New BTC Whales Surge: $100B+ Investment Signals Market Shift
Fresh Bitcoin whales invest over $100 billion, representing 48.8% of Bitcoin's realized cap. On-chain data shows significant market transformation.
Karim Noun
New Bitcoin whales have invested nearly $108 billion, representing 48.8% of Bitcoin's realized cap. This surge in investment, along with increasing active addresses, signals a potential market transformation, though speculative pressures remain.
Trump edges ahead of Harris in 2024 election betting markets. Musk calls it more accurate than polls as money is involved, sparking debate on predictive market's accuracy
Karim Noun
Donald Trump has taken a slight lead over Kamala Harris in 2024 presidential election betting markets. Elon Musk endorses the predictive power of these markets, while analysts debate their accuracy and potential impact on Bitcoin prices.
Court Approves FTX's $16.5B Plan to Repay Customers
Court approves FTX's $16.5 billion bankruptcy plan to repay defrauded customers in cash with interest, starting within 60 days of plan implementation.
Karim Noun
A US court has approved FTX's $16.5 billion bankruptcy plan, allowing it to repay defrauded customers in cash with interest. The plan prioritizes customer claims and aims to reimburse 98% of customers with nearly 119% of their account value as of November 2022.
DOJ and SEC support lawsuit claiming Nvidia misled investors about crypto mining revenue impact, urging Supreme Court to revive the case.
Karim Noun
The US DOJ and SEC have filed an amicus brief supporting a class-action lawsuit against Nvidia. The lawsuit alleges that Nvidia misrepresented the impact of crypto mining on its 2017/2018 revenue, with authorities arguing that crypto mining played a larger role than suggested.
HBO's BTC Creator Documentary Fuels Speculation and Controversy
An upcoming HBO documentary allegedly revealing Bitcoin creator Satoshi Nakamoto's identity has sparked intense debate. The crypto community remains skeptical, criticizing media portrayal of Bitcoin's history and its association with criminal activity.
Karim Noun
An upcoming HBO documentary allegedly revealing Bitcoin creator Satoshi Nakamoto's identity has sparked intense debate. The crypto community remains skeptical, criticizing media portrayal of Bitcoin's history and its association with criminal activity.
Standard Chartered Sees Opportunity in Bitcoin's Price Dip
Standard Chartered advises buying Bitcoin under $60,000, citing "interesting circularity" between geopolitical tensions and US election prospects.
Karim Noun
Standard Chartered suggests Bitcoin's dip below $60,000 is a buying opportunity. The bank notes an intriguing dynamic where geopolitical tensions push prices down, while increased odds of a Trump victory boost Bitcoin's post-election prospects.
El Salvador Strengthens Bitcoin Stance Despite IMF Concerns
El Salvador expands Bitcoin regulations and adoption, defying IMF recommendations. Crypto community supports the country's bold moves in digital assets.
Karim Noun
El Salvador has passed new laws expanding Bitcoin regulation and adoption, despite IMF concerns. The country aims to become a global leader in digital asset regulation, while the crypto community encourages El Salvador to maintain its pro-Bitcoin stance.
Bitcoin Q4 Rally Uncertain: Clouded by Sluggish Demand
As CryptoQuant’s analysis shows, the prospects for Bitcoin’s Q4 rally are questionable because demand growth is low. Historically performance in halving years has been positive, but current demand signals suggest a potential struggle to reach already projected price targets.
Karim Noun
As CryptoQuant’s analysis shows, the prospects for Bitcoin’s Q4 rally are questionable because demand growth is low. Historically performance in halving years has been positive, but current demand signals suggest a potential struggle to reach already projected price targets.
Bitwise Files XRP ETF: A New Chapter in Crypto Investment
Bitwise has filed for an XRP ETF trust in Delaware, joining Grayscale in the XRP trust market. This move follows Ripple's partial win against the SEC, but approval for non-Bitcoin/Ethereum crypto ETFs remains challenging.
Karim Noun
Bitwise has filed for an XRP ETF trust in Delaware, joining Grayscale in the XRP trust market. This move follows Ripple's partial win against the SEC, but approval for non-Bitcoin/Ethereum crypto ETFs remains challenging.
Escalating Middle East tensions caused a crypto market crash, resulting in $489 million liquidations. Bitcoin fell 3%, while altcoins saw heavier losses. Gold and the US dollar surged as investors sought safe havens.
Karim Noun
Escalating Middle East tensions caused a crypto market crash, resulting in $489 million liquidations. Bitcoin fell 3%, while altcoins saw heavier losses. Gold and the US dollar surged as investors sought safe havens.