Saturday, January 28, 2023
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Blockchain Op-Ed

Bitcoin Whales are in Accumulation Mode

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Despite the bearish price action we have seen over the past year, Glassnode data indicates that Bitcoin whales have continued to accumulate. According to Glassnode, Bitcoin whale addresses (number of Bitcoin addresses above 10,000 Bitcoin) has risen sharply this year, as shown below. This means there is a significantly larger portion of Bitcoin whales now compared to the start of the year, as...

Aptos (APT) Rises 500% as Bitcoin Stabilises Around $23,000 – What’s Behind...

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin traded above the recent high of approx. $23,300 last night and reached a high of approximately $23,800. However, it deviated the previous high...

Bitcoin Remains Near Recent Highs and Theta NFT Sales Increase by 239% as...

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin continued its surge over the weekend, rising to a peak of around $23,400. This has left a CME gap on the Bitcoin CME...

Bitcoin Rallies After Release of Softer U.S. CPI

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin has climbed to $17,800 at time of writing, following softer U.S. CPI released...

JP Morgan Makes Historical Move with New Crypto Wallet

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin and crypto markets bounced back for a while on wednesday following the continuation of...