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Bitcoin Accumulation Continuously Increasing: Looking Positive for the Long Term Prospects of BTC?
The total holdings of large and medium-sized Bitcoin holders have increased to 15.2 million, the highest level since January 2022
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Positive FTX ignites the upward trend of Dog Coin (DOGE)
After the recent release of court documents, concerns about the possible liquidation of $42 million worth of dog currency assets by FTX have been somewhat alleviated. This news has led to a slight increase in the price of dog coins this week, reaching $0
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Bitcoin (BTC) fell below $30000, while counterfeit coins fell after positive news from Ripple
The positive result of Ripple v. SEC undoubtedly ignited the whole Cryptocurrency market
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Without a positive catalyst, Bitcoin's $28000 mark is still difficult to overcome
After the Biden administration and Republican lawmakers reached a preliminary agreement on the US Debt limit, Bitcoin briefly recovered $28000 of lost ground for the first time since the beginning of this month. However, according to Bitcom terminal data, as of the time of press release, Bitcoin fell below $28000, and the Ethereum transaction price hovered around $1910
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Latest article on grayscale: Ordinals may have a positive impact on the Bitcoin network
Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit
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Discussions in the United States on raising the debt ceiling and delaying the banking crisis are both positive for Bitcoin
Author: GregCipolaro, Global Research Director, NYDIG Compiled by WEEXBlogSummary: Bitcoin, as a non sovereign means of storing value, may be seen as an effective investment choice and hedging tool for those seeking to protect themselves from the conspiracies of politicians and monetary policymakers.Reading summary:The debate on the US debt ceiling is coming ahead of schedule due to the decline in tax revenue, which may highlight the importance of Bitcoin