Dogecoin, Bitcoin Lead Recovery Among Majors, But Some Analysts Warn of Selling Pressure
Despite the gains over the past few days, some warned that investing in cryptocurrencies remains a “risky business.” Source
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Selling
Long-Term Bitcoin Investors Stick It Out as Speculator Selling Drives Prices Lower: Coinbase
"Holders are less likely to sell BTC during turbulent periods," the Nasdaq-listed crypto exchange said. Source
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Bitcoin Slumps Below $20K as Long-Term Holders Face Massive Selling Pressure
●Bitcoin (BTC): $19,453 −5.5% ●Ether (ETH): $1,042 −9.1% ●S&P 500 daily close: 3,818.80 −0.9% ●Gold: $1,724 per troy ounce −0.3% ●Ten-year Treasury yield daily close: 2.96% −0.03 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CryptoX Bitcoin Price Index (XBX); Ether is the CryptoX Ether Price Index
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Bitcoin LTHs Who Bought During 2017-2020 Aren’t Selling Yet
Data from Glassnode shows the recent selling from Bitcoin long-term holders has come from those who bought at more recent prices, and not the hodlers who got in during the 2017-2020 cycle. Bitcoin Long-Term Holders Have Been Selling At An Average Loss Of 33% As per the latest weekly report from Glassnode,
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Bitcoin Selling by Mt. Gox Creditors Could Dent BTC’s Recovery in the Markets – Report
Summary: Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked. Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin. The distribution and potential selling of the Bitcoin by creditors could slow BTC’s recovery in the crypto markets. Creditors of the non-functioning crypto exchange Mt. Gox
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Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi project, after unveiling a
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Argo Blockchain reports selling 637 BTC to pay debts
Argo Blockchain has joined crypto mining firms including Bitfarms, Core Scientific and Riot Blockchain in selling part of its Bitcoin holdings.In a Thursday blog post, Argo said it sold 637 Bitcoin (BTC) in June for an average price of $24,500 — roughly $15.6 million. The company planned to use the
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Bitcoin Miners Continue Selling to Cover Expenses as Core Scientific Sold 7.2k BTC in June for $167M
Summary: Bitcoin miners are continually selling their BTC to cover operational expenses. Bitcoin mining company, Core Scientific, has announced that it sold 7,202 BTC in June for $167 million. The Core Scientific team further explained the revenue was used for payments for ASIC servers, capital investments in additional data center capacity, and scheduled
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Bitmain to Start Selling New Ethereum Mining Rig Model Tomorrow
Despite the Merge edging closer, Bitmain releases an ethereum ASIC. Source
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Coinbase Responds to Reports of Selling Customer ‘Geo Tracking’ Data to US Government – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has insisted that it does not sell “proprietary customer data” after reports surfaced that its Tracer product is providing “historical geo tracking data” to the U.S. Immigrations and Customs Enforcement (ICE). Coinbase Responds to Reports of It Selling Customer Data to U.S. Government Cryptocurrency exchange Coinbase came
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