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Bitcoin (BTC)

Bitcoin Price Analysis: Is BTC on the Verge of Exploding to $75K?

Bitcoin’s price has recovered from its sudden drop from $75K and is currently targeting the same level again. Market participants are eagerly waiting for the market to make a new record high soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has rebounded from the $60K support zone and broken the $69K resistance level to the upside. BTC is currently climbing toward the $75K resistance once more. The Relative Strength Index is also showing...

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Grayscale Launches New Institutional Crypto Fund With Staking Rewards

On March 29, the firm announced its Grayscale Dynamic Income Fund (GDIF) stating that it is its first actively managed investment product. Grayscale added that the new fund aims to optimize income in the form of staking rewards associated with proof-of-stake crypto assets. It is the latest effort from the world’s largest crypto asset manager to retain clients and capital following a huge exodus from its flagship product (GBTC) and its conversion to a spot Bitcoin ETF....

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TRON Dominates Nearly 50% of Illicit Crypto Activity: TRM Labs Report

The TRON network accounted for 45% of all illicit volume in 2023, according to data released by analysts at blockchain forensics firm TRM Labs. TRM Labs released a report titled “The Illicit Crypto Economy” on Wednesday shedding light on the key trends in 2023 related to illicit activities and funds in the crypto space. TRON Blockchain Dominates Illicit Activity TRON blockchain network, founded by Chinese entrepreneur Justin Sun, accounted for the highest illicit activity...

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These Are The Top 5 Bitcoin-Interested Countries According to Google

It has been over 15 years since Satoshi Nakamoto introduced Bitcoin to the world, and a lot has happened within this timeframe. From being called a pyramid scheme, rat poison (sq), and proclaimed dead hundreds of times, to becoming a trillion-dollar asset with a dozen exchange-traded funds tracking its performance on the world’s largest financial market. Its adoption curve, which has recently been linked to that of the Internet from 1997, has seen some deviations on its...

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Bitcoin Faces Sell-Side Liquidity Crisis as Demand Reaches Unprecedented Levels: CryptoQuant

The chances of Bitcoin facing a sell-side liquidity crisis in the next few months are very high due to demand for the digital asset soaring to unprecedented levels. According to a weekly report from CryptoQuant, analysts expect the present Bitcoin sell-side liquidity inventory to cover demand for six to twelve months. Conversely, a plunge in liquid inventory could pull Bitcoin’s (BTC) price northward. Unprecedented Demand Levels Monthly demand for Bitcoin has risen from...

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Bitcoin Has More Users Than The Internet in 1997: Here’s Why That’s Bullish

A meme began making its way around crypto Twitter earlier this month, pointing out that Bitcoin now has the number of active users that the Internet had in 1997. But the reality is even more interesting: Bitcoin most likely has far more users today than the Internet had the year Amazon debuted on Wall Street. That means Bitcoin investors may be running out of time to capitalize on stellar market returns driven by growth in user adoption. Our Sources: 70M Internet Users 1997 |...

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Bitcoin (BTC) Price Still Shaky at $70K, Solana (SOL) Nears $200 (Weekend Watch)

Bitcoin has returned to $70,000 once again after falling below that level yesterday and failing to overcome it decisively during its recovery phase. Several altcoins, like ETH, BNB, DOGE, and SHIB, have turned red on a daily scale, but SOL has performed better and stands close to $200. BTC Returns to $70K After a relatively quiet weekend, Bitcoin’s business week started on a positive note as the asset soared from around $64,000 to $66,000 before it shot all the way up to...

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La justice britannique gèle une partie des actifs de Craig Wright

Suite au procès [1] qui opposait Craig Wright à la Cryptocurrency Open Patent Alliance (COPA) [2], le juge britannique James Mellor a ordonné le gel global d’une partie des actifs de l’entrepreneur australien (6 millions de livres sterling). Selon les documents judiciaires relevés par la COPA, le gel vise à assurer la couverture des frais juridiques et à empêcher Wright de disperser ses actifs. Le juge motive sa décision par le fait que...

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