Bitcoin's (BTC) 200-day moving average is at an all-time high of $51,178. This is a key technical indicator for predicting long-term Bitcoin price trends, suggesting a bullish long-term outlook, according to blockchain news outlet Cointelegraph. The indicator peaked on April 6, according to...
The whale address known as “Mr. 100” (starting with 1Ay8v) added 300 BTC on May 7, according to crypto analyst HODL15Capital (@HODL15Capital). This comes four days after adding 400 BTC on the previous three days. The address now holds approximately 65,962.20 BTC.
“Grayscale has just withdrawn its 19b-4 (formal request for review) filing for an Ethereum futures ETF,” Bloomberg ETF analyst James Seifart told X. “In my opinion, the filing was essentially a Trojan horse strategy, designed to create the same situation that Grayscale won in the GBTC lawsuit.”
As crypto analyst HODL15Capital (@HODL15Capital) reported on X, “With one week left before the deadline for large institutions to file their 13F reports with the Securities and Exchange Commission (SEC), 168 asset managers are now confirmed to hold the BlackRock BTC Spot ETF (IBIT). Two of the...
LookOnChain reports via X that “A wallet that has been dormant for 10 years made an external transfer of 687.33 BTC ($43.94 million) today. The address received the transfer in January 2014 for a flat rate of $917.” Meanwhile, “A whale that bought ETH a year ago appears to be selling ETH to take...
James Check, lead on-chain analyst at Glassnode, wrote on his X that “Bitcoin selling pressure has decreased dramatically compared to two months ago. This is due to more long-term investors wanting to hold BTC,” he said. “The Value Days Destroyed (VDD) multiples have cooled down over the past few...
Bitcoin collapsed to $64,000 on news that the Securities and Exchange Commission (SEC), the U.S. securities regulator, has sent a “wealth notice” to Robin Hood, the mecca of American ants (retail investors), regarding cryptocurrency (virtual currency) trading. Bitcoin is currently trading at...
The US Securities and Exchange Commission (SEC) has delayed its decision on whether to approve an Ethereum (ETH) spot ETF proposed by Galaxy Digital and Invesco, according to an account on crypto market insights platform Unfolded X.
“The U.S. Securities and Exchange Commission (SEC) has been recklessly abusing wellsnotes (notices to potential litigants seeking clarification) against the crypto industry in recent months,” said Jake Chervinsky, chief legal officer at cryptocurrency specialist Variant, according to The Block....
The U.S. cryptocurrency lobby group Chamber of Digital Commerce has criticized the U.S. Securities and Exchange Commission's (SEC) Robinhood filing move (via WellsNotes), reports Cryptoslate. In a statement, the chamber said: “The SEC's action conflicts with the regulator's duty to protect...
“A second term for US President Joe Biden will lead to massive property confiscation and crypto seizures,” Ryan Selkis, CEO of crypto data analytics firm Messari, wrote on his X (formerly Twitter) account. “They're going after people's property and spying on them at every turn. They're targeting...
According to Cointelegraph, Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, said, “I think bitcoin has bottomed with the recent decline. “I think Bitcoin has bottomed out from the recent decline, and I think we're going to see a gradual recovery through August, with the price...
