OpenSea Lays Off Roughly 20% of Its Staff
CEO Devin Finzer blamed the move on an “unprecedented combination of crypto winter and broad macroeconomic instability.” Source
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Roughly
BTC Price Plunges Shortly After MicroStrategy Announcement of 3,907 Bitcoin Purchase for Roughly $177M
On August 24th, MicroStrategy acquired some extra 3,907 bitcoins at about $177 million in cash. MicroStrategy Incorporated CEO Michael Saylor made this announcement via Twitter. MicroStrategy has purchased an additional 3,907 bitcoins for ~$177 million in cash at an average price of ~$45,294 per #bitcoin. As of 8/23/21 we #hodl ~108,992
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The Bitcoin Network Has Settled Roughly $10B a Day in 2021
Quick summary:The Bitcoin network has settled roughly $10 Billion a day since the beginning of 2021The BTC transactions are between actual users of the Bitcoin network including institutional investors15,700 Bitcoin left Coinbase yesterday, March 8thInstitutions are not selling any of the Bitcoin purchased in the last few monthsThe Bitcoin network
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Chainalysis Study Finds Roughly 3.5 Million Bitcoin Moves Frequently Between Exchanges for Trading
Reading Time: 2 minutes by Ash T on June 19, 2020 Bitcoin A new report by blockchain analysis firm Chainalysis posits that only about 19% of all mined Bitcoin (BTC) – approximately 3.5 million BTC – moves frequently between crypto exchanges that is used for trading. Bitcoin Investors Eyeing Long-Term Gains Blockchain analysis company Chainalysis
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