TagBull Market

11 months ago

3 Reasons Why Investing in Bitcoin Now is a Timely Move

By John Molten
2 Min read
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09November

Bitcoin’s remarkable recovery and burgeoning signs of a new bull market present compelling reasons for considering an investment in the cryptocurrency. This article explores three persuasive factors suggesting why now is an opportune time to buy Bitcoin. The End of the Bear Market: A New Crypto Spring Recent trends and analyses indicate that the grueling Bitcoin bear market of 2022 has finally ended, ushering in a new phase of growth. Bitcoin’s recovery aligns with its roughly four-year market cycle, characterized by a significant pullback followed by a surge to new highs over the...

11 months ago

Bitcoin Whales on a Buying Spree: Over $1 Billion Acquired in Just 5 Days

By John Molten
2 Min read
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02November

Recent on-chain data reveals a trend of aggressive accumulation of Bitcoin (BTC) by whales, with over 30,000 BTC, roughly $1 billion, purchased in just five days. Crypto analyst Ali highlighted this significant activity on Twitter, suggesting a growing interest from major investors in the cryptocurrency. The surge in Bitcoin ETF applications seems to have sparked this increased appetite, especially among institutions and Bitcoin whales. Data from IntoTheBlock, a blockchain analytics platform, supports this, showing a spike in institutional activity and large transactions over $100,000 on the...