According to on-chain data, Bitcoin’s largest holders are currently in the middle of a massive accumulation campaign. According to blockchain analytics firm Santiment, the amount of Bitcoin held by “whale” addresses (wallets with over 1,000 $BTC) has rebounded sharply to 7.17 million $BTC. This is the highest level since March 14, which indicates that there […]
Cryptocurrency exchange Kraken has stated that Bitcoin ($BTC) has entered a significant buying zone for long-term investors. According to recent analysis, the Bitcoin price hovering near the 200-week simple moving average (SMA) presents a picture historically associated with strong buying opportunities. Kraken’s assessment highlighted that the 200-week moving average is one of the most important […]
Matt Hougan, Chief Investment Officer (CIO) of Bitwise, a leading institutional investment firm in the cryptocurrency markets, predicted that the next bull cycle will proceed more slowly and have lower volatility compared to past bull markets. Hougan stated that the shift in investor interest beyond cryptocurrencies to other technology trends such as artificial intelligence played […]
Strategy executive chairman Michael Saylor says the company’s core purpose is creating financial products backed by Bitcoin ($BTC), a business model he compared to a reserve bank. According to him, Bitcoin’s next stage of development should be about building a layered capital market around it. From Digital Gold to Digital Architecture In a June 16 […]
The two-day meeting of the U.S. Federal Reserve’s open market committee (FOMC) will conclude on the 17th of June. The Fed’s new chair, Kevin Warsh, will make the rate-related decision on the same day. The FedWatch Tool showed that the market has all but decided that the Fed would hold the interest rate steady at […]
Congressman Nick Begich (R-AK) sat down with the Bitcoin Policy Institute at PubKey in New York for a wide-ranging conversation that touched on his path from startup founder to Capitol Hill, his landmark American Reserve Modernization Act, and the dual promise and peril of artificial intelligence. The interview offered a window into one of Congress’s […]
Bitcoin is trading near a level it has usually reached only late in bear markets, and it has held there even after the hottest U.S. inflation print in three years. Checkonchain data show BTC fell toward close to its 200-week average, a rough four-year trend line watched by long-term holders. The model puts bitcoin in […]
Bitcoin (BTC) whales accumulated more than 30,000 BTC over the past week, a development that has strengthened the bullish case for the cryptocurrency and prompted a new price prediction from ChatGPT. In particular, wallets holding between 10 and 10,000 BTC increased their combined holdings from approximately 4.24 million BTC to 4.27 million BTC over the […]
Bitcoin’s recovery has slowed after reaching a key resistance cluster, with the asset now consolidating beneath an important supply zone. The latest price action suggests that bulls are attempting to maintain momentum, but the market remains at a critical level where the next breakout or rejection could determine the short-term trend. Bitcoin Price Analysis: The […]
A Polymarket trader known as “fishalive” turned approximately $428,000 into more than $4.7 million in just 90 minutes after betting against Spain winning its FIFA World Cup match against Cabo Verde. The trade was placed ahead of Spain’s June 15 World Cup fixture, where prediction markets gave the European side roughly a 90% chance of […]