Coinbase Rally May Be a Selling Opportunity, Says Bank of America
Analyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high. Original Source
Read MoreAnalyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high. Original Source
Read MoreGalaxy Digital Holdings CEO Mike Novogratz hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis saying while it’s “not good news,” it won’t “include a lot of selling.”In a Jan. 10 interview on CNBC’s Squawk Box Novogratz said he expects the current debacle facing DCG and
Read MoreBut Fanatics’ CEO Michael Rubin wrote in the internal email that “Divesting our ownership stake at this time allowed us to ensure investors were able to recoup most of their investment via cash or additional shares in Fanatics – a favorable outcome for investors, especially in an imploding NFT market
Read MorePlace/Date: - January 3rd, 2023 at 1:43 pm UTC · 3 min read Source: Orbeon Protocol Everyone knows that there has been a recent drop in the value of cryptocurrencies on the market. Prices have been falling steadily since the start of the year, and investor confidence
Read MoreThe impact of bitcoin whales and their activities has always been felt in the general market. This goes from buying to selling, and just the way they move their coins. Once again, these whales still hold sway in the market and their activity could spell a bottom signal. Santiment Says Bitcoin
Read MoreLondon-based Bitcoin miner Argo Blockchain PLC’s stock price spiked by more than 100% during U.K. trading hours on Wednesday and closed up 73.33% on the London Stock Exchange after the company announced it would sell its Texas-based Helios facility to Galaxy Digital Holdings Ltd, a financial services and investment management
Read MoreA close look at the regulatory filing shared by the firm showed that it offloaded a total of 704 Bitcoin units worth approximately $11.8 million.The most Bitcoin (BTC) bullish Wall Street company in the world, MicroStrategy Incorporated (NASDAQ: MSTR) has announced it has increased its Bitcoin holdings by exactly 2,395
Read MoreOn-chain data shows the Bitcoin miner selling power has plunged recently, a sign that could be positive for the crypto’s price. Bitcoin Miner Selling Power Has Plummeted In Recent Days As pointed out by an analyst in a CryptoQuant post, there has been less selling pressure from the miners recently. There are
Read MoreThe on-chain data for the stablecoin redemptions during the recent price plunge could suggest there aren’t many Bitcoin holders selling anymore. Stablecoin Redeem Count Has Remained Low Recently As pointed out by an analyst in a CryptoQuant post, large stablecoin redemptions have usually accompanied major declines in the Bitcoin price during this
Read MoreBitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues.Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called “accumulation addresses” is nearing all-time highs."HODL-only" BTC addresses climb closer to 1 million markBehind the scenes in the 2022 Bitcoin
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