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April 08, 2023
On-chain data indicates that Bitcoin is currently in an accumulation phase.
According to Glassnode, there are several indicators that suggest bitcoin (BTC) is presently in an accumulation phase.
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April 04, 2023
Analyst McGlone Claims Bitcoin is Unassailable
Bitcoin is considered "untouchable" by senior commodities analyst Michael McGlone, as it is more decentralized than other cryptocurrencies
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April 03, 2023
After Twitter Logo Change, Dogecoin Spikes while Bitcoin Falls to $27.5K
According to an analyst, BTC requires a catalyst to surpass the $30,000 mark. Meanwhile, DOGE experienced a surge in value following Twitter's alteration of its logo to the dogecoin symbol.
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March 31, 2023
41,000 Silk Road-associated bitcoins will be auctioned by the US
The US government is making arrangements to sell around 41,000 Bitcoins that were associated with the notorious Silk Road marketplace. The revenue generated from the auction will be utilized for the benefit of the US Treasury.
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March 29, 2023
Novogratz Advocates for Crypto Regulations and Identifies AI as a Genuine Menace
Mike Novogratz, the founder and CEO of the company, appealed to US authorities for a more lenient regulatory approach towards cryptocurrencies
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March 27, 2023
MicroStrategy Repays Silvergate Loan and Increases Bitcoin Holdings
Last March, MicroStrategy, a software company co-founded by crypto enthusiast Michael Saylor, borrowed $205 million from Silvergate Bank. However, in a recent filing with the U.S. Securities and Exchange Commission, the company disclosed that it has prepaid the remaining principal of the loan from the now-defunct crypto-focused bank. MicroStrategy holds a significant amount of bitcoin (BTC).
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March 23, 2023
Do Kwon, Co-founder and CEO of Terraform Labs, reportedly apprehended in Montenegro.
The Montenegrin authorities have apprehended Do Kwon, the CEO and co-founder of Terraform Labs based in Singapore, who is widely regarded as the most wanted fugitive in the world.
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March 23, 2023
Amidst Increased Whale Activity, Bitcoin's Realized Price Continues to Rise
In March, Bitcoin (BTC) experienced an abrupt decline following a string of bank failures, causing the price to plummet to $19,500 by March 10th. The downward trend persisted for nearly two weeks. However, BTC made a strong comeback just a week later, reaching a ten-month high of $28,803, as reported by crypto.news.
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March 20, 2023
Bitcoin Futures' Open Interest Reaches Annual Peak of $12 Billion
According to popular belief, an increase in open interest during a surge in prices validates an upward trend. The value of the US dollar locked in open bitcoin (BTC) futures contracts is on the rise, indicating a rise in speculative interest and the possibility of price fluctuations. Coinglass data reveals that the open interest's nominal value has hit a yearly peak of $12 billion, representing a 7% increase for the month.
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March 19, 2023
Americans Lose Over $10 Billion to Crypto Scammers in 2022
Approximately a quarter of the $10.3 billion lost by Americans to online scams in 2022 was attributed to losses in crypto investments.