Press Release

[ad_1] Pro-Bitcoin presidential candidate Robert F. Kennedy Jr. has withdrawn from the 2024 race and endorsed former President Donald Trump. Following this announcement, Bitcoin’s price surged by over 4% in the last 24 hours, pushing it past the $64,000 mark for the first time since early August. RFK Jr. Suspends Campaign, Backs Trump On August […]

[ad_1] Historical on-chain data shows that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the case at the moment. Current market dynamics suggest that such price movements are unlikely in the near term because BTC demand growth has remained at low levels. A recent report from CryptoQuant revealed that […]

[ad_1] Bitcoin is beginning to show signs of a potential upward trend as several on-chain metrics are turning positive. These metrics, which often serve as indicators of future price movements, paint a picture of growing optimism in the market. One of the key indicators supporting this positive outlook is the exchange inflow/outflow data, which reveals […]

[ad_1] Babylon has unveiled a Bitcoin staking program, establishing a new precedent in the crypto sector. This strategy allows users to stake Bitcoin while retaining custody, offering a transformative way to utilize a $1.2 trillion asset without surrendering control. That being said, some speculate that Babylon is akin to EigenLayer for Bitcoin. Babylon Bitcoin Staking […]

[ad_1] Crypto over-the-counter (OTC) desks, which facilitate high-volume transactions among buyers and sellers, currently hold 368,000 bitcoin (BTC), valued at a staggering $22 billion in current market prices. This marks the highest level seen since June 2022. A report from on-chain analyst CryptoQuant revealed that the $22 billion in BTC was propelled by a notable […]

[ad_1] A crypto analyst has emphasized the need to stay invested in Bitcoin (BTC), forecasting a significant breakout to the upside. Despite BTC’s previous price crash and market volatility, the analyst has remained bullish on the cryptocurrency’s future outlook. Bitcoin Bullish Surge Incoming In an X (formerly Twitter) post on August 20, a crypto analyst […]