$1 Billion Bitcoin Vanishes from Exchanges: What Does It Mean for the Market?
A massive $1.19 billion worth of Bitcoin (BTC) left centralized exchanges on Wednesday, marking the largest single-day outflow in 12…
Category: Bitcoin
FTX Bankruptcy: Outrage Over $16k Bitcoin Valuation Proposal
Bankrupt crypto exchange FTX has ignited a firestorm of controversy with its proposal to significantly undervalue customers’ digital asset claims…
Grayscale Shakeup: Chairman Exits as Bitcoin ETF Awaits Verdict
As hopes for the first U.S. Bitcoin exchange-traded fund (ETF) approvals swirl in the cryptocurrency realm, Grayscale Investments, the sponsor…
Whales Unleash Mega Transactions: Bitcoin, Ethereum, and Shiba Inu See Surging Activity
Cryptocurrency whales are back in the driver’s seat, sending shockwaves through the market with record-breaking transaction volumes across Bitcoin, Ethereum,…
Bitcoin Options Expire: Will Whales’ Bets Sink BTC or Send It Soaring Past $45,000?
Fridays, for Bitcoin, often mean options expiry, and today is no different. But will this $1.1 billion options dance nudge…
BTC Whales Reemerge as Blackrock Champions Bitcoin ETF, Potentially Pushing Prices Above $50K
The saga surrounding Bitcoin exchange-traded funds (ETFs) in the United States is heating up as the Securities and Exchange Commission…
Bitcoin Mining Concentration Soars to Decade-High Levels
Bitcoin’s mining landscape is experiencing a significant shift, with a return to concentration reminiscent of a decade ago. While the…
Bitcoin Bull Run Ahead: Morgan Stanley Predicts $100K Surge After 2024 Halving
This is according to a report from Morgan Stanley, which has been bullish on Bitcoin for some time now. The…
Bitcoin Halving: A Tale of Two Markets – Understand the Pre-Halving Surge, Halving Volatility, and Post-Halving Growth
Bitcoin’s quadrennial halving events, which cut the block rewards miners receive by 50%, have long captivated cryptocurrency investors. The reduced…
Bitcoin ETF Hopes Take a Hit as SEC Delays Decision
The US Securities and Exchange Commission (SEC) has again deferred making a decision on whether to approve the first US…