Bitcoin Price Rally Explained Bitcoin price recently surged to $65,000, a significant milestone that caught the attention of many market participants. This remarkable rally was primarily fueled by a unique set of circumstances that led to a temporary shortage of sellers in the market, according to Glassnode data. Key Factors Contributing to the Rally: German […]
Bitcoin Traders See Bright Future with BTC Above $65K Multiple indicators suggest a bullish trajectory for Bitcoin following recent price movements. Bitcoin price surpassed $65,000 on July 16, driven by positive market sentiment. Concerns about a potential drop to $58,000 persist as Mt. Gox transfers large amounts of BTC. Despite challenges, experts remain optimistic about […]
Kraken informs users about Mt. Gox reimbursement funds Mt. Gox, which collapsed in 2014, has started reimbursing affected parties in Bitcoin and Bitcoin Cash. Kraken users received an email from the exchange regarding the receipt of Mt. Gox reimbursement funds. Funds will be distributed within seven to fourteen days. Arkham Intelligence flagged a transfer of […]
Bitcoin bears trapped, but can BTC price surpass $70K by August? Bitcoin price has confirmed its price reversal, but can it reclaim the $70,000 mark before the end of summer? Bitcoin price reverts to bull trend: analyst Can Bitcoin reclaim $70K next month? Bitcoin price reverts to bull trend: analyst Bitcoin’s price has recovered from […]
Craig Wright’s Claims Debunked by London Judge A London judge has referred Craig Wright for alleged perjury after his claims of being Bitcoin’s creator were debunked. Craig Wright’s false claims of being Satoshi Nakamoto London judge referral for alleged perjury
Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows. Bitcoin sentiment swings Bitcoin sentiment has moved from “extreme fear” to “greed” and “FOMO” in just a matter of days. Investors […]
Metaplanet buys another $1.2M of Bitcoin amid rebound toward $65K Metaplanet’s share price spiked 22% in the first 30-minutes on the Tokyo Stock Exchange following the news on July 16. Bitcoin-stacking investment firm Metaplanet has purchased another 21.88 Bitcoin — worth over $1.2 million (200 million Japanese Yen) — amid the recent Bitcoin rally, driving […]
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Plaintiffs in a years-long class-action lawsuit against Tether and Bitfinix filed an amended complaint accusing the companies of manipulating crypto prices through a deceptive scheme involving USDT, Tether’s dollar-backed stablecoin, according to […]
Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC. The top 100 “dustiest Bitcoin addresses” hold more than $88 million worth of BTC, accumulating more than 530 BTC since January 2023. Dusty […]
Bitcoin Weekly Funding Rate Indicates Caution Among Investors Bitcoin is currently trading above $63,000, but the futures weekly funding rate is showing that professional traders are exercising caution. Bitcoin price surged 9.7% from July 13 to July 15, reaching around $63,500. However, the $65,000 resistance level has remained unbroken for four weeks. BTC derivatives markets […]
