Bitcoin miner accumulation reaches pace not seen since 2023: Are new BTC highs next?
Bitcoin miners’ current rate of accumulation mirrors a pattern that fueled a 48% rally in 2023, but macroeconomic risks could cap BTC’s gains.
Three Whales Buy $205M Ethereum From FalconX: Institutional Flows Accelerate
Ethereum is navigating a turbulent phase, with price action holding around key levels while volatility and uncertainty dominate the broader market. Despite the lack of clear direction, institutional appetite for ETH continues to grow, underscoring confidence in its long-term value. One of the most notable dynamics shaping Ethereum’s outlook is the shrinking supply on exchanges, […]
Polymarket Weighs $9B Valuation Amid User Surge and CFTC Approval: The Information
Polymarket, the online betting exchange where users wager on real-world outcomes, has weighed a deal that would value the company at $9 billion, according to The Information. The number marks a sharp climb from its $1 billion valuation just three months ago, when it raised funds in a round led by Peter Thiel’s Founders Fund. […]
Bitcoin Hash Rate Hits Record 1.12B TH/s as Network Difficulty Surges – Will BTC Break $117K?
Bitcoin’s hash rate, the network’s aggregate computational power, reached a milestone of 1.12 billion TH/s on September 12, according to Bitinfocharts data. The network difficulty, which measures the computational complexity required for miners to discover new blocks on the blockchain, is on track to reach a record peak of 136.04T Market analysts now suggest that […]
U.S. DOJ to Seize $584K in Crypto Linked to Iranian Drone Supplier
Key Takeaways: DOJ filed a civil forfeiture action to recover $584K in USDT tied to Mohammad Abedini, linked to Iran’s military drone program. The funds were stored in an unhosted wallet allegedly controlled by Abedini or his company, SDRA. Abedini’s firm supplied navigation systems used in IRGC drones and missiles, including one used in a […]
Bitcoin, Ether Catch Friday Afternoon Bids, Rise to Three-Week Highs
The big upside action in major cryptos of late has been in altcoins such as solana (SOL) and dogecoin (DOGE), with SOL sporting a 17% gain over the past seven days and DOGE a 25% advance. Among the bullish arguments are coming ETFs and newly-formed crypto treasury companies focusing on those two tokens. Mostly forgotten […]
Bitcoin (BTC) Is ‘Made for Us’: Altvest’s 1st Big Treasury Move in Africa
Altvest Capital, a Johannesburg-based SME financing and financial services company, has doubled down on its identity as Africa’s first Bitcoin treasury firm, saying Bitcoin is “made for us” as it eyes both shareholder value and financial inclusion through its new strategy. Altvest is formally renaming itself Africa Bitcoin Corporation (ABC) to reflect its new direction,
Dogecoin Climbs 11.3% Amid Balanced Momentum in Accumulation Range
In the meantime, the Moving Average Convergence Divergence (MACD) also indicates consistent convergence. The MACD line is positioned above the signal line with a green histogram indicating moderate bullish positioning. However, trading activity indicates liquidity on both sides, as shown by the nearly equal $36.3 million in buy and sell pressure. Accumulation Patterns and Broader […]
Pepe at $0.00001048 Consolidates Between $0.00001041 and $0.00001078 as Weekly RSI Hints Multi-Year Breakout, Gaining 0.6%
Pepe has remained in the market spotlight after maintaining steady movements within a tightened setup, with recent charting tipping significant technical gains. PEPE is at the moment at a price of $0.00001048 when writing this report, and the increase of the last 24 hours is 0.4%. The fact that the token is doing relatively well […]
Bitcoin Eyes $120K if Weekly Close Holds Above $114K
TL;DR Bitcoin rebounds from $107K low, testing $114K as bulls eye a breakout toward $120K. Liquidations near $115K fueled sharp upward momentum, clearing resistance and boosting short-term bullish outlook. Short-term holders realize losses, but institutional demand suggests the broader trend remains strongly bullish. Bitcoin Tests $114K Level Again Bitcoin has recovered in the past week […]
Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
Bitcoin (BTC) and cryptocurrency exchange Gemini (GEMI), founded by twins Tyler and Cameron Winklevoss, experienced a major debut on the Nasdaq, soaring nearly 40% following the company’s initial public offering (IPO), which raised $425 million. Gemini Success On Nasdaq Debut Based in New York, Gemini priced its IPO late Thursday above the anticipated range of […]
Price predictions 9/12: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI
Solid inflows into spot Bitcoin ETFs signal sustained demand from the bulls, increasing the likelihood of a break above the $117,500 resistance. Will altcoins follow?