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Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade

[Aug 16, 2024 2:20 PM] On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to…

Bitcoin Risks Further Decline As Bearish Death Cross Returns

[Aug 16, 2024 1:00 PM] A crypto analyst has unveiled a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. According to the analyst, Bitcoin is at risk of further price stalls before any potential upward movement.  Bitcoin Prints Another…

Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings

[Aug 15, 2024 11:17 PM] Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast…

Bitcoin Observes Pullback To $58,000: Is This The Cause?

[Aug 15, 2024 10:30 PM] Bitcoin has observed a pullback down to the $58,000 level during the past day. Here’s what could be the cause behind it, according to on-chain data. Exchanges Have Seen A Large Amount Of Tether Withdrawals Recently According to data from the…