A notable Bitcoin whale, identified as 12QVs…oN2qo, recently made headlines for accumulating nearly $400 million worth of Bitcoin between July 30 and 31. This strategic move indicates the whale’s confidence in Bitcoin’s future price trajectory and the potential for substantial profits. Strategic Withdrawal from Binance The whale’s significant purchase of 5,800 BTC from Binance further
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Bitcoin (BTC) has been known to experience market volatility and price fluctuations, making it challenging for investors to determine the best times to buy this pioneer cryptocurrency. However, a crypto analyst going by the name of ‘Stockmoney Lizards’ has recently shared insights on key price levels that investors should keep an eye on for potential
The stablecoin market saw a 2.11% growth in total market capitalization in July, reaching a staggering $164 billion. This growth trend has been consistent for the past ten months, signaling a steady ascent for major stablecoins. Tether, the leading stablecoin, experienced a 1.61% increase to $116 billion, setting a new all-time high. This indicates Tether’s
In a recent price analysis, a crypto analyst has pointed out a crucial support level for Bitcoin (BTC) that could potentially determine the future price movement of the pioneer cryptocurrency. The analyst, known as DonAlt, emphasized the significance of the $63,000 support level for Bitcoin and warned of a possible price crash to $42,000 if
Telegram, a popular social messaging platform, has recently unveiled a groundbreaking feature – a new in-app browser with built-in Web3. This feature is set to transform the way users interact with decentralized websites and applications, making it easier and more convenient than ever before. With close to a billion users globally, this new browser is
The cryptocurrency market faced significant volatility this past week, with Bitcoin experiencing a steep drop of ten thousand dollars from Monday to Sunday morning. The dramatic fluctuation in prices can be largely attributed to factors stemming from the United States. At the beginning of the week, Bitcoin’s price surged by three thousand dollars on Monday,
California’s Department of Motor Vehicles (DMV) has taken a bold step in modernizing its operations by digitizing 42 million car titles using the Avalanche (AVAX) network. This move is part of a collaborative effort with software development firm Oxhead Alpha to streamline the state’s title transfer process. By embracing blockchain technology, the DMV aims to
Bitcoin (BTC) miners could potentially experience less selling pressure in the coming weeks due to a combination of factors. As reported by CryptoQuant, there has been a significant increase in the profitability of miners following the recent rally of Bitcoin to $69,000. Additionally, the hashrate of the Bitcoin network has also made a strong recovery,
Cryptocurrency has taken the financial world by storm, with more and more individuals jumping into the digital asset space. One key aspect of this industry is crypto journalism, where writers delve into the complexities of blockchain technology and digital currencies to provide insights and analysis. One such writer making waves in this field is Semilore
The recent economic uncertainty in the US has had a significant impact on the cryptocurrency market, particularly on Bitcoin. In the past day or so, Bitcoin’s price has plummeted to $60,500, marking its lowest point in almost three weeks. This downward trend was exacerbated by the weak job report in the US, which indicated a