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The amount invested by new Bitcoin (BTC) whales is up 13x this year to nearly $108 billion on Oct. 6, according to CryptoQuant data.
The investment made by new whales represents 48.8% of Bitcoin’s total realized cap, almost reaching the $113 billion paid by “old whales.
Bitcoin’s (BTC) nearly 10% drawdown last week was a “healthy realignment” that reduced the risks of abrupt price swings in the coming days, according to the latest “Bitfinex Alpha” report.
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VanEck remains optimistic about Bitcoin’s outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns over Ethereum’s ongoing struggles with market share and declining fee generation.
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Bitcoin (BTC) has entered its historically favorable fourth-quarter period, but the potential for a strong rally remains uncertain due to weak demand growth, according to an Oct. 2 CryptoQuant report.
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Bitcoin (BTC) crashed in tandem with stock markets on Oct. 1 as tensions continued to escalate in the Middle East after Israel announced ground operations in Lebanon, which has prompted Iran to take action.
The official account of Israel Defense Forces on X shared at 4:36 P.M.
The Ethereum-based restaking protocol EigenLayer has launched its native token, EIGEN, which is now actively trading on various exchanges.
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Bitcoin’s (BTC) usual strong performance in October is threatened by high open interest in futures contracts and flattening buying activity by spot investors, according to the Sept. 30 edition of the “Bitfinex Alpha” report.
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Bitcoin (BTC) surged past $66,000 on Sept. 27 as New York opened for trading, reaching a two-month high to record its best September performance on record.
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Binance has surpassed a major milestone, processing over $100 trillion in crypto trades since its 2017 launch.
The achievement was shared by CEO Richard Teng in a post on the X platform on Sept. 24, saying:
“Earlier this month, the all-time trade volume on Binance surpassed $100 trillion.
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Artificial intelligence (AI) tokens are leading the weekly gains in crypto, registering an average return of 37% over the past seven days, according to Artemis’ data.
The performance shown by AI tokens is more than double the market’s 15.9% average gain over the period.
Bitcoin (BTC) is approaching its Aug. 25 high of $65,200, a resistance threshold that could hold BTC in a consolidation zone for more weeks, according to the latest edition of the “Bitfinex Alpha” report.
BTC is up nearly 6% since the Fed cut the US interest rate by 50 basis points.
Bitcoin price dipped to a daily low of $62,586 after briefly touching the $64,000 mark for the first time this month.
According to CryptoSlate data, the flagship digital asset has since recovered the dip and was trading at $63,127 as of press time.
Bitcoin’s (BTC) spot volume hit $16 billion on Sept. 18 following the US Federal Reserve confirming a 50 basis point interest rate cut.
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