Hester Peirce’s Last Effort at SEC as Wilshire Phoenix BTC ETF Is Rejected — link
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor — link
Dubai Welcomes Global Businesses With First Blockchain KYC Platform — link
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions — link
What Do the Richest Men in the World Think of Crypto and Blockchain? — link
Dubai goes digital with first blockchain KYC platform — link
Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide — link
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor — link
Dubai Welcomes Global Businesses With First Blockchain KYC Platform — link
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions — link
What Do the Richest Men in the World Think of Crypto and Blockchain? — link
Dubai goes digital with first blockchain KYC platform — link
Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide — link
Supreme Court Lifts RBI Ban On Trading In Cryptocurrency, quashing an earlier ban imposed by the Reserve Bank of India (RBI) on trading in virtual currencies such as Bitcoin.
BTC Sellers Appear to Mostly be Short-term Holders
On-chain data shows that recent price movements were likely mostly driven by shorter-term and relatively new holders.
Coin Metrics’ revived supply tracks how many old coins come back into circulation after being untouched for a specific period of time. For example, thirty day revived supply tracks how much supply is moved on-chain (i.e. transacated) after being untouched for at least thirty days.
On March 11th, about 281k BTC that had been untouched for at least thirty days were revived. But only 4,131 BTC that had been untouched for at least one year were revived. This signals that a vast majority of the activity on March 11th and March 12th involved BTC that had been held for less than a year. — link
On-chain data shows that recent price movements were likely mostly driven by shorter-term and relatively new holders.
Coin Metrics’ revived supply tracks how many old coins come back into circulation after being untouched for a specific period of time. For example, thirty day revived supply tracks how much supply is moved on-chain (i.e. transacated) after being untouched for at least thirty days.
On March 11th, about 281k BTC that had been untouched for at least thirty days were revived. But only 4,131 BTC that had been untouched for at least one year were revived. This signals that a vast majority of the activity on March 11th and March 12th involved BTC that had been held for less than a year. — link