Bitcoin whales seem to accumulate their tokens, while BTC increases its correlation with the S&P 500
Bitcoin whales have remained on the surface as BTC recedes to its lows of months ago. In this brief summary, we show you the most outstanding trends of Bitcoin whales and some interpretations of their actions. May has been marked by the systematic liquidation that brought Bitcoin below US$30k. We are also in a context…
Charles J. Worley
Are you going to invest in LUNA 2.0? Think twice
In recent weeks, the implosion of the Terra ecosystem has dominated the headlines. Certainly, users lost billions. In that regard, even Dogecoin co-founder Billy Markus criticized Terra’s attempt to launch LUNA 2.0 and called those who buy it “truly fools.” Something that could be added in this case is that there are multiple whistleblowers who…
What should I keep in mind when investing in Bitcoin
Today, there are many accredited cryptocurrency exchanges in the EU, as well as international exchanges that offer Bitcoin in Spain, however, how to trade on them remains a fairly common doubt. In addition, there are multiple payment methods to buy Bitcoin or other cryptocurrencies, and these can sometimes be somewhat confusing for those who are…
Margaret Reed
Michael Saylor: “Bitcoin is going to reach the millions”
Michael J. Saylor is an American entrepreneur and business executive, CEO of MicroStrategy. And despite the massive sale of Bitcoin, he stands firm in his decision: “Buy and hold Bitcoin.” «There is no target price. I hope that we will be buying Bitcoins in the local top forever. And I hope Bitcoin will reach the millions. So…
Bitcoin whales sell their tokens as BTC falls and its implied volatility increases
According to Whale Alert, during this week, whales have mobilized a total of 98,672 BTC through 65 operations. Apparently, whales sell their Bitcoins quickly. At the same time, the value of Bitcoin has fallen below US$30K. Is there any correlation? See. Analyzing Bitcoin whale trends: why are they selling their tokens? Firstly, the predominant trend…
Crypto summary: “Portugal objects to cryptocurrency tax proposal”
Another crypto week culminates and in this edition, we bring you the most outstanding news. Probably, the most important information of this crypto summary, is about: “Portugal objects to cryptocurrency tax proposal”. As usual, for this crypto summary, the 5 most important news of the week are selected. These are the headlines: Portugal refutes cryptocurrency…
Avalanche (AVAX) is one of the biggest losers this week, and it could still get hit harder
Avalanche (AVAX) is the 2nd biggest loser in the crypto market this week, only below the Terra USD stablecoin, which has lost 54.17% in the last 7 days. At the time of this writing, AVAX is trading at $23.01, accumulating a loss of 4.92% in the last 24 hours, and 24.96% in the last 7…
Andrew Kang indicates that MicroStrategy will not sell its Bitcoins
Andrew Kang, chief financial officer (CFO) of MicroStrategy, has signaled that the firm will not back down from its Bitcoin investment plans. Despite the correction of it. He even pointed out that investors are aligned with the company’s decision. Currently, Andrew Kang, with a Bachelor of Arts in Biology and a postgraduate degree in Accounting,…
Bitcoin whales slow down their activity and the accumulation of BTC this week
Again, the end of a month marked by the fall of Bitcoin and the cryptocurrency market in general is approaching. In this context, monitoring the activity of Bitcoin whales becomes a more than necessary exercise, considering the perspectives they can give us of what is happening in the market. As always, we emphasize that this…
Bitcoin whales introduce liquidity to the market as BTC struggles to stabilize
After having touched US$28K, Bitcoin seems to try to rebound briefly. Factors that can influence the performance of cryptocurrency include Bitcoin whales. That is why monitoring the activity of Bitcoin whales becomes useful. Here we show you the details, especially the way whales have been introducing liquidity to the BTC market. As always, we emphasize…