Dormant whale awakens after 8 years, moves $250m worth of Bitcoin: Arkham

A long-dormant Bitcoin wallet has suddenly woken up after eight years of inactivity. According to blockchain analytics firm Arkham Intelligence, the whale has moved over $250 million worth of Bitcoin. The transactions were executed within the last 16 hours and show that the value of the holdings has appreciated from approximately $3 million in early 2017 to over $250 million today. Before yesterday’s transfers, the wallet had maintained its Bitcoin (BTC) in a single address for more than eight years. $250M BITCOIN WHALE WAKES UP AFTER 8 YEARS A Bitcoin…

Bitcoin needs weekly close above $85k to avoid correction to $76k: analysts

Bitcoin analysts are eying the weekly close to gauge Bitcoin’s price trajectory for next week, as traditional and crypto markets are lacking direction amid a mix of global trade war fears paired with easing inflation concerns. Bitcoin’s (BTC) price may see more downside next week unless it manages to close the week above the $85,000 psychological mark, according to Ryan Lee, chief analyst at Bitget Research. “Bitcoin’s relief rally after the FOMC meeting and lower CPI readings has analysts eyeing a weekly close above $85,000, as critical for resuming upside…

Jupiter Price Action Signals Breakdown—$0.41 Target In Play

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

US Bitcoin reserves a win-win for inflation and BTC’s value

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Earlier this month, President Trump reinvigorated crypto markets with his announcement of five cryptocurrencies for U.S. strategic reserves: Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA). In making this announcement, Trump has opened the door to a new financial era and created an opportunity for Bitcoin and other cryptocurrencies to go toe-to-toe with the leader in global reserve fiat currency, the US dollar. How…

Solana Price On The Verge Of A ‘Big Breakout’ — Here’s The Target

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Sonic unveils high-yield algorithmic stablecoin, reigniting Terra-Luna ‘PTSD’

The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry’s longest crypto winter. Algorithmic stablecoins employ code-based mechanisms to ensure their price stability, as opposed to fiat stablecoins pegged directly to the value of the underlying currency. The Sonic blockchain is working on the implementation of an algorithmic stablecoin with up to 23% annual percentage rate (APR), according to Andre Cronje, co-founder of Sonic Labs and founder of Yearn.finance. Cronje wrote…

Best Presales to Buy as Bitcoin ETF Inflows Resume Suggesting Bullish Momentum

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A total of 22,000 Bitcoin option contracts expired on March 21 with a notional value of $1.83B. The put/call ratio was 0.84, which means there were more call buyers…

Ethereum Altcoin Explodes 68% After Korea’s Second-Biggest Crypto Exchange Announces Trading Support

An Ethereum (ETH)-based altcoin is skyrocketing after gaining support from South Korea’s second-largest crypto exchange. In a new announcement, crypto trading platform Bithumb says that it is now supporting the interoperable cross-chain bridge Across Protocol (ACX), triggering rallies for the digital asset. News of the event caused ACX to surge, as it went from a March 21st low of $0.275 to a peak of $0.462 just a few hours later, a rise of nearly 68%. It has since retraced and is trading for $0.319 at time of writing, a 10%…

XRP Set For Big Rally

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A well-known market analyst says some investors are giving up on XRP too soon, even though they predict a big price rise this year. Vandell Aljarrah, who helped start…