Tag: Bitcoins

Who Profited During Bitcoin’s $100,000 Surge? Analyst Breaks Down the Data

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Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000 mark. Despite reaching an all-time high above $108,000 last week, the cryptocurrency has struggled to maintain upward momentum ever since. With this performance, BTC’s on-chain data has been brought to the spotlight to uncover the factors driving recent selling pressures and investor behavior. One key focus has been the Spent Output Age Bands (SOAB) indicator, which provides valuable insights into Bitcoin holders’ activity based on their holding periods. Who Cashed Out Their Bitcoin Gains?…

Bitcoin’s X popularity grew 65% YoY in 2024

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X user published over 140 million tweets mentioning Bitcoin on Elon Musk’s social media network. Crypto conversation on X increased in 2024 compared to 2023 as Bitcoin (BTC) developments dominated digital asset mindshare on the platform formerly known as X. Posts containing “Bitcoin” grew 65% year-over-year according to data from social listening protocol Visibrain seen by crypto.news on Boxing Day. Posts mentioning BTC on X in 2024 | Source: Visibrain Bitcoin mentions peaked in early 2024, coinciding with approval for spot BTC exchange-traded funds issued by the U.S. Securities and…

Bitcoin’s mining supply slipped below the 1.19m threshold on the brink of wider adoption

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The year 2024 has been filled with major milestones for Bitcoin, from reaching new all-time highs to several governments mulling a Bitcoin reserve. However, data reveals that there are less than 1.19 million BTC left to be mined. Unmined Bitcoin is becoming even more scarce in terms of remaining supply as more of the world begins to warm up to the idea of adopting Bitcoin (BTC) on a wider scale. Data from Clark Moody revealed that there were only 1,198,640.60 BTC left unmined by Dec. 26. Meanwhile, as much as…

4 altcoins that will ride Bitcoin’s next surge and turn $500 into $5000 with a 10x rally

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance leads the charge in real-world asset tokenization, alongside Shiba Inu, Binance Coin, and Tron, as altcoins poised for exponential growth in the next Bitcoin rally. As the next potential Bitcoin rally draws closer, several altcoins display massive potential for exponential growth. Rexas Finance is unique for its tokenization of real-world assets (RWAs), a novel paradigm set to reshape the investment space. Rexas Finance: The future of tokenized…

Forget Bitcoin’s stability, these meme coins could transform $100 into $1 million

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme tokens like DOGEN redefine crypto wealth, turning small investments into massive gains, unlocking the potential for $100 to grow into $1 million. Bitcoin has long dominated the crypto scene, but a new breed of digital coins is stealing the spotlight. These meme-inspired tokens are making waves by turning tiny sums into massive fortunes. Discover how a simple $100 investment in these unconventional assets could blossom into $1 million,…

North Korean hackers likely behind DMM Bitcoin’s $307m attack

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Japanese police revealed Tuesday that hackers affiliated with the North Korean regime are likely behind the $307 million attack on crypto exchange DMM Bitcoin. North Korean hackers are said to be behind a multi-million attack on a crypto exchange, which cost the platform over $300 million worth of crypto in stolen funds. In a Dec. 23 press release, the Federal Bureau of Investigation alongside Japan’s National Police Agency revealed that the hack, which occurred in May, is linked to North Korean cyber actors and is associated with the threat group…

Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?

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Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience. Long-term holders, defined as investors holding Bitcoin for over 155 days, are often viewed as a stabilizing force in the market. Their selling patterns can significantly influence price trends, making SOPR an indicator worth watching. Long-Term Holder Trends And Market Sentiment Recent analysis from a…

Stephen Miran to Lead Trump’s Economic Team: What It Means for Bitcoin’s Future

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On Sunday, President-elect Donald J. Trump revealed that Stephen Miran, who previously served during Trump’s first term, will helm the Council of Economic Advisers. Miran is seen as a pro-bitcoin ally, openly advocating for cryptocurrencies’ role in driving both innovation and economic progress. Trump Taps Stephen Miran to Shape U.S. Economic Policy Stephen Miran, a […] Original