The recent surge in the price of Bitcoin has attracted the attention of many investors and traders. With the price hitting new all-time highs, it is important to consider the role that large whales play in the market and how their selling can impact price volatility. Crypto analyst Ali Martinez has pointed out that large
Bitcoin
Bitcoin (BTC) has seen a remarkable surge in value this week, surpassing the $73,000 mark and entering uncharted territory. This impressive jump in price can be attributed to the actions of two major players in the financial world – BlackRock and MicroStrategy. BlackRock, a leader in asset management, filed with the SEC to potentially include
Ethereum (ETH) has been making waves in the cryptocurrency market recently, with its price surpassing the $4,000 mark for the first time since December 2021. This significant milestone has left investors feeling a mix of excitement and apprehension, as they try to navigate the uncertain waters of the crypto market. With a market capitalization of
Recently, CryptoQuant founder Ki Young Ju voiced his concerns regarding the continuous influx of capital into spot Bitcoin ETFs. He warned of a potential sell-side liquidity crisis within six months if this trend continues. Ju highlighted that in the past week alone, spot Bitcoin ETFs saw netflows exceeding 30,000 BTC, with major players such as
The Thailand Securities and Exchange Commission (SEC) recently made a significant regulatory change by allowing the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This move opens up new opportunities for institutional investors and high-net-worth individuals in Thailand. The decision was made during a recent board
The recent surge in Bitcoin mining earnings to a record daily revenue of $78.6 million on March 7 has sparked significant interest in the cryptocurrency community. This increase in revenue comes at a time when Bitcoin’s value has experienced a 70% surge since the beginning of the year, surpassing the $70,000 threshold for the first
Coinbase, a leading cryptocurrency exchange platform, recently made headlines with its announcement of a $1 billion bond offering aimed at fueling its growth and expansion strategies. The move involves issuing unsecured convertible senior notes that are due to mature in 2030. This offering provides investors with the opportunity to convert their holdings into Coinbase shares
Bitcoin’s recent rally to a new all-time high above $70,000 has caught the attention of analysts and experts who are closely monitoring its trajectory. According to Rekt Capital, historical patterns suggest that Bitcoin typically reaches its peak within a range of 518-546 days after its halving event. However, the current cycle seems to be exhibiting
In the past 24 hours, Litecoin (LTC) has experienced a modest 1% gain in its price, rising to $96.44. This increase also reflects a 21% surge over the past week and a substantial 33% jump in the last 30 days. Despite these positive gains, LTC’s price appreciation over the past year sits at only 40%,
Ethereum (ETH) has experienced significant price growth in recent weeks, surpassing the $4,000 level for the first time since December 2021. This surge has been fueled by a variety of factors, including favorable market indicators and upcoming network upgrades. Analysts and key indicators are optimistic about ETH’s future performance, with some predicting that the cryptocurrency