Bitcoin addresses, classified as HODLing, now control a whopping 2,851,608 BTC or roughly 15 percent of the total supply, GlassNode records directly reveal. A Bitcoin HODLer Paradise The expansion of HODLer addresses is presently at a 3.5 year high, adding 22 percent year-on-year. Last week alone, 80k BTC were moved […]

Bitcoin continued its weekly bull run into the early Thursday session in Asia but met modest selling pressure as its price attempted to topple a short-term resistance level. The flagship cryptocurrency brief breached $38,000 before turning lower ahead of the European market open. That marked its second attempt in less […]

Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin. Data fetched by blockchain analytics platform, CryptoQuant, showed exchanges’ stablecoins reserves hitting a record high of 5.47 billion after adding $600 million in a […]

The UK-based Ruffer Investment Company Limited (“Ruffer”) has revealed it sold $70 million worth of bitcoin after the value of its initial investment in the flagship cryptocurrency surged over the last few months. In total, according to The Telegraph, the company is up by $750 million on its 2.5% bitcoin […]

The euro has turned downwards against the dollar after reaching a two year high at $1.235 per euro. Since January the currency has lost 3.5 cent to now $1.2, seemingly reversing a dollar weakness trend. This may be because the European economy is expected to contract again this quarter due […]

Coinbase – one of the largest cryptocurrency exchanges in the United States – can’t seem to handle it whenever there’s a major crypto rally. The exchange always seems to undergo technical problems and sometimes even experiences temporary shutdowns. As traders witnessed late last week, the recent bitcoin surge was no […]

Grayscale has announced they bought 7,756 bitcoin, worth more than $255 million, in their latest filing with the Securities and Exchanges Commission (SEC). They Grayscale Bitcoin Trust (GBTC) said they issued another 8 million shares with each worth just under 0.001 bitcoin. So bringing their total shares to 684,116,800, or […]

While some parts of the world are stifling the rise of Bitcoin, others are embracing it. The city of Miami is ready to set the tone for the future of Bitcoin, thanks to its current mayor’s pro-Bitcoin plans. Miami is making a major move to adopt Bitcoin, faster than any […]

Bitcoin expects to undergo major price swings in the coming sessions as its price volatility hits its lowest levels in more than a month. The benchmark cryptocurrency has chartered lower highs and lower lows (wedge) since the beginning of January, and a lack of strong market bias has both bears […]