Categories: Bitcoin Latest News

Nearly 90% of Bitcoin Short-Term Holders Are Underwater, Onchain Data Show

“Sharp upticks in short-term holder supply in loss tend to follow ‘top heavy markets’ such as May 2021, Dec 2021, and again this week,” one observer said.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Capital B Acquires 192 Bitcoin for €13 Million, Pushes Total Holdings to 3,135 BTC

Bitcoin Magazine Capital B Acquires 192 Bitcoin for €13 Million, Pushes Total Holdings to 3,135…

24 minutes ago

Live markets: Bitcoin gives up all of May’s gains, slipping below $77,000

Strategy made a mammoth $2 billion bitcoin purchase last week, but it's not lifting crypto…

1 hour ago

Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi says

The bank said accelerating advances in quantum computing are compressing the timeline for risks to…

2 hours ago

CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 13% as all assets decline

Bittensor (TAO), down 9.6% over the weekend, joined Bitcoin Cash (BCH) as an underperformer.Read MoreCoinDesk:…

2 hours ago

Iran Launches Bitcoin-Backed Insurance Service for Strait of Hormuz Shipping, Eyes $10B In Revenue

Bitcoin Magazine Iran Launches Bitcoin-Backed Insurance Service for Strait of Hormuz Shipping, Eyes $10B In…

2 hours ago

Bitcoin Depot (BTM) Stock Falls 80% As Company Files for Chapter 11 Bankruptcy

Bitcoin Magazine Bitcoin Depot (BTM) Stock Falls 80% As Company Files for Chapter 11 Bankruptcy…

2 hours ago