Bitcoin Falls Under $35,000 But 88% Of Supply Remains Unmoved
A look into the Bitcoin price action shows a consolidation under the $35,000 support level has resumed, but the majority of holders
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Supply
88.5% of Bitcoin’s supply has not moved for three months
Data shows that long-term Bitcoin (BTC) holders are still holding strong despite the modest price decline. According to a Nov. 2nd tweet by crypto fund founder Dylan LeClair, 88.5% of the total Bitcoin supply has not moved in over three months. This indicates that the majority of Bitcoin holders are not
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No concerns over Bitcoin halving supply shock, says Bitvavo CEO
Supply and demand dynamics could mitigate concerns of a potential Bitcoin market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark Nuvelstijn.The co-founder of the Netherlands-based cryptocurrency exchange weighed in on Bitcoin-related market movements in conversation with Cointelegraph during the European Blockchain Convention held
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Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal
The rising total money supply (M2) could propel crypto into another bull rally and help it outperform the traditional markets, according to Raoul Pal, co-founder and CEO of financial media platform Real Vision. Pal’s X post highlighted the correlation between the rising fiat market supply and the start of the
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Bitcoin Price (BTC) Primed as Supply on Crypto Exchanges Is at Lowest Since 2018
Weller said that spot ETFs, unlike futures-based products, could "fundamentally alter the supply and demand picture" for bitcoin, making it available for a new set of investors. That's especially so now that bitcoin has regained its "uncorrelated asset" lure by decoupling from equities and rallying as U.S. stocks have entered
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Bitcoin Long-Term Holders Stay Resolute Despite Rally, Supply Hits New ATH
On-chain data shows the Bitcoin long-term holder supply has set a new all-time high (ATH) despite the rally offering a profitable exit
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OpenAI Founder’s Crypto Project Worldcoin Switches Orb Rewards Plan to Boost WLD Supply
“The WLD token was launched with a relatively low circulating supply of just above 100M WLD,” Worldcoin said in a Sunday post. “This was due to the goal of creating a network of as many human beings as possible. To achieve this, the majority of the WLD token supply will
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Sui (SUI) Foundation Calls Report of Supply Manipulation ‘Materially False’
The Sui Foundation denied the allegations in an emailed statement to CoinDesk. “The Sui Foundation wants to address unfounded and materially false statements surrounding the supply of SUI tokens. Contrary to recent conjecture, there has never been any sale of SUI tokens by the Foundation after the initial Community Access
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Flare Network Will Burn 2% of Total Token Supply to Support Ecosystem
“We are very happy to have reached an agreement with our shareholders and thank them for their support,” Hugo Philion, CEO and co-founder of Flare, said in a statement. “Without this burn, the investors would be able to claim approximately 3x their original allocation through the FlareDrops, unfairly diluting community
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Bitcoin Supply Metric Touches New All-Time High, Time For Reversal?
Bitcoin has been named the best performer among asset classes in 2023, but the cryptocurrency is still struggling to break new levels
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