75% of Bitcoin wallets are in profit despite bearish market

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…

Less than 1% Bitcoin addresses control 27% of its total supply

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…