Investment
Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3
Tesla has announced that it experienced an impairment loss of $51 million on its Bitcoin investments in Q3. The company’s investment in Bitcoin fell, driven by relative instability in the crypto’s price experienced during that period.
Bitcoin’s Bear Trap Might be Over as Price Jumps to New ATH of $66,952
Market analyst Lark Davis Believed that the bear trap experienced in the BTC market might be over, along with reaching a new ATH of the Bitcoin's price.
The Value Stored in the Bitcoin Network Stands at an All-Time High
The value stored in the Bitcoin network is at a record high based on the realized price.
Large Bitcoin Transactions Worth More Than $100K Go Through The Roof
Large Bitcoin transactions have been on an uptrend, indicating institutional investments and whale activities.
Nearly 100% of Bitcoin Supply Slides Back to Profitability Amid an awaiting Greenlight to ETF Approval
99.02% of all BTC supply is now in profit.
Long-Term Holder Supply Shock Ratio Breaks Record as Bitcoin's Price Hits 6-Month High of $60K
On-chain analyst Will Clemente believes the next few months will be wild to Bitcoin, given that the long-term holder supply shock ratio is at an all-time high (ATH).
Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially
Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.
Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800
Bitcoin has been able to pick up the pieces because it is 11% away from the all-time high (ATH) price of $64,800 set in mid-April.
The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding
Gelato, a smart contract automation network focused on the Defi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing.
Bitcoin Entities in Profit Skyrocket to 94.3% as Open Interest Soars
As Bitcoin (BTC) briefly touched the $55K level, a fate last seen in May, profitability in this market scaled to new heights.