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Analysis Shows Bitcoin Whales Are Stockpiling, but ‘BTC Ownership Is Not Highly Concentrated’

During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of people. Recently, Bloomberg claimed that “2% of accounts control 95% of all bitcoin,” a claim that doesn’t hold weight to onchain analysts. On Tuesday, Glassnode researcher […] дальше »

2021-2-4 20:00


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CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency

A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the Supreme Court of Korea determined […] дальше »

2021-1-15 17:00


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JPMorgan Predicts $600B Institutional Investment in Bitcoin

Analysts at Wall Street Banking giant JPMorgan are predicting an increase in institutional Bitcoin (BTC) investment from insurance companies and pension funds. In recent months, BTC has become something of a coveted investment vehicle on Wall Street with several publicly-listed firms electing to hold the largest crypto by market capitalization as a treasury reserve assetRead MoreRead More. дальше »

2020-12-15 18:01


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Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the DeFi space This will drive transactional volume and buy-side pressure for ETH […] дальше »

2020-10-25 22:00


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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend

Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […] дальше »

2020-10-19 01:00


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187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June

Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen customers steadily drain 187,000 bitcoins ($2. дальше »

2020-10-18 01:00


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This Whale Trend Indicates a Flood of Retail Investors Will Soon Launch Bitcoin Higher

Bitcoin’s price action as of late is finally beginning to reflect the fundamental strength incurred throughout the past several months Virtually all on-chain metrics are currently playing in bulls’ favor, while other fundamental developments – like the adoption of BTC as a reserve asset – also give it a boost This fundamental strength may be what helped lead the cryptocurrency up from recent lows of $9,900 to highs of $11,700 that were tapped just days […] дальше »

2020-10-14 02:00


This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin

The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […] дальше »

2020-10-10 02:00