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After charting a $3,000 surge in a day, BTC continued slightly upwards again in the past 24 hours and reached a weekly high at approximately $33,000. Most alternative coins are in the green as well, with ETH nearing $2,100 and Polkadot registering a 7% increase. Bitcoin Touched $33K After the Monday crash in which the primary cryptocurrency dumped below $30,000, the bulls have kept complete control over the market. They firstly pushed the asset above that coveted level before...

One of the more interesting wallets to look at is the third-largest BTC address. While there are many speculations about its owner, it’s currently anyone’s guess as to who it is. We know this whale entity has a priority of accumulating BTC. The BTC address we’re looking into in this analysis is 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ. For short, we’ll call it “the whale entity.” The Coinbase wallet the whale entity interacts with is 1FzWLkAahHooV3kzTgyx6qsswXJ6sCXkSR. For short,...

Elon Musk and Jack Dorsey finally had their face-to-face talk about Bitcoin at “The B Word” event today. Joined by Cathie Wood and moderated by Steve Lee, their long-awaited talk was largely bullish all around – including on Bitcoins energy use, which Elon says he is now more optimistic about. The three began by citing what got them interested in Bitcoin. Elon saw it as an improvement to the “information system” that supports the economy as a whole On Scalability, Musk admits...

Polkadot is the only protocol that fits the bill of a blockchain project providing enhanced scalability, speed, security, and utilization, said Peter Mauric – the head of public affairs at Parity Technologies. In an interview with CryptoPotato, Mauric outlined Polkadot’s advantages over Ethereum and spoke about the project’s parachains. Polkadot Over Ethereum Ever since the official launch of the network in 2020 – three years after the ICO – Polkadot, the sharded...

While BTC’s price continues to trade in a range of around $32,000, all eyes are on today’s largest GBTC unlocking of over 16,000 bitcoins. On the other hand, some of the altcoins have bounced off since the recent price declines, with DOGE jumping by roughly 9% on a 24-hour scale. All Eyes on GBTC Unlocking After briefly exceeding $33,000 on Thursday, bitcoin started to retrace in value and lost about $2,000 in a day. The subsequent unsuccessful attempt by the bulls to recover...

Aside from a brief spike of over $1,000, bitcoin’s struggles continue as the asset is still well below $32,000. The alternative coins have also lost some more steam, with ETH standing beneath $1,900 and BNB close to breaking below $300. Bitcoin Dipped to a 3-Week Low BTC’s hurdles continue ever since the asset failed to breach $35,000 earlier this week. The bears took control over the market at that point and kept pushing it south. Initially, bitcoin decreased beneath...

It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the top 20 is in the red. Some lost more than others, but we’ll get to that later. Kicking it off with Bitcoin. It had a relatively calm week, and even though it’s down about 3% over the period, it’s still not as bad as a lot of the altcoins. BTC was trading at around $34,000 last Friday, and apart from a brief positive spike on Monday, it...

In a recent interview for Natalie Brunell’s Coin Stories, MicroStrategy’s CEO also indicated that BTC is among the few assets fitting the criteria of potential upside movements by a factor of 100. Saylor: No BTC Price Can Make Me Sell Bitcoin It has been almost a year now since the man who founded and runs MicroStrategy announced the company’s first massive BTC purchase worth more than $200 million. In the following eleven months, the NASDAQ-listed business intelligence giant...

Cryptocurrencies took center stage in 2021 as the market went through a massive bull run where the price for bitcoin skyrocketed to an all-time high of $65,000 in mid-April, and many other cryptocurrencies followed suit. This attracted a lot of attention even from institutional players and large, publicly-listed companies. The elephant in the room is obviously Tesla. Elon Musk’s electric car maker announced that it had bought $1.5 billion worth of BTC back in January and even...

CryptoPotato had the opportunity to host a discussion with Lennix Lai – the Financial Markets Director at OKEx. Established in 2017, OKEx is one of the leading cryptocurrency exchanges in the world by means of trading volume and is also a big player in China. We took the opportunity to discuss, first hand, what’s currently going on in the market from both a retail and institutional perspective, as well as what’s actually happening in China. $60K Bitcoin In...