Fintech firm Block (SQ) reported $1.83 billion in bitcoin (BTC) revenue in its Cash App unit during the fourth quarter, down 7% year-over-year but higher than the $1.76 billion reported in the third quarter. Block reports the total sale amount of bitcoin to customers as revenue.

As an analyst in a CryptoQuant post pointed out, the metric’s value is now close to the risk area. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top ten Bitcoin transactions to exchanges and the total exchange inflows.

Bitcoin dipped early Thursday but regained its footing near $24,000 as investors continued to weigh minutes from the U.S. central bank’s Federal Open Market Committee(FOMC) meeting earlier this month and the latest economic data.

Bitcoin Ordinals are driving unexpected revenue to miners

Bitcoin has been flirtious for the past couple of days swinging around two price zones: 23k and 25k, but the upside would be triggered only when the following criteria is met.

Robert Kiyosaki, the author of international bestseller Rich Dad Poor Dad, has said he prefers holding Bitcoin and precious metals such as silver and gold over government-issued fiat cash.

Bitcoin's (BTC) resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise.

Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain, members of the community have noticed.

The world’s largest crypto, Bitcoin increases by 1.20% in the last 24 hours, thus, taking the market cap to 470.94 billion USD. Each BTC is trading for 24,400 USD. The crypto is seeing a boost and reaches near the 25k mark yet again.

Bitcoin price started a downside correction from the $25,200 resistance zone. There was a steady decline below the $24,500 support zone and the 100 hourly simple moving average. The price even spiked below the $24,000 support zone. A low was formed near $23,600 and the price recently started a fresh increase. There was a move above the $23,800 and $24,000 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $25,250 swing high to $23,600 low. (newsbtc)