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“# Three-quarters of circulating BTC last changed hands for less than $10,800 ” Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting most market participants are long-term holders. Glassnode’s March 29 ‘Week on Chain’ report found that 25.43% of…
“# MLB team will HODL Bitcoin received from suite sales, says president ” Dave Kaval, president of Major League Baseball’s Oakland Athletics, says the ball club will be HODLing any Bitcoin that fans pay for luxury seats at the team ballpark in the San Francisco Bay Area. In an interview with Bloomberg on Friday, Kaval…
“# Bitcoin HODLers are not selling: Inactive BTC supply hits 3-month low ” Long-time Bitcoin (BTC) HODLers are refraining from selling their holdings, on-chain data from Glassnode shows. According to Glassnode’s “BTC Percent Supply Last Active 2+ Years” indicator, Bitcoin that was last moved well over two years ago reached a three-month low to 45.364%….
“# Bank of America report extols the virtues of HODLing ” When it comes to investing in the financial markets, panic selling often leads to missed opportunities – and waiting for the dip could rob you of the most lucrative days to hold a particular asset. Those are the general takeaways of a comprehensive study…
“# Bitcoin rally slows as whales transfer wealth to retail investors ” Analytics provider Glassnode is reporting that current on-chain indicators suggest the Bitcoin bull market may be entering into its later stages. In its March 22 Week on Chain report, on-chain analytics provider Glassnode noted a decline in the number of Bitcoin whales despite…
“# Long-term investors continue to hodl despite $1T Bitcoin market cap ” Bitcoin’s liquid supply continues to shrink, with only 36% of circulating BTC being moved on-chain in the past six months. According to data shared by on-chain crypto data aggregator Glassnode on March 21, the peak of the 2017 bull market saw 50% of…
“# Tesla may have made more money holding Bitcoin than selling cars ” It has been 37 days since Tesla announced its $1.5 billion Bitcoin (BTC) purchase in a filing document with the United States Securities and Exchange Commission. While the exact BTC purchase size was not revealed in the document, with Bitcoin trading between…
“# Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’ ” According to research by on-chain analytics provider, Glassnode, 95% of the Bitcoin changing hands last was last moved less than three months ago on the blockchain. Glassnode’s March 15 The Week On-Chain report found that just 5% of spent outputs are…
“# HODLer claims to have used crypto profits for father’s cancer treatment ” Though investing in crypto has the potential to radically change someone’s financial situation, one HODLer is saying their actions may have actually saved someone’s life. In a Reddit post under the r/cryptocurrency subreddit today, a U.K.-based user claimed that advice they gave to…
“# Three-year-old Bitcoin educator speaks at crypto conference ” Though Lily Knight may not yet be old enough to spell “cryptocurrency,” she’s already taking people to school when it comes to Bitcoin. In a prerecorded video message — because it was past her bedtime — for virtual attendees at the Women of the Future crypto…