According to a recent report by the Wall Street Journal (WSJ), the U.S. Treasury Department is investigating $165 million worth of cryptocurrency transactions that might have supported Hamas, the Palestinian militant group. Deputy Treasury Secretary Adewale Adeyemo signed a letter revealing these findings based on examining suspicious activity reports submitted between January 2020 and October […]
Asset management company 7RCC Global is gearing up for the launch of its environmentally conscious spot Bitcoin ETF in the United States amidst fierce competition for investment products that facilitate access to БТЦ’с price movements. Despite not being included in the initial wave of launches, the entities backing the proposal are proceeding with their plans. […]
The markets are rallying exuberantly for BTC for a couple of reasons this March. Institutional investors bought deep after the SEC opened up Wall Street access to Bitcoin price exposure through custodial spot ETFs. That only adds to the scarcity shock with the supply halving coming up next month. However, many blockchain crypto trading strategists […]
Bitcoin’s price faced enhanced volatility at the end of the business week, which included a drop of $8,000, but it has recovered some of the losses as of now. Several altcoins have bounced off from the Friday crash, with AVAX, BNB, SOL, and APT emerging as today’s top performers. BTC to Challenge $70K Soon? Bitcoin’s […]
Bitcoin’s rally breaking into a new all-time high above $70,000 has been unconventional for several reasons. Interestingly, the leading crypto asset is still in its early stages and has a long way to go, according to most experts. In fact, analysts are now weighing in on Bitcoin’s trajectory and expect it to climax in early […]
This bull run is cyclical in nature, and these seven signals suggest it is just getting started. Just three weeks ago, on Feb. 12, Bitcoin’s price crossed the $50,000 threshold. Fundstrat Global Advisors Head of Digital Strategy Sean Farrell said, “This rally in the near term certainly has some room to run.” He was right! The […]
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 […]
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 […]
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 […]
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 […]