Investors

“The bitcoin euphoria phase is still early”: Glassnode

A month after bitcoin (BTC) surpassed its hitherto document value of $69,000 (USD) for the primary time in two years, the bullish development is in its infancy. That is acknowledged within the weekly report of the evaluation firm...

Bitcoin whale accumulates USD 90 million in BTC in one month

Key details: The very best buy of this whale was 123,128 BTC. Their purchases this month common a value of USD 68,617 for every bitcoin. Between March 6 and April 7 of this yr, a bitcoin whale...

There is an injection of new capital into bitcoin. How will it impact...

Lengthy-term bitcoin (BTC) traders entered a distribution section, promoting to new holders at increased costs than acquired ones. โ€œThis represents an injection of latest capital,โ€ says the info supplier on-chain, Glassnode, in its most up-to-date market report. With this...

Institutional trust in bitcoin grows; ETFs are the “thermometer”

At the moment, Friday, March 29, the inventory market in america is closed, so yesterday, Thursday, was the final day of the enterprise week and likewise of the buying and selling month. In these 4 days, spot bitcoin...

Willy Woo weighs in on bitcoin ETF investors

Key information: There have been capital outflows in ETFs and BTC purchases have been recorded in self-custody wallets. ETFs are utilized by institutional buyers, as they're devices regulated by the SEC. Dealer Willy Woo analyzed the conduct...

Bitcoin enters the reaccumulation stage. What does it mean for its price?

In accordance with the information and evaluation platform on-chain, Nodecharts, numerous metrics point out a attainable reaccumulation of bitcoin (BTC). That is acknowledged in its most up-to-date weekly evaluation printed on March 13, 2024. This exhibits that greater than...

wealth transfer is underway

Key info: New traders are starting to flock to bitcoin, attracted by the excessive value. Excessive ranges of revenue taking are detected. Glassnode, a cryptocurrency market knowledge and evaluation supplier, revealed a report explaining the rise of...

New ETF record takes bitcoin to all-time high price

Key info: "That is spectacular for any ETF," says analyst. Shopping for stress from ETFs drives the worth of bitcoin. Bitcoin (BTC) has reached a brand new all-time excessive pushed by a document for ETFs based mostly...

Latest News

Solana rallies 9% as developers launches update to tackle network congestion

Solana builders have launched a model 1.17.31 replace to assist the blockchain community battle the congestion points it confronted...