Only Crypto
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"Welcome to Only Crypto! Dive into the latest trends, insights, and news in the cryptocurrency world. Join us for expert analysis, market updates, and discussions on blockchain innovations.

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2024: 🟠 Bitcoin retains top spot as best-performing asset in 2024, according to New York Digital Investment Group 🦾
JUST IN: 🟠 PayPal now enables business accounts to buy, hold and sell #Bitcoin and crypto πŸ‘€
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NEW: πŸ‡ΊπŸ‡Έ MARA acquires more Bitcoin, now owns over 26,200 $BTC worth $1.5 BILLION πŸ’₯
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JUST IN: πŸ‡ΊπŸ‡Έ FBI warns that North Korean hackers are attempting to steal #Bitcoin and crypto funds from the ETFs πŸ‘€
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NEW: πŸ‡ΊπŸ‡Έ City of Santa Monica, California, launches its website for its official Bitcoin Office πŸ™Œ
JUST IN: πŸ‡―πŸ‡΅ Metaplanet secures Β₯1 billion 0.1% APR loan; proceeds to fund additional purchases of $BTC πŸ™Œ
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πŸ“Š According to Kaiko, not all cryptocurrency exchanges have benefited from the launch of spot bitcoin ETFs

Only Bybit has made noticeable progress, growing its market share from 8% to 16%
JUST IN: πŸ‡ΊπŸ‡ΈπŸ‡ΈπŸ‡» President Trump's executive director of digital assets meets with El Salvador's President Nayib Bukele to discuss Bitcoin.
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Crypto Speak: BTM

β€œBTM” is a cryptocurrency ATM that allows you to buy and sell Bitcoin in public places.

Sometimes, they are called crypto ATMs, but let’s put it correctly, and the correct way to put it is BTM.
πŸ’° Around 1.11 million BTC were bought between $42,560 and $43,245 and have not been sold yet, making this one of the strongest support walls!

If Bitcoin  can hold above this level, there is not much significant resistance ahead that will prevent it from advancing further.
2️⃣0️⃣2️⃣4️⃣: 🟠 Bitcoin retains top spot as best-performing asset in 2024, according to New York Digital Investment Group 🦾
BREAKING: πŸ‡ΊπŸ‡Έ US to sell $130m πŸ’°Bitcoin  from Silk Road seizure.
🟠 Binance has increased its compliance budget by 35% year-over-year to $213m.

This will fund advanced software systems for monitoring transactions and personnel expenses, including hiring Steve Christie as deputy chief compliance officer.
πŸš€ BTC Bounces Back! $100K Incoming?

Bitcoin has regained momentum, breaking through the $96K resistance. Will the long-awaited $100K milestone finally within reach again? πŸ“ˆ
Bitcoin is gaining more interest:

Italy's largest bank Intesa Sanpaolo has started buying BTC, according to a leaked internal email that notes a β€œfirst transaction” of €1 million for 11 BTC.

Japan's Remixpoint bought another 33.3 BTC, increasing its holdings to nearly $32 million.

Hong Kong-based Ming Shing Group bought 500 Bitcoin for $47 million.
πŸ“‰ Ethereum is losing market share faster than other altcoins, while Bitcoin continues to strengthen its dominance. 🧐

Despite ongoing developments in the ETH ecosystem, capital is flowing increasingly toward BTC β€” reinforcing its role as the primary digital asset in the current market cycle ⚑️🟠
πŸ‹ Bitcoin Whales Are Accumulating

πŸ” According to Glassnode, whales holding 1,000–10,000 BTC have been increasing their balances faster than usual over the past 30 days.

πŸ“Š This accelerated accumulation hints at growing confidence from large players β€” often a bullish signal.
πŸ₯‡ Bitcoin Fear & Greed Index stood in the "greed" zone for 30 days in a row, something that hasn't happened since 2021 πŸ™Œ
JUST IN: πŸ₯‡ Bitcoin ETFs are catching up to Gold ETFs for assets πŸ™Œ

$37b for BTC
$93b for Gold

πŸ’₯ In less than 30 trading days!
JUST IN: πŸ‡­πŸ‡° Hong Kong's Reitar Logtech announces plans to acquire $1.5 billion Bitcoin.

πŸ“° Full Story
πŸ“Š Bitcoin network hashrate reached an all-time high of 769.8 EH/s

Today it increased by 8.97% after another recalculation.
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