On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet, created on Nov. 24, 2013, transferred over 1,000 BTC, valued at $56.5 million, at block height 850,855. Long-Inactive Bitcoin Wallet…
Tag: BTC
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private…
Bitcoin Price Consolidates Gains, Can BTC Extend Rally To $60K?
Bitcoin price rallied further toward $58,000. BTC is now consolidating gains and might soon attempt more gains toward the $60,000 resistance. Bitcoin price is consolidating gains below the $57,500 resistance zone. The price is trading above $56,000 and the 100…
El Salvador’s Government Refusing to Share Details on its BTC Stack – ALAC
El Salvador’s Anti-Corruption Legal Advisory Center (ALAC), a body tasked with holding the government accountable for corruption-related practices has come out to declare that its request for details on the Bitcoin (BTC) investments made by the government through BANDESAL, the…
MVRV Points To $52,000 And $70,000 Levels For BTC, Expert Suggests
In a recent development, the Bitcoin price witnessed a remarkable surge of 7% within 24 hours, reaching a high point of $45,300. This significant price increase coincides with the anticipation surrounding the potential approval of a Bitcoin spot exchange-traded fund (ETF)…
Bitcoin dominance threatens ‘likely top’ despite BTC price eyeing $45K
Bitcoin (BTC) risks “rolling over” to cancel its latest uptrend, new analysis warns as altcoins surge. In a post on X (formerly Twitter) on Dec. 9, popular analyst and social media commentator Matthew Hyland flipped cautious on BTC price action.…
BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, LINK, MATIC
This week Bitcoin (BTC) price saw a shallow pullback, but the intra-day rally to the $44,000 level is an indication that the bulls are not hurrying to close their positions. Data from the popular HODL Waves metric shows that investors…
SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Bitcoin (BTC) and Ether (ETH) surged above their respective overhead resistance levels on Dec. 4, indicating that the bulls are in no mood to slow down. The higher the price goes without a meaningful correction, the greater the feeling of…
Mystery Bitcoin Whale Who Bought 10,000 BTC Has Been Exposed
The attention of the crypto community has been drawn to a particular whale that has been accumulating Bitcoin for some time now. The magnitude of the whale’s holdings has left many wondering who it might be and the reason for…
BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether (ETH) spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are not limited to Bitcoin…