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While Speculators Believe Bitcoin’s Third-Largest Wallet Is a Mystery Whale, Onchain Data Suggests It’s an Exchange

While Speculators Believe Bitcoin’s Third-Largest Wallet Is a Mystery Whale, Onchain Data Suggests It’s an ExchangeThe price of bitcoin has dipped below the $60K zone, a number of people have been talking about the third-largest bitcoin address called “1P5ZED” which has accumulated thousands of bitcoin during the last few days. Nobody knows who the owner of the wallet is but it holds more than 111,359 bitcoin, as it’s been steadily […]

Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift

Bitcoin To Challenge Gold as an Asset and Have Big Q4 Rally, According to On-Chain Analyst Willy Woo

Popular on-chain analyst Willy Woo sees Bitcoin (BTC) as an emerging challenger of gold and expects the leading crypto to ignite a strong uptrend at the tail end of this year. In a new interview, Woo notes that Bitcoin is only a few more multiples away from matching gold’s financial cap of about $4 trillion. […]

The post Bitcoin To Challenge Gold as an Asset and Have Big Q4 Rally, According to On-Chain Analyst Willy Woo appeared first on The Daily Hodl.

Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift

As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year LowsOnchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest Has Dropped Since May While bitcoin (BTC) prices […]

Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift