Almost 10% Of Bitcoin Supply Bought Above $60,000: Glassnode

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Bitcoin, bitcoin buying, Bitcoin Distribution, Bitcoin News, Bitcoin Rally, Bitcoin supply, btc, btcusd, Glassnode

Data from the on-chain analytics firm Glassnode has revealed that around 9.5% of the Bitcoin supply changed hands above the $60,000 level. 1.87 Million Bitcoin Was Acquired At Price Levels Higher Than $60,000 In its latest weekly report, Glassnode has shared how the supply distribution of Bitcoin looks in terms of which levels the investors […]

Bitcoin Halving Supply Shock May Be Significant This Time, Here’s Why

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Bitcoin, bitcoin demand, bitcoin ETF, Bitcoin Halving, Bitcoin News, Bitcoin supply, Bitcoin Supply Shock, btc, btcusd

The CEO of on-chain analytics firm CryptoQuant has explained why the supply shock due to the Bitcoin halving could be significant this time. The Reason Why Bitcoin Halving Could End Up Being Significant In a new post on X, CryptoQuant CEO and founder Ki Young Ju has talked about how the US-based Bitcoin miners are […]

Grayscale Explains How Bitcoin Price Could Be Bolstered By Supply Dynamics In 2024 | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, Bitcoin supply, btc price, BTCUSDT, Grayscale

Bitcoin and its price prospects in 2024 have been one of the primary subjects of discussion in the cryptocurrency space over the past few months. Grayscale is among the latest entities to discuss the premier cryptocurrency and speculate on its valuation in the fast-approaching new year. The crypto asset manager has offered a unique insight […]