The cryptocurrency market is no stranger to volatility, and Bitcoin’s recent price stagnation has prompted some significant movements among large holders, often referred to as “whales.” One such whale recently made headlines by selling a portion of their Bitcoin holdings, worth a staggering $13,000,000, amidst the ongoing price stalls in
According to the most recent statistics, Bitcoin exchange inflows have hit a level not seen in over ten years. Since Bitcoin’s all-time high of $73,800, daily BTC inflows have declined dramatically, according to data from on-chain analytics platform CryptoQuant. There is no desire among Bitcoin traders to hold currency on
Bitcoin (BTC) has recently experienced a whirlwind of events, showcasing its volatility and resilience in equal measure. Over the past month, the crypto landscape has seen significant developments, ranging from regulatory approvals to protocol launches, ultimately influencing BTC’s price trajectory. Hong Kong’s approval of spot Bitcoin and Ethereum exchange-traded funds
The global crypto markets have witnessed a notable rebound following a jumble period, with Bitcoin spearheading the recovery by surging over 15.2% from its recent lows experienced at the beginning of May ($56,715). Climbing above $65,350 for the first time since April 24, Bitcoin’s resurgence has infused renewed optimism into
South Korea’s charities and contribution campaigns may take a hit as digital currencies are not included in the country’s recently revised donation laws. According to Kyunghyang Shinmun, a local media site, the Ministry of Public Administration said on May 5 that they had submitted modifications to South Korea’s “Donations Act”
For the second month in a row, venture capital financing for cryptocurrencies has exceeded $1 billion. According to RootData, the total financing for April amounted to $1.02 billion, spread over 161 investment rounds. This is a little decrease from March, when $1.09 billion was reported from 186 rounds. Two consecutive
Bluesky is a decentralized social media network that Jack Dorsey, co-founder of Twitter and Twitter CEO in 2019, created and financed. Dorsey has since resigned from his position on the board of directors. In a post on May 5, Bluesky acknowledged Dorsey’s departure, said that it was “searching for a
Bitcoin (BTC) eased its bearish week by rebounding above $64,000 after a 1.5% spike in the last 24 hours. Last week, BTC dipped to its 10-week low of $56,552. BTC laid a “bullish hammer” weekly candle, closing the week positively. Notably, a bullish hammer candle often indicates the possibility of
The Bitcoin network has hit a monumental milestone, processing its one billionth transactions. This historic event took place as transaction 1,000,000,000 was mined into block 842,241 on May 5, as per data from Clark Moody’s Bitcoin dashboard. Since Satoshi Nakamoto mined the network’s first block on January 3, 2009, Bitcoin
BlockDAG has dwarfed the competition in the crypto market with a staggering $22.6 million presale. Even as the Bitcoin Minetrix presale ends, reflecting a tumultuous period for crypto investments, BlockDAG’s robust sales and innovative X1 awaited launch signal a new era of growth and investor confidence in the blockchain domain.
