Crypto literacy at ‘dangerously low’ levels, new report warns
The crypto community’s financial literacy rate is estimated at 25%, lagging the financial literacy average in the United States by half, according to a new report. Go to Source
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The crypto community’s financial literacy rate is estimated at 25%, lagging the financial literacy average in the United States by half, according to a new report. Go to Source
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened volatility in the near future. Glassnode Analysis Warns of Potential Volatility Glassnode’s report with researchers Ukuria OC and Cryptovizart reveals that demand for … Read more
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.” Go to Source
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump. Go to Source
Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear market for almost three years. Peter Schiff Warns of Sharp Decline … Read more
Demand for Ether from long-term holders rocketed on June 12 as the price fell below $3,500, just before the SEC’s Gary Gensler gave a forecast for spot Ether ETF approval. Go to Source
In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also faced a reduction, with approximately $81.9 million being pulled from its funds. … Read more
Bitcoin remains bullish — and arguably more so than ever — depending on which BTC price metrics are used to assess it. Go to Source Powered by WPeMatico
After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term holders, on the other hand, are holding strong and Glassnode researchers say … Read more
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Go to Source Powered by WPeMatico