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Tether plans $500M investment into Bitcoin mining operations

In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward Bitcoin (BTC) mining. As reported by Bloomberg, Tether plans to invest approximately half a billion dollars over the next six months, a move that could significantly alter the dynamics of the […] The post Tether plans $500M investment into Bitcoin mining operations appeared first on CryptoSlate. дальше »

2023-11-16 19:40


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Market braces for U.S. impact after Bitcoin longs face $20 million liquidation wave

Quick Take In the past 12 hours, trading markets in Europe and Asia witnessed approximately $100 million in liquidations, intriguingly split into $65 million long and $30 million shorts. The dominant digital asset, Bitcoin, bore the brunt of these liquidations with $20 million, predominantly in long positions, just ahead of Ethereum with $17 million longs […] The post Market braces for U. дальше »

2023-11-16 17:55


Bitcoin whale activity surges, hits 30% of total transaction volume

Quick Take A noticeable resurgence of whale activity, involving transactions of $10 million or more, has been observed in the entity-adjusted relative on-chain volume breakdown. The volume of these large-scale transactions recently breached the 30% mark of all transactions, an occurrence only seen once this year during a brief period in October. дальше »

2023-11-16 17:35


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Analyzing Bitcoin’s supply trends as surge in long-term Bitcoin holdings points to investor confidence

Monitoring the movement of Bitcoin‘s supply, particularly when categorized by the time since last active, is pivotal for understanding investor behavior and forecasting market trends. This analysis sheds light on the current state of Bitcoin holdings and provides critical insights into its future movements. дальше »

2023-11-16 17:00


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Ethereum (ETH) and Everlodge (ELDG) bullish as Grayscale moves closer to Bitcoin ETF

Cryptocurrency enthusiasts are awaiting the approval of the Bitcoin (BTC) ETF in the United States and Grayscale, a prominent player in the crypto space, is inching closer to realizing this dream. Meanwhile, Ethereum (ETH) and Everlodge (ELDG) are demonstrating strong bullish price movements, adding to the excitement in the crypto market.  This article will dive […] дальше »

2023-11-16 13:14