Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode
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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Supply
Shanghai sets plans to revamp industry, supply chains with blockchain, digital yuan
The government of Shanghai on Tuesday published a set of guidelines to promote blockchain technologies, the digital yuan, and the metaverse in the city’s industries, including auto production, commodity trading and e-commerce platforms. The move by China’s biggest city is in line with the country’s stated goal to focus on
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Nearly one-third of bitcoin’s circulating supply possibly lost: report
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Recent data from blockchain analytics company IntoTheBlock indicates that approximately 29% of the total Bitcoin supply, which has remained stagnant for over five years, might be lost forever. Fresh data unveiled by the blockchain analytics firm, IntoTheBlock,
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Buying the dip? Record 3.8% of the Bitcoin supply last moved at $30.2K
Bitcoin (BTC) at $30,000 is the most popular “buy” level ever, the latest on-chain data suggests.According to figures from crypto analytics firm Glassnode, a record amount of BTC changed hands near current spot price.Bitcoin: "Big move coming" thanks to buyer interestBTC price action may have stalled near the $30,000 mark,
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Shiba Inu Whale That Holds 10% of Supply Moves $30M in SHIB Tokens
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Bitcoin exchanges now hold the same BTC supply share as in late 2017
Bitcoin (BTC) held on exchanges is down to where it was at the 2017 BTC price all-time high, data confirms.Tracked by on-chain analytics firm Glassnode, the latest figures show less than 12% of the BTC supply now resides in exchange wallets.Analyst: BTC price "on the cusp of true price discovery"Bitcoin
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Bitcoin supply shock will send BTC price to $120K — Standard Chartered
Bitcoin (BTC) is in line to hit $50,000 this year and crack all-time highs in 2024, says Standard Chartered.In a report quoted by media outlets including Reuters on July 10, the banking giant went on record to announce a BTC price recovery.Standard Chartered vs. 2023 BTC price: From $5,000 to
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CPI meets low BTC supply — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a new week barely clinging to $30,000 as a “bearish divergence” sets the tone.After a quiet weekend, BTC price action faces a potential pullback period within its broader bullish trend, traders say.What could be on the menu for the market this week? After a relative period of
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Retailers buying more bitcoin than miners can supply
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a bullish display of conviction, retail holders with less than 1 bitcoin, referred to as “shrimps,” are accumulating more coins than miners can issue every month, on-chain data shows. More retailers are buying and holding bitcoin In
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BTC, ETH Supply on Crypto Exchanges Fell in June: Goldman Sachs
Supply of bitcoin, the largest cryptocurrency by market cap, dropped 4%, nearing the level of December 2022, itself the lowest since November 2020 – and right before the start of the 2021 bull market, the report said. Ether supply slid 5.8% to levels not seen since May 2018. Original Source
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