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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Elite Footballers Named in $3.4 Million Crypto Fraud Case

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    Floki Inu Makes FlokiTars NFT Key to Unlocking Valhalla

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    First Force set to make Telegram debut with one of the largest NFT drops on TON

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    NFT market makes a modest comeback as Bitcoin hits $105k level

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    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

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  • Gaming
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    The Crypto Turmoil in the First Half of 2025 – Why It’s Still Worth Investing

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    My Neighbor Alice Unveils Cross-Chain NFT Integration with Pudgy Penguins

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    Dogecoin Is About to Get a Flood of Games Via DogeOS and PlaysOut

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    Building a Long-Term NFT Investment Thesis: Key Factors to Consider

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    Everything You Need to Know About the Console and Crypto Plans

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    How to Launch a Token-Gated Beta: Combine Discord, NFTs & In-Game Rewards

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    How MEET48 $IDOL Airdrop Is Taking the Crypto World by Storm

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  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    Binance, Cristiano Ronaldo Introduce Sixth NFT Drop

    Binance, Cristiano Ronaldo Introduce Sixth NFT Drop

    Elite Footballers Named in $3.4 Million Crypto Fraud Case

    Elite Footballers Named in $3.4 Million Crypto Fraud Case

    Floki Inu Makes FlokiTars NFT Key to Unlocking Valhalla

    Floki Inu Makes FlokiTars NFT Key to Unlocking Valhalla

    First Force set to make Telegram debut with one of the largest NFT drops on TON

    First Force set to make Telegram debut with one of the largest NFT drops on TON

    TON is becoming one of the top chains for NFT activity

    TON is becoming one of the top chains for NFT activity

    NFT market makes a modest comeback as Bitcoin hits $105k level

    NFT market makes a modest comeback as Bitcoin hits $105k level

    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

    Major Crack in Trump’s Memecoin Alliance – Trump’s Sons Send Cease-and-Desist Letter to Memecoin Company, TRUMP Price Plummets

    Major Crack in Trump’s Memecoin Alliance – Trump’s Sons Send Cease-and-Desist Letter to Memecoin Company, TRUMP Price Plummets

  • Gaming
    Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

    Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

    My Neighbor Alice teases new Pudgy Penguins Web3 game

    My Neighbor Alice teases new Pudgy Penguins Web3 game

    The Crypto Turmoil in the First Half of 2025 – Why It’s Still Worth Investing

    The Crypto Turmoil in the First Half of 2025 – Why It’s Still Worth Investing

    My Neighbor Alice Unveils Cross-Chain NFT Integration with Pudgy Penguins

    My Neighbor Alice Unveils Cross-Chain NFT Integration with Pudgy Penguins

    Dogecoin Is About to Get a Flood of Games Via DogeOS and PlaysOut

    Dogecoin Is About to Get a Flood of Games Via DogeOS and PlaysOut

    Building a Long-Term NFT Investment Thesis: Key Factors to Consider

    Building a Long-Term NFT Investment Thesis: Key Factors to Consider

    Everything You Need to Know About the Console and Crypto Plans

    Everything You Need to Know About the Console and Crypto Plans

    How to Launch a Token-Gated Beta: Combine Discord, NFTs & In-Game Rewards

    How to Launch a Token-Gated Beta: Combine Discord, NFTs & In-Game Rewards

    How MEET48 $IDOL Airdrop Is Taking the Crypto World by Storm

    How MEET48 $IDOL Airdrop Is Taking the Crypto World by Storm

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

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    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

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  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Bitcoin

Marathon Digital’s $250M Bitcoin bet: Here’s everything to know!

August 13, 2024
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Marathon Digital’s $250M Bitcoin bet: Here’s everything to know!
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  • Marathon Digital announces an ambitious plan to further Bitcoin investment.
  • Bitcoin supply reserve in all exchanges hits the lowest level since 2018.

Marathon Digital, a leading Bitcoin [BTC] mining firm, plans to raise $250 million to buy more Bitcoin.

After purchasing $100 million worth in July, Marathon now holds 20,000 BTC. Recent data shows that large investors, known as whales, have been steadily increasing their BTC holdings over the past few months, signaling strong market confidence. 

This institutional involvement has been evident in the steady rise of accumulation indicators which have been supported by different metrics including supply reserves.

Source: CryptoQuant

BTC reserves on all exchanges have also dropped to their lowest level since 2018, with a significant decline observed since the start of this year. 

This suggests that institutions are steadily accumulating Bitcoin, likely because they anticipate a positive market trend. 

Such a decline in available supply is a strong bullish signal, indicating growing investor confidence in Bitcoin’s future. 

For this reason, this is the time to consider a bullish stance on BTC as the market shifts.

Liquidation levels 

Over $15 billion in BTC short positions will be liquidated when the price hits $72K, according to Coinglass. 

Significant liquidity lies between $70K and $72K, suggesting a market shift as big institutions accumulate BTC for long-term gains.

Source: Coinglass

Bitcoin opens another CME gap

This week, Bitcoin has created another CME gap, adding to the two big gaps it closed recently, with the latest close at $63K marking a local top. 

A new gap now sits above the $61K price mark. While gaps don’t always close, they often do, signaling price rallies towards the gap.

Source: TradingView

Bitcoin RSI on Fibonacci levels analysis

The AMBCrypto analysis team noted the 2-week Bitcoin RSI hit the cycle tops, but the 3-week RSI provided a clearer view of the market sentiment. 

See also  Jack Dorsey’s Block and Core Scientific Revolutionize Bitcoin Mining Chips!

Is your portfolio green? Check out the BTC Profit Calculator


BTC’s RSI pattern now mirrors the 2016-2017 period when it aimed for new highs.

Unlike previous cycle peaks, this suggests that the March 2024 move was significant, but the belief is that  the bull market could continue for over a year once institutions finish accumulating.

Bitcoin

Source: TradingView

 

Next: BNB’s path to $555: Key support levels, liquidation pools to watch

READ ALSO

Bitcoin nears $91K as buying pressure soars, but challenges emerge

Spot Bitcoin ETF Options – How U.S exposure is set to soar after CFTC’s notice

  • Marathon Digital announces an ambitious plan to further Bitcoin investment.
  • Bitcoin supply reserve in all exchanges hits the lowest level since 2018.

Marathon Digital, a leading Bitcoin [BTC] mining firm, plans to raise $250 million to buy more Bitcoin.

After purchasing $100 million worth in July, Marathon now holds 20,000 BTC. Recent data shows that large investors, known as whales, have been steadily increasing their BTC holdings over the past few months, signaling strong market confidence. 

This institutional involvement has been evident in the steady rise of accumulation indicators which have been supported by different metrics including supply reserves.

Source: CryptoQuant

BTC reserves on all exchanges have also dropped to their lowest level since 2018, with a significant decline observed since the start of this year. 

This suggests that institutions are steadily accumulating Bitcoin, likely because they anticipate a positive market trend. 

Such a decline in available supply is a strong bullish signal, indicating growing investor confidence in Bitcoin’s future. 

See also  Mt. Gox takes Bitcoin, BCH near 2024 lows: Still 'HODL,' say analysts

For this reason, this is the time to consider a bullish stance on BTC as the market shifts.

Liquidation levels 

Over $15 billion in BTC short positions will be liquidated when the price hits $72K, according to Coinglass. 

Significant liquidity lies between $70K and $72K, suggesting a market shift as big institutions accumulate BTC for long-term gains.

Source: Coinglass

Bitcoin opens another CME gap

This week, Bitcoin has created another CME gap, adding to the two big gaps it closed recently, with the latest close at $63K marking a local top. 

A new gap now sits above the $61K price mark. While gaps don’t always close, they often do, signaling price rallies towards the gap.

Source: TradingView

Bitcoin RSI on Fibonacci levels analysis

The AMBCrypto analysis team noted the 2-week Bitcoin RSI hit the cycle tops, but the 3-week RSI provided a clearer view of the market sentiment. 


Is your portfolio green? Check out the BTC Profit Calculator


BTC’s RSI pattern now mirrors the 2016-2017 period when it aimed for new highs.

Unlike previous cycle peaks, this suggests that the March 2024 move was significant, but the belief is that  the bull market could continue for over a year once institutions finish accumulating.

Bitcoin

Source: TradingView

 

Next: BNB’s path to $555: Key support levels, liquidation pools to watch
Tags: 250MBetBitcoinDigitalsHeresMarathon

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