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“# Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin ” United States-based crypto mining company Marathon Digital Holdings holds more than $460 million in Bitcoin (BTC), mainly from mining and purchases since last year. According to a Tuesday report, the mining firm said it had been HODLing all Bitcoin generated from its mining…
“# MicroStrategy added 9,000 BTC last quarter, its stash is now worth $7 billion ” MicroStrategy added almost 9,000 Bitcoin to its holdings in Q3, bringing its total BTC stash to a valuation of around $7 billion. The company highlighted the purchase of 8,957 BTC in its Q3 report on Oct. 28, with the firm’s…
“# Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion ” An address with the foresight to purchase $3,400 worth of Shiba Inu (SHIB) last August has seen the value of the coins grow to a whopping $1.55 billion today. In total the unknown person has bought SHIB 44 times since…
“# 17% of addresses snapped up 80% of all Ethereum NFTs since April ” Open source blockchain analytics firm Moonstream published a report which found that around 17% of addresses control more than 80% of all NFTs on Ethereum. The report was published on Oct. 21 and the analysis was conducted on more than 7…
“# Long-term Bitcoin bulls hodl strong despite five-month price high ” On-chain analytics provider glassnode reports that long-term Bitcoin holders are refusing to sell despite the BTC markets rallying to a five-month price high. In its Oct. 11 “Week on Chain” report, Glassnode noted that “long-term holders” — BTC wallets that have not seen outflows…
“# Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K ” A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021. Dubbed as “Bitcoin: Short Term Holder NUPL,” the indicator takes into account the unspent transaction output, or UTXO,…
“# Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar ” Institutions have not left the Bitcoin (BTC) market even in the face of a 50%-plus bearish correction earlier this year, shows data provided by Glassnode. The blockchain analytics platform reported on Monday that the dominance of Bitcoin transactions exceeding $1 million…
“# Michael Saylor doesn’t think Bitcoin is ‘going to be currency in the US ever’ ” MicroStrategy CEO Michael Saylor thinks that Bitcoin is more like digital property than digital currency. He was speaking on the July 15 edition of the “Coin Stories” podcast with host Natalie Brunell. Asked if he thought that Bitcoin was…
“# Early Bitcoin bull market buyers are hodling strong, but short term trading increasing ” Bitcoin buyers from the early phases of the bull run are still hodling despite BTC’s meteoric surge into new all-time highs, according to data shared by Glassnode. The on-chain analytics provider shared its “Realized Cap HODL Waves” chart, noting that…
“# CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto ” Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange, Binance, and one of the world’s top crypto billionaires, does not own much except crypto. “I’m one of those guys who value liquidity much more than owning something….