Glassnode: Over 60% of Bitcoin Hodlings Have Not Moved in the Past Year
Blockchain data provider and intelligence firm Glassnode released a report which shows that more than half of Bitcoin supply has remained unmoved since the past year. On-chain data analysis firm, Glassnode showed that over 60% of the Bitcoin supply remained unmoved over the course of the past year. Glassnode tweeted that the figures indicate an […]
Trending Bitcoin News and Market Sentiment June 1st, 2020: Rally to $100,000 by 2021 Could Just Have Begun, Institutional Interest in Bitcoin Slow But Sure
Bitcoin daily high so far at USD 9,635 Stock-to-flow model updated to predict a possible rally going up to USD 100,000 valuation in 2021 could be underway Institutional investors may not be rushing to buy Bitcoin, but the interest is certainly growing Bitcoin markets are slightly up after a strong weekend, clawing back all the […]
Bitcoin Price and Technical Market Analysis June 1st, 2020
The weekly candle closed above $9400. Consolidation between the marks $8860-9700 continues. Growth to $10,500 remains our main scenario. Yesterday, sellers made an attempt to break through the local consolidation and the mark $9400 on Bitcoin market. During the day, sellers lowered Bitcoin price by 2.5%, almost absorbing the previous daily candle. The test of […]
