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Bitcoin's Inactive Supply Peaks At All-Time High, But One Crypto Exchange Beats The Odds, Sees Inflow
Wednesday, September 20, 2023 - 3:19pm | 546Data from Glassnode indicated Bitcoin (CRYPTO: BTC) holders collecting BTC with exchange holdings are at all-time low levels while the percentage of inactive Bitcoin supply was at all-time highs. What Happened: Glassnode’s last active chart for Bitcoin supply showed inactive...
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Retail Investors Now Hold The Largest Share of Bitcoin Supply: Report
Wednesday, December 21, 2022 - 11:24am | 596Retail investors currently hold about 17% of the total circulating quantity of Bitcoin (CRYPTO: BTC), according to public blockchain data compiled by Glassnode. Reflexivity Research analyst Will Clemente tweeted in response to the data, saying it was “Not perfect yet, but solid for a 12-year-...
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Bitcoin Price: How 'Fishes' Are Fighting 'Whales' To Keep Apex Crypto Above $18,000
Monday, October 24, 2022 - 7:36am | 309The price of Bitcoin (CRYPTO: BTC) has been struggling to break out of its current trading range as a result of a long battle between its small investors and its large ones. What Happened: On-chain divergence between whales — those who hold over 1,000 BTC — and fishes...
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Elliott's Paul Singer Calls Cryptocurrencies A 'Brilliant Scam'
Tuesday, February 20, 2018 - 2:24pm | 579Billionaire investor Paul Singer thinks that "FOMO" has now trumped "WTHIT" — two acronyms he's used to describe the cryptocurrency market. What You Need To Know In a letter obtained by Business Insider, Singer, the founder of the $34-billion hedge fund Elliott...