Tag: Million

Bitcoin HODLer Selloff Extends To 1.1 Million BTC As Profit-Taking Continues

On-chain data shows the Bitcoin long-term holders have shed a significant amount of the cryptocurrency from their holdings recently. Bitcoin Long-Term Holders Have Been Realizing Notable Profits Recently In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how supply has shifted between BTC short-term holders and long-term holders recently. The “short-term holders” (STHs) and “long-term holders” (LTHs) here refer to the two main divisions of the Bitcoin market done on the basis of holding time. The investors who bought their coins within the past 155 days…

Bitcoin ETFs Gain $92 Million While Ethereum ETFs Experience $4.82 Million Outflow

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The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday’s inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue. This marks a continuation of positive momentum […] Original

Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards

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According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets. […] Original

Bitcoin ETFs Rebound With Modest Inflow of $18 Million

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Bitcoin spot ETFs experienced a total net inflow of $18.44 million with only two ETFs seeing funds flowing in and out. Green Trading Day for Bitcoin ETFs U.S. spot bitcoin exchange-traded funds (ETFs) rebounded from the significant outflow with modest gains of $18.44 million, according to trading metrics from Sosovalue. On a quiet trading day, […] Original

Dogecoin Whales Accumulate 450 Million DOGE During Recent Price Dip – Time For A Breakout?

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Este artículo también está disponible en español. Dogecoin (DOGE) has faced intense selling pressure since January 18, when it hit a local high of $0.43, leading to a significant price decline. However, the meme-inspired cryptocurrency has demonstrated resilience, finding strong support at the $0.31 level. This critical demand zone has prevented further downside, fueling optimism among investors and analysts that Dogecoin might be gearing up for a new surge. Related Reading The recent dip has not deterred major players in the market. Top crypto analyst Ali Martinez shared compelling data…

$54 Million In Dogecoin Exits Binance As Price Crashes 9%: Sign Of Buying?

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On-chain data shows a Dogecoin whale has withdrawn a large sum from the cryptocurrency exchange Binance, a sign that may be bullish for the DOGE price. Dogecoin Whale Makes Massive Binance Withdrawal After Crash According to data from the cryptocurrency transaction tracker service Whale Alert, a massive transaction has been spotted on the Dogecoin blockchain during the past day. The transfer in question saw the movement of 175,274,112 DOGE across the network, worth around $54.7 million at the time the sender executed the move. Given the size of the transaction,…

BlackRock Ethereum Holdings Surpass 1.2 Million ETH Amidst Strong Institutional Adoption

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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…

Bitget Hits 100 Million Users as Exchange Volumes Surge 400%

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Cryptocurrency exchange Bitget has emerged as the second-largest crypto exchange ecosystem globally, following a year that saw its user base expand by 400% to reach 100 million users, according to its 2024 transparency report released today (Thursday). The platform’s growth was accompanied by a surge in trading activity, with daily volumes doubling to $20 billion and spot trading volumes expanding from $160 billion in the first quarter to $600 billion in the fourth quarter of 2024. Gracy Chen, Source: LinkedIn “Over the past six years, with the robust foundation we’ve…