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news-imageOctober 18, 2024

Tesla Moves $760 Million in Bitcoin: What Does It Mean

Tesla has moved its entire Bitcoin holdings—totaling 9,720 BTC, valued at over $760 million—into new, unidentified wallets. This transfer, first reported by the blockchain analytics firm Arkham Intelligence, has sent ripples through the cryptocurrency community and raised numerous questions about Tesla's future direction regarding digital assets.
Publisher: The Currency Analytics
Sentiment: Neutral
BTC

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Neutral
cover-imageUToday
October 18, 2024

'Diamond Hands' Bitcoin Investor Sells BTC After 5 Years of HODLing

A "diamond hands" Bitcoin investor, which has been holding the major cryptocurrency for the last five years, has made headlines by selling 199 BTC, valued at approximately $13.55 million, just over one hour ago, as Lookonchain reported. Initially, this anonymous investor had withdrawn 801 BTC, worth around $8.25 million, from the Huobi exchange, at a price of $10,297 five years ago.

Positive
cover-imageThe Currency Analytics
October 18, 2024

Bitcoin Price Forecast: Recent Rally Fuels “Uptober” Hopes

Bitcoin (BTC) is trading at approximately $67,000, showing slight declines after an impressive 7.5% rally earlier in the week. Despite this small pullback, enthusiasm is building around the crypto currency, especially as recent reports from Crypto Quant reveal a resurgence in Bitcoin demand and highlight the favorable conditions for price increases.

Positive
cover-imageBenzinga
October 18, 2024

Bitcoin Takes Aim At All-Time Highs: What Does It Mean For Altcoins?

Crypto trader Smiley Capital shared insights on how Bitcoin's (CRYPTO: BTC) potential expansion could impact altcoins in the coming months. What Happened: The trader pointed out in a post on X on Friday that if Bitcoin breaks the $70,000-$74,000 range and begins its bull run, altcoins could underperform during the process.

Neutral
cover-imageBitcoinist
October 18, 2024

Bitcoin Whale Watch: Which Crypto Exchange Does Big Money Prefer?

Here's what on-chain data says regarding which cryptocurrency exchanges are currently the preferred platform for the Bitcoin whales. Bitcoin Exchanges Ranked According To Whale Ratios In a new post on X, CryptoQuant community manager Maartunn discussed which exchange is currently number one in the Bitcoin Exchange Whale Ratio.

Positive
cover-imageCrypto Daily
October 18, 2024

Bitcoin (BTC) consolidates after breakout

After breaking through the top of its bull flag, the Bitcoin (BTC) price is now consolidating above. Will Bitcoin now go on to surpass the last swing high at $70,000, or could the bulls start to run out of steam?

Positive
cover-imageCoinPedia
October 18, 2024

Future of Bitcoin is Tied to Gold's Record High

Gold has hit a new record high and reached $2,696.72 per ounce. This shows how economic uncertainty has pushed investors towards safe haven assets. Gold remains a top choice for stability. On the other side, Bitcoin is called the digital Gold and is increasingly becoming a digital alternative.

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