Bitcoin investors are currently holding an estimated $1.2 trillion in unrealized profits, according to on-chain analytics platform Glassnode. This significant figure highlights the paper gains accumulated by long-term holders as Bitcoin continues to trade close to its record highs. Bitcoin Investor Base Shifts From Traders to Long-Term Institutional Allocators Glassnode data reveals that the average
U.S. exceptionalism, the notion that the U.S. economy and its financial markets are distinct compared to those of other nations, remains alive and well, at least according to the equity markets. Since the early April slide, Wall Street’s tech-heavy Nasdaq index has surged 31%, while the broader S&P 500 index has rallied 24%, according to
Bo Hines, the US President’s Chief Advisor on Digital Assets, made a striking prediction about the cryptocurrency sector. Hines said that with the entry into force of stablecoin regulations in the US, the total market value of the digital asset industry could reach $15 to $20 trillion. Bo Hines said in a statement that these
In the dynamic world of digital assets, few topics spark as much debate and fascination as a company’s decision to integrate Bitcoin (BTC) into its treasury. Once heralded as a visionary move, a recent commentary from Glassnode lead analyst James Check has cast a shadow of doubt over the long-term viability of the Bitcoin treasury
In a world where nations are still grappling with the concept of digital assets, El Salvador continues to stand out as a pioneering force. The Central American nation, under the visionary leadership of President Nayib Bukele, has once again made headlines with its latest Bitcoin accumulation, solidifying its commitment to a unique economic path. This
Something big is happening behind the scenes in the Bitcoin market. While most retail investors remain cautious as the bitcoin price continues to consolidate around $108k. In the meantime, Bitcoin’s “mega whales” are quietly adding to their stacks. This quiet accumulation might be a strong signal of what’s coming next for Bitcoin’s price. Mega Whales
A widely followed crypto analyst says that Bitcoin (BTC) is extremely likely to hit $250,000 or possibly even higher. In a new video update, crypto trader Michaël van de Poppe tells his 170,000 YouTube subscribers that based on historical precedent, the top crypto asset by market cap appears ready to skyrocket. According to Van de
In a compelling move that underscores the evolving landscape of corporate finance, Swedish esports powerhouse Fragbite Group has made headlines by securing a substantial loan to establish a dedicated Bitcoin treasury unit. This isn’t just about a company getting a loan; it’s a powerful statement about growing confidence in digital assets and a strategic shift
The world of cryptocurrency is abuzz with the latest move from the Norwegian Block Exchange (NBX). This publicly listed digital asset trading platform has announced a significant fundraising effort, securing approximately $535,000, specifically earmarked for a strategic Bitcoin purchase. This isn’t just another transaction; it signals a growing confidence in digital assets among established financial