Arthur Hayes, a renowned thought leader in the crypto industry, has warned Bitcoin investors to prepare for a potential 40% dip in March due to macroeconomic factors. In a recent blog post, Hayes highlighted three key reasons why March will be a pivotal month for Bitcoin.The Bank Term Funding Program (BTFP), established after the 2023 […]
Ethereum’s cofounder, Vitalik Buterin, recently made a significant transfer of USDC, a stablecoin pegged to the U.S. dollar. The Vitalik Buterin-labeled address moved 3,300 USDC in the early hours of today. The reason for the transfer was a simple reshuffling of funds, as the said 3,300 USDC were moved to a new address.The Ethereum market […]
Ethereum whales have been consistently purchasing more of the altcoin, indicating their ongoing support. The buying activity has particularly escalated in recent weeks. On-chain data from Santiment shows that Ethereum’s largest private wallets now hold a record 56.25 million ETH, which accounts for 46.8% of the total circulating supply of the cryptocurrency.Currently, Ethereum is trading […]
In a significant move, a whale known as ‘0x931’ has acquired $48 million worth of Ethereum, at an average price of $2,265 per coin. This recent purchase has bolstered their holdings to a hefty 80,000 ETH. The cryptocurrency has shown stability in its value, keeping a price above $2,150 since the start of the year, […]
Renowned crypto analyst CrediBULL Crypto has made a bold prediction about the potential price surge of Ethereum (CRYPTO: ETH) in 2024. In a recent post, the analyst suggested that Ethereum could reach five figures in the coming year, with a minimum price target of $10,000. This would represent a potential gain exceeding 343% from its […]
Ethereum whales, individuals or entities holding a significant amount of the digital asset, are making substantial purchases in anticipation of a potential price surge. On-chain data from the past week reveals several wallets capitalizing on price volatility to buy Ethereum.A notable Ethereum whale, known as ‘0x9314’, spent $48 million to buy 21,192 ETH at an […]
Bitcoin (BTC) has started 2024 on a high note, recording a 3.18% gain in the first week of the year, as per data from CoinMarketCap. The leading cryptocurrency is anticipated to usher in a bullish crypto season, with many investors awaiting the immediate approval of Bitcoin spot ETF proposals by various asset managers.Despite the impending […]
Marathon Digital Holdings has made a significant mark in the cryptocurrency mining industry, setting a new record by mining 1,853 Bitcoin in December 2023. This achievement not only surpasses the company’s previous records but also sets a new high in the entire Bitcoin mining sector.The Florida-based company’s output in December represented a 56% increase over […]
Dennis M. Kelleher, Co-Founder and CEO of Better Markets, a non-profit organization dedicated to promoting public financial interest, has issued a strong warning to the US Securities and Exchange Commission (SEC) against the approval of Bitcoin spot ETFs. This comes at a time when market analysts are hopeful that the SEC will approve several applications […]
John Bollinger, the legendary Bitcoin (BTC) trader and creator of the Bollinger Bands strategy, has expressed an optimistic view on Bitcoin’s future. In a recent post, Bollinger suggested that Bitcoin’s price is likely to “break higher” from its current levels. This prediction is based on his analysis using the Bollinger Bands chart, a technical analysis […]
