Bitcoin is facing a demand shock: What is a demand shock?
Demand for ETF issuance and the upcoming halving will exacerbate the impact of demand shocks
JinseFinanceDemand for ETF issuance and the upcoming halving will exacerbate the impact of demand shocks
JinseFinanceBitcoin's supply-in-profit ratio nears previous bull market peaks, indicating substantial unrealized gains. Analysts foresee sustained levels amidst institutional investment but caution against potential price corrections. Crypto market hits 22-month high at $2.25 trillion.
Xu LinBlackRock's swift Bitcoin accumulation raises concerns of a supply squeeze, potentially propelling Bitcoin's value to new heights. The intricate dance between institutional power and decentralized assets unfolds as the crypto market faces unprecedented dynamics.
Cheng YuanBlackRock's substantial Bitcoin acquisitions, totaling 11,500 BTC in two days, have raised concerns of a supply crunch. Despite worries, a bullish outlook prevails, with InvestAnswers suggesting a potential boost to Bitcoin's market to new heights. Institutional OTC trading is cited as a strategy to mitigate market volatility.
BerniceApproximately 57% of Bitcoin remains dormant for over two years, held by Long-Term Holders (LTHs) setting consecutive highs. This resilient group showcases strong conviction, potentially influencing Bitcoin's supply dynamics. The recent approval of Bitcoin spot ETFs by the US SEC and a decline in BTC stored on exchanges further suggest a supply squeeze. Bitcoin is trading around $45,900, reflecting a 4% increase in the past week. Traders monitor these trends for potential impacts on Bitcoin's price movements.
EdmundIrys plans to fork Arweave, resetting token supply, a move criticized by Arweave's founder as short-sighted and greedy.
BerniceCasio's G-Shock brand introduces a unique collection of NFT-based digital art, blending innovation with traditional watchmaking.
SanyaCasio Computer Co., Ltd. has revealed plans to release 2,000 limited edition VIRTUAL G-SHOCK NFTs (non-fungible tokens) on 15 December, showcasing futuristic shock-resistant watches in a virtual realm. The move follows the September 2023 launch of the VIRTUAL G-SHOCK project aimed at engaging with Gen Z and new users in a virtual space.
JoyNet exchange outflows have slowed to $641 million in BTC.
BeincryptoThe adoption of the bitcoin lightning network has been on the rise for a while now. This was especially pronounced ...
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