Bitcoin whales have resumed accumulating coins in what has turned out to be the biggest Bitcoin accumulation event in 2021. A number of Bitcoin whales addresses that currently hold a number of 100 to 10,000 bitcoins in their wallet accumulated over 60,000 bitcoins in a single day. Lately, Bitcoin has been sluggish in the market […]
Ethereum exchange reserves have now hit a new low for the first time in over two years. According to CryptoQuant, this number has plummeted from 26 million from June last year to less than 21 million by July 2021. This seems to be in tandem with the increase in the price of Ethereum. Over the […]
It’s been over ten weeks since BTC’s terrific thud from a $64k ATH. A potpourri of regulatory hurdles, investor setbacks, and government clampdown has clipped its wings halfway down its all-time highest performance. Last week, on-chain analyst, Will Clemente, gave investors a deep dive into the actions behind BTCs last week’s performance, opening the curtains […]
Bitcoin could possibly be at one of the most important moments in its history. The mining sector located in China was forced to migrate due to new regulations. These entities are responsible for protecting the network and their actions can be felt throughout the entire crypto industry. As a consequence, there has been an increase […]
An ex-employee of the now-defunct crypto exchange Cryptopia has admitted in court to stealing crypto worth about $170,000. The employee pled guilty to stealing coins and customer data while he worked at Cryptopia when the company was still up and running. A name suppression by the Christchurch district court of New Zealand keeps the employee […]
The Bitcoin exchange fund flow ratio has just hit a nine-month low. Here is what it might mean for the price of the cryptocurrency. The Exchange Fund Flow Ratio The signal of interest here is the all Bitcoin exchanges fund flow ratio. It’s defined as the total amount of BTC flowing in/out of exchanges divided […]
The Bitcoin market has traded slightly higher this week, albeit still within the trading range established since mid-May. Price traded between the weekly...
The Bitcoin mining company, Marathon Digital Holdings recently revealed that the company mined a whopping 265.6 Bitcoins in June alone. This number of BTC in June alone exceeds what the company had in May by 17%. The total amount for the whole quarter 2 sits at 654.3 Bitcoins. From the first month of the year […]
REvil, a ransomware group, is said to have infected over 1 million computers with malware through a network-management package provided by a global remote software supplier known as Kaseya. The group is now demanding $70 million in Bitcoin from 200 US firms as ransom to unlock infected machines. REvil announced on Happy Blog dark website that it […]
