Cryptoglobe » Bitcoin (BTC)
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Stay up to date with the latest news about Bitcoin (BTC) cryptocurrency, price movements and technical analysis. CryptoGlobe covers the crypto space with up to date news, in-depth opinion pieces, reviews and price analysis.
Cryptoglobe » Bitcoin (BTC)
34m ago
Large cryptocurrency holders, colloquially known as whales, have accumulated nearly 47,000 Bitcoins in the past day worth around $2.9 billion, according to data from on-chain analytics firm CryptoQuant. The data, shared on the microblogging platform X (formerly known as Twitter) by the company’s founder and CEO Ki Young Ju, shows the balances of cryptocurrency whales ..read more
Cryptoglobe » Bitcoin (BTC)
34m ago
According to the insights of crypto analyst Rekt Capital, Bitcoin’s much-anticipated halving event continues to be a pivotal catalyst in defining its market dynamics. Occurring just over two weeks ago, this event purportedly initiates a cyclical influence on Bitcoin’s price and investor behavior, unfolding in three distinct phases. Phase 1: Pre-Halving Retrace The first phase ..read more
Cryptoglobe » Bitcoin (BTC)
34m ago
Introduction In a recent post on X (formerly Twitter), Nate Geraci, President of the ETF Store, shared an intriguing description of Bitcoin, originally coined by Eric Balchunas, Senior ETF Analyst at Bloomberg. The metaphor, “It’s like gold, but as a teenager,” sparked an engaging discussion among followers, shedding light on the unique characteristics and potential ..read more
Cryptoglobe » Bitcoin (BTC)
34m ago
In an astonishing display of market acumen, a crypto whale achieved a substantial profit of over $3 million in just four days. Initial Purchase and Withdrawal On May 3, amid a market downturn, the whale took a strategic position by purchasing 767 bitcoins when the prices were relatively low, paying an average price of $59,226 ..read more
Cryptoglobe » Bitcoin (BTC)
34m ago
Over this past weekend the cryptocurrency space saw a significant recovery, with Bitcoin (BTC) briefly topping the $65,000 mark before enduring a correction, and within that period a massive Bitcoin whale resurfaced after a decade of inactivity. That Bitcoin whale notably moved funds from an address containing around $43.8 million worth of the flagship cryptocurrency ..read more
Cryptoglobe » Bitcoin (BTC)
34m ago
As reported by CoinDesk, Standard Chartered’s recent research delves into the implications of U.S. fiscal policies and their potential impact on the cryptocurrency market. The investment bank’s analysis suggests that the growing risk of U.S. fiscal dominance, characterized by the monetization of government debt by the Federal Reserve, could bolster the appeal of cryptocurrencies as ..read more
Cryptoglobe » Bitcoin (BTC)
34m ago
Wall Street behemoth Susquehanna International Group, known for its vast trading volume across global financial products, has significantly increased its exposure to the flagship cryptocurrency Bitcoin (BTC), amassing a $1.2 billion position on it in Q1 2024. According to a recent 13-HR filing with the U.S. Securities and Exchange Commission (SEC), Susquehanna International now holds ..read more
Cryptoglobe » Bitcoin (BTC)
35m ago
Major cryptocurrency whales are still buying the recent Bitcoin (BTC) price dip, but a recent report suggests that their conviction to the crypto market’s continued bull run may be dwindling. According to data from analytics firm IntoTheBlock, there has been a potential shift in the behavior of major Bitcoin investors, often referred to as “whales ..read more
Cryptoglobe » Bitcoin (BTC)
35m ago
Earlier today, crypto analyst Michaël van de Poppe highlighted a critical juncture in Bitcoin’s price trajectory on social media platform X, providing key insights into potential future movements. The prominent analyst notes that Bitcoin is currently at the “range low.” In technical analysis, the “range low” refers to the lower boundary of a price range ..read more
Cryptoglobe » Bitcoin (BTC)
35m ago
On May 8, Ryan Sean Adams, a prominent crypto investor and entrepreneur, challenged the U.S. Securities and Exchange Commission’s (SEC) views on the adequacy of crypto disclosures. On social media platform X, Adams directly addressed comments by SEC Chair Gary Gensler regarding the perceived lack of transparency in cryptocurrency operations. Adams’s statement, “Gary says crypto ..read more