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Crypto Whales Are Quietly Stacking Up on Bitcoin, Should You Too?

MicroStrategy just added another 6,130 BTC whilst a mysterious whale (BitMeX) bought 12,070 Bitcoin as the SEC meets with Grayscale and BlackRock

Photo by Todd Cravens / Unsplash

Whilst Bitcoin is yet to return to its 2021 peak, its 120% pump over the year has demonstrated its formidable resilience. But the question on everyone's mind while Bitcoin ETFs are increasingly more imminent, is whether Bitcoin is primed for yet another leap? Well, if you believe the whales, it certainly is.

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What is the Fair Value of Bitcoin?

What is the Fair Value of Bitcoin?

According to two staff members of the European Central Bank, Bitcoin is still a harmful phenomenon with no inherent worth, even if it has been approved as an asset to be included in ETFs in the US. The OG cryptocurrency just crossed its two-year high today, sitting at $56,287

ETF Hype Pushes Ether to 2-Year Highs

ETF Hype Pushes Ether to 2-Year Highs

Anticipation for US spot crypto ETFs shifts focus to Ethereum, with investors eyeing Ether's outperformance over Bitcoin amid rising demand and potential legal challenges, despite regulatory hesitations and concerns over ecosystem centralization.