According to Polymarket’s latest betting activity, participants are showing a modest 30% confidence in bitcoin (BTC) reaching the $ 100,000 mark by the end of the year. However, in a twist, another wager on the platform indicates a 21% belief that bitcoin could leap to $ 150,000 by March 31, 2025. Bitcoin’s Future …
Since September, 507,000 BTC Sold by Long-Term Holders, Glassnode Data Reveals
Bitcoin’s price surge toward $ 100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin’s Rally Reveals a Record $ 2 Billion in Daily Profits As bitcoin (BTC) prices edge closer to six figures, long-term holders are …
Bitcoin Breaks All-Time Price Highs: Long-Term Holders Stir as Institutional Demand Surges
Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis. Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart and Ukuria OC reported that this month’s surge was driven by capital inflows of $ 62.9 …
L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security
Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns […]
Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals
Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt of recent losses. Long-Term Bitcoin Holders Show Resilience, Averaging $ 138M in Daily Profits, Says …