Quick Take Short-term holders, investors who have held Bitcoin for less than 155 days, transferred 65,000 Bitcoin in profit to exchanges on Mar. 6. According to data from Glassnode, this marks one of the highest amounts of profit sent in Bitcoin terms in the past five years, only surpassed by April 2019’s record when 75,000
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MicroStrategy’s MSTR shares surged by about 3% in pre-market trading following the company’s announcement to increase its convertible debt offering to $700 million, up from the initially planned $600 million. This uptick in stock performance maintains the ongoing positive trend observed in MSTR shares since the year began. According to data from Yahoo Finance, the
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Crypto-focused asset manager Pantera Capital is raising funds to buy discounted Solana tokens from the bankrupt FTX exchange, Bloomberg reported on Mar. 7. According to the report, the company initiated the Pantera Solana Fund to acquire up to $250 million of SOL tokens from the distressed FTX estate. This move entails purchasing SOL at a
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Arkham Intelligence has identified the on-chain Bitcoin addresses of Elon Musk‘s companies, Tesla and SpaceX. In a Mar. 7 social media post on X (formerly Twitter), Arkham disclosed that Tesla possesses 11,510 BTC, valued at $780 million, spread across 68 addresses. Additionally, SpaceX holds 8,290 BTC, equivalent to $560 million, distributed across 28 addresses. Arkham
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Tether co-founder William Quigley said Bitcoin could potentially surge to $300,000 at the peak of the current bull market, based on historical patterns of past halvings. He shared the insight during an interview with CNBC, where he discussed the market conditions influencing Bitcoin as the halving approaches. Quigley clarified that his analysis is not a prediction
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Ether isn’t exactly close to record highs, but some validators are still making a move

The cryptocurrency bull market is on a significant rise. The current bull run momentum is running strong. With…

Bitcoin and gold have reached simultaneous record highs, echoing a symphony of surges that perplex market observers globally. This simultaneous surge in Bitcoin and the precious metal, traditionally considered disparate instruments in the investment orchestra, has prompted widespread contemplation and analysis. It’s akin to witnessing two virtuoso performers, each with their own distinct instrument, playing

Core Scientific said the possible revenue from its multi-year deal with cloud provider CoreWeave exceeds $100 million

The Shiba Inu burn rate has seen a rapid decline after a week of impressive activity. The number of SHIB tokens burned in the last day has fallen against the figure from the prior day, suggesting a decrease in participation when it comes to burning the meme coin. Shiba Inu Burn Falls 10% As data