BTC short-term holders 'likely taking on more risk' as realized cap drops by $6B
Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst.
Related Posts


Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high. Ether volume profile drops 90% since March 2020A “volume profile” indicator displays trading activity across prices, with the blue indicating buying…

US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval.After admittedly sealing its best week's gains since March, the largest cryptocurrency is struggling to hold onto its recently-reclaimed levels.Major resistance zones remain overhead, and with inflation data due for release later in the week, the coming days could prove…

Atlantis Hard Fork for Ethereum Classic Scheduled for September 17 Launch
The Atlantis hard fork for Ethereum Classic (ETC) has been officially set to occur at block 8,772,000 on the blockchain, according to the Ethereum Classic Improvement Protocol (ECIP) finalization call via Discord on June 20.As per the discussions in the call, the developers and contributors had previously considered putting the hard fork at block number…

Play-to-earn games are ushering in the next generation of platforms
The online gaming industry has been on the rise for the past few years and for a good reason. From a global pandemic pushing an online revolution to the ever-increasing mobile and internet penetration, more people are spending more time online. It is no wonder the industry is big money, raking in over $20 billion in…

YouTube helps recover hacked channel that attempted XRP crypto scams
YouTube’s swift intervention ensured damage control by preventing XRP hackers from interacting with the channel’s subscribers. 69 Total views 27 Total shares Own this piece of history Collect this article as an NFTProminent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency…

Starbucks and McDonald’s reportedly not testing China’s digital yuan
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC. 483 Total views 9 Total shares American fast-food giants like Starbucks and McDonald’s are reportedly not participating in China’s ongoing digital yuan tests.According to an Oct. 14 report by news agency Sina Finance, China’s central bank digital currency, or CBDC, is…

Major Mining Company BHP, Japanese Shipper NYK Deliver Biofuel Traced via Blockchain
Multinational metal and oil mining giant BHP has successfully tested blockchain in a conjoint experiment with Japanese shipping company NYK, shipping news magazine Dry Bulk reports Tuesday, Feb. 5.Sustainable biofuel company GoodFuels provided its product for the experiment, while BLOC — a developer of blockchain applications for the maritime industry — built the decentralized ecosystem…

Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report
The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate. 861 Total views 68 Total shares Major United States-based cryptocurrency exchange Coinbase is reportedly planning to purchase BtcTurk for $3.2 billion.According to Turkish tech media outlet Webrazzi, which cited a Thursday report…