Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.” Brandt’s recent analysis also indicates a potentially significant long-term upside for bitcoin, contrasting with gold advocate Peter Schiff’s bearish stance on the cryptocurrency. Peter Brandt Highlights Key Bitcoin Patterns and Bullish BTC/Gold Ratio Outlook Veteran trader Peter Brandt, […]
Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum
Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors […]
SEC Identifies 16 Crypto Tokens as Securities in Kraken Lawsuit
The U.S. Securities and Exchange Commission (SEC) has identified 16 crypto tokens as securities in its lawsuit against cryptocurrency exchange Kraken. Some of the alleged crypto securities were the same as those highlighted in the SEC’s lawsuits against Coinbase and Binance. Kraken’s CEO stressed: “We strongly disagree with the SEC claims, stand firm in our […]
Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins
On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering $ 25 billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points out that this trove is nearly on par with Satoshi Nakamoto’s legendary 1 million coins. Coinbase’s Crypto …
Arkham Intelligence Identifies Grayscale’s $16 Billion Onchain Bitcoin Holdings
Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum assets. Unmasking Grayscale’s Bitcoin Trust: Arkham Intelligence Exposes $ 16 Billion Onchain Bitcoin Assets The crypto analytics startup, Arkham Intelligence, …