Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode.
Category: BTC
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The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday.
The company projects it can mine up to 25,000 BTC per year by 2024.
Bitcoin is leaning toward the $40,000 level, but derivatives data shows traders are holding a neutral-to-bullish stance.
Despite BTC’s lackluster performance in September historically, 2021 could be an outlier to this trend if current market momentum persists.
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown.
BTC price is back above $40,000, but not every data point signals that a bullish impulse move is in the […]
Data shows that the dollar lending rate and futures volumes of select altcoins can be tracked to pinpoint overheated markets […]
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors […]
Bitcoin appears poised to post its second-weakest quarter since the start of 2014.