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Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market.The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage.Bitcoin long-term holder presence beats all-time highsAt more than
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A new report from Glassnode, an on-chain analytical firm, has buttressed recent data indicating Bitcoin holders are adding to their holdings. These
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By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Analysing BTC supply, approximately 68.5% of the total circulating supply has remained untouched for at least one year, nearing its highest level. Additionally, BTC’s hashrate, indicating the computational power on the blockchain network, has reached an all-time
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On-chain data shows that Bitcoin long-term holders are making deposits to exchanges currently, something that could be bearish for the price. Bitcoin Exchange
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The Bitcoin market continues to reveal trends and patterns, vital for both long-term holders and short-term speculators. Notably, since Bitcoin reached its all-time
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Data shows that Litecoin long-term holders exited the asset before the halving, while short-term holders were left to panic on the halving
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Bitcoin price is nowhere near setting new all-time highs, but an important long-term price average is doing so, day after day, month
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The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month. Source
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“Despite market volatility, a fall in digital asset prices and the collapse of a number of crypto businesses, investment in crypto-assets is expected to remain strong in 2023," Jon Garvey, PwC United States' global financial services leader, said. "Traditional hedge funds, committed to the market in the longer term, are
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As crypto prices remain at lower levels, venture capital (VC) funding also recorded one of its worst quarters since 2021. Despite this, executives in the space remain optimistic about the industry’s long-term potential. Crypto data platform RootData highlighted that the second quarter of 2023 delivered one of the worst performances in
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