Bitcoin speculators are underwater on 88% of their BTC bags — Research
A tale of two types of Bitcoin investor emerges, as
Read MoreA tale of two types of Bitcoin investor emerges, as
Read MoreBitcoin (BTC) holdings owned by speculators are nearly 90% in the red after the “flash crash” to $26,000, new research says.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode reveals the true cost of last week’s BTC price dip to newcomers.Short-term holders “increasingly sensitive” to BTC
Read MoreThe 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
Read MoreBitcoin (BTC) speculators are leading a period of “exhaustion and apathy” across the market, new research says.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode wrote about waning conviction among Bitcoin’s short-term holders (STH).Bitcoin speculators risk unrealized lossesAfter several months of stagnant BTC price action,
Read MoreBitcoin (BTC) short-term holders are feeling the need to sell BTC at $30,000, data shows.In research released on June 28, on-chain analytics firm Glassnode flagged tens of thousands of coins being sent to exchanges.Bitcoin speculative exchange moves "intensifying"BTC price action stalling at $30,000 is prompting a rethink when it comes
Read MoreBitcoin (BTC) may see a “market correction” should BTC price action go much beyond $33,000, research warns.In the latest edition of its weekly newsletter, The Week On-Chain, analytics firm Glassnode flagged speculative selling risk on the horizon.Bitcoin speculator profits average 12%Bitcoin short-term holders (STHs) — the more speculative BTC investors
Read MoreStarting June 1, Hong Kong will allow traders to invest in some tokens, such as bitcoin, ether and solana, on regulated exchanges in the country. Traders are not allowed to hold any stablecoins, but the move has fuelled sentiment that wealthy Chinese speculators could soon plough money into the crypto
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Read MoreBitcoin (BTC) has room to drop below $25,000 to flush out a recent influx of speculators, research shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode flagged the ongoing influence of “short-term holders” (STHs) on BTC price action.Profitability reset point lies below $25,000BTC/USD has struggled
Read MoreDevelopers from the Arbitrum Foundation announced the launch of Arbitrum DAO and its native governance token, ARB, on March 16. Eligible users and developers will receive 12.75% of the token’s total supply of 10 billion on March 23, when the token will be deployed. Speculation around ARB began soon after the
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