CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility. Source link The post Bitcoin whale accumulation echos 2020: CryptoQuant CEO appeared first on AabeyLLC Crypto. Source link
A closely followed trader is claiming that no new retail investors are joining the crypto market, but he believes one event could attract the newbies. Pseudonymous trader The Flow Horse tells his 217,800 followers on the social media platform X that it will likely take Bitcoin (BTC) hitting six figures before new retail investors start…
Bitcoin currently holds over 50% of the market dominance in the cryptocurrency sector and is generally considered less volatile than other cryptocurrencies. Let’s explore which altcoins might perform well in June if Bitcoin surges to its all-time high of $73,000. Bitcoin Nears ATH at $68,000, But Some Altcoins Remain Undervalued After experiencing a correction to…
Analysts from the market intelligence platform CryptoQuant say the recent bitcoin (BTC) moves by the defunct crypto exchange Mt. Gox are no cause for alarm and would cause no immediate selling pressure on the digital asset. According to the latest weekly report from the analytics firm, the transfers were executed between Mt. Gox’s trustee addresses…
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. ARK Invest and 21Shares will continue their collaboration on other projects, such as the ARK 21Shares Bitcoin ETF. The SEC recently approved 19b-4 forms for…
Earlier today, the Japanese crypto exchange DMM Bitcoin reported losing over $300 million worth of Bitcoin in “an unauthorised leak” from its digital wallet. This comes at a time when another defunct Japanese exchange Mt. Gox has been working on its repayment plans. DMM Bitcoin Exchanges Loses 4,502.9 BTCs DMM Bitcoin has refrained from providing…
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator. Financial innovators are playing the long game with the United States Securities and Exchange Commission (SEC), and it’s only fair, according to Franklin Templeton head of digital assets Roger Bayston. “The SEC, like a lot of regulatory bodies,…
National Aeronautics and Space Administration (NASA) and IBM Research (NASDAQ: IBM) have developed an artificial intelligence (AI) model designed to support a broad range of weather applications, which experts say could mitigate collateral damage in natural disasters. The new model, dubbed the Privthi-weather-climate foundational model, features different functionalities for meteorologists and climate activists, setting the stage…
Japan-based tech company SoftBank (NASDAQ: SFTBF) has turned its attention to artificial intelligence (AI), with analysts predicting that the firm’s investment in the field could climb as high as $9 billion. The last 12 months have been eventful for the tech company, with executives hinting at high-level partnerships and investments in frontline AI developers. After months of peering from…
The flagship cryptocurrency Bitcoin ($BTC) has been seeing an influx of capital from whale wallets, which have been adding around $1 billion worth of BTC per day, according to data from the cryptocurrency’s blockchain. That’s according to the CEO of cryptocurrency analytics firm CryptoQuant, Ki Young Ju, who revealed on the microblogging platform X (formerly…