Bitcoin (BTC)

Several well-known crypto analysts are raising concerns over an unusual spike in activity from long-term Bitcoin holders. Crypto analyst CryptoCon highlighted that, there has been a significant increase in the number of old Bitcoins spent and transferred recently. This suggests that investors who have held Bitcoin for a long time are starting to sell. The analysts […]

The recent net outflows from Bitcoin ETFs appear to stabilize, even as redemptions persisted for five days as of March 23, 2024. However, the outflow magnitude moderated due to continued Bitcoin accumulation from institutional giants like BlackRock. According to analyst Thomas Fahrer, the world’s biggest asset manager, BlackRock, bought 12,500 bitcoins this week. Many experts […]

The crypto markets were rocked late Monday by a shocking flash crash of Bitcoin’s price on the BitMEX exchange. In a matter of minutes, the value of Bitcoin plummeted from around $67,000 to $8,900 before rapidly recovering. @syq reported that an enormous sell order of over 850 Bitcoins worth around $55 million on the BitMEX […]

Indonesia has experienced an impressive surge in crypto transactions, reaching Indonesian Rupiah 30 trillion ($1.92 billion) in February, according to the country’s crypto regulator. The number of registered cryptocurrency investors in the country also hit 19 million last month, indicating an increase of 170,000 users from January.  The Commodity Futures Trading Supervisory Agency (Bappebti) attributes […]

Dogecoin (DOGE) was once celebrated for its unexpected rise from a meme to a major digital asset. However, it has now fallen out of the top 10 cryptocurrencies by market capitalization, according to data from CoinMarketcap. This development comes as Chainlink (LINK) ascends into the top 10. It reflected the dynamic and ever-changing landscape in […]

Business intelligence firm MicroStrategy has once again bolstered its Bitcoin (BTC) holdings, adding 14,620 BTC to its portfolio between November 20 and December 26. The purchase, valued at $615.7 million in cash, was officially disclosed in MicroStrategy’s 8-K filing with the U.S. Securities and Exchange Commission. MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 […]