Crypto Miners Hedging Risk With Recent Sell-Offs: Bitfinex Report
Bitcoin Mining Companies Employing Derisking Strategies Cryptocurrency trading platform Bitfinex recently reported on the Bitcoin (BTC) mining sector, noting that miners have been offloading BTC to exchanges as a derisking…
$116M of Pre-Mined Ethereum Resurrects After 8 Years
Ethereum Worth Over $116 Million Moved to Kraken Exchange On July 18, an Ethereum wallet containing 61,216 pre-mined Ether (ETH) worth over $116 million was transferred to a Kraken crypto…
Robert F. Kennedy Jr. Promises to Back US Dollar with Bitcoin if Elected President
Robert F. Kennedy Jr. Promises to Back U.S. Dollar with Crypto Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC)…
How Bitcoin’s Dominance Bleeding Altcoins in Q2: CoinGecko Analysis
Cryptocurrency Market Performance in Q2 2023 The second quarter of 2023 was a positive one for Bitcoin, as its market dominance rose against altcoins, according to CoinGecko. On July 18,…
On-chain Data Shows Growing Interest in Crypto as Bitcoin Price Falls to $29.5K
The price of Bitcoin (BTC) dropped below the $30,000 level on July 18, something that may have come as a surprise to retail investors considering the events of the last…
Fidelity Crypto Survey Reveals 47% of Investors Expect Ethereum to Surpass Bitcoin
Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term is positive. Year-to-date, Ether…
Mark Yusko Predicts Speculative Blow-Off Top in 2024 Bitcoin Rally
The Rise of Crypto Mark Yusko, the chief investment officer and founder of Morgan Creek Capital, believes the application for a Bitcoin exchange-traded fund (ETF) by BlackRock has ignited the…
Bitcoin Bulls Aim for $30K as BTC Price RSI Resets
As bulls refused to let go of the $30,000 support, Bitcoin (BTC) was targeting new month-to-date lows at the July 18 Wall Street open. This week, crypto-related topics such as…
SEC Approves Nasdaq Rulemaking for Bitcoin ETF ‘BRRR’ Spot
Valkyrie’s Bitcoin ETF Proposal Accepted by SEC The United States’ Securities and Exchange Commission has accepted Valkyrie Crypto.com’s Bitcoin (BTC) exchange-traded fund (ETF) proposal for official review. According to data…
Why Bitcoin Price is ‘Stuck’ at $30K – Exploring 3 Reasons
Bitcoin (BTC) has been lingering around the $30,000 mark for almost a month, but according to the recent analysis from CryptoQuant, this is no mere coincidence. In their July 17…