Cryptocurrency Insight
On-chain data shows that Bitcoin’s diamond hands remain strong as its supply hit a new all-time high. Supply of long-term Bitcoin holders increased to a new ATH According to Glassnode’s latest weekly report, long-term holders are now holding 14.46 million BTC. The “long-term holders” (LTHs) Read More
Bitcoin’s hashrate has continued its recent climb, reaching new dramatic highs. The top digital asset by market capitalization experienced a big rally, bringing positive sentiment. This led to more miners connecting to the Bitcoin network and a new all-time high of 400 EH/s in the Read More
Cycle expert Bob Loukas recently shared a long-term view of Bitcoin, which suggests the top cryptocurrency is poised for another uptrend. However, an equity-driven “bump” remains in the way. In this post, we will explain what Loukas means and what can happen when this obstacle Read More