Bitcoin trades above $30K, boosting traders’ interest in ETH, ARB, VET and STX
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Bitcoin (BTC) made a new 52-week high on June 23, indicating that bulls are on fire. Buyers have managed to hold onto a large part of the gains made during the week, signaling that they are in no hurry to book profits. Bitcoin climbed 16% this week, outperforming the S&P 500 Index, which fell 1.39%. Not only Bitcoin but even Ether (ETH) is showing signs of starting a bullish move. Glassnode data shows that Ether balances on exchanges dropped sharply in the past 30 days and hit a new low of 12.6%. A similar dip in Ether exchange balances happened
Strategy (MicroStrategy), which has been making regular Bitcoin (BTC) purchases since approximately 2020, made its weekly Bitcoin purchase and purchased 8,178 BTC last week. Accordingly, Strategy purchased 8,178 BTC worth $835.6 million at an average price of $102,171 between November 10 and November 16. Strategy founder Michael Saylor announced the…
The third-biggest Bitcoin whale in the world has entered accumulation mode with huge purchases of BTC over the last week as the leading crypto by market cap hovers around the $40,000 mark. The whale... [[ This is a content summary only. Visit my website for full links, other content, and…