Bitcoin Investors Are HODLing More Than Ever: Glassnode
Data from Glassnode shows that investors are holding on to their bitcoin longer than ever. The amount of bitcoin that's been held for at least a year has climbed to a record 68% while 55% of bitcoin has been held for at least two years, and 40% for three years. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research
The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.
First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation Report
The latest price moves in crypto markets in context for May 24, 2023.
Bitcoin, Ether Slip as UK Core CPI Reaches Highest Since 1992
The annualized 3-month trend in UK core CPI is running at a whopping 13.6%, per the UK Office of National Statistics.
First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All
ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes?
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
Ether and most other major altcoins rise slightly, even as stocks drop amid worries about debt ceiling negotiations.
Bitcoin HODLing Has Never Been More Popular
More BTC than ever has been held for at least a year, according to Glassnode, a potentially bullish sign.
CoinDesk Indices Trend Indicator Hints at Continued Downturn for Bitcoin, Ether
Bitcoin and Ether’s streak of monthly gains is in danger of ending.
