Blockchain analytics firm Glassnode reports a 2.86% increase in first-time Bitcoin investors over the past two weeks, with new holders climbing from 4.77 million to 4.91 million unique addresses. This growth represents a significant expansion of Bitcoin’s investor base and… Read More »First-Time Bitcoin Investors Surge 2.86% in Fortnight, Signaling Market Momentum
Michael Saylor has expanded his Bitcoin portfolio to 601,550 coins, consolidating his position as one of the asset’s most prominent advocates. The growth in holdings signals a strategic emphasis on accelerating Bitcoin adoption and reinforcing market liquidity infrastructure within the… Read More »Michael Saylor Increases Bitcoin Holdings to 601,550 Coins, Reinforcing Market Commitment
Gate exchange reported significant engagement in the second phase of its ‘Red Bull Racing Tour’ event, drawing nearly 13,000 participants. The trading activity during this phase surpassed $2.2 billion in transaction volume. This milestone underscores robust market activity and liquidity… Read More »Gate’s ‘Red Bull Racing Tour’ Phase 2 Attracts 13,000 Participants with $2.2B Trading Volume
Two Bitcoin wallets inactive since 2011 have transferred 20,000 BTC valued at approximately $2.1 billion, showcasing the cryptocurrency’s market maturity amid substantial transactions. The movement of funds, dormant for 14 years, occurred without triggering immediate price volatility. Bitcoin maintained stability… Read More »Dormant 2011 Bitcoin Wallets Move $2.1 Billion Without Disrupting Market
Recent cooling in Bitcoin’s spot trading volume is signaling a potential local market top, as short-term holders capitalize on price gains accumulated since earlier this year. Simultaneously, institutional demand remains evident through substantial net inflows into US Spot Bitcoin ETFs,… Read More »Bitcoin Market Outlook Weighed by Trading Volume Decline, ETF Demand, and Fed Policy