Bitcoin

According to reports, according to documents submitted to the US SEC, MicroStrategy announced that during the period from February 16, 2023 to March 23, 2023, MicroStrategy and its

According to the CoinShares Weekly Report, last week\’s net inflow of digital asset investment products was $160 million, the largest inflow since July 2022. After six consecutive w

According to reports, Morgan Stanley released a report on March 24th, stating that most of the Bitcoin transactions conducted on the exchange in February were concentrated in one e

According to reports, Michael Novogratz, founder and CEO of Galaxy Digital, has called for a truce between the Bitcoin and Ethereum communities on social media to avoid polarizatio

According to reports, billionaire venture capitalist Tim Draper believes that companies should hold Bitcoin and at least two other cryptocurrencies. Draper did not specify the perc

According to reports, BTC.com data shows that the current number of unconfirmed transactions across the Bitcoin network is 58002, the overall network computing power is 344.82 EH/s

According to reports, analysts at Blockware Solutions, a Bitcoin mining equipment and hosting service provider, said in a report that the upward resistance level for BTC is at $28800, approximately the level during the summer adjustment period of 2021. Analysts wrote that this would be the position leading to another correction in Bitcoin, which may continue to consolidate. To maintain the current bullish structure, bulls need to defend this level. Breaking through this level is clearly the best scenario for bulls, but if we pull back, we would like to…

According to reports, according to Glassnode data, the number of addresses holding 0.1+BTCs has reached a historical high of 4276047. Interpretation of this information: Cryptocurrency enthusiasts have reason to rejoice as the number of addresses holding 0.1 bitcoin or more has reached a historic high, as per data reported by Glassnode. The number stands at an astonishing 4,276,047, indicating an increasing number of individuals investing in bitcoin. This surge in numbers can be attributed to various factors, such as increasing acceptance and recognition of cryptocurrency globally, increasing market value, and…

According to reports, Bitcoin Archive tweeted that the Federal Reserve rejected the request of Customia Bank to join the Federal Reserve system because the bank focused on Bitcoin.

According to reports, Mike McGlone, a senior commodity strategist at Bloomberg, said in an interview with Cointelgraph that the banking crisis may trigger the next cryptocurrency b

Jeremy Siegel, emeritus professor of finance at the Wharton School of Business at the University of Pennsylvania, is reported to predict that the price of Bitcoin will fall when pe

According to reports, Michael Novogratz, founder and CEO of Galaxy Digital, issued a statement on Bitcoin, calling it a transcript of monetary policy and financial stability. Interpretation of this information: Michael Novogratz, the founder and CEO of Galaxy Digital, has made a remarkable statement on Bitcoin, referring to it as a “transcript of monetary policy and financial stability.” This message highlights the importance of Bitcoin and the role it plays in shaping the future of money. Novogratz’s statement acknowledges how Bitcoin has become a reliable medium of exchange and a…

It is reported that the transaction fee paid to Bitcoin miners has reached a new 20-month high of 1.434BTC in the past hour (7d MA). Yesterday, the value was 1.431BTC. Interpretation of this information: The message pertains to an increase in the transaction fee paid to Bitcoin miners, which has reached a new high after 20 months. The amount paid in the past hour, as per the seven-day moving average (MA), stands at 1.434 BTC, while the previous day saw it at 1.431 BTC. This news holds importance for the…

According to reports, Coinbase, a cryptocurrency exchange, is investigating the issue of transmission and reception delays in Bitcoin, and trading is not currently affected. Interpretation of this information: Cryptocurrency exchange Coinbase is reportedly investigating the issue of transmission and reception delays in Bitcoin. This is an important development as Bitcoin is one of the most popular cryptocurrencies and any issues with its transmission and reception could have a significant impact on the cryptocurrency market. It is not clear what is causing these delays or how long they have been occurring,…

On March 24th, data showed that Bitcoin had experienced a mining difficulty adjustment at block height 782208, with mining difficulty slightly increased by 7.56% to 46.84 T, hitting a new record high. Interpretation of this information: The recent data on Bitcoin mining difficulty points towards a significant increase of 7.56% to a new record high of 46.84 T. This adjustment occurred at block height 782208, suggesting an increase in the computational power required to mine new blocks of Bitcoin transactions. This could be linked to the increase in demand for…

According to reports, according to data shared on March 22 by CryptoManiaks, a crypto education platform, the price of Bitcoin has increased by 37.06% since March 10, and has increased by more than 72% since this year. However, there are 488 or 97.6% S&P 500 index companies with a year to date (YTD) return, including FedEx, Apple, and Amazon. In contrast, only 12 companies in the S&P 500 index have YTD returns above 35%. Interpretation of this information: The message discusses the current state of the crypto market and compares…

According to reports, according to the latest data from the blockchain analysis company Glassnode, with the Federal Reserve raising interest rates by 25 basis points and the Federal Reserve Chairman releasing signals, risky assets such as Bitcoin have declined. Yesterday (March 22), a value of $350 million was withdrawn from the exchange, making it the third highest single day exchange outflow recorded this year. Interpretation of this information: The message reports that the recent increase in interest rates by the Federal Reserve and signals from the Federal Reserve Chairman have…

According to reports, data shows that the supply volume of BTC in the last active 6 to 12 months has reached 1733568.490 BTC in the past hour (1d MA), a low of nearly 21 months. Interpretation of this information: The message is about the supply of Bitcoin (BTC) in the last active 6 to 12 months, which has reached a low of nearly 21 months as per the latest data. Reports say that the supply volume of BTC has reached 1733568.490 BTC in the past hour (1d MA). This information…

According to reports, according to the latest data from blockchain analysis company Glassnode, the 7-day average price of Bitcoin closed up 35.8% this week, which has only occurred in 16 days since 2015. With the price rebound, the monthly average of Bitcoin’s weekly trading volume has reached 309500 transactions per day, which is the highest level since April 2021. In history, less than 12.2% of trading days have seen more trading activity than this week. In addition, the number of new entities added to the Bitcoin chain has reached 122000…

According to reports, 1678 BTCs were transferred from unknown wallets to Coinbase at 07:25 today, with a value of approximately $47.17 million. Interpretation of this information: The cryptocurrency market experienced a significant movement today, as reports emerged that 1678 BTCs were transferred from unknown wallets to Coinbase. The transaction was executed at 07:25, and the value of the transfer was approximately $47.17 million. This news has generated mixed reactions among market observers, with some interpreting it as a bullish sign, while others see it as a bearish signal. On the…