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3232Analysis of Long-Term ‘Diamond Hand’ Bitcoin Holders Reveals Market Insights: Glassnode
https://www.digit.info/analysis-of-long-term-diamond-hand-bitcoin-holders-reveals-market-insights-glassnode/
Tue, 25 Jun 2024 18:40:39 +0000https://www.digit.info/2024/06/25/analysis-of-long-term-diamond-hand-bitcoin-holders-reveals-market-insights-glassnode/Read more]]>Recent data from Glassnode provides a detailed analysis of bitcoin’s long-term holders (LTH) and their impact on the cryptocurrency market. In the latest onchain report, researchers highlight key metrics and behaviors of LTHs to understand supply and demand dynamics. Bitcoin Market Trends and Long-Term Holders Analyzed in the Latest Glassnode Report Glassnode’s analysis shows that […]
]]>China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
https://www.digit.info/chinas-yuan-continues-to-depreciate-against-greenback-real-estate-crisis-exposed-2-decades-of-accumulated-risk/
Fri, 26 Aug 2022 19:30:08 +0000https://www.digit.info/2022/08/26/chinas-yuan-continues-to-depreciate-against-greenback-real-estate-crisis-exposed-2-decades-of-accumulated-risk/Read more]]>China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid the depreciating yuan, China is suffering […]
]]>Hong Kong Security Crackdown Leads to Record Capital Outflows— Residents Reportedly Used Cryptocurrencies to Move Funds
https://www.digit.info/hong-kong-security-crackdown-leads-to-record-capital-outflows-residents-reportedly-used-cryptocurrencies-to-move-funds/
Wed, 31 Mar 2021 12:30:33 +0000https://www.digit.info/2021/03/31/hong-kong-security-crackdown-leads-to-record-capital-outflows-residents-reportedly-used-cryptocurrencies-to-move-funds/Read more]]>The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence of a significant flight of capital overseas from the Asian […]