Global #Bitcoin

In the final days of May, Bitcoin (BTC) has kept investors and traders on edge. After reaching a new all-time high of nearly $73,000 in March, it subsequently fell sharply, dipping below $57,000 at one point. Recently, Bitcoin seemed ready to aim for new records again.

Santiment, a market intelligence platform that provides on-chain and social metrics, has identified a growing bullish sentiment among most major cryptocurrencies. Bitcoin and Ethereum are showing signs of approaching their all-time highs (ATH), and large-volume investors, known as whales, are exhibiting market behaviors that align with this positive outlook.

The Financial Conduct Authority (FCA) in the UK has taken a significant step towards aligning with other financial hubs regarding digital assets.

Mt. Gox, the now-defunct crypto exchange, has initiated a transaction involving more than 75,000 Bitcoin (BTC), which is valued at around $5 billion. This transaction is significant as it represents the first movement of these funds in over five years, stirring reactions across crypto markets.

The recent approval of spot Ether exchange-traded funds (ETFs) by the SEC on May 23 didn't extend Ether's recent rally, which saw a roughly 25% increase last week. However, it's noteworthy that the regulatory green light didn't prompt a sell-off either, suggesting that bullish sentiment for ETH hasn't waned significantly.

Coinbase is mulling over the addition of Core (CORE) to its list of supported cryptocurrencies, a move that could strengthen the Bitcoin ecosystem.

In recent weeks, the leading cryptocurrency has seen increased volatility, surging from approximately $61,000 on May 14 to surpass $71,000 by May 21. However, this upward momentum was interrupted by a corrective phase, causing the asset to dip below the $67,000 mark on May 24.

The Bitcoin white paper has been re-uploaded to Bitcoin.org following Craig Wright's unsuccessful legal attempt to prove he is Satoshi Nakamoto, the pseudonymous creator of the protocol.

Ethereum's price is rising again, surpassing the $3,800 resistance level. Currently, ETH is consolidating around $3,850, with potential for a breakout above $4,000 soon.

Tech giant Nvidia's (NVDA) significant outperformance compared to Bitcoin (BTC) over the past decade is unlikely to be replicated in the next ten years, according to crypto industry figures.

Blockchain data indicates that Bitcoin whales, who are significant holders of the cryptocurrency, are increasingly inclined towards accumulating more coins, suggesting a renewed confidence in the bull market.

New data from HODL15Capital indicates a substantial increase in spot market Bitcoin (BTC) exchange-traded funds (ETFs), with ten consecutive days of inflows amounting to over $1.68 billion.