Despite ‘worst bear market ever,’ Bitcoin has become more resilient, Glassnode analyst says
Though on-chain metrics point to the worst Bitcoin bear market on record, they also highlight hodlers’ growing resilience. Go to Source Powered by WPeMatico
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Though on-chain metrics point to the worst Bitcoin bear market on record, they also highlight hodlers’ growing resilience. Go to Source Powered by WPeMatico
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs. Go to Source Powered by WPeMatico
The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year. Go to Source Powered by WPeMatico
Ethereum whales have been transacting a huge volume of Ethereum, marking the highest one day whale activity since January. Go to Source Powered by WPeMatico
Anthony Scaramucci predicts that the next presidential candidacy will be pro-crypto and that a Bitcoin ETF will happen by the end of 2022 given recent developments on Capitol Hill. Go to Source Powered by WPeMatico
The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance”, and long-term holders are the most likely to be in the green. Go to Source Powered by WPeMatico
The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. Go to Source Powered by WPeMatico
Valkyrie Investments CEO Leah Wald opens up on the importance of Bitcoin ETFs and why the traditional financial world should pay attention to digital assets moving forward. Go to Source Powered by WPeMatico
Bitcoin‘s role as an inflation hedge is popular, with one expert stating that ”you don‘t need Bitcoin until you do.” Go to Source Powered by WPeMatico
Yes, if the signs of bottoming out coming from the U.S. stock market are true. Go to Source Powered by WPeMatico