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Amid Extremely Divided Bitcoin Market, HODLers Show Remarkable Resilience

The Bitcoin market is currently indecisive on a bullish or bearish path, and this may exacerbate crypto volatility, says Glassnode analysts in their Monday analysis of the BTC on-chain activity. Even as the market continues to ponder the Grayscale GBTC unlock, the Purpose ETF product and over-the-counter inflows went down last week, which suggests low […] дальше »

2021-7-20 16:38


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Institutions Cautious of Buying Bitcoin (BTC) at Current Price Levels, Says JPMorgan

There could be more room for bitcoin’s (BTC) price to slide further down, JPMorgan opines. Bearish Mid-term Scenario for Bitcoin Bitcoin continues to slide down the price chart amid a wider market sell-off, and if Wall Street giant JPMorgan’s words are anything to go by, there could be more pain ahead for BTC holders. AccordingRead More дальше »

2021-6-27 21:00


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$3.6 Billion: These South African Brothers May Have Just Pulled Off One Of The Biggest-Ever Bitcoin Heists

Ameer and Raees Cajee, co-founders of South African crypto investment platform Africrypt have reportedly disappeared with about 69,000 BTC valued at $3.6 billion amid the April rally. Notably, the siblings first raised suspicion earlier this year when they claimed that their firm had been the victim of a hack in April. The suspicions deepened when […] дальше »

2021-6-25 23:24


Bitcoin Mining Council Launches, Aims to Correct BTC Misconceptions On Energy Use

The Bitcoin Mining Council (BMC), a coalition of miners and public companies, held its first formal meeting on Wednesday with MicroStrategy CEO Michael Saylor as convener. The Council aims to counter the misinformation about Bitcoin amid a growing debate over the amount of energy used in mining the cryptocurrency. дальше »

2021-6-18 15:35


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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03