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Bitcoin Soars: Major Players Ready for $40,000 Rush
Bitcoin whales have amassed a staggering amount of cryptocurrency, amassing over 30,000 BTC, equivalent to around $1 billion, in the past week. The move comes at a time of growing institutional interest in Bitcoin, amid expectations of a spot Bitcoin ETF being approved.
While Bitcoin is currently consolidating around $35,000, whales and institutional players continue to actively accumulate the cryptocurrency. Meanwhile, Bitcoin ETF applications have been filed by major investment firms such as VanEck and BlackRock, highlighting the growing interest in regulated Bitcoin products.
Analysts are optimistic that Bitcoin will continue to rise, and this continues to attract investor attention. However, there are still mixed views on the prospects for a spot Bitcoin ETF, and investors remain cautious as they await approval of the product.
#bitcoon
Bitcoin whales have amassed a staggering amount of cryptocurrency, amassing over 30,000 BTC, equivalent to around $1 billion, in the past week. The move comes at a time of growing institutional interest in Bitcoin, amid expectations of a spot Bitcoin ETF being approved.
While Bitcoin is currently consolidating around $35,000, whales and institutional players continue to actively accumulate the cryptocurrency. Meanwhile, Bitcoin ETF applications have been filed by major investment firms such as VanEck and BlackRock, highlighting the growing interest in regulated Bitcoin products.
Analysts are optimistic that Bitcoin will continue to rise, and this continues to attract investor attention. However, there are still mixed views on the prospects for a spot Bitcoin ETF, and investors remain cautious as they await approval of the product.
#bitcoon
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Another solo miner has mined a block of Bitcoin😉😉
On October 29, a single miner with an equipment hashrate of 11 PH/s included block #814,308 in the blockchain of the first cryptocurrency. This was announced by CKPool pool administrator Con Kolivas. According to BTC.com, the user received a reward of 6.25 BTC ($217,546 at the time of writing) and a commission of 0.09 BTC. I wish I had that luck 😝#bitcoon #btc #CryptoNews $BTC