Global #Bitcoin

While the recent Bitcoin crash sent shockwaves through the market and triggered a wave of panic selling, on-chain data reveals a different story among the largest holders, often referred to as "whales."

German law enforcement appears to be continuing the sale of confiscated Bitcoin, according to recent on-chain analysis. This follows a prior sale of around $170 million worth of the cryptocurrency last week.

Bitcoin (BTC) has long been the king of cryptocurrencies, but Ethereum (ETH) is making a strong case for the throne. While Bitcoin remains the most valuable crypto by market cap, Ethereum boasts unique features that are attracting growing interest.

Phantom, a well-known crypto wallet for the Solana ecosystem, is making a move towards a future that supports multiple blockchains. In a recent announcement, Phantom revealed it's adding support for Bitcoin (BTC), alongside a unique NFT minting event on the Bitcoin blockchain itself.

In a surprising turn of events, memecoins are defying the overall crypto market slump and experiencing a surge in value. Over the past 24 hours, several memecoins have witnessed double-digit growth, breaking away from a week-long downtrend.

Fears of a major Bitcoin price drop due to the upcoming Mt. Gox exchange repayment plan might be overblown, according to a recent report by Galaxy Digital. The cryptocurrency investment firm believes the market is anticipating a much larger sell-off than what is likely to occur.