Yesterday, Bitcoin (BTC) once again faced rejection around the $120,000 resistance level after briefly reaching a high of $119,760. At the time of writing, the top cryptocurrency is trading slightly lower at $118,900. However, a sharp increase in whale inflows to Binance threatens to trigger further downside pressure for the digital asset. Binance Whales Ramp […]
Leading digital asset investment firm CoinShares says that institutional inflows into crypto products have set new monthly highs in July. According to its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets just pushed over $11 billion over the last month, a new record before the month is even finished. “Digital asset […]
Cathie Wood’s Ark Invest has shifted its crypto-focused investment strategy, reducing its holdings in Coinbase, Robinhood, and Block in favor of BitMine Immersion, an Ethereum-focused treasury firm. According to Ark’s July 21 trading disclosures, the firm added 4.4 million BitMine Immersion (BMNR) shares to three of its actively managed exchange-traded funds (ETFs). This marks a notable strategic […]
by Enoch Mwathwa Michael Saylor and Strategy (formerly MicroStrategy) are preparing for another round of Bitcoin purchases. This move follows a recent post by Saylor that displayed the firm’s BTC portfolio. Investors now anticipate a potential buying announcement in the coming days. Portfolio Tracker Signals Next Bitcoin Move Michael Saylor posted an update of Strategy’s […]
A Bitcoin whale from the early 2010s, holding coins mined or acquired in Bitcoin’s infancy, recently awakened and sold 80,000 BTC. The sale was handled by Galaxy Digital, which executed the transfer of over 80,000 BTC (worth $9 billion) on behalf of this client, who is described as a “Satoshi-era” investor. Despite this massive sale […]
A widely followed analyst and trader who accurately predicted the bottom for Bitcoin (BTC) in 2018 says the crypto king is primed to go higher after a recent correction. The trader and analyst pseudonymously known as Bluntz tells his 326,100 followers on the social media platform X that Bitcoin is likely done correcting after falling […]
Major altcoins, including Ethereum and XRP, have taken a step back following a week of strong upward momentum. The broader crypto market is flashing red today as top assets face significant resistance after their recent surge. Data from CryptoSlate shows that most of the top 10 cryptocurrencies by market capitalization are trading lower. Ethereum dropped […]
by Enoch Mwathwa Shiba Inu has released a new developer hub update to support the expansion of its Shibarium network. This move is part of the project’s broader effort to boost network participation, improve interoperability, and scale its ecosystem with new tools and documentation. The upgrade also coincides with increased network activity and Shiba Inu […]
DigitalX Limited, an Australian digital Investment manager, has made headlines with a new Bitcoin (BTC) acquisition, signaling renewed institutional confidence in the market. The ASX-listed crypto fund manager has expanded its Bitcoin treasury by a whopping 74.7 BTC, marking a significant addition to its already existing holdings. DigitalX Buys 74.7 BTC In a recent X […]
A decentralized finance (DeFi) altcoin that received trading support from the crypto exchange Binance in May is seeing gains despite the dip in the digital assets market. The token of Maple Finance (SYRUP) is currently changing hands for $0.475, up by 7.95% over the past 24 hours. This comes after the DeFi platform for institutional […]
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