Key Points: Grayscale transfers significant transfer, sending 776.667 BTC to Coinbase Prime. Strategic maneuver reflects dynamic engagement in crypto market. Transaction valued at approximately $39.9964 million, amplifying institutional impact. Grayscale transfers a substantial transfer, sending a total of 776.667 Bitcoins to the Coinbase Prime address. The transaction occurred at precisely 22:15 on February 23 marking a strategic maneuver…
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Bitcoin may be “up only” on short timeframes, but seasoned traders are already preparing for a blow-off BTC price top and subsequent bear market. Bitcoin is on the way to $55,000 this week — but warnings of a new bear market are already surfacing. In his latest analysis on X (formerly Twitter) on Feb. 14, popular trader…
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Bitcoin faces a sea of global bank bailouts in the coming years, Tuur Demeester believes — fueling a BTC price explosion to seven figures and beyond. Bitcoin will see a minimum of $200,000 in the coming years and could pass half a million dollars, a popular analyst predicts. In his latest update on long-term BTC price action, advisor…
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Bitcoin bulls are chasing a new year-to-date high. Godleak explains what is behind the BTC price move. Bitcoin price is up 6.28% over the last 24 hours and hit an intraday high at $48,200 on Feb. 9. Technical indicators, rallying spot Bitcoin exchange-traded fund (ETF) shares and on-chain data show that Bitcoin has the strength…
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Bitcoin sees a $1,300 daily candle, but a $1 billion surge in open interest sparks concern over BTC price strength at new levels. Bitcoin held around 3% higher on Feb. 8 as crypto markets teased some much-needed upside. Bitcoin adds nearly $1 billion open interest Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on…
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MicroStrategy snapped up another 850 Bitcoin in January, increasing its total BTC holdings to a value of $8.1 billion. MicroStrategy, the largest publicly traded holder of Bitcoin , says it acquired an additional 850 BTC in January bringing its total holdings to 190,000 BTC — worth $8.1 billion. In its Q4 2023 Feb. 6 earnings call, the…
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In spite of forceful selling by the Grayscale Bitcoin Trust ETF, every one of the 10 spot Bitcoin ETFs altogether added almost 19,000 BTC in January. Update, February 1 at 12:15 UTC: Added the most recent openly revealed information from BlackRock’s iShares Bitcoin Trust and rectified the complete figures. The Grayscale Bitcoin Trust (GBTC) trade…
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According to a pseudonymous trader, Rekt Capital, any retracement in Bitcoin’s price over the next two weeks could be investors’ last chance to acquire Bitcoin at “bargain-buying” prices. Bitcoin BTC financial backers may just have a fourteen day window to possibly purchase Bitcoin at “deal purchasing” costs before a pre-dividing rally starts off in February,…
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Bitcoin price abruptly dropped under $40,000. Godleak explains what is behind the price drop. Bitcoin cost fell beneath $40,000 interestingly since Dec. 3, 2023, as GBTC-connected offering of BTC at Coinbase proceeds to adversely influence financial backer opinion all through the crypto market. Bitcoin BTC fell quickly from a cost of $41,553 on Jan. 22,…
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JPMorgan begs CNBC to stop talking about “pet rock” BTC despite financial heavyweights seeing billions of dollars in spot Bitcoin ETF inflows. Bitcoin BTC tumbled to intraday lows preceding the Jan. 17 Money Road open as the World Monetary Discussion (WEF) offered new standard analysis. Dimon: Bitcoin is a “pet rock” Information from Cointelegraph…
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