Search Results for: Bitcoin

As per data available online, the total supply in addresses holding 1,000 $BTC or more has hit a two-year peak.

Bitcoin whales reach new heights amid ETF launch

Earlier this month, Bitcoin experienced a sharp drop to $53,550, its lowest point in five months.

Bitcoin’s resurgence: Price hits $62,000 mark after volatile month

JPMorgan’s recent report notes that a potential broader crypto market in August could benefit altcoins too. If Bitcoin’s price rises in August, altcoins could recover as well.

Bitcoin and altcoins poised for August recovery, JPMorgan forecasts

The development differs from SEC Chairman Gary Gensler’s previous statements, which suggested only Bitcoin was a commodity, and most other tokens should be regulated as securities.

Bitcoin and Ethereum officially commodities: Key takeaways from CFTC hearing

Bitcoin dropped more than 8%, post the news of Mt. Gox’s repayment, hitting $53,350 which is its lowest in five months.

Mt. Gox distribution pushes Bitcoin under $54K

Analysts note that while Bitcoin may face selling pressure due to $8.5 billion being returned to creditors of the collapsed exchange Mt. Gox, Ether's price action is poised for a significant boost from the new ETFs.

Ethereum forecast to outshine Bitcoin after ETF debut

From July to October, Mt. Gox creditors are set to receive 142,000 Bitcoins. Although the deadline for distribution is October, JPMorgan analysts believe most repayments will occur in July.

Crypto market on edge as Mt. Gox starts $9B Bitcoin repayment

The increased buying activity suggests that these large investors view the recent lows as an opportunity for further accumulation, despite widespread FUD in the market.

Market dip ignites strong buying from major Bitcoin investors

Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.

Bitcoin price prediction: What’s driving the latest downturn?

Brollups will support over 90% of DeFi use cases upon launch without needing a hard fork or issuing a non-Bitcoin token.

New ‘Brollups’ by Bitcoin hacker aims to boost DeFi transactions