Holders of Bitcoin with a lengthy investment history begin to realize profits, while newer market participants encounter financial setbacks. Long-term Bitcoin holders start to cash in as short-term investors face losses

Quick Take The Bitcoin market is showing differentiation in the behavior of long-term holders (LTHs) and short-term holders (STHs). LTHs, defined as holding Bitcoin for a period of more than 155 days, are beginning to send profits to exchanges. This trend is observed from the time when Bitcoin prices dipped to $26,000 from $30,000 in
The post Long-term Bitcoin holders start to cash in as short-term investors face losses appeared first on CryptoSlate.

Leia mais

Aave aims to incorporate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for the movement of its GHO stablecoin. Aave Seeks To Integrate Chainlink’s CCIP For GHO Transfers

Aave, a decentralized finance (DeFi) platform, has published a governance proposal to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for secure cross-chain transfers of its GHO stablecoin.  Aave Wants To Integrate Chainlink’s CCIP For Cross-Chain GHO Transfers The suggestion, floated by Aave Labs, the lending and borrowing protocol’s developer, says the CCIP integration addresses the current

Leia mais

Bitcoin mining reaches an all-time high, utilizing 54.5% renewable energy sources. Bitcoin Mining Achieves 54.5% ATH Sustainable Energy Usage

According to the Bitcoin ESG Forecast, sustainable energy-powered Bitcoin mining hit a new record high of 54.5% in 2023, with sustainable mining as a whole increasing by 3.6%. By comparing Bitcoin’s sustainable energy mix to other businesses over the last four years using publicly accessible data, The Bitcoin ESG Forecast

Leia mais

Exploring the Evolution of Altcoin Patterns: Santiment Highlights Changes in Network Expansion Altcoin Trends Unravelled: Santiment Reveals Shift In Network Growth

The on-chain analytics firm Santiment has revealed that the altcoins have been showing a recent divergence in network growth. Altcoins Are Observing Polarization When It Comes To Network Growth In a new post on X, Santiment has explained how the altcoins have been separating from each other following the big Bitcoin spot ETF news last

Leia mais

Shares recover as digital currencies decline amidst exchange-traded fund weariness. Stocks rebound while cryptocurrencies dip on ETF fatigue

Those expecting a run up in bitcoin’s price as spot bitcoin ETFs hit the market last week have been disappointed, but continued interest in the product should only be an upside, analysts say

Leia mais

EU Reaches Agreement on Stricter Regulations for Cryptocurrency Industry Crypto On The Tightropes, EU Strikes Deal To Crackdown On The Sector

The European Council issued a press release on January 18 declaring that the European Council and Parliament have reached a provisional agreement on certain aspects of a new anti-money laundering package to protect EU citizens and the EU’s financial system. Related Reading: Crypto Firms Now Included In EBA’s Latest Anti-Money Laundering Regulations Stricter Rules Will

Leia mais

Is the stock of MicroStrategy a superior investment compared to a direct bitcoin ETF? Is MicroStrategy stock better than a spot bitcoin ETF?

With spot bitcoin funds live, the premium at which MicroStrategy stock trades relative to BTC will compress, but not disappear, TD Cowen analysts say

Leia mais

Cathie Wood asserts that Bitcoin will challenge the international market dominance of gold. Bitcoin Is Coming for Gold’s Global Market, Says Cathie Wood

The ARK Invest CEO says financial investors should go with crypto over the precious metal, and tech investors should stick with software.

Leia mais

Cryptocurrency leader Bitwise significantly impacts the Bitcoin ETF landscape, securing a spot among the top 25 out of more than 500 debutants in the year 2023. Crypto Giant Bitwise Shakes Up Bitcoin ETF World, Lands In Top 25 Of Over 500 Launches In 2023

Hunter Horsley, the co-founder and CEO of asset manager Bitwise, recently announced a notable inflow from Bitwise spot Bitcoin ETF Trust (BITB). With an additional $68 million influx and subsequent Bitcoin purchases, as reported by Horsley, the Bitwise spot ETF has climbed to the top spot of exchange-traded funds (ETFs) launched in 2023. This achievement

Leia mais