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Major Bitcoin owners made extraordinarily large purchases in a single day, totaling 47,500 BTC. CEO of CryptoQuant Ki Young Ju offered shrewd analysis, predicting a dramatic change in the market environment. Bitcoin Resilience: Less Stress from the Fed Bitcoin has surpassed $64,500 today, solidifying its position as the most popular cryptocurrency despite earlier losses. Since…
Blockchain data platform Glassnode has identified that the top 1% of Bitcoin addresses control nearly 99% of the cryptocurrency’s current circulating supply. This figure represents the highest level in three months, last seen when investors held this amount at the end of June 2023. However, it’s important to note that many of these exchanges hold…