While Bitcoin (BTC) takes its latest price correction, a climbing number of investors are under the weight of unrealized losses, especially among the short-term holders. These are the folks who entered the market just last fall during the wild price surge we’re all too aware of at this point. And now these same folks are sitting on what seem to be some pretty substantial losses when you size them up against the current market drawdown. Of course, this is all very reminiscent of some of the earlier conditions in the current bear market. And that’s led at least some of
The post Bitcoin Market Trends Indicate Potential Shift as Short-Term Holders Face Unrealized Losses and Long-Term Holders Hold Steady appeared first on The Merkle News.
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Under new leadership and regulations, crypto may have a chance to make it mainstream.
]]>Chun Wang, a principal player in the cryptocurrency mining and staking industry, and a co-founder of major blockchain infrastructure companies F2Pool and Stakefish, has further cut his position in Lido DAO (LDO). Wang sold 500,000 LDO tokens for 807,412 USDT at an average price of $1.615. This recent sale is part of a larger ongoing effort by Wang to liquidate his holdings in Lido DAO since his return to the market after a 10.5-month break in November 2024. Wang’s actions have attracted a lot of attention, particularly because he was an early supporter of Lido DAO. As a founding member,
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New MakersPlace accounts were disabled immediately, but users can still purchase NFTs on the platform until it shuts down completely.
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DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024.
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In just 26 days, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will gather to deliberate on whether to adjust the federal funds rate. As of Jan. 2, 2025, with the next meeting slated for Jan. 29, the market anticipates no movement in the rate. Fed’s Rate Play: Markets Brace for January […]
]]>In 2024, Solana solidified its position as the premier blockchain ecosystem for attracting new developers, surpassing Ethereum, Aptos, Base, Bitcoin, Sui Network, NEAR Protocol, Polkadot, Polygon, and Starknet. Each of these ecosystems brought in over 1,000 new developers this year, but Solana stood out as the leader in innovation and growth. https://twitter.com/CryptoRank_io/status/1867549924570620151?t=8ul_RQzSFkPuvbIoKDTWfg&s=19 Beyond developer activity, Solana has maintained dominance in decentralized exchange (DEX) market share. For ten consecutive weeks, it has led all chains in DEX trading volume, reflecting its thriving DeFi ecosystem and robust user activity. https://twitter.com/SolanaFloor/status/1867598623678300490?t=C9naYGyK00jQ5JQ-nW1uEw&s=19 The liquid staking sector has also contributed significantly to Solana’s success. The
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]]>Solana’s investor base remains resilient, with long-term holders displaying strong conviction in the network’s future. Data shows that the 6–12 month holding cohort now controls 27% of Solana’s total supply, a testament to the confidence of buyers from the 2024 rally. #Solana investors are #HODL-ing firm, expecting higher prices. Long-term holders’ share of wealth locked in the network is growing. The 6-12 month cohort now holds 27% of the supply, showing conviction from 2024 rally buyers.#SOL’s RHODL Waves chart: https://t.co/7AwppTiVm7 pic.twitter.com/8s6NmDNaqL — glassnode (@glassnode) December 13, 2024 In contrast, the share held by the 1–2 year cohort has declined significantly,
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One analyst said South Korea’s limiting of the market to a few players caused a sudden decrease in liquidity.
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CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year.
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