Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000?

In a recent development, data from crypto analytics firm Glassnode shows that the amount of Bitcoin held on Coinbase has reached a 9-year low. This has raised the possibility of the flagship crypto rising to a new all-time high (ATH) of $75,000 soon enough.

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Crypto price predictions: Shiba Memu, Bitcoin SV (BSV), BNB

Cryptocurrencies have been relatively mixed this week in a low-volume environment as the Christmas holiday continued. Bitcoin has held steady above $42,000 while Solana and its ecosystem tokens took a breather.

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Bloomberg analysts estimate spot Bitcoin ETF market to hit $100b

Sources close to Mike Novogratz's Galaxy Digital say the firm already held a call with hundreds of investment firms about allocating to Bitcoin.

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Bitcoin price steady as Memeinator token sale scoops $579k

Bitcoin price held quite well as risks to the American and global economy continued. The coin held steady above the key resistance level at $27,500 this week even as long-term government bonds plummeted.

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Bitcoin Supply Held by U.S. Entities Spike Following BlackRock’s Spot Bitcoin ETF Application

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Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows

The amount of Bitcoin held “underwater” in wallets continues to increase, hitting levels never seen in history.

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Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto

Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low.

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El Salvador President Bukele denies having bitcoins held by FTX

Bukele, El Salvador's president, dismissed earlier claims made by Novogratz, who claimed El Salvador held Bitcoins in FTX. His actions triggered reactions from the Bitcoin community, who later apologized for his acts.

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What Was The Reaction Of The Bitcoin White Paper Upon Its Release?

Pete Rizzo and Dan Held discuss the release of the Bitcoin white paper and how the cypherpunk community responded to Satoshi Nakamoto’s idea.

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Reports of Bitcoin’s death are greatly exaggerated- HC Wainwright

HC Wainwright’s assessment of bitcoin’s future potentiality comes in the wake of Bitcoin 2022 held in Amsterdam from October 12-14. Bitcoin price may be stuck around $20,000 and miners in increasing pain as fear, uncertainty and doubt spike, but according to corporate investor HC Wainwright is Bitcoin is “alive and well.

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Bitcoin mining firm Iris Energy on verge of $103M loan default

A tweet from Bitcoin Magazine Analyst Dylan LeClair stated BTC mining firm Iris Energy is close to defaulting on a $103 million loan held by the New York Digital Investment Group (NYDIG). The post Bitcoin mining firm Iris Energy on verge of $103M loan default appeared first on CryptoSlate.

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Aussie federal budget reaffirms BTC won’t be treated as foreign currency

The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they are held as an investment.”

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Polygon (MATIC) Among Gainers When Top Coins Bleed

MATIC enjoyed significant gains on the trading day despite other coins going red. The Ethereum layer-2 token gained bullish momentum on the day, keeping over 6% gains in the last 24 hours. The token has also held its end against Bitcoin and Ethereum, leading significant gains over the two biggest coins.

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First Mover Asia: All Eyes on Aptos; Cryptos Trade Down Even as Stocks Rise

Aptos is launching at a time when the only concerns about the price of gas involve petroleum, not the virtual metaphor; bitcoin held comfortably above its recent $19,000 support.

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CryptoSlate Wrapped Daily: Bitcoin held on exchanges plummets as 50K BTC leaves Coinbase; Aptos blockchain criticized on scalability

The biggest news in the cryptoverse for October 18 includes Do Kwon claiming charges against him are illegitimate, Aptos blockchain criticized for processing only four transactions on launch day, and Roofstock selling its first on-chain house as an NFT for $175,000.

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Research: Bitcoin held on exchanges reaches its lowest since 4 years

The total amount of Bitcoin (BTC) held by exchanges reached its lowest since 2018, while Ethereum (ETH) supply on exchanges has been increasing significantly since June 2022. The post Research: Bitcoin held on exchanges reaches its lowest since 4 years appeared first on CryptoSlate.

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Quant (QNT) Holds Gains When Top Cryptos Plummet Following BTC

Despite being a lesser-known cryptocurrency, Quant has held gains while top coins, including Bitcoin, have fallen in value. The price of Quant had fallen along with the rest of the crypto market at the start of the year.

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Bitcoin Cash maintains choppy movement. Are buyers relentless?

Bitcoin Cash has held close to $110 for three months now The cryptocurrency’s price… The post Bitcoin Cash maintains choppy movement. Are buyers relentless? appeared first on CoinJournal.

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Calls mount for Louisiana state to buy Bitcoin following BlackRock divestment

Bitcoin advocates have called for the Louisiana State Treasury to buy BTC after its announcement to divest roughly $794 million held with BlackRock. The post Calls mount for Louisiana state to buy Bitcoin following BlackRock divestment appeared first on CryptoSlate.

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Feds Lost Millions in Bitcoin Acquired From Criminal Investigations of Helix Mixers

Recent reports indicate that over $5 million worth of crypto tokens were stolen from a storage device held by the Feds. According to Bloomberg’s reports, the Feds acquired this amount from criminal investigations into Helix Mixer.  Feds Lock up a…

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The American Bitcoin Revival Takes Root In Nashville

Grassroots Bitcoin, held at Bitcoin Park in Nashville, Tennessee, brought Bitcoin meetup organizers from all over the country to collaborate together.

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Why Bitcoin, Ethereum May Not Be The Best Plays For The Next Bull Market

Since the launch of bitcoin, there have been massive gains recorded by those that got in early and held on long enough. The same was the case with Ethereum, whose market cap grew to the hundreds of billions.

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Glassnode: Bitcoin Short-Term Holder Profits Have Been Shrinking For 431 Days Now

Data from Glassnode shows the Bitcoin profit in supply held by short-term holders has been going down for 431 days now. Bitcoin Short-Term Holder Supply In Profit Has Been In Compression Phase Recently According to the latest weekly report from Glassnode, the STH supply in profit usually goes through three phases each cycle. The “supply […]

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BTC Supply Held By Long Hands Hits 13.62M ATH As Accumulation Persists

Total Bitcoin (BTC) supply held by long-term asset holders has shot up to an all-time high of 13. 62M BTC. In tandem with the rest of the market, Bitcoin has received a severe battering from the bears in the present cycle.

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Bitcoin Takes A Blow After It Falls Below $22,000, Any Chances For A Bull Run

The performance of Bitcoin recently has not been entirely on the commendable side. Compared with the price trend for the past few years, BTC has not made an impressive move in 2022. Instead, the token has been held bound in a bearish grip that no one expected.

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62% of wallets did not sell Bitcoin for a year amid the bear market: Data

The majority of traders have held Bitcoin for one year and above, 32% held BTC for one month up to a year and 6% have held for less than a month, data reveals.

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Bitcoin Price Falls Below $20K, While Ethereum Holds $1,500 Levels Due To Upcoming Network Merge

After trading in a range for most of the week, Bitcoin fell below the $20k mark today while Ethereum held onto support at $1,500. Since September is typically a sluggish month historically, BTCUSD is having a tough week; it has fallen over 8% in the last day.

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Mt.Gox Bitcoins Will Be Released on Ethereum Merge Date: Coincidence?

Luckily, market will not get crushed by around $3 billion held by famous online Bitcoin exchange

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First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K

A study by crypto exchange’s KuCoin found that 15% of the country’s population aged 18-60 held or had traded crypto in the past six months; ether trades sideways.

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Not-So-Diamond-Hands: Bitcoin Long-Term Holders Have Shed 150k BTC Since LUNA Crash

Data shows the total supply held by the Bitcoin long-term holders has decreased by 150k BTC since the LUNA crash. Bitcoin Long-Term Holders Have Dumped A Noticeable Amount In The Last Few Months According to the latest weekly report from Glassnode, the BTC LTHs have observed a sustained decrease of 150k BTC since the crash in May.

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Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter

Carbon-free mining company Sphere 3D‘s July 2022 report showed that it managed to keep up with its usual performance in July even though the 4,000 new mining rigs were held back in the United States customs during the winter market, where mining companies have been taking significant hits.

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Recent Survey Shows Investors Think BTC Is More Likely To Crash To $10,000 First Than Hit $30,000

In what appears to be a direct refutation to the widely held theories of most bullish Bitcoin proponents, Wall Street thinks Bitcoin is more likely to plummet to $10,000 first before a surge to $30,000 can be considered – according to a recent survey.

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Decentraland [MANA] halted at psychological $1 mark as it sees a short-term range formation

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. On the lower timeframes, Bitcoin [BTC] has held the $23. 5-$23.

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MicroStrategy, Tesla, Block faced a $5 billion hit on their Bitcoin bet in Q2

Tesla, MicroStrategy and Block owned about 85% of Bitcoin held by public companies, currently… The post MicroStrategy, Tesla, Block faced a $5 billion hit on their Bitcoin bet in Q2 appeared first on CoinJournal.

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Tesla's Bitcoin dump of $936M- Breaking down its impact on BTC

The world's largest electric car company, Tesla, held Bitcoin [BTC] worth billions of dollars for a long time. The company claimed not to have sold any of its BTC after investing another $1.5 billion The post Tesla's Bitcoin dump of $936M- Breaking down its impact on BTC appeared first on AMBCrypto.

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Sub-$22K Bitcoin looks juicy when compared to gold’s market capitalization

BTC’s market cap is way smaller than gold's, but the percentage of Bitcoin held by institutional investors suggests that the current pricing reflects an excellent discount.

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Bitcoin Miners Have Been Dumping, But Price Has Held So Far

On-chain data shows Bitcoin miners have been dumping during the past couple of weeks, but the price of the crypto has held up so far. Bitcoin Miner Reserve Has Lost 10k BTC In Last Two Weeks As Miners Sell As pointed out by an analyst in a CryptoQuant post, while miners have been selling in recent days, the value of BTC has refused to budge.

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Worst Quarterly Bitcoin Crash In A Decade Closes Above Key Support

Last week, when the June monthly candle came to a close in Bitcoin, it also signaled the end to the second quarter of the year and its first half. The top cryptocurrency suffered its worst quarterly decline since 2011, but it ultimately held above a key support level.

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Bitcoin Approaches 2018 Like Drawdown, Why $20,000 Is A Crucial Level

Bitcoin has been moving sideways around its current levels with no clear direction on lower timeframes. The cryptocurrency has experienced its worst-selling pressure in years but has held firmly around its 2017 all-time high.

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Price analysis 7/4: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB

Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.

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Tesla Expected to Report $440 Million Writedown on Its Bitcoin Holdings

Tesla reported that it held roughly $2 billion worth of Bitcoin back in November

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Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018

The number of Bitcoins held on centralized exchanges has dropped to the lowest level since 2018, according to information from Glassnode. The post Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018 appeared first on CryptoSlate.

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Bitcoin Hovers Near $21K as Investors Look to Avoid Another Weekend Slump

Bitcoin held steady at about $21K, but analysts say its hold above 20K is precarious.

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Marathon Digital keeps on mining despite BTC price slump

Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC.

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Bitcoin Long-Term Holders Now Own Nearly 80% Of Realized Cap

On-chain data shows the part of the Bitcoin realized cap held by the long-term holders has increased and is now at nearly 80%. Bitcoin Long-Term Holders Own Almost 80% Of Realized Cap As explained by an analyst in a CryptoQuant post, the crypto has historically tended to form bottoms around when the long-term holder share of realized cap has exceeded 80%.

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Bitcoin Lightning Network Hackathon By BOLT FUN Begins June 16

Shock The Web 2 is BOLT FUN’s follow up to its debut Bitcoin Lightning Network hackathon held this past March, meant to on-board new builders into the ecosystem.

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Looking to go long on LEO? Keep an eye out for this resistance zone

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin had held on to the $30.1k mark as support over the prThe post Looking to go long on LEO? Keep an eye out for this resistance zone appeared first on AMBCrypto.

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Brace For Impact: Bitcoin Miners Have Begun Dumping Their Holdings

For the longest time, bitcoin miners have held on to the spoils of their activities. That is when the profitability of mining the cryptocurrency was still high. Due to a high cash flow, these miners could afford to hold on to a good portion of their rewards while being able to still carry out their operations.

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Bitfarms Mined 431 BTC in May, Now Holds $192 Million In Bitcoin

Bitfarms, a publicly traded miner, released its bitcoin mining update showing 431 BTC mined with 6,075 BTC ($192 million) held in custody.

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