Bitcoin held by long-term holders hits new high
Long-term holders control a record 14.599 million BTC, representing 75% of the total cryptocurrency supply, according to Glassnode.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Bitcoin held by long-term holders hits new high
Long-term holders control a record 14.599 million BTC, representing 75% of the total cryptocurrency supply, according to Glassnode.
Analysts record a pullback among Bitcoin whales
Glassnode: since May 30, the aggregate balance of whale-held Bitcoin (addresses with 1,000 BTC or more, excluding exchange wallets) declined by 255,000 BTC.
Crypto funds inflows stall after four weeks
CoinShares: outflows from cryptocurrency investment products from July 15–21 amounted to $6.5 million versus inflows of $137.4 million a week earlier.
Binance assesses six months of crypto-market dynamics
Binance described positive momentum in the digital assets industry over the first six months of 2023, which "lays a solid foundation for growth" in the future.
Crypto-fund inflows extend fourth consecutive week
Inflows into cryptocurrency investment products for July 8–14 amounted to $137.4 million, up from $136.1 million a week earlier. CoinShares analysts provided the assessment.
Spot trading volume on crypto exchanges fell by 36%.
In Q2 2023, the total spot trading volume on the 20 leading Bitcoin exchanges declined by 36% — from $2.6 trillion to $1.66 trillion.
Experts point to restart of Bitcoin’s accumulation phase
The balance of coins on the Bitcoin market is associated with the 'reaccumulation' phases in previous cycles. The latest cycles have been characterised by a lack of strong moves for several months, according to Glassnode.
Crypto funds report third straight week of inflows
CoinShares: inflows to cryptocurrency investment products for July 1–7 totaled $136.1 million, up from $124.7 million a week earlier.
Analysts flag drop in exchange turnover to 2020 levels
Total trading volume on cryptocurrency exchanges for April–June fell to its lowest since Q4 2020. Such assessments came from Kaiko.
Crypto funds post inflows for the second week running
CoinShares: inflows into cryptocurrency investment products from 24 to 30 June totaled $124.7 million, versus $199.1 million a week earlier.We use cookies to improve the quality of our service.
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