Bitcoin Whales Sell As BTC Flies Above $31,000

On-chain data shows signs that the Bitcoin whales have been selling as the cryptocurrency has observed a surge above the $31,000 level. The Number Of Bitcoin Whales On The Network Has Dropped Recently According to data from the on-chain analytics firm Santiment, while the whales have been selling, the smaller entities have been accumulating. The […]

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Whales Accumulates Stablecoins, Eyes Bitcoin Price Range

Recent information suggests that both sharks (experienced traders with large capital) and whales (entities with substantial cryptocurrency holdings) are closely observing the price range of Bitcoin, specifically in the $30k to $31k range.

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Analysis of Bitcoin ownership over time

Quick Take More than 10 years: 14.8% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for over 10 years. Between 7 and 10 years: 5.6% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for a duration falling between 7 […] The post Analysis of Bitcoin ownership over time appeared first on CryptoSlate.

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BlackRock’s Bitcoin ETF Impacts US Institutional Investors

The announcement of BlackRock’s Bitcoin ETF request on June 15th, 2023, has had a significant impact on the share of Bitcoin supply held and traded by US entities. This development potentially signifies an inflection point in the dominance of US entities over Bitcoin supply if the trend continues.

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Bitcoin Supply Held by U.S. Entities Spike Following BlackRock’s Spot Bitcoin ETF Application

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Bitcoin: US market reclaims BTC supply dominance on the heels of ETF filings

ETF filings resulted in a spike in the supply of BTC held by US entities.  Asia's supply dominance was on the rise a few months ago due to the region's favorable approach.  Following the aThe post Bitcoin: US market reclaims BTC supply dominance on the heels of ETF filings appeared first on AMBCrypto.

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Bitcoin Whales: US Entities Top Accumulation With 71K BTC in 3 Weeks

Bitcoin whales increased their exposure to the flagship digita asset over the last three weeks, adding over $2 billion to their coffers. The post Bitcoin Whales: US Entities Top Accumulation With 71K BTC in 3 Weeks appeared first on BeInCrypto.

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Bitcoin holders with 100 BTC or less scooped 254% of mined supply last month: Glassnode

Bitcoin’s price struggles aside, last month saw more entities with less than 100 BTC buy 2. 54X of all coins mined. Glassnode data shows these entities added 2,286 BTC per day. Shrimps increased their BTC holdings by 117% last month, while crabs added 80% and fish bought 57% of mined bitcoin.

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Roughly 150K Bitcoin became illiquid in past 30 days

Quick Take ‘Illiquid supply’ refers to the amount of Bitcoin held by entities and is not readily available for trading or selling. Glassnode analysis identified the highly liquid supply in a noticeable downward trend.

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Bitcoin illiquid supply hits all-time high, rate of change is remarkable

Quick Take Bitcoin’s illiquid supply has hit an all-time high of 15. 17 million as the dominant behavior continues of hodling.  ‘Illiquid supply’ refers to the amount of Bitcoin held by entities and is not readily available for trading or selling.

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An 8-year vulnerability affecting Bitcoin signing process identified, over 900 addresses affected

A new research finding has picked out vulnerabilities in the new class of Bitcoin ECDSA signature that entities have used to steal over 222 bitcoin (BTC) over the years

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America's pain is Asia's gain in the crypto-space

U.S. entities now hold 11% less Bitcoin than they did in mid-2022. China's comeback could alter the dynamics in the digital assets market considerably. The lawsuit against crypto behemoth BiThe post America's pain is Asia's gain in the crypto-space appeared first on AMBCrypto.

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Crypto's changing dynamics: America's pain is Asia's gain

U.S. entities now hold 11% less Bitcoin than they did in mid-2022. China's comeback could alter the dynamics in the digital assets market considerably. The lawsuit against crypto behemoth BiThe post Crypto's changing dynamics: America's pain is Asia's gain appeared first on AMBCrypto.

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Should A Bitcoin Wallet Have Rights?

Like corporate entities or intelligent robots, Bitcoin wallets are poised to gain legal rights of their own.

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Small Bitcoin Investors Accumulating at Unprecedented Rate

Bitcoin's smaller investors, also known as "shrimp entities", are accumulating the cryptocurrency at an unprecedented rate, with the total supply held by them hitting an all-time high of 1.31 million coins

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Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering

The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

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MicroStrategy BTC exposure grows in uncertain market

Several entities took a bet on bitcoin amid its dip, a bet which is now seemingly paying off as the number one crypto earlier on set a new ATH for 2023.

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DCG’s mining subsidiary to introduce access fees 

Bitcoin (BTC) mining pool Foundry USA has reportedly notified its users of its plans to introduce service access fees. Its parent firm, Digital Currency Group, is one of the entities hit hard by Sam Bankman-Fried’s FTX collapse. Foundry USA, a…

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Bitcoin re-entering exchanges, Whales dumping Bitcoin due to PCE data

Definition Illiquid supply is defined as the total supply held by illiquid entities, while supply change is a monthly (30d) net change of supply held by illiquid entities. The post Bitcoin re-entering exchanges, Whales dumping Bitcoin due to PCE data appeared first on CryptoSlate.

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First Mover Asia: Solana in the Green After Weekend Deep Freeze

ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts; bitcoin's price rises.

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Only for foreign trade: Bank of Russia stands against free crypto investment

The Russian government doesn’t want to enable Bitcoin for regular Russian people, but rather exclusively for foreign trade entities.

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Former BitMEX CEO Arthur Hayes On Why Bitcoin Price Has Likely Reached Bottom

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Texas wants to be the centerpiece of Bitcoin innovation, says Governor Abbott

Texas Governor Greg Abbott sees value in what Bitcoin means to the entire world, adding that his state “wants to be the centerpiece of that.” Texas is Bitcoin country Speaking to the Texas Blockchain Council, Abbott encouraged Bitcoin entities to set up shop in Texas, saying those that do will be rewarded with “ease of […] The post Texas wants to be the centerpiece of Bitcoin innovation, says Governor Abbott appeared first on CryptoSlate.

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Op-Ed: FTX killed crypto, long live Bitcoin

The FTX collapse has revived the narrative that “Bitcoin maximalists were right all along. ” Given the size of the troubled exchange and the number of entities caught up in its web, the FTX scandal has dominated headlines of late.

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Pension Funds Must Adopt Bitcoin Or Risk Insolvency

The recent U.K. pension fund crisis reveals the only option for such entities: adopting bitcoin as soon as possible.

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Is Mining Censorship A Serious Threat To Bitcoin?

Several mining entities have attempted censorship attacks on the Bitcoin network. Does the practice pose a threat to its permissionless ethos?

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Bitcoin Will Replace SWIFT Before It Replaces Visa

Bitcoin is a perfect fit as a means of exchange for entities who would traditionally make up the majority of transactions on SWIFT.

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Treasury Department Blacklists More Bitcoin Wallets Tied to Malicious Cyber Attacks

The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned ten people and two entities connected to "conducting malicious cyber acts, including ransomware activity," it announced today.

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First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts

The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation.

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Saving Private Keys From The Courts

Courts and regulatory entities shouldn’t be allowed to impose their uninformed thoughts on Bitcoin private keys in the form of law.

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Research: Bitcoin accumulation trend score shows shrimps buying, whales selling

The accumulation trend score is an on-chain indicator used to determine whether entities are actively accumulating coins. The post Research: Bitcoin accumulation trend score shows shrimps buying, whales selling appeared first on CryptoSlate.

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Dutch Farmers Prepare To Fight Government Overreach By Gaining Financial Freedom With Bitcoin

As government entities continue to oppress farmers in the Netherlands, Bitcoin stands ready to help those in need.

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Crypto Mixing Activity Reaches All-Time High: Chainalysis Report

Bitcoin and crypto mixers have seen an uptick in usage this year as cybercriminals and sanctioned entities seek avenues to hide their ill-gotten gains. The post Crypto Mixing Activity Reaches All-Time High: Chainalysis Report appeared first on BeInCrypto.

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Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode

Active addresses, entities and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs.

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Bitcoin addresses in loss hit all-time high amid $18K BTC price target

More entities than ever are underwater at current prices, but there is little consensus over conditions improving yet.

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Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin

Research conducted by security experts Trail of Bits concluded that the notion of blockchain decentralization is a fallacy. The post Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin appeared first on CryptoSlate.

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Биткоин ниже $20 000 вынудил майнеров и ходлеров капитулировать

Падение цены биткоина ниже $20 000 вызвало новую волну делевериджа и ликвидаций, которая затронула майнеров и долгосрочных инвесторов. К таким выводам пришли аналитики Glassnode. This weekend, #Bitcoin plunged below the 2017 $20k ATH, as numerous entities in the market were deleveraged or liquidated.

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Glassnode: падение биткоина ниже $20 000 привело к капитуляции майнеров и ходлеров

Падение цены биткоина ниже $20 000 вызвало новую волну делевериджа и ликвидаций, которая затронула майнеров и долгосрочных инвесторов. К таким выводам пришли аналитики Glassnode. This weekend, #Bitcoin plunged below the 2017 $20k ATH, as numerous entities in the market were deleveraged or liquidated.

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The Bitcoin Network Is As Healthy As Ever

Entities transacting on Bitcoin, network value and the number of addresses with non-zero balances all continue to grow, pointing toward greater adoption.

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80,000 BTC Sold by Luna Hastily Grabbed by Bitcoin Entities: Glassnode

Strong hands have hastily grabbed hold of Bitcoin sold by LFG as it strove to save its stablecoin's peg

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US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver

The United States has announced new sanctions against entities connected to Russia, and this time around, one of them is a crypto mining company, according to a Reuters report. The post US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver appeared first on CryptoSlate.

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Russia’s Tax Authority: Let Bitcoin, Crypto Be Used In Foreign Trade

Russia’s Federal Tax Service proposed a change to the “On Digital Currency” legislation allowing entities to accept bitcoin as payment in foreign trade.

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Russia Goes Bullish On Bitcoin As Finalized Bill Suggests Adopting Crypto As Legal Tender

Apart from providing the legal framework for the circulation and issuance of cryptocurrencies, the draft bill also introduces requirements for certification, identification, and accounting for entities who would like to open digital asset businesses in Russia.

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Bitcoin Data: Number Of Active Entities Remain In Bear Market Channel

Data shows the number of active Bitcoin entities has been steadily going up, but the growth pattern still remains in the bear market channel. Number Of Active Bitcoin Entities Continues To Remain In Bear Market Channel As per the latest weekly report from Glassnode, the number of active BTC entities has observed a persistent user growth recently.

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Galaxy Bitcoin Fund Raises $200 Million

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Bitcoin retail FOMO spiked most since 2017, but BTC price may still be ‘doomed’ — analyst

Smaller Bitcoin entities are rapidly adding to their BTC stash, but this has preceded price tops in times gone by.

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On-chain data shows Bitcoin whales are actively selling, is trouble brewing?

A new metric from on-chain data analysts Glassnode looks at the relative size of entities actively accumulating or distributing coins in terms of their Bitcoin holdings. The post On-chain data shows Bitcoin whales are actively selling, is trouble brewing? appeared first on CryptoSlate.

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30% Of Bitcoin Supply Enters Into Loss As Price Continues Decline

On-chain data reveals more than 30% of the Bitcoin supply has entered into losses as the price of the crypto continues to decline. Less Than 70% Of Bitcoin Entities Are Now In Profit As per the latest weekly report from Glassnode, the percentage of BTC entities in profit has severely dropped recently as the value now oscillates between 76% and 65%.

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Bitcoin network activity down 30% from highs as ‘tepid’ demand mimics mid-2019

2022’s bear is 2019’s bull as Bitcoin active entities number around 275,000 per day in February.

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