News BTS
Arkham Intelligence analysts have revealed $700 million in UAE bitcoin reserves. It was Royal Group that mined the asset for the specified amount through Citadel. However, the US remains the leader in the amount of bitcoins on the government's balance sheet.…
Gold fanatic economist Peter Schiff has been hailed as Bitcoin's worst critic, constantly predicting a sad end for the cryptocurrency. The rating of BTC haters was compiled taking into account the number of predictions for the death of the cryptocurrency made…
Acryptoinvest.news: Strategy announced a new Bitcoin purchase on Monday, adding 3,081 BTC worth $356.9 million at an average price of $115,829 per coin, according to an 8-K filed with the U.S. Securities and Exchange Commission. The purchase increased the company’s treasury…
The whale sold 24,000 BTC worth $2.7 billion, causing the price to plummet by $4,000. Over $70 million in long positions were liquidated as BTC fell below $111k. Analysts believe that $111,000 is the main accumulation zone despite short-term weakness. Bitcoin…
After rising to a historical maximum of $124,000, Bitcoin has entered a correction phase. Pressure from large traders remains, which is causing concern among investors. This was stated by CryptoQuant analyst BorisD. He emphasized that against the backdrop of the decline,…
Bitcoin is going through volatile times as it tries to recover from its plunge to $112,500. BTC is currently trading at $112,425, just above key support Let's figure out what's happening in the Bitcoin (BTC) market and what to expect from…
From August 18 to 22, investors withdrew $1.17 billion from spot Bitcoin ETFs. The leader in outflows was the IBIT fund from BlackRock, which lost $615 million. Source: SoSoValue. Instruments based on the second-largest cryptocurrency also saw withdrawals of $237.73 million,…
Strategy is preparing for its third Bitcoin purchase in August. Co-founder Michael Saylor has hinted again about an upcoming cryptocurrency purchase, the third this month. Another purchase amid falling stocks Strategy last bought bitcoin on August 18, spending $51.4 million on…
On the evening of August 23, Bitcoin was trading around $115,000 with a market cap of $2.29 trillion and a daily trading volume of $47.99 billion. The intraday price range extended from $111,764 to $117,310, indicating consolidation after the recent sharp…
Acryptoinvest.news: Bitcoin transaction fees have fallen to their lowest in over a decade as public sentiment over a Federal Reserve rate cut reaches a fever pitch, casting doubt on the market's sustainability. According to Glassnode, daily transaction fees on the Bitcoin…
Bitcoin has set a new historical record. The Realized Cap indicator has exceeded $1 trillion for the first time. This indicator reflects the value of coins at the time of their last movement and shows the real indicator of the network.…
A 1% allocation from global pension funds could trigger a supply shock, sending the BTC price to $175,000. With less than 2 million BTC on exchanges, an influx of $600 billion would create enormous price pressure. A new cryptocurrency bill is…