of the halving event, which historically precedes market booms. […]
Bitcoin’s price stood still for several days, but the asset went on the offensive yesterday, broke above $70,000 for the first time ever, and was violently rejected minutes later. Several altcoins, led by Worldcoin and FLOKI, have produced massive gains over the past day. BTC’s Rollercoaster CryptoPotato reported BTC’s notable run as of late, which […]
Bitcoin (BTC), which saw remarkable gains in the last weeks of February, has been hovering above $67K for the past 48 hours. Behind BTC’s recent market rally are spot Bitcoin ETFs, which are netting substantial inflows into their funds. As the market is gripped with bullish sentiment, miners have earned $75.9 million in daily revenue, […]
BlackRock has recently updated its filing with the Securities and Exchange Commission (SEC), indicating its intention to purchase spot Bitcoin ETFs for its Global Allocation Fund (MALOX). The March 7 filing states that MALOX may acquire shares of BlackRock’s spot Bitcoin ETF, IBIT, and ETFs offered by other issuers, with the fund exclusively investing in […]