Galaxy Digital Sells 26K BTC During Low-Liquidity Hours Galaxy Digital made a significant move by offloading 26,309 BTC, valued at around $117,700, through OTC and exchanges during a period of low liquidity. This action took place 7 hours ago, coinciding with the Asian trading session when liquidity typically decreases. Impact of the Sell-Off Stablecoins were…
The Significance of Bitcoin’s Key Resistance Level Bitcoin is currently facing a crucial resistance level that is being closely watched by traders and analysts in the cryptocurrency market. This particular resistance level is considered significant due to its historical importance in determining the direction of Bitcoin’s price movement. Market Analysis and Investor Sentiment According to…
Altcoins Take the Spotlight as Altcoin vs Bitcoin Index Surges Past 75 Recent data shows that the altcoin vs bitcoin index has surpassed the 75 level, indicating a significant move towards what some in the crypto community are calling “Altcoin Month.” This shift suggests a growing interest and investment in alternative cryptocurrencies over Bitcoin. A…
The Phases of a Bull Market Many investors are familiar with the four phases that typically occur during a bull market cycle: 1. Bitcoin Season Historically, the bull market often starts with Bitcoin leading the way. As the most well-known and established cryptocurrency, Bitcoin tends to attract initial investment during this phase. 2. Ethereum Season…
Bitcoin Mining Update: 93% Mined, Only 1.4 Million BTC Left According to recent reports, 93% of all Bitcoin has already been mined, leaving only 1.4 million BTC remaining. This milestone indicates that the cryptocurrency is approaching its maximum supply limit of 21 million coins. However, it is worth noting that a significant portion of the…
Bitcoin’s Next Target: $160,000 – $170,000 🚀 Bitcoin’s projected price range falls between $160,000 and $170,000. Don’t miss: XRP Surpasses Uber in Market Capitalization – Breaking News Update
Michael Saylor’s Firm Holds $71 Billion in Bitcoin MicroStrategy, led by Michael Saylor, currently holds an impressive $71 billion in Bitcoin, securing the 9th spot among all S&P 500 treasuries. This significant holding has surpassed well-known companies such as Exxon, NVIDIA, PayPal, and CVS. Empowered by Venture Capital This achievement is powered by Venture Capital….
Sending Bitcoin Without Internet: Jack Dorsey Makes it Real Introducing Bitchat: A Revolutionary Chat App Bitchat is a groundbreaking peer-to-peer chat application that operates without the need for internet connectivity or mobile signals. Utilizes Bluetooth mesh for transmitting encrypted messages No SIM card, Wi-Fi, servers, or login required Messages are temporary and completely private Designed…
Michael Saylor’s Ambitious Goal for Bitcoin in the Fixed Income Market Michael Saylor, the CEO of MicroStrategy, has set his sights on capturing 1% of the $300 trillion fixed income market for Bitcoin. This ambitious target translates to $3 trillion. Also read: U.S. House Votes on the Crypto Genius Act Today: Latest Update
39 Bitcoin Treasury Companies Holding 670K BTC Significant Presence in Bitcoin Holdings Currently, there are 39 Bitcoin treasury companies collectively holding 670,000 BTC. These companies represent a substantial 25% share of all public companies that have invested in Bitcoin. Also read: US House Set to Pass Anti-CBDC Surveillance State Act – Breaking News