Available data from Glassnode shows that around 75% of wallets holding Bitcoin (BTC) are in profit despite the value of the flagship asset falling a long way from its ATH to below the $40k mark recently. Bitcoin wallets are in profit According to the report, there are currently more wallets in profit when compared to…
The ongoing war in Ukraine has firmly placed the importance of assets like Bitcoin and gold in the front seat of the global financial system, according to financial asset management firm VanEck. The firm believes that under an extreme scenario where gold or Bitcoin becomes the reserve currency of the world, the value of the digital…
The total supply of the flagship crypto-asset, Bitcoin, now stands at around 19 million. While many tout the decentralized nature of the asset, a recent study has revealed the coin might be more centralized than we think, as only a minute fraction of all wallet addresses hold nearly one-third of the total circulation of the…
It is clear that Bitcoin’s price movement at this moment is presently far away from what investors want as the digital asset is $19k away from its ATH. Bitcoin addresses are not sending assets to exchanges A new metric has indicated that the number of addresses transferring Bitcoin to exchanges has also hit a new…