Nearly a million addresses hold more than 1 bitcoin, half the US median salary
Key Takeaways The distribution of Bitcoin can be analysed through the transparent nature of the blockchain Nearly 1 million addresses now hold more than 1 Bitcoin, equivalent to $27,500, or half the US median annual salary As Bitcoin collapsed in price last year, falling 77% from peak to trough, the 1 Bitcoin hurdle became far […]
Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs were liquidated on Thursday and Friday, the largest 48-hour number of the year News that deposits will be made whole at SVB propelled the market […]
1 Quadrillion BabyDogeCoin tokens worth $2.6 million burned
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Bitcoin “shrimp” addresses hit 43.2 million
Bitcoin “shrimp” wallets, which hold 1 bitcoin recently surged to 43.2 million. Bitcoin addresses with 0.01 BTC or less have also hit an all-time high of 32.6 billion. Data also shows bitcoin wallets in profit have reached 70% after recent price gains. Bitcoin price recently reached an eight month high when it rallied to highs […]
Huge DOGE Whale Accumulated 10 Million Doge
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Bitcoin price rose despite $25 million in product outflows
Bitcoin products saw $25 million in outflows last week, according to asset manager CoinShares. There was $3.7 million in short Bitcoin as investor sentiment flipped negative on recent regulatory concerns. But crypto prices still recorded huge moves, with BTC hitting a six-month high above $25,000. Bitcoin price hit its highest price level in six months […]
Shiba Inu | 102.1 Million SHIB Destroyed Over Past 7 Days-ME
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Tesla saw a net loss of $140 million on its Bitcoin in 2022
Tesla recorded gains of $64 million and impairment loss of $204 million. The company has revealed it sold 75% of its Bitcoin holdings, and held BTC worth about $184 million as of 31 December 2022. The electric vehicle maker bought Bitcoin worth $1.5 billion in 2021. Tesla has revealed that the company sold most of […]
Inflows into Bitcoin products surged by $116 million last week
Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. Bitcoin saw almost all of last week’s digital asset investment products inflows, with $116 million of the total. Total assets under management (AUM) rose $28 billion, roughly 43% from inflow lows recorded in November. Bitcoin saw the most […]
30+ million Bitcoin addresses are in profit after BTC spike
Bitcoin addresses in profit is at a 9-month high of 30+ million. More unique addresses in profit were last above 30 million in early April 2022. Non-zero addresses also hit a 1-month high while addresses with 0.01+ BTC is at an all-time high. The number of Bitcoin addresses that are currently in profit has reached […]