Category Btc

Prepping For $100,000: Bitcoin Shark And Whales Spend Over $18 Billion To Buy BTC

Almost every Bitcoin investor is anticipating a continued price surge as the crypto continues to trade around the $70,000 price mark. On-chain data has shown a large part of this surge can be attributed to the accumulation by large whales.  Bitcoin is undoubtedly home to a lot of these whale addresses holding hundreds of millions…

Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin

On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here’s why this may be relevant for Bitcoin. Coinbase Has Just Seen A $1.4 Billion USDC Inflow As pointed out by analyst Maartunn in a exchange inflow,” which keeps track of the total amount of a given asset entering into the wallets…

Grayscale Bitcoin ETF Sees Drastic 60% Drop In Outflows, Why This Is Important

The outflows from the Grayscale Bitcoin ETF rocked the market hard last week, leading to a dramatic decline in the BTC price. However, with the new week, there has been a change in direction as investors begin to get bullish on Bitcoin once more. As a result, the outflows from the Grayscale ETF have slowed…