Tag: Cryptocurrency trading

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Analysis: Short-Term Holders Hold 2.5M BTC at Loss

Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...
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DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns Green

DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns GreenCryptocurrency prices made a strong recovery this week after concerns about the Japanese yen faded. Following a sharp decline on Monday, most cryptocurrencies saw double-digit gains....
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Bitcoin Reaches $125 Trillion in Transaction Volume: A Milestone in Cryptocurrency History

Bitcoin's transaction volume has reached an impressive milestone, hitting $125 trillion in FIAT terms, according to recent data. This marks a significant increase from the $114 trillion recorded at the beginning of the year,...
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Bitcoin Volume Hits Record High After FTX Collapse: What It Means

Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
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Bitcoin Profitability Before and After Halving: A Detailed Analysis

Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
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Coinbase and MicroStrategy Surge as Bitcoin Price Hits $59k – CoinJournal

Coinbase and MicroStrategy stocks have experienced a significant increase, rising by 6% and 7% respectively, as the price of Bitcoin surged above $59,000. This positive movement in the market on August 8th saw Coinbase...
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Morgan Stanley Advisors Now Offering Bitcoin ETFs to Clients

Morgan Stanley, a major Wall Street bank, has made a significant move by allowing its financial advisors to offer Bitcoin exchange-traded funds (ETFs) to its clients. This decision allows over 15,000 financial advisors at...
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AVAX Price Analysis: $21.73 Support Level in Focus – What’s Next?

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
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Bitcoin Warning: First Mover Americas Sees Price Drop to $55K

Bitcoin experienced a slight drop in price to $64,500 during the European morning, after falling to $62,500 on Thursday. This price is close to the 50-day moving average, which is an important support line...
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Bitcoin Network Difficulty Reaches Record High Amid Price Volatility

Bitcoin’s network difficulty has reached a new high, hitting 90.67 trillion on August 2, 2024, as reported by CoinWarz. This achievement comes after a period of declining difficulty, indicating a resurgence in miner confidence...