According to Wale Alert, 7,979 BTC was transferred from an anonymous address to a Coinbase Prime address about 3 hours ago. That's $4.9 billion. Large transfers to crypto exchanges are often cited as evidence of a bear market. The graph of Bitcoin accumulation on Glassnode shows a decline after a...
Crypto data provider Alternative's self-estimated "Fear-Greed Index" fell 10 points from the previous day to 57. Fear worsened, but the greed stage remained. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating...
Investors from mainland China are unlikely to be able to invest in Hong Kong's Bitcoin (BTC) spot exchange traded fund (ETF), Bloomberg Intelligence analysts report. China has one of the world's most restrictive stances on cryptocurrencies after banning token trading and mining in the country in...
According to Spot on Chain, an alleged Celsius address deposited 8,091 ETH (approximately $24.5 million) into Coinbase 9 hours ago. This is the largest deposit the address has made in the last three months. The address had previously deposited 847,626 ETH (approximately $1.9 billion) to various...
With two days to go before Bitcoin's (BTC) halving, Joel Kruger, an analyst at fintech firm LMAX Group, told cryptocurrency media outlet Coindesk that he doesn't expect much upside momentum from the halving. "However, I do think there is room for a rally, as this is the first halving since the...
Michael Saylor, the chairman of MicroStrategy, who has been consistently bullish on Bitcoin, has shared a meaningful message about Bitcoin that has caught my attention. "You can't say you don't see what you don't see," he wrote on X (formerly Twitter) on Friday (local time). Michael Saylor is a...
"Bitcoin could repeat its 2019 fakeout rally," Jason Pizzino, a popular YouTuber and cryptocurrency trader, said in a YouTube broadcast, according to the Daily Hoarder. "In the past few months, the price of Bitcoin has surged from around $2.5k to $7.4k. This is similar to what happened during the...
U.S. Federal Reserve (Fed) Chairman Jerome Powell has finally turned from a "dovish" (favoring monetary easing) to a "hawkish" (favoring monetary tightening). He said on Saturday (local time) that inflation came in higher than expected for the third consecutive month earlier this year, citing a...
"Hong Kong's Securities and Futures Commission (SFC) approved the launch of Bitcoin and Ethereum (ETH) spot ETFs on Friday, raising the possibility that regulators in South Korea, Japan, Singapore, and other countries will follow suit and allow cryptocurrency spot ETFs," cryptocurrency media...
European Central Bank (ECB) President Christine Lagarde said the central bank will cut its benchmark interest rate in the absence of a major shock, according to the Daily Mail. "We are observing a disinflationary process that is moving in line with our expectations," Lagarde said in an interview...
Blockchain analytics firm Arkham Intelligence has released a list of the top 10 richest people in crypto and the coins they hold. "We are releasing information about the coin rich on our platform," the company said. It did not explain how the list and coin details came to be known. Some of the...
According to DeCrypt, investment firm Bernstein has released a report that suggests Bitcoin miners are competing with artificial intelligence (AI) data centers in Texas. "Bitcoin mining is a task that requires the use of many computers and the energy that comes with it. The burgeoning AI industry...