Bitcoin Whale Activity Reaches Highest Weekly Levels Of 2023
On-chain data shows the Bitcoin whales have continued to be active recently, with the last week being their 2023 week with the highest average activity.
Bitcoin Rises Above US$28,000; XRP Biggest Gainer in Top 10 Cryptos
Bitcoin continued to trade above US$28,000 on Wednesday afternoon in Asia. Ether also rose, along with all other top 10 non-stablecoin cryptocurrencies with XRP and Cardano leading gains. Asian equity markets strengthened, reflecting a relief rally in U.S. equities on Tuesday after authorities took charge to tackle a banking sector crisis. Investors are looking to the U.S. Federal Reserve’s decision on interest rates later on Wednesday.
Cathie Wood of Ark Invest Sees More Institutional Investors Entering Bitcoin Market Amid Bank Crisis
Ark Invest CEO Cathie Wood believes Bitcoin's rally amid the recent banking crisis will only “attract more institutions.”
Bitcoin $30K Bets Greet FOMC As Analyst Warns Over Long Liquidations
Bitcoin (BTC) may “take out shorts” to crack $30,000 during the day’s key United States macroeconomic policy updates, analysis says.
Texas Legislature Introduces Bill to Attract Bitcoin-Related Businesses, Protect Interests of Same
The Texas legislature introduced a bill on Tuesday to attract more Bitcoin-related businesses to the state and protect the rights of Bitcoin holders, miners, and developers, according to the text of the proposed legislation.
Coinbase Win Streak Hits Record as Bitcoin Holds $28,000 Level
Coinbase Global Inc. rose for the seventh consecutive session on Tuesday, the cryptocurrency exchange’s longest streak of gains ever as Bitcoin climbed to its highest since June.
Bitcoin’s Banking Crisis Surge Will ‘Attract More Institutions’: ARK’s Cathie Wood
The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK Invest CEO Cathie Wood believes.
Bitcoin Funding Rate Turns Slightly Negative As Markets Awaits Fed Interest Rate Decision
The futures perpetual funding rate has turned negative for the first time since March 14. Bearish sentiment could start to creep in as a 25bps rate hike looks to be confirmed by the markets for tomorrow’s FOMC meeting. Jerome Powell will also discuss the new fed dot plot and future economic projections, which will tell us more than a potential 25bps rate hike.
Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
Bitcoin climbed past $28,000 on Tuesday as the Federal Open Market Committee (FOMC) started its two-day monetary policy meeting to decide on the interest rate.
Bitcoin Trading Volumes Keep Trending in the Right Direction – Can BTC Sustain Its Bull-run?
Bitcoin daily trading volumes recently hit their highest level since the aftermath of the FTX collapse at more than $70 billion.
