As large investor purchases accelerate in the Bitcoin market, the possibility of $BTC surpassing the $70,000 level is also being discussed. According to the latest data, Bitcoin whales have purchased approximately $1.2 billion worth of $BTC since July 29th. The recovery in demand from large investors is partially offsetting some of the recent concerns in
Federal Reserve Chairman Kevin Warsh is reportedly prepared to support a rate hike at the September meeting if inflation data, due to be released in the coming weeks, remains high. According to a Financial Times report citing sources close to Warsh, the Fed chairman is open to tightening monetary policy if inflation comes in stronger
Bitcoin’s $BTC$64,287.02 on-chain and ETF data point to renewed buying pressure among large players, offering a cushion against disappointment over the CLARITY Act’s stalled progress. Blockchain data tracked by Santiment shows that whales and sharks, or wallets holding 10 $BTC to 10,000 $BTC, have accumulated over 20,000 $BTC, worth $1.2 billion at the ongoing market
Bitcoin has spent weeks oscillating between roughly $60,000 support and $66,000-$67,000 resistance, frustrating both bullish and bearish traders. Even with all the macro news and ETF developments, the market has failed to establish a sustained trend. However, this points to an important lesson: some of the biggest trading losses occur not during crashes or rallies,
In a Diary Of A CEO interview with Steven Bartlett, Strategy Executive Chairman Michael Saylor has said Bitcoin ($BTC) represents “Digital Capital” and artificial intelligence (AI) represents “Digital Intelligence.” Saylor described them as the technologies reshaping finance, business, and productivity. He said also the combination of scarce digital assets and AI could create new economic
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Bitcoin price rejected near $65,000 According to data from crypto.news, Bitcoin ($BTC) price traded at $64,384.27 at press time, marking a 0.69% decline over the previous 24 hours. The pullback followed another
A bitcoin wallet that had been dormant since 2011 moved nearly 50 $BTC worth about $3.2 million on Thursday, shifting the coins to an address with a history of sending bitcoin to institutional crypto brokerage FalconX. The wallet received the coins on July 16, 2011, when bitcoin traded around $10, and had not spent them
Bitcoin whales accumulated 38,000 $BTC through accumulation addresses, reducing the amount of available supply on exchanges. The estimated average purchase price is near $70,000, creating a critical market level. Analysts believe the move could represent long-term confidence or an attempt to recover losses, making whale activity a key factor for Bitcoin’s next direction. Large holders
Uniswap has dismissed claims that its 4x cheaper token launchpad called ‘ Trade Pools’ is designed to “extract” most value from users. The new launchpad set a 0.25% trading fee compared to 1% charged by some players. For some critics, Pools was all out to undercut other memecioin lauchpads on Robinhood, such as Pons. But