Bitcoin - Crypto News And Market Updates

Illustration depicting Bitcoin mid-cycle phase with price structure, accumulation signals, and market depth visuals.

Bitcoin’s 2023 Stagnation: Mirage or Momentum?

May 17, 2023 Gonzalo

Bitcoin’s 2023 rally stalls below $30,000, raising fears of a market downturn. Analysts warn of volatility, with predictions as low as $10,000.

Portrait-style illustration symbolizing Michael Saylor’s philosophy and the 21 Rules of Bitcoin for long-term digital asset strategy.

MicroStrategy Announces Bitcoin Wallets for Businesses, Challenging Major Crypto Platforms

May 17, 2023 Gonzalo

MicroStrategy reveals plans to create Bitcoin wallets for businesses, aiming to boost BTC adoption through Lightning Network and rival major crypto platforms.

Tether to Allocate 15% of Profits Toward Bitcoin Acquisition

May 17, 2023 Gonzalo

Tether will invest 15% of its profits into Bitcoin to strengthen and diversify its reserves, signaling long-term confidence in BTC as a store of value.

Illustration showing Bitcoin price decline with a downward trend and bearish market signals.

Bitcoin Miners Selling Sparks Downward Pressure, But Analysts Predict Rebound Ahead

May 16, 2023 Gonzalo

Bitcoin miners are offloading coins, driving prices lower, but analysts say the sell pressure may ease soon as BTC approaches a key $24,000 support zone.

River Raises $35 Million to Expand Bitcoin Lightning Network Amid Institutional Adoption

May 16, 2023 Gonzalo

Bitcoin firm River raises $35M led by Kingsway Capital to expand Lightning Network infrastructure and drive institutional Bitcoin adoption.

Bitcoin Addresses Holding 1 BTC Hit All-Time High Above One Million

May 15, 2023 Gonzalo

Bitcoin addresses with at least 1 BTC hit an all-time high above one million, showing growing adoption as investors buy the dip during the prolonged bear market.

One Million Bitcoin Holders: Wholecoiner Addresses Hit All-Time High

May 15, 2023 Gonzalo

Bitcoin addresses holding at least one BTC have surpassed one million, Glassnode reports — a milestone reached amid price dips and rising long-term confidence.

Illustration showing SpaceX-related Bitcoin transfers with spacecraft and on-chain movement visuals.

CryptoQuant: Bitcoin Emerging From Bear Market as Institutions Eye Q3–Q4 Entry

May 11, 2023 Gonzalo

CryptoQuant says Bitcoin appears out of the bear market, with institutional investors readying Q3–Q4 entries and BTC showing growing correlation with gold.

Illustration comparing Bitcoin’s network growth to early-stage Google adoption and exponential user expansion.

Nearly One Million Bitcoin Addresses Now Hold a Full BTC

May 10, 2023 Gonzalo

The number of Bitcoin addresses holding at least one full BTC is nearing one million, reflecting growing accumulation as lower prices made the milestone more achievable.

Bitcoin on Exchanges Drops to 5.84%, Lowest Level Since 2017 Amid Rising Self-Custody Trend

May 10, 2023 Gonzalo

Bitcoin holdings on exchanges fall to their lowest level since 2017 as investors increasingly move funds to self-custody wallets after FTX’s downfall.