Bitcoin: Why the second phase of BTC’s bull run is almost here – AMBCrypto News
Addresses holding 10-100 BTC are beginning to accumulate more coins. Increased volatility could see Bitcoin hit $80,000 by end of Q3. Since Bitcoin [BTC] The failure to re-touch the all-time highs hit in March led to speculation that the bull market was over, but AMBCrypto found that this was not the case. Rather, Bitcoin appears […]
Bitcoin bank proposal gains momentum in El Salvador – Cointelegraph
El Salvador’s pro-Bitcoin President Najib Bukele has proposed establishing a private investment bank in the country that, if approved, would give Bitcoin (BTC) investors access to financial services with fewer regulations compared to traditional banks. “As part of El Salvador’s economic plan, we propose a BPI (Private Investment Bank), which will allow us to diversify […]
MicroStrategy proposes $500 million convertible note offering to acquire more bitcoin – The Block
Business intelligence company and corporate bitcoin holder MicroStrategy is seeking to raise $500 million through a convertible note offering, with an option for an additional $75 million. The company said it will issue the notes due 2032 in a private placement to qualified institutional investors, subject to market conditions and other factors. statement These are […]
Cryptocurrencies fall as investors await Fed decision, bitcoin dips under $67,000 – CNBC
Cryptocurrencies fell sharply on Tuesday as Bitcoin continued its recent decline and investors awaited the Federal Reserve’s next interest rate decision. Bitcoin prices fell more than 4% to $66,475, according to Coin Metrics, extending a decline that began on Friday when Bitcoin dropped from the $70,000 level. Ether fell 6.1% to $3,452.02. Cryptocurrencies in general […]
Bitcoin volatility hovering within 6% of record low levels – Cointelegraph
Bitcoin prices were largely unchanged in the 15 days leading up to its June 7 crash, near the lowest price ever recorded over an entire 15-day period in Bitcoin’s history. According to Rafa Zagury, chief investment officer at Swan Bitcoin, the period from May 24 to June 7 was in the “bottom 6% of occurrences” […]
Bitcoin: Record high BTC accumulation by whales, will prices follow? – AMBCrypto News
Whales have accumulated large amounts of BTC in the past few days. Interest from retail investors was strong, and open interest surged. Whales have accumulated large amounts of Bitcoin [BTC] Data suggests that buying by large investors in Bitcoin has surged again over the past few weeks, hitting a two-month high. Their bitcoin holdings are […]
Bitcoin: A surge in US money supply the key for BTC’s next big move? – AMBCrypto News
Analysts are predicting that BTC could rise after the U.S. money supply saw a record increase. However, short positions against BTC have been increasing sharply, raising concerns of a price correction. Bitcoin [BTC] The price has been stuck in a consolidation range between $60,000 and $70,000 for several weeks, creating a tedious situation for speculators […]
Why Bitcoin Could Reach Historic Highs: A Glassnode Analysis – Cointribune EN
8:30 p.m. 3 Takes a few minutes to read ▪ Luc Jose A. Bitcoin is on the brink of a historic milestone that will propel it to unprecedented heights. The co-founder of Glassnode, a company that specializes in blockchain analytics, recently expressed unprecedented optimism about the future of the flagship cryptocurrency. With technical resistance to […]
Bitcoin exchange balances decline to five-year low, major outflows from Binance and Coinbase signal long-term holding strategies – CryptoSlate
On-Chain Highlights meaning: Exchange Balance The total amount of coins held in the exchange address. Bitcoin balances on exchanges continue to decline and have hit significant lows. The latest data shows that total balances on exchanges have fallen below 2.3 million BTC, the lowest since March 2018. The main driver of this change is a […]
Bitcoin just had its best May since 2019 despite 'predatory' 3% BTC price dip – Cointelegraph
Bitcoin (BTC) traded at $67,500 through June 1 as last-minute price movements saw bulls miss their final challenge at a key resistance level. BTC/USD 1-hour chart. Source: TradingView Bitcoin maintains 11% monthly gain Data from Cointelegraph Markets Pro Trading View BTC/USD traded flat at the monthly close after recovering from the weekly lows. These stemmed […]