Glassnode: 15.5% of BTC portfolios fell into “unrealized loss”
According to recent reports from Glassnode, about 40% of BTC holders are “underwater”, as far as their investments are concerned. Likewise, a percentage of BTC wallets that fell into unrealized loss was noticed. This happens at a time when Bitcoin has retreated more than 50% in value, if measured from its highest peak. That percentage…
Margaret Reed
Technical analysis: This is how the main tokens of the Metaverse behave
In the midst of the bear market that the crypto ecosystem has been experiencing, added to the recent LUNA crash, the main tokens of the Metaverse have been quite hit, and to find out where they may be heading, here we perform a technical analysis of the 5 most important. ApeCoin, which leads this TOP,…
The first quarter of the year ends, what are Bitcoin whales doing as BTC rises?
From March 28 to April 3, Bitcoin whales have mobilized a total of 70,687 BTC through 39 operations. Considering that finally the cryptocurrency has gradually resumed the rise, we want to tell you the details and the influence that the whales may have had, or not, on it. During March, Bitcoin whales remained without a…
Charles J. Worley
Cryptocurrencies are attractive to “brilliant” minds, according to Paul Tudor Jones
In an opinion broadcast with CNBC Squawk Box, billionaire Paul Tudor Jones spoke about the “attractiveness” that blockchain technology represents today. According to his position, cryptocurrencies are attractive at the moment when the young community and even traditional institutions show interest. Adaptation to the new environment The investor considers that the arrival of the crypto…
The fall of Bitcoin has translated into losses for El Salvador
In El Salvador, the fall of Bitcoin (BTC) has translated into losses for the Government of Nayib Bukele. which must face a maturity of the dollar debt in January. Despite this, President Nayib Bukele bought 500 more Bitcoin this week. A very expensive bet for El Salvador and that has not given, so far, the…
Prices in the Axie Infinity ecosystem are almost 90% off. Buying opportunity?
In mid-2021, when the price of an NFT on Axie Infinity was at least $200, the volume of money moving within this metaverse was enormous, creating a bullish parabolic slope that seemed to have no end. However, those bonanza times for the #1 NFT game are over, or, are we facing a healthy corrective process…
How does this April quarter start for Bitcoin whales?
The second quarter of the year has started, and as time progresses, we are getting ready to see a little of what happened with the whales in this week of April. From March 4 to April 10, Bitcoin whales have mobilized a total of 71,074 BTC through 38 operations. In that sense, we want to…
Crypto summary: “At least a third of Britons have bought cryptocurrencies”
We show you, a brief summary of what were the most outstanding crypto news of the week, so you don’t miss any data. Being the most outstanding: “At least a third of British people have bought cryptocurrencies.” As usual, for this summary, the 7 most important news of the crypto week are selected. Very important,…
In Shanghai, Bitcoin is already a virtual asset protected by Chinese law
Bitcoin is now property protected by Chinese law. Indeed, a new ruling by the Shanghai High People’s Court in China has taken a new turn. By declaring Bitcoin as protected virtual property. As reported by Chinese media: “In the actual practice of the trial, the People’s Court has formed a unified opinion on the legal…
Bitcoin Forecast: Here’s what we can expect for the last week of May
After the extreme volatility seen recently, now the tide has calmed. What does this behavior tell us?, in the Bitcoin analysis and forecast that I perform below we found out. At the time of this writing, BTC is trading at $29,741, accumulating a gain of 2.03% in the last 24 hours, although maintaining a slight…