Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and sm
On-chain data from Glassnode shows that Bitcoin short-term holders are currently realizing 55.6 times as many profits as losses.
On-chain data from Glassnode shows 96.9% of Bitcoin short-term holders are in profit following the asset’s rally above the $30,000 level.
Glassnode has explained that Bitcoin investors might still have to wait 8 to 18 months before a new all-time high if history is anything to go by.<
"The market appears to be in a period of quiet accumulation, which suggests an undercurrent of demand," one analyst said.
"The market appears to be in a period of quiet accumulation, which suggests an undercurrent of demand," one analyst said.
Drop comes as the number of staked ether has surged.
Drop comes as the number of staked ether has surged.
More BTC than ever has been held for at least a year, according to Glassnode, a potentially bullish sign.
More BTC than ever has been held for at least a year, according to Glassnode, a potentially bullish sign.
