Tag: Cryptocurrency market
German Government Agency Transfers $425M Bitcoin to Crypto Exchanges
A German government agency recently transferred $425 million in bitcoin to another wallet, with some of the funds being sent to crypto exchange deposit...
Bitcoin addresses with 1 BTC or more decrease to slightly above 1 million
Bitcoin addresses holding more than 1 BTC have decreased slightly, now totaling just above 1 million. This trend is significant as it showcases Bitcoin's...
Bitcoin Price Analysis: Key Support Level Breached After Rejection at $70K
Bitcoin recently faced a significant drop below the crucial support level of $67,000 to $68,000 after failing to break above the $70,000 mark. According...
Cryptocurrency Market Update: First Mover Americas Reacts to Fed’s Hawkish Stance
The cryptocurrency market experienced a downturn following the Federal Reserve's decision to reduce interest-rate cut expectations. Bitcoin and ether both saw a 1% decrease...
Bitcoin Price Surges to $67K as Miners Rally; XRP Leads Altcoins
The digital asset market experienced a significant turnaround on Monday as Bitcoin (BTC) recovered from an early decline to nearly $65,000 and surged to...
Bitcoin Investment Products Experience Over $600M Outflows Last Week: CoinShares
Bitcoin investment products experienced significant outflows last week, totaling $621 million, according to asset manager CoinShares. This outflow was a result of mixed economic...
Bitcoin Miners Profit from BTC Rally as Crypto Exchange Transfers Surge
Bitcoin miners have been taking advantage of the recent rally in BTC prices, with a significant amount of BTC transfers from mining pools to...
From Fringe to Forefront: Embracing Digital Assets in Institutions
A significant transformation is taking place in the financial world as digital assets are gaining more attention and investment globally. The recent introduction of...
Ether ETFs Approval Expected by September: SEC Chair Gensler
During a recent budget hearing, Securities and Exchange Commission Chair Gary Gensler mentioned that final approvals for exchange-traded funds (ETFs) trading Ethereum's ether (ETH)...
Ethereum Withdrawals Surge Over $1.2 Billion: Analysis & Trends
Ethereum has recently experienced a surge in withdrawals totaling over $1.2 billion, indicating that large crypto investors, also known as whales, are anticipating a...