Buying

Spot Buying Drives BTC Rally as Market Awaits Fed Rate Cut: Bitfinex

Spot Buying Drives BTC Rally as Market Awaits Fed Rate Cut: Bitfinex

While bitcoin (BTC) faces local resistance levels, the crypto asset is experiencing a rally driven by aggressive spot market activity. According to a Bitfinex Alpha report, on-chain metrics suggest bitcoin’s momentum is currently bullish. This outlook is also reinforced by rising inflows into the United States spot Bitcoin exchange-traded funds (ETFs), signaling growing confidence among […]

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The Big Players Are Buying: Bitcoin Whales Scoop Up 94.7K BTC in Just 6 Week

The Big Players Are Buying: Bitcoin Whales Scoop Up 94.7K BTC in Just 6 Week

The choppy consolidation in bitcoin’s price action has many market players worried. However, certain holders of the world’s largest crypto asset are seemingly increasing their holdings. In fact, bitcoin whales, particularly those holding between 100 and 1,000 BTC, have significantly increased their holdings. Bitcoin Accumulation Over the past six weeks, this cohort of whales has

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Someone is Buying the Ethereum (ETH) Dip… But It’s Not What You Think

Someone is Buying the Ethereum (ETH) Dip… But It’s Not What You Think

There are no two ways around it: Ethereum’s price fell off a cliff throughout the past 24 hours. It lost 22% during the day and over 33% in the past week. Source: TradingView As CryptoPotato reported earlier today, one of the largest crypto trading firms – Jump Crypto – has been offloading ETH positions for a few

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Bitcoin ETF vs Buying BTC Directly: What’s Better?

Bitcoin ETF vs Buying BTC Directly: What’s Better?

A spot Bitcoin exchange-traded fund (ETF) has been one of the hottest topics over the past few years. Many investment companies, both traditional and crypto-oriented, have been filing multiple applications with the United States Securities and Exchange Commission over and over again. On January 10th, 2024, the SEC finally gave the go-ahead and greenlighted a

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