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Weekly summary of Bitcoin whale activity: 78K BTC in seven days

Weekly summary of Bitcoin whale activity: 78K BTC in seven days

Bitcoin whales tended to BTC accumulation this week. From April 11 to 17, Bitcoin whales have mobilized a total of 78,031 BTC through 31 operations. In that sense, we want to tell you the details and the influence that whales may have had, or not, on the price of BTC. As always, we emphasize that…

The death spiral of TerraUSD (UST), causes a loss of 98% of the value.

The death spiral of TerraUSD (UST), causes a loss of 98% of the value.

Although it seems incredible, one of the TOP 10 on the market is practically dying. LUNA came to lose up to 99.42% from its all-time high of $119.55, to a low of $0.27 reached today, the product of a death spiral that initiated the fall of the Terra stablecoin (UST). The volatility is extreme at…

Emirates airline will accept Bitcoin as a payment method

Emirates airline will accept Bitcoin as a payment method

The largest airline in the United Arab Emirates (UAE) has announced that it will incorporate Bitcoin (BTC) as a means of payment. In addition, the Emirates airline will also launch non-fungible tokens (NFTs). To remember, Emirates Airlines, made public for the first time in April its plan to spend millions of dollars, in a strategy…

Bitcoin Gold bursts to the upside, but bulls should not be trusted

Bitcoin Gold bursts to the upside, but bulls should not be trusted

While the volatility of the crypto market is decreasing, some low-cap coins have been taking advantage of the moment to gain prominence. Such is the case of Bitcoin Gold, which has already gained about 40% during the current day. At the time of this writing, BTG is trading at $25.24, accumulating a gain of 38.16%…

Bitcoin whales mobilize 206,682 BTC in the third week of April

Bitcoin whales mobilize 206,682 BTC in the third week of April

Bitcoin whales tended to accumulation and movements between BTC wallets in the third week of April. From April 18 to 25, Bitcoin whales have mobilized a total of 203,682 BTC through 40 operations. In that sense, we want to show you the details and the influence that whales may have had, or not, on the…

Terra plans to burn $1.4MM in UST and bet 240 million LUNA! Why?

Terra plans to burn $1.4MM in UST and bet 240 million LUNA! Why?

After registering a “terrifying” crash in the assets of Terraform Labs, a proposal has been presented to try to correct the inconvenience. Terra plans to burn a significant amount of UST in order to restore the balance of the stablecoin, in conjunction with a MOON bet to “reinforce” its appeal. Below we show you the…

The Lightning network reached a capacity of more than 3,900 BTC!

The Lightning network reached a capacity of more than 3,900 BTC!

In recent days, a new “achievement” of the Lightning network was recorded. After heading through a stage of recovery from its collapse last April, it managed to reach a new all-time high. The capacity of LN easily exceeded 3,700 BTC to stand above 3,900. Below we show you the details of the event. Recovery from…

Bitcoin jumps strongly to the upside, but it’s still not enough to trust us

Bitcoin jumps strongly to the upside, but it’s still not enough to trust us

After locking itself in a sideways/bearish range for about 20 days, yesterday Bitcoin managed to escape to the upside, generating some positivity throughout the crypto market. At the time of this writing, BTC is trading at $31,598, accumulating a gain of 2.27% in the last 24 hours and 8.75% in the last 7 days. Despite…

How does the month of April close for Bitcoin whales? Check out the weekly summary of their activity

How does the month of April close for Bitcoin whales? Check out the weekly summary of their activity

By the end of the month of April, Bitcoin whales maintained the accumulation trend. From April 25 to May 1, Bitcoin whales have mobilized a total of 50,551 BTC through 34 operations. In that sense, we want to show you the details and the influence that whales may have had, or not, on the price…

Crypto summary: “In Shanghai, Bitcoin is already a virtual asset protected by Chinese law”

Crypto summary: “In Shanghai, Bitcoin is already a virtual asset protected by Chinese law”

Keeping abreast of the latest and most recent crypto news is nowadays indispensable requirement to understand the crypto world. In addition, to have the minimum capacity and tools that allow us to give our opinion in a reasonable way. Highlighting this week: “In Shanghai, Bitcoin (BTC) is already a virtual asset protected by Chinese law.”…