Ethereum wallets holding at least 10,000 Ether are accumulating the cryptocurrency at a rate faster than before the 95% rally in mid-2022, according to recent data. This surge in accumulation by "mega whales," combined with technical indicators showing a bull pennant formation, suggests a potential breakout targeting $3,400 by August....
Yet Bit Digital’s all-in bet on Ethereum has undoubtedly created waves throughout the crypto community. Have they truly rewritten the corporate crypto playbook, or are they setting themselves up to step on an explosive minefield? The recent skyrocket on their stock price would lead you to believe otherwise – that...
Maybe it’s the crispness in the air, but something feels different these days in Paris. Maybe it's the spring, maybe it's the quiet hum of revolution – not the kind with barricades, but the financial kind. While Europe often treads carefully, favoring calculated risks, across the Atlantic, Bit Digital just...
Bit Digital, a company previously known for its Bitcoin mining business, has tossed an unexpected surprise into the cryptocurrency waters. In a bold move, they've announced a massive $172 million investment to significantly expand their Ethereum (ETH) holdings, now totaling a substantial 100,603 ETH. This strategic shift marks a full...
Bitcoin dominates. We all know it. The numbers don’t lie: 65% market dominance is huge. While everyone’s distracted by the headline-grabbing price swings of Bitcoin, maybe we’re missing a bigger story. Have we overlooked the altcoin space’s equivalent of the quiet revolution? This new movement is less about showy Lambos...
Bitcoin maximalism is a dangerous ideology. More than that, it’s actively hindering the evolution of cryptocurrency and, frankly, stifling the promise of a truly decentralized future. Bit Digital's bold move – ditching Bitcoin for Ethereum – isn't just a smart business decision. It's a necessary wake-up call. Quit idolizing a...
Bit Digital has quickly become an upstart, generating huge excitement in the cryptocurrency sector. Most recently, they’ve taken a big step to increase their investment in Ethereum, in turn making a smart pivot towards the flexibility and programmability that Ethereum offers to the booming decentralized finance (DeFi) sector. The company’s...
Today within the increasingly competitive cryptocurrency space, firms are fighting more durable than ever to determine themselves and their strategies as progressive and forward-thinking. Bit Digital has apparently made a complete pivot from Bitcoin mining to … well, we’re not sure yet. This controversial step has sent shockwaves throughout the...
Is Bitcoin’s unstoppable surge to 65% dominance a death warrant for altcoins. The headlines scream "Altcoin Apocalypse!" Let’s face it, that’s a little over-the-top, right? In doing so, we’re missing the forest for the trees. Bitcoin’s strength is not a threat, it is the very thing which will force change.Bitcoin...
Bitcoin now boasts a commanding 65% share of the total cryptocurrency market capitalization. This flurry creates extreme strain on altcoins and further makes improbable the possibility of a forthcoming altcoin rally. Total 2 chart without BTC have been regularly kissed the long-term 200-day moving average. Despite this trend, we have...
