Bitcoin hits $18,200 as 13% more of of BTC supply in profit
Bitcoin price jumped more than 5% on Thursday to hit levels above $18,400. According to on-chain data from Glassnode, the price rally has helped return 13% more BTC into profit; now 60.5% of circulating supply is in profit. Only 47%-48% of BTC had been in profit between November 2022 and the start of January, 2023. […]
Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon?
Bitcoin price steadied above $16,800 as US Federal Reserve officials agreed to slow its pace of interest rate hikes. The latest FOMC minutes indicate that US policymakers are focused on controlling the pace of price hikes. Bitcoin could surge past the $17k resistance level soon. BTC eyes the $17k resistance level The United States Federal […]
One of the original Bitcoin core developers losses all his BTC in hack
Bitcoin OG and core developer, Dashjr, claimed virtually all his bitcoins were stolen. The hackers accessed the developer’s PGP key. On November 17, 2022, Dashjr, noted his server had been compromised. A Bitcoin OG and one of the original Bitcoin’s core developers, Luke Dashjr, has claimed that he virtually lost all his bitcoins after his Pretty […]
Bitcoin (BTC) Price Slides as Inflation Is Going Up
Real-world economic performance undeniably impacts global cryptocurrency markets, with Bitcoin (BTC), the biggest crypto asset by market capitalization, proving an excellent guide to the health of the crypto industry. Recent increases in inflation worldwide, but particularly in the US, have seen the value of Bitcoin slide during the second half of 2022 as the global […]
Bitcoin addresses with 100-10K coins buy $726 million BTC
Bitcoin wallet addresses with 100 to 10,000 BTC bought another $726 million worth of coins in 9 days. The sharks and whales activity highlight the continued accumulation of BTC as market navigates the recent FTX- fueled crash. Bitcoin price rose to highs of $18,385 on Tuesday, before retreating late Wednesday following US central bank interest […]
Bitcoin shrimps add record BTC to their holdings in November
Bitcoin price plummeting after FTX’s implosion in November provided shrimps – people with less than 1 BTC an opportunity to add to their balances at low prices. According to new on-chain data tracking shrimp holdings, the cohort bought 96.2k more BTC in the 30 days after FTX collapsed. The cohort’s holdings saw an all-time balance […]
Will BTC go back up soon?
Bitcoin price has come under intense pressure in the past few months as investors get extremely fearful about the industry. BTC plunged to a low of $15,718, which is significantly lower than its all-time high of near $70,000. It has fallen by over 26% from its highest level this month, crashing its total market cap […]
Bitcoin BTC prediction as the token continues to stall
Bitcoin (BTC/USD) may have settled above $15,000, but the pressure is mounting. As of press time, the cryptocurrency was trading at $16,623, losing 1.32% on the day. BTC is also largely consolidating rather than making a directional move. A technical outlook shows a potential decline to the next low. Bitcoin’s price action comes when data […]
Shiba Inu lags behind while ETH, BTC, ADA take front stage on Binance
Over the last couple of months, the prominent meme coin Shiba Inu ($SHIB) was seen dominating the entire crypto industry. However, the fervor around this community-driven project seemed to be simmering down. Despite the launch of its recent collectible card game, the altcoin barely garnered any gains. It seems like Binance users weren’t too curious […]