The Bonk team initially promised to execute the burn on Christmas Day, but didn’t get around to it until a day later on Dec. 26.
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Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win.
]]>The Unspent Transaction Output (UTXO) supply in loss has climbed to nearly 20%, a metric that can indicate contrasting sentiments among Bitcoin holders. While one segment of the supply is currently held at a loss, this often suggests that these holders are long-term investors, confident in the asset’s potential. Meanwhile, the remainder of the UTXO supply appears to be held by those with unrealized losses, potentially waiting for a market turnaround. The UTXO supply in loss has approached 20%, which could suggest that a significant portion of the supply is held by confident holders, while the remaining portion represents those
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Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn’t been sold or moved for the last six months.
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According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD Nears $1B Milestone The stablecoin asset issued by Paypal is now the sixth largest stablecoin asset today after growing significantly over […]
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Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.
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Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.
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The collective total held by all Bitcoin ETFs globally is now more than 1 million coins, currently worth almost $68 billion.
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ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print.
]]>In an unprecedented revelation, it has surfaced that more than 80% of the entire Bitcoin supply has remained inactive for the past six months, indicating a significant shift toward a long-term investment approach among Bitcoin holders. JUST IN: Over 80% of all #Bitcoin has not moved in the last 6 months, marking a new ALL-TIME HIGH 
pic.twitter.com/EcfZbg3yxY — Bitcoin Magazine (@BitcoinMagazine) December 23, 2023 The number of wallets boasting a balance greater than zero on the Bitcoin network has now exceeded 916.75 million, signaling a noteworthy 1.8% increase within just a span of 10 days. This surge in wallet
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