Author name: Peter

Are Bitcoin Whales Accumulating Bitcoin During Price Dips?

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Bitcoin's recent price volatility has sparked curiosity regarding whether large-scale bitcoin hodlers are capitalizing on price dips to amass more bitcoin. While initial metrics may suggest an uptick in long-term holdings, a deeper analysis unveils a more intricate narrative, especially amidst the current extended period of choppy consolidation. Long-Term Holders and Accumulation Trends At first […]

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South Korean Pension Fund Invests $34 Million in MicroStrategy Shares

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South Korea's National Pension Service (NPS) has recently acquired $34 million worth of shares in MicroStrategy, a prominent business intelligence firm known for its substantial holdings in Bitcoin. Details of the Investment As per a recent filing with the SEC, the NPS purchased 24,500 shares of MicroStrategy during the second quarter, at an average price

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$10 Weekly Bitcoin DCA Strategy Outperforms Traditional Assets by 202% in 5 Years

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A recent analysis conducted by Bitcoin Magazine Pro highlights the effectiveness of dollar-cost averaging (DCA) when investing in Bitcoin compared to traditional assets such as gold, Apple stock, and the Dow Jones Industrial Average (DJI). The data demonstrates that consistently investing $10 weekly into Bitcoin over the past five years would have turned a total

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Bitcoin Addresses Holding Over 0.1 BTC Nearing All-Time High

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Recent data from Bitcoin Magazine Pro reveals that the number of Bitcoin addresses with a balance exceeding 0.1 BTC is approaching a historical peak. As of now, there are 4,580,424 such addresses, just slightly below the record of 4,586,540. This marks a significant monthly increase of 27,939 addresses. Opportunity Amid Price Volatility The recent price

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Capula Management Reveals $500M Investment in Spot Bitcoin ETFs Amid Market Volatility

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Capula Management, the fourth-largest investment manager in Europe, has made public its holdings of nearly $500 million in spot Bitcoin ETFs, according to an SEC filing released today. Significant Holdings in Prominent Bitcoin ETFs The company disclosed that it owns $211 million worth of Fidelity's spot Bitcoin ETF (FBTC) and $253 million in BlackRock's spot

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