FlowBank

1128 days ago

More coins are accumulated into long term holding positions than ever before

The trend of coins being withdrawn and locked away into long term holding patterns is a direct response to the worlds central bank response to 2020. This data provides strong evidence that Bitcoin is now viewed as an important macro asset. Whilst on-chain metrics are resetting, and some may argue there is room to go in this correction, there still appears to be significant demand from long-term investors. This is quite unique in trend and scale compared to Bitcoin's history, especially at this stage in a bull market. - Glassnode

1128 days ago

21Shares ETPs see record year to date returns:

21Shares crypto basket index ETP (HODL) and 21Shares binance BNB ETP (ABNB) are seeing some of the best results this year. Source 

1129 days ago

Bitcoin mining is more lucrative than ever before:

February saw record gains in revenues as bitcoin miners broke a more than three year record generating $1.36 billion. Read our article on cryptocurrency mining here. Source: Coindesk

1129 days ago

Cardano's ADA blows up as XRP crumbles in February

Cardano’s gains were so impressive that its market capitalization climbed to about $40 billion, becoming the third-most-valuable digital asset and vaulting past cryptocurrencies like bitcoin cash (BCH) and litecoin (LTC) that had led the industry standings in recent years. XRP, the token used in Ripple Labs’ payment network, fell 15% on the month. Soure: CoinDesk

1129 days ago

Bitcoin soars back over $50k after Citi's bullish report, China region mining ban

The cryptocurrency is back over the 50,000 Big Fig as traders buy the dip from last week's sell-off. March to $100k continues?

Bitcoin soars back over $50k after Citi's bullish report, China region mining ban
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