Wednesday, November 20, 2024
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Bitcoin Consolidates as Profitability for Long-Term Holders Increases – Blockchain News, Opinion, TV and Jobs

Last week, Bitcoin (BTC) concluded at approximately $37,350, posting an increase of 0.8% compared to the preceding week’s closing value of $37,000. It commenced with notable volatility, witnessing BTC’s price dropping to as low as $34,800 on Tuesday, followed by a robust recovery, nearly reaching $38,000 on Wednesday. Subsequently, BTC

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Monero, OKB, and RebelSatoshi as long-term crypto investments

Following new regulatory requirements, Binance delists XMR in Belgium. Experts believe this could heap pressure on the coin, forcing it to $130.55 by December.  OKB could rise to $60.50 by the end of November.  RebelSatoshi’s presale ongoing As investors explore the crypto markets, they appear to be focusing on three altcoins: Monero (XMR),

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Bitcoin supply held by long-term holders hits all-time high — Research

Data from Glassnode suggests that Bitcoin (BTC) is in an accumulation pattern with its available supply reaching a new historical low. According to the report, Bitcoin’s illiquid supply and long-term holders cohort rise.As Bitcoin’s supply tightens, available BTC is being purchased by smaller, long-term holding entities.Bitcoin accumulation among a majority

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