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Latest Bitcoin News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Bitcoin news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Bitcoin trends and market movements.
Bitcoin Miners Forced to Offload Reserves, Marking Lowest Levels in Years: Halving to Blame
Jun 07, 2024
Bitcoin miners are offloading their holdings at a rapid pace, their reserves have plunged to a three-year low. This trend underscores a significant shift in miner behavior, likely influenced by the looming halving event. The recent Bitcoin halving has put pressure on miners. The reduction in block
Bitcoin Whales Tighten Grip: Now Control 40% of BTC Supply
Jun 06, 2024
Bitcoin whales are steadily increasing their holdings, now controlling over 40% of the total supply. According to recent data from TheBlock, addresses holding between 100 to 10,000 BTC have ramped up their accumulation. Since January, whale addresses have added around 400,000 BTC to their portfolio
Hail, HODL: 100% of Long-Term Holders Now in Profit as Bitcoin Hits $71K
Jun 06, 2024
Bitcoin’s recent surge past $71,000 has pushed all long-term holders into profit. According to Glassnode, even those who bought during the peak of the 2021 bull market are now in the green. This marks a significant turnaround as Bitcoin’s price surpasses its previous all-time high. As of June 4, a
Bitcoin Miner Reactivates Dormant Wallets, Moves 277 BTC for First Time in 11 Years
Jun 05, 2024
Bitcoin miner addresses dormant for 11 years have suddenly transferred $7 million in BTC. On-chain data reveals that these long-inactive wallets moved approximately 277 BTC recently. This activity has raised eyebrows in the crypto community, considering the prolonged inactivity. The wallets, believ
Bitcoin on Track for 18% Surge in a Few Weeks, Famous Analyst Projects
Jun 05, 2024
Bitcoin is poised for a significant surge, according to analyst Javon Marks. He projects an 18% rise, driven by a bullish breakout from a pennant pattern. This move could push Bitcoin’s price into the $80,000 range. Marks observed that Bitcoin is showing signs of strength, confirming a bullish patt
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