Bitcoin crossed $60,000 on Feb. 28 in a remarkable one-day candle, posting a 20% increase in just three days. However, the short stint at this level means we’ll have to wait another 24 hours before any meaningful on-chain data becomes available. However, the possibility of a correction within the next 24 hours can be analyzed,
The post The Bitcoin market faces a critical moment amid soaring unrealized profits appeared first on CryptoSlate.

Crypto index and basket protocols aim to allow users to gain exposure to a group of assets through a single token. On the latest episode of CryptoSlate’s SlateCast podcast, host Liam “Akiba” Wright and CEO Nate Whitehill spoke to Alvara Protocol co-founder Dominic Ryder about his project’s goal of creating an open standard for crypto
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Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings report. The firm also revealed the development of a Layer-2 network for Bitcoin called Anduro to build upon the flagship crypto’s ecosystem. Marathon chairman and CEO Fred Thiel said: “2023 was a record-breaking year for Marathon,
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Analysts say continued demand for spot bitcoin ETFs, optimism that a spot ether product will hit the market this year and anticipation of bitcoin’s next halving are the main tailwinds for this rally

Quick Take Bitcoin is notoriously unpredictable, rendering market timing an arduous task. Different investment strategies exist, including dollar-cost averaging and lump-sum buying, each with unique merits. However, recent research from Fundstrat, shared by the CEO of Bitwise, Hunter Horsley, sketches a striking pattern: missing the ten best days of Bitcoin’s returns each year essentially causes
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Justin Sun, the founder of the Tron network, owns over a quarter of the assets on the HTX (formerly Huobi) exchange reserves, as revealed in a screenshot of his wallet balance disclosed on social media platform X (previously Twitter) on Feb. 27. Although the screenshot lacks a detailed breakdown of his portfolio, Sun’s total crypto
The post Tron founder Justin Sun’s $1.6 billion wallet balance dominates HTX $4.9 billion reserves appeared first on CryptoSlate.

Bitcoin has broken above the $59,000 level recently as whales have been making huge withdrawals from the cryptocurrency exchange Bitfinex. Bitcoin Whales Have Taken Out $240 Million Worth Of BTC From Bitfinex As explained by analyst James Van Straten in a new post on X, Bitcoin’s latest push towards the $60,000 level has, in part,

The latest total broke the previous daily net inflow high of $493 million set on Feb. 13

The price of Bitcoin (BTC) broke the $60K barrier, and the Crypto Fear and Greed index shows markets are at extreme greed phase.

GALA hit a 10-month high on Tuesday after GalaSwap debuted on the gaming firm’s network with low-cost trades and incentives for users.