Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News?

Bitcoin retail investor numbers are on the rise. These smaller investors have less purchasing power but with so many new entrants into the market following the 2020-2021 bull market, their collective purchasing power has grown alongside the total amount they hold. Retail Investors Hold 17% Of Supply Over the last few years, bitcoin addresses holding less than 10 BTC on their balances have been picking up more BTC supply. Recent data from on-chain data aggregator Glassnode shows that these small investors now hold 17% of the total BTC supply. This…

SAND Experiences Selling But Traders Should Short This Level

SAND, the SandBox, has been free-falling since the month of August. The coin has registered a severe decline in demand, which has caused the crypto to lose further value. The asset has pierced through various support levels over the past few months. It lost 2.2% of its value in the last 24 hours. Over the past week, the coin has depreciated in double digits, which has caused the coin to reach a multi-month low on the chart. The technical outlook displayed that the coin has received very little demand, and…

Crypto Markets Today: Popsicle Heats Up as Bitcoin Stays Cold

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Regenerative Finance Brings Sustainability to Crypto – Crypto 2023

Any DeFi product that is to succeed in this new world must solve for two fundamental principles: the creation of new value and new institutional use cases. Regenerative finance is uniquely positioned to address both of these concerns. Through understanding where ReFi comes from it’s easier to grasp how. ReFi is the combination of two distinct disciplines: regenerative economics, in which the focus is on balanced, circulatory flows of capital that integrate both positive and negative externalities while taking care of people and the commons; and decentralized finance, which aims…

Inside Bitcoin Miner Core Scientific’s Prearranged Chapter 11 Bankruptcy

Most of Core Scientific’s customers that already have machines or contracts with the company’s hosting business won’t be affected by the bankruptcy, said Cann. The company, however, is considering selling two of its facilities, said Cann, but that was under consideration before the bankruptcy. The two sites are still under development and house none of their own machines, nor do they pertain to any existing hosting contracts, he said. Original

Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse – Featured Bitcoin News

2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against the greenback over the last year. 2022’s Top Ten Cryptos Shed Billions While a Few Played Musical Chairs Approximately 365 days ago on Dec. 20, 2021, the crypto economy was worth a lot more in…