Big Bitcoin Sell-Off: Miners Dump Billions

Crypto analytics firm Santiment reports a massive Bitcoin sell-off. Miners Cash Out Over the past two days, Bitcoin miners sold off a whopping $8.55 billion worth of BTC. This is the biggest sell-off in the last 10 months, according to Santiment. While this is a significant amount, it’s important to note that this has been…

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Florida’s Big Bitcoin Bet: A $1.85 Billion Gamble

Florida is making headlines with a massive investment in Bitcoin. The state’s pension fund is considering allocating a whopping $1.85 billion to the cryptocurrency. Why Bitcoin? Diversification and Inflation Hedge This bold move, supported by key state leaders like Governor Ron DeSantis and Speaker of the House Danny Perez, aims to diversify the pension fund’s…

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Are Bitcoin Whales Fueling Another Price Surge?

Bitcoin’s price took a small dip recently, but some analysts think a big price jump is coming. Let’s dive into what’s happening. Whale Watching: Big Investors Are Buying Big Bitcoin investors (“whales”—those holding over 1,000 BTC) have been quietly buying up Bitcoin when the price dropped between $95,000 and $99,000. This is significant because it…

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Ethereum ETFs: A Winning Week!

Ethereum exchange-traded funds (ETFs) in the US are having a fantastic run! Ten Days of Gains! For ten days straight, these ETFs have seen money pouring in – the longest winning streak since they launched in July 2024. This positive trend is likely linked to the recent US elections and overall investor optimism. December is…

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Ethereum’s Price Surge: A Bullish Outlook?

Ethereum’s price recently climbed above $4,000, but has since leveled off. Analyst Burak Kesmeci, however, sees a positive future for the cryptocurrency. Increased Activity on the Ethereum Network Kesmeci points to a significant increase in Ethereum’s active addresses as a key indicator of sustained growth. Since the US elections in November, active addresses jumped 36.26%,…

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Crypto Investor Warns of Market Shakeup

Burniske Predicts a Crypto Correction Venture capitalist Chris Burniske is predicting a shakeup in the crypto market. He believes the market is entering a period of increasing hype, and a significant correction is likely. While he doesn’t expect this correction to end the bull market, he cautions that it will likely scare off less experienced…

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