Three-quarters of circulating BTC last changed hands for less than $10,800
After a recent spike in profit-taking, long-term Bitcoin investors are back to offloading coins at the same rate they were in 2020. Go to Source Powered by WPeMatico
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Glassnode: $47k showed strongest on-chain support since BTC broke $11k
Approximately 6.5% of Bitcoin’s circulating supply moved on-chain while the markets found support at $47k, representing “one of the largest on-chain BTC accumulation levels” ever. Go to Source Powered by WPeMatico
Top 100 Bitcoin addresses accumulated $11B more BTC in the past 30 days
Bitcoin’s top 100 richest addresses have snapped up almost 350,000 more BTC in the last 30 days. Go to Source Powered by WPeMatico
Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving. Go to Source Powered by WPeMatico
Bitcoin Gold Whale Allegedly Controls Half the BTG Supply
According to a recent study, bitcoin gold (BTG) market prices are being manipulated by a single whale who holds a significant portion of the bitcoin gold in circulation. The Bitcoin Gold network was recently hit with a 51% attack that caused two blockchain reorganizations. The team of BTG developers introduced a new soft fork concept … Read more
Bitcoin Cash Markets and Network Gather Strong Momentum in Q1
The first quarter of 2019 has ended and things are starting to look much better for digital assets this year. Bitcoin cash (BCH) prices touched all-time highs for 2019 during the end of Q1 and the network’s overall strength has improved a great deal since the fork last year. Also read: Broken Phone? Don’t Sweat … Read more
ZCash Price Enters an Accumulation Phase between $125 and $130
Most of the top cryptocurrency markets remain in the red, for the time being. That is primarily because Bitcoin is slowly bleeding value In such events, altcoins are often dragged down with this negative momentum. One notable exception in the top 20 is ZCash, as it remains in the green without much effort. ZCash Price … Read more
Airbnb, Uber Investor Believes “Everybody Should Put Something Into Crypto”
Jeffrey Wernick, an independent investor who claims to have begun purchasing bitcoin as early as 2009, recently advocated that “everybody should put something into crypto.” The investor also criticized the current financial system, describing cryptocurrency investment as sole viable means through which “a typical middle-class person [can] accumulate wealth.” Also Read: Major Bitcoin ETF Rejected by … Read more
