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Bitcoin (BTC) whales clearly expect massive price rises in future as the number of wallets containing over 1,000 BTC ($35 million) hits an all-time high.Data from on-chain analytics resource Glassnode confirms that as of Jan. 20, there were in excess of 2,400 large-balance wallets.Whale wallets hit record highsIn 2021 alone,
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Bitcoin’s uptrend over the past few months has been historic, with bulls taking full control of its price
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You’re reading First Mover, CryptoX’s daily markets newsletter. Assembled by the CryptoX Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money
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Warren Buffett has bought stakes in five Japanese trading firms, reports say. Buffett trimmed Berkshire Hathaway’s position in U.S. banks and built a position in Barrick Gold. Growing Japanese investments coincide with the Fed’s radical monetary policy change and the fading dollar. Berkshire Hathaway and Warren Buffett’s message has been clear. They lack
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A JP Morgan global strategy head says Trump will likely win the 2020 election. The stock market seems to agree. Wall Street analysts and clients generally view a Joe Biden Administration as unfriendly to equities. But the S&P 500 is sailing along, carefree of this outcome. Let’s set politics aside for a moment
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Bitcoin’s (BTC) consistent failure to break the $9,400 level over the past three weeks has led to some analysts becoming skeptical about the chance of a positive breakout. Although the $9,000 support has been holding strong for the past 50 days, any slightly negative indicator tends to get more attention from
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With bitcoin looking heavy this week, short-term sentiment in the options market has flipped bearish. Disclosure: The author holds no cryptocurrency assets at the time of writing. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX
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When India’s Supreme Court overturned the banking restrictions for crypto exchanges back in March, everything changed. Since then, Binance joined the Internet and Mobile Association of India (IAMAI), which played a key role in overturning the ban, and noted explosive growth via WazirX, the Indian exchange Binance acquired in 2019. A
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Gaming behemoth Atari announced that holders of its Atari token will be able to spend it on betting, gaming and shopping.According to an announcement on June 12, the new offerings for Atari token holders follow a partnership with esports firm Unikrn.With the partnership, Unikrn will get access to Atari’s classic
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Elon Musk has always been polarizing, but the controversies are piling up amid the coronavirus pandemic. Exasperated investors wish he would just stop tweeting. The majority of Tesla employees secretly feel the same way too. Elon Musk has never been a stranger to controversy. But in the age of
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