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Bitcoin (BTC)

Bitcoin (BTC) Crash Warning, Solana (SOL) Meme Coins See Downturn, Pullix (PLX) Platform Set To Launch After Raising $4 Million

Despite the excitement generated by the Bitcoin ETF approval, the aftermath has seen Bitcoin (BTC) and many altcoins nosedive. However, Solana (SOL) is defying all odds with the platform memecoins making impressive rallies despite the general crypto market’s negative trends. Meanwhile, Pullix (PLX) has sold over 75 million tokens in the ongoing 6th stage of presale with over $4 million raised. With its hybrid model, Pullix is set to launch its platform soon which investors...

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Bitcoin ETF Issuers Acquire Over 86,000 BTC, Valued at $3.63 Billion

Bitcoin ETF issuers, except for Grayscale, have collectively acquired more than 86,000 BTC at an average price of $42,000, an investment of $3.63 billion, according to on-chain analyst Ali on X. The sustained high trading activity shows investors’ ongoing interest and engagement in recently launched Bitcoin ETFs. Bitcoin ETFs Show Resilience Among Bitcoin ETF issuers, iShares emerges as the leader, boasting a substantial holding of over $1.3 billion in BTC. Following closely...

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Cardano (ADA) Outperforms Bitcoin and Ethereum in This Key Metric: Details

TL;DR Cardano’s coin tops BTC and ETH in certain fields but faces a price decline. Market trends are bearish, yet experts stay optimistic about ADA’s future. According to market intelligence platform Santiment, Cardano’s ADA was the top cryptocurrency by development activity in the last 30 days. Polkadot (DOT) and Kusama (KSM) ranked second and third, respectively, while Ethereum (ETH) was placed tenth. Interestingly, Bitcoin (BTC) did not find a spot on the list. 🧑‍💻 Here...

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Cardano (ADA) Price Analysis: Bears In Control Below $0.50

ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.515 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4980 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.500 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...

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Here is How Much Bitcoin (BTC) Drake Lost Betting on UFC Match

TL;DR The Canadian musician Drake faced another betting loss in Bitcoin on a UFC fight, adding to his history of unsuccessful sports wagers. The trend of athletes and teams experiencing losses after Drake’s bets has been termed “the Drake curse,” with examples spanning multiple sports. Not the Right Pick The famous Canadian rapper, singer, and actor – Aubrey Drake Graham (better known as Drake) – lost $700,000 worth of Bitcoin (BTC) after betting on a UFC fight over the...

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Bitcoin Atlantis, une conférence à Madère

Organisée par l’association FREE Madeira, la conférence Bitcoin Atlantis se déroulera sur l’île de Madère du 1er au 3 mars 2024. L’évènement réunira sur trois jours, au stade Barreiros de Funchal à Madère, des personnalités bien connues des bitcoiners comme Michael Saylor, Jack Dorsey, Adam Back, Jack Mallers, Samson Mow, Alex Gladstein, Giacomo Zucco, Peter McCormack ou encore John Carvalho, pour...

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Mike Novogratz Foresees Bitcoin Price Rebound Through GBTC Alternatives

Chris J Terry, a crypto market analyst, has recently predicted that Bitcoin’s (BTC) price could either remain stagnant or decline until the $25 billion liquidation of GBTC is finalized. Mike Novogratz, the founder of Galaxy Digital, holds a different view. He argues that despite the anticipated GBTC sell-offs, most investors will shift their focus to alternative ETFs, leading to a rise in Bitcoin prices within six months. Analyst Warns of Bitcoin Price Dip BTCdata’s Chief...

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FTX Responsible For Nearly $1 Billion Of GBTC Outflows: Report

Defunct crypto exchange FTX may be behind a tsunami of outflows from the Grayscale Bitcoin Trust (GBTC) this month – and by extension, may have caused a significant downturn in Bitcoin (BTC)’s price. A recent report from CoinDesk suggested that the FTX bankruptcy has sold off close to $1 billion worth of GBTC since the fund transitioned into a Bitcoin spot ETF and was approved by federal regulators. Is FTX Suppressing Bitcoin? CoinDesk cited privately reviewed data alongside...

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