Bitcoin worth $1 billion on the move: What should you do now?
Large BTC addresses showed uncertainty amid market correction. Retail interest declined as whales made significant moves. As Bitcoin’s [BTC] price rose to new heights, positive sentiment around the king coin grew significantly. However, in the last few days, the bullish sentiment around…
Bitcoin: All about its latest ‘high’ as BTC falls below $67K
Bitcoin’s transaction volume sat at a two-year high at press time. BTC’s Weighted Sentiment has turned negative. Bitcoin’s [BTC] daily transaction volume has surged to its highest point since 2022, reflecting an increase in economic activity on the blockchain network. According…
Why Ethereum’s circulating supply keeps falling to new lows
Increased demand for the Ethereum network has led to a surge in burn rate. This has brought about a decline in the coin’s circulating supply. Ethereum’s [ETH] circulating supply has fallen to a new post-merge low, according to data from Ultrasound.money. In…
Are Bitcoin miners the reason why your BTC holdings fell?
Bitcoin was down by more than 5% in the last 24 hours. Market indicators hinted at a continued price decline. Bitcoin [BTC] continued to witness price corrections, as its value had dropped below the $66K mark at press time. Though there…
Edward Snowden Targets Jamie Dimon Over Bitcoin Stance, Elon Musk Breaks Silence On Tesla Accepting Dogecoin And Memecoins Make Waves: Weekend Crypto Round-Up
As the weekend closes, the crypto world has been far from quiet. From Edward Snowden’s critique of JPMorgan’s CEO to the fluctuating market performance of key cryptocurrencies, there’s a lot to catch up on. Let’s dive into some of the…
Will Bitcoin ETFs become a problem for BTC’s ‘ideology’?
As per a Bitcoin historian, ETFs are in contrast to BTC’s ideology. Amid centralization concerns, ETFs continued to record high volumes. Despite widespread acclaim, are exchange-traded funds (ETFs) genuinely advantageous for Bitcoin’s [BTC] future? This question looms large in the cryptocurrency community….
Ethereum could drop as low as $3100 – Time to rethink your moves?
Ethereum broke its lower timeframe bullish structure. The liquidation levels heatmap outlined two support zones. Ethereum [ETH] saw a sizeable pullback over the past few days after its steady bullish march over the past month. The $4.1k level was almost reached…
Expecting Bitcoin to hike after the halving? Think again because…
Bitcoin appeared to be repeating the 2020 run, an analyst noted. The true price discovery run of BTC might have to wait till September 2024. Bitcoin [BTC] posted an all-time high of $73,835 on the 14th of March according to data…
You should hold Bitcoin ‘for decades, not days,’ says this CEO
Bitcoin’s correction might actually be beneficial. Exec advocated for HODLing BTC. In a recent sharp pullback, Bitcoin [BTC] has shed some of its value from record highs. Despite this, the cryptocurrency remains up approximately 60% year-to-date (YTD). AMBCrypto previously reported how BTC’s price dropped…
Kraken exec explains Bitcoin’s looming ‘tipping point’
Bitcoin dipped below the $70,000 threshold after a recent sell-off. Exec highlighted BTC’s volatility and its relatively small market cap, predicting an improved adoption curve. In a surprising turn of events, Bitcoin [BTC] has once again dipped below the $70,000 threshold, facing…