Bitcoin News Thebittimes.Com

During the European session, Bitcoin is trading bullish , having bounced off above $18,900 to trade at $19,300. According to data compiled by cryptocurrency research firm Santiment, the proportion of large investors who hold the cryptocurrency with the largest market capitalization, Bitcoin (BTC), is growing. At the same time, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone reports that the BTChash rate discount is at a record low not seen since the second quarter of 2020. BTC Addresses Holding $1,900,000,000 BTC Reach 20-Month High The recent research from cryptocurrency research firm Santiment could be one of the reasons for BTC's price action . According to Santiment, the number of Bitcoin whale accounts holding between 10,000 and 100,000 BTC ($190,000,000 and $1,900,000,000) has hit its highest level since February 2021. Moreover, the number of addresses carrying between 10 and 100 BTC ($190,000 and $1,900,000). According to the analytics fi...

During the European session, Bitcoin traded choppy in a narrow range of $19,400 to $19,000, and this range remains intact. The bear market has lasted for quite some time and shows no signs of ending.  Bitcoin is the most valuable cryptocurrency, and its price moves have a noticeable impact on the market regardless of whether it is trending up or down. Although Bitcoin is trading bearish, the $19,000 support level keeps losses limited. Bitcoin Named "First Decentralized Cryptocurrency" by Guinness Since 1955, the yearly Guinness World Records (GWR) reference book has documented the greatest natural and human-made achievements and events around the globe. This year, GWR expanded its yearly records to include Bitcoin, the first and most valuable cryptocurrency network. Bitcoin, Satoshi Nakamoto's cryptocurrency and blockchain network, has been widely praised and recognized by both online and offline media outlets. For example, the word "bitcoin...