Large Bitcoin Holders Added $5.4B in BTC in July, Data Show coindesk.com 01 August 2024 08:18, UTC Large bitcoin holders added over 84,000 BTC in July, the highest since October 2014, per IntoTheBlock. The accumulation was characterized by bargain hunting during the early July price dip. In a display of confidence, large bitcoin (BTC)…
Here’s How Bitcoin (BTC) Reaches $2,900,000 per Coin, According to VanEck Analysts dailyhodl.com 01 August 2024 08:25, UTC Analysts at the investment management giant VanEck think Bitcoin’s price (BTC) could skyrocket to $2.9 million by 2050. For that to happen, BTC will need to become a key part of the international monetary system, according…
Bitcoin L2s 101 cryptobriefing.com 31 July 2024 22:04, UTC Bitcoin Layer 2 solutions are built on top of the main Bitcoin network to address its limitations: Speed up transactions Lower fees Enable more features and apps Key Layer 2 solutions: Benefits: Process more transactions per second Reduce congestion on main Bitcoin network Enable smart…
Bitcoin Sees Surge in Unique Token Transfers and Circulation blockchainreporter.net 31 July 2024 22:28, UTC Bitcoin’s recent market activity suggests a significant uptick in utility and circulation. As the price hovers just north of $66,000, the number of unique tokens transferred between wallets has notably increased. On a single day, 244,000 BTC circulated, the…
Bitcoin Dominance Taps Three-Year High, But Analyst Says Alts Are Poised to Rally decrypt.co 31 July 2024 22:52, UTC Bitcoin is now the most dominant force in the crypto market, surpassing 53% of the total crypto market—stronger than it has been in three years. Bitcoin’s market cap now stands at $1.27 trillion, according to…
MicroStrategy’s Bitcoin Gamble Pays Off Big Time, Projected Profit at $2.94 Trillion coinedition.com 31 July 2024 23:16, UTC While Bitcoin’s price remains significantly below its weekly highs, Bitcoin bulls like Michael Saylor, chairman of MicroStrategy, continue to boast staggering billion-dollar profits in their Bitcoin portfolios. Data from a tracking portal shows MicroStrategy holds 226,331…
Is Bitcoin Poised for a September Price Surge? What Traders Need to Know newsbtc.com 01 August 2024 03:48, UTC As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently shared insights on BTC…
