Friday, December 9

Bitcoin

A Whopping 46,173 BTC Since September 27 Have Been Accumulated, and 15,000 BTC Is Transferred To Houbi Global.
Bitcoin

A Whopping 46,173 BTC Since September 27 Have Been Accumulated, and 15,000 BTC Is Transferred To Houbi Global.

Santiment Feed recently shared a tweet explaining how Bitcoin (BTC) has experienced a significant buy in the past week. Santiment Feed an on-chain and social sentiment analytics firm noted wallet addresses having between 100 to 10k BTC have accumulated 46,173 BTC since September 27, noting a correlation between decreasing Tether USD (USDT) whale supply and increasing Bitcoin whale supply and vice verse.  Read Also: A Terra Classic Developer, Zaradar, Says “No One Would Be Minting More LUNC As Long As He Remains In Charge”. https://twitter.com/santimentfeed/status/1577466630900051968 Per Santiment; “Bitcoin whales are showing signs of sustained accumulation, which has been a rarity in 2022,” and further stated that “Since September 27, addresses holding 100 to 10k BTC ha...
THNDR Games Launches Club Bitcoin To Make Free BTC Available To The Wider Audience
Bitcoin

THNDR Games Launches Club Bitcoin To Make Free BTC Available To The Wider Audience

In the quest to make free BTC available to a wider audience, the THNDR Games, a Bitcoin-only gaming company releases Club Bitcoin: Solitaire. According to the Press Release; “This release aims to bring free bitcoin to wider audiences: specifically female audiences and emerging markets.” Per the THNDR’s statement: THNDR is set to bring Bitcoin to the world through mobile gaming.It is particular to female audiences and emerging market. It is worth noting that almost 2.56 billion across the globe play mobile games while 63% of these numbers are female. Over 80% of its users are new to Bitcoin and earn their first free BTC in THNDR’s play-to-earn games. Read Also: Ripple's General Counsel, Stuart Alderoty Says SEC Chair Cannot Self-Appoint Himself As The Cop On The Beat For Cr...
Justin Bons Says Bitcoin’s First Vision Has Been Diverted
Bitcoin

Justin Bons Says Bitcoin’s First Vision Has Been Diverted

Justin Bons, the Founder and Chief Investment Officer of Cyber Capital, one of the oldest cryptocurrency funds globally, has taken the time to reflect in detail on the largest cryptocurrency. As stated on Justing Bons’ Twitter page, Bitcoin has broken the long-term security model. He further said the coin lacks capacity programmability and composability with comparatively weak economy qualities. Read Also: SEC Says It's Unopposed To The Ripple's Request Of Sealing The Expert Testimonies Justin Bons said:“BTC is unique in that it is technically one of the worst cryptocurrencies” Bitcoin's Vision Has Been Diverted He reiterated that the vision of the largest cryptocurrency by market cap has been diverted. He said Bitcoin block size not increasing is an aberration to the plan ...
Whales Are actively Accumulating BTC And Exchange Deposit Is Declining, Almost 16k Addresses Are Holding 100 To 10k BTC
Bitcoin

Whales Are actively Accumulating BTC And Exchange Deposit Is Declining, Almost 16k Addresses Are Holding 100 To 10k BTC

The amount of Bitcoin’s addresses holding between a hundred to 10k has now hit a 2-month high. The update was gotten as revealed by an On-Chain analysis, and social metrics entity, Santiment, that the addresses containing a Bitcoin amount ranging from 100 to 10,000 have hit the 2-month high since the 11th of June. Read Also: Do Kwon Made A Move To Have A Legal Backing: Detail The implication of this is there is a sharp increase in two months. At current market values, the addresses are holding between $2.3 million and $233 million. https://twitter.com/santimentfeed/status/1560064367894286337 As stated on the Santiment’s official Twitter handle;  “Bitcoin addresses holding between 100 to 10,000 BTC ($2.3m to $233m) has reached its largest quantity since June...
BlackRock Launches A Spot Bitcoin Private Trust To provide Clients With Access To Their Choice Of Investment Opportunities 
Bitcoin

BlackRock Launches A Spot Bitcoin Private Trust To provide Clients With Access To Their Choice Of Investment Opportunities 

The interest of the BlackRock institution in the crypto sphere is on the increase daily despite the steep downturn in the digital asset market. The giant institution announces the launching of a spot bitcoin private trust as gotten from the Twitter handle, BitcoinMagazine. https://twitter.com/BitcoinMagazine/status/1557710756719693824 As stated on its official website, the trust is available to U.S. institutional clients and seeks to track the performance of bitcoin, fewer expenses and liabilities of the trust. As stated on its website: .blockspare-7ebba7e5-ae7e-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-r...
Hoskinson Reacted To Elon Musk’s statement, that Tesla Has No Intention Of Selling Its Bitcoin.
Bitcoin

Hoskinson Reacted To Elon Musk’s statement, that Tesla Has No Intention Of Selling Its Bitcoin.

Seems the IOG chief hasn’t given up slamming the Bitcoin maximalists as the incident of Tesla's massive selloff of its Bitcoin. Tesla Selloff 75% Of Its Bitcoin As reported by Crytpolifedigital, In the letter sent to Tesla shareholders by Elon Musk, Tesla’s head, he revealed that he sold 75% of their Bitcoin holdings and accumulate a total of $936 million. Tesla revealed how he fought the inflation and economic meltdown in its full Q2 2022 financial report. He explained he sold the Bitcoin because of the incident of liquidity of the company given COVID-19. He further stated that the massive sold-out should not be taken as any verdict on the flagship cryptocurrency. Read Also: Cardano Network Has Been Running For Almost 5 years uninterruptedly Despite The Extremely High Load...
Edward Dowd, The Managing Director At BlackRock’s Assurance On Bitcoin And General  Crypto Starts To Surface.
Bitcoin

Edward Dowd, The Managing Director At BlackRock’s Assurance On Bitcoin And General Crypto Starts To Surface.

While numerous people were given up on the Bitcoin and general crypto industry, Edward Dowd, the former Managing Director at BlackRock had another view entirely. Despite the recent decline of the crypto market which created a lot of grim future for the asset class and even its end has not shaken a dime in the heart of the former equity portfolio manager at BlackRock, Edward Dowd. Read Also: Shiba Now Is Now The Top Held Altcoins After Ethereum Among The Top 100 ETH Whales As It Spikes 11%. He once said that Bitcoin will be a much more stable asset once the bear market is over. He also tagged the biggest crypto “the Amazon of the crypto era,” predicting it will hold a spot in everyone’s portfolio in the future. Edward gave a reassuring statement about Bitcoin that the robust cr...
Grayscale’s Application Is Presently At Appellate Court But If Contrary Happens, They Are Ready For Supreme Court Over The Case Of Spot Bitcoin ETF
Bitcoin

Grayscale’s Application Is Presently At Appellate Court But If Contrary Happens, They Are Ready For Supreme Court Over The Case Of Spot Bitcoin ETF

Following the rejection of Grayscale proposal of converting GBTC to a spot Bitcoin ETF mid-last month, Grayscale with immediate effect filed a lawsuit against the U.S. Prior to the SEC's rejection, according to the Sonnenshein, dignitaries have been contacted, to submit their comments on the proposal as required by SEC on November 2nd, 2021 to solicit comments on our proposal to convert GBTC to a spot Bitcoin ETF. Soon thereafter, the Grayscale team developed and deployed a multifaceted strategy to raise awareness about the 19b-4 filing process, rally GBTC investors, educate the general public about the importance of this issue on a national level, cultivate critical relationships in Washington, D.C., and prepare for each possible outcome of the SEC’s decision. Read ...
MicroStrategy CEO Tweeted “You know someone who doesn’t know Bitcoin” As Bitcoin Starts Picking.
Bitcoin

MicroStrategy CEO Tweeted “You know someone who doesn’t know Bitcoin” As Bitcoin Starts Picking.

One of the strong proponents of Bitcoin and fan of the crypto industry, Michael Saylor tweeted earlier yesterday on the popularity of Bitcoin. He asked his follower if they know anyone at all that is ignorant of Bitcoin. https://twitter.com/saylor/status/1545017778167599104 Michael Saylor is the CEO of MicroStrategy, the company that has a strong love for Bitcoin and at the moment they are the biggest holder of Bitcoin in the world. Read Also: Sepolia, The Second Public Testnet Runs Successfully; Major Merge Is Closed Bitcoin is over a decade now, when the coin came it was very unknown to many and the few people that were able to venture are now multimillionaires. Although the general crypto market condition is not appalling at the moment that will never reduce the popularit...
Peter Brandt, A famous Crypto Trader Showed An Important Crypto Chart Pattern That Might Be The Next Movement For Bitcoin
Bitcoin

Peter Brandt, A famous Crypto Trader Showed An Important Crypto Chart Pattern That Might Be The Next Movement For Bitcoin

A well-known crypto addict and one of the most famous in the financial industry, Peter Brandt, has displayed on his Twitter page for his subscriber to see the chart patterns on Bitcoin that may probably be a pointer to the next movement of the coin. https://twitter.com/PeterLBrandt/status/1544332651271802880 From the tweet, he sounded ironic, as he mentioned that if the chart displayed looks like a pennant and like a pennant then it is a pennant BTC.  Uninterestingly, in Bitcoin's case, some other pennant can be a pointer to the upcoming hit in a few days or weeks. Read Also: Shiba Inu's Lead Developer Reassured The Release of SHI, Shiba Inu Stablecoin In 2022 Fortunately for Bitcoin, the pennant is not a direct indication of an upcoming plunge even for any kind of asse...