Bitcoin Whales Refuse to Sell
TL;DR Bitcoin exchange inflows have been low recently, suggesting a lack of interest from whales in selling. The situation resembles previous bullish rallies, but with...
Tag : bitcoin
Collaboration between Nubit and Polyhedra: Boosting Efficiency in the Bitcoin Ecosystem
TL;DR Nubit partners with Polyhedra Network to improve data availability on the Bitcoin network. The collaboration seeks to implement availability testing solutions and improve interoperability...
Grayscale Records Minimal Cash Outflow in GBTC as Bitcoin Nears $70k
TL;DR Grayscale’s GBTC records lowest daily cash outflow at a record $18 million. Intense competition from other Bitcoin ETF issuers. Grayscale works to counter cash...
Bitcoin and Ethereum on Alert: Cryptocurrency Markets Turbulent Due to Inflation Data
TL;DR Bitcoin and Ethereum have seen their prices decline due to investor caution in the face of new inflation data in the US. Despite the...
Bitcoin Experiences Massive Short Position Liquidation
TL;DR More than $102 million in Bitcoin short positions were liquidated in the market. Subsequently, there was a 3.8% decrease in the price of BTC,...
Bitcoin ETFs: Notable GBTC Outflow and Evolving Competition
TL;DR Grayscale Bitcoin Trust has seen an outflow of approximately 300,000 BTC since the ETF’s launch. The Bitcoin ETF market experienced a notable day of...
Bitcoin’s Potential Rise to $220,000: A Market Prediction
TL;DR Bitcoin’s Resurgence: Bitcoin (BTC) has returned to the $72,000 mark, leading market analyst Gert van Lagen to predict a potential rise to $220,000 before the...
Bitcoin Surpasses $72,000: Crypto Companies’ Stocks Rise Ahead of Halving
TL;DR Bitcoin surpasses $72,000, boosting shares of crypto companies. Coinbase shares rise 5.71% in pre-market trading. BTC rewards halving increases market optimism. In the financial...
CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...
Robert Kiyosaki Bolsters Bitcoin Position: Predicts $100,000 and Advocates Silver Investment
TL;DR Robert Kiyosaki plans to purchase an additional 10 Bitcoin before April, driven by the upcoming halving event and his prediction that the price of...