By Jordan Lyanchev Bitcoin’s breakout attempt faced another rejection at $65,000 earlier this week, and the bears appear to be in control once again, driving the asset south to under $63,000. One particular bear has garnered the community’s attention with massive short positions that they keep building on. Data provided by Lookonchain indicates that the […]
Tag: PPI
By Jordan Lyanchev Bitcoin investors received what should have been a fairly supportive and positive combination of macroeconomic data in the past week, starting with the weak US jobs report last Friday. However, the asset failed to produce any significant gains, again. Moreover, it has lost some traction and is actually down on a weekly […]
Key highlights: A dormant Bitcoin wallet transferred BTC worth at least $383 million The coins were originally bought when Bitcoin was $16,000 The transfer happened just as BTC recovered to around $65,000 A silent At the time, the portfolio was worth about $100 million. Today, it is valued at $383 million, which is a gain […]