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Hold Or Hoard: Data Shows Staggering Amount Of Bitcoin Supply Hasn’t Moved In Several Years

bitcoin dormant supply Depositphotos 357921970 xl 2015
Bitcoin is the entire reason that the term “HODL” was coined, no pun intended. The phrase “hold on for dear life” may have been taken too much too heart, with more than half of the total BTC supply locked away dormant in a wallet for a year or more. Are these committed long-term holders, hoarders, or is something else going on? We’re looking at all the possible scenarios related to the ever-increasing sleeping supply of
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Bitcoin’s Records & Chainlink’s Aftermath: A Data Perspective by IntoTheBlock

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Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading
The post Bitcoin’s Records & Chainlink’s Aftermath: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog.
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Bitcoin And Crypto Market Roundup For The Week Gone By

Depositphotos 136582812 s 2019
Bitcoin is once again approaching $11K, after swiftly recovering from a drop alongside stocks and gold early last week. The leading cryptocurrency fell to $10K before bouncing amidst bullish headlines, including news that British overseas territory Bermuda had approved a Bitcoin ETF. Although not on U.S. soil, the event has created a stir among traders, who have long anticipated that a Bitcoin ETF listing could trigger a meteoric rise like the one that followed the
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