Bitcoin Struggles Below $59,000 Amid Market Uncertainty
TL;DR Market Struggles: Bitcoin has faced significant challenges, struggling to stay above $59,000 amid declining demand from US spot Bitcoin ETFs and large whale deposits...
Tag : Bitcoin
Metaplanet and SBI Group Form Strategic Alliance to Boost Bitcoin Trading and Custody
by Fernando
TL;DR Metaplanet Inc. announces a strategic alliance with SBI VC Trade for the management and custody of Bitcoin. The collaboration seeks to improve tax efficiency...
Anonymous Investor Withdraws Nearly $500 Million in Bitcoin from Coinbase: Market Speculates on Next Moves
TL;DR An anonymous investor withdrew nearly $500 million in Bitcoin from Coinbase, distributing the funds across 50 transactions of 157 BTC each. There is speculation...
BlackRock IBIT Dominates Bitcoin ETF Market with Record Inflows
by Fernando
TL;DR BlackRock leads net inflows into Bitcoin ETFs with $20.931 billion. BlackRock’s IBIT recorded $224.1 million in a single day, outperforming other ETFs. Other ETFs,...
Bitcoin Centralization: Two Mining Pools Control 57% of Hashrate
TL;DR Foundry USA and AntPool control 57% of Bitcoin’s hashrate, raising concerns about centralization. The concentration of power in a few pools increases the risk...
El Salvador’s Bitcoin Journey: Leading the Way in Crypto Adoption
by jose
TL;DR Daily Bitcoin Purchases: Since March 16, 2024, El Salvador has been buying one Bitcoin daily, adding 162 Bitcoins to its reserves, now totaling 5,851...
Democratic Megadonor Ron Conway Cuts Ties with Crypto Super PACs
by jose
TL;DR Ron Conway, a major Democratic donor, cut ties with crypto super PACs after they pledged $12 million to unseat Senator Sherrod Brown without his knowledge,...
Dormant Bitcoin Wallet Surges 8,844% After 10.7 Years of Inactivity
by Fernando
TL;DR A Bitcoin wallet inactive for 10.7 years shows an 8,844% gain. The wallet, valued at $13,259 in 2013, now has a value of $1,185,944....
Bitcoin Price Analysis: CrypNuevo’s Predictions and Market Outlook
by jose
TL;DR Short-Term Bull Trap: Bitcoin analyst CrypNuevo predicts a brief breakout to around $62,000, followed by a drop below $54,000, creating a “bull trap” for...
Samson Mow Highlights Why Bitcoin Is a Safe Haven
by Fernando
TL;DR Samson Mow explains why Bitcoin is considered a “risk-off” asset for certain investors. The CEO of JAN3 highlights four groups that view the crypto...
