Bitcoin News

Massive $204M Crypto Transfer: BlackRock-Linked Address Moves Bitcoin and Ethereum to Coinbase

Get ready for another jolt in the crypto world! Just moments ago, blockchain analytics lit up with a significant transaction involving a prominent name in traditional finance and a leading cryptocurrency exchange. On-chain data reveals a BlackRock-linked address making a massive move, transferring a staggering $204 million worth of Bitcoin (BTC) and Ethereum (ETH) to […]

Bitcoin News

Strategic $240M Bet: Bitdeer Supercharges Bitcoin Mining with TSMC Chips, Aiming for Colossal 40 EH/s Hashrate

In a bold move that underscores the escalating competition in the cryptocurrency mining sector, Bitdeer, a leading Bitcoin cloud mining firm, has made a significant investment. The company poured a staggering $240 million into acquiring cutting-edge Bitcoin mining chips from the renowned Taiwanese semiconductor manufacturer, TSMC, during the final quarter of 2023. This strategic expenditure […]

Bitcoin News

Critical Bitcoin Alert: Active Addresses Plunge to New Lows – Momentum Recovery in Doubt?

Are you watching Bitcoin closely? Recent data reveals a potentially concerning trend: Bitcoin active addresses have hit their lowest point in days. This alarming drop, highlighted by Glassnode co-founders Yann Allemann and Jan Happel (Negentropic), raises critical questions about the sustainability of Bitcoin’s recent price movements and the return of bullish momentum. Let’s dive deep […]

Bitcoin News

Massive Bitcoin Whale Accumulation: 26,430 BTC Moved in Strategic OTC and Custody Transfers

Is something brewing in the Bitcoin seas? Recent on-chain data suggests a significant shift in the cryptocurrency landscape as Bitcoin whales, the big players in the market, are making substantial moves. CryptoQuant, a leading on-chain analytics firm, has reported a noteworthy accumulation of 26,430 BTC into addresses associated with over-the-counter (OTC) transactions and long-term custody. […]