Earlier today, the Bitcoin (BTC) price crashed to under $45,000 after Elon Musk raising speculations of Tesla possibly selling Bitcoins anytime ahead. Later Musk confirmed that Tesla hasn’t yet sold its holdings. However, the damage was already done. As the FUD hit the crypto market, the on-chain volume shows that the short-term Bitcoin holders ended

The post Long term Holders Continue Accumulating Bitcoin (BTC) Amid Bloodbath appeared first on Coingape.

MoneyGram will allow people in the United States to withdraw their crypto holdings in…

The post MoneyGram to enable crypto-to-cash transactions appeared first on Coin Journal.

Long-term Bitcoin holders appear to be accumulating more BTC while the number of Ethereum outflows from exchanges has spiked up once again.

Customers of some US banks will soon be able to buy, hold and sell…

The post NYDIG Says BitCoin Arriving at ‘100s’ of Banks This Year appeared first on Coin Journal.

Bitcoin has recouped the losses from recent sell-off after news that the world’s oldest cryptocurrency is soon coming to hundreds of United States banks. Data from CoinMarketCap shows that bitcoin is hovering at $57,091.36 at press time, with 5.47% daily gains. Bitcoin holders received a treat from the pioneer cryptocurrency, which had spent the better […]

After a few days below the mid-range in the $50,000 zone, Bitcoin has retraced. At the time of writing, BTC trades at $54,137 with sideways movement in the 1-hour chart, approaching correction levels in the 24-hour chart. Certain indicators point to more depreciation, at least, in the short term. The crypto market appears to be […]

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Here are the key takes: ·       BTC is transitioning from a short-term liquid asset to a long-term illiquid asset. ·       A massive rebranding of Bitcoin as an elite digital asset at par with gold appears to be ongoing. ·       Long term holders are mopping off BTCs from short-term holders for keeps. ·       BTCs legitimacy is re-fortified. The past week […]

Last week saw global markets react to news of potential tax law amendments in the United States.

The post Data shows old Bitcoin holders aren’t selling even as newcomers get hit by volatility appeared first on CryptoSlate.

According to crypto transactions data tracker Cryptoquant, crypto exchanges are experiencing low Bitcoin and Ethereum levels. Cryptocurrencies are slowly regaining their glory after most of their prices plummeted over the weekend.  A Forgettable Weekend After Bitcoin soared to a record level of $63,475 on Thursday, several cryptocurrencies such as Ethereum, Ripple, and Dogecoin jumped onRead More