Retail investors amassing Bitcoin as price of BTC crosses $46K Crypto
The on-chain analytics firm reports that addresses holding 0.1-1 BTC have increased their balances by 1.47% in just 30 days. It specifically states that since the January lows, all the clusters of addresses holding below 1 BTC have increased their holdings up to 5.51%.
As covered by U.Today, the Bitcoin Mid-Halving Event is expected to happen on April 11. Santiment's on-chain data feed highlighted each point between halvings that the market has already seen. According to the chart, each mid-halving event was marked with a local price top, after which Bitcoin's value decreased until the next halving.A massive amount of Bitcoin is being actively removed from exchanges by traders and investors, according to the most recent Glassnode data.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retail investors are ignoring something bond investors are telling marketsMartin Pelletier: Retail investors have been adding risk by buying the dip on high\u002Dbeta and long\u002Dduration stocks. Bond investors are doing the opposite
Read more »
Senate Republicans Push for Package of New Laws to Aid Small Business, Retail InvestorsSenate Republicans unveiled a plan to spur business. 'The JOBS Act helped to revitalize interest in the public markets and spur economic growth, but it is clear significant work remains,' Pa.'s SenToomey said.
Read more »
U-Turn: Singapore's Largest Bank Won't Extend Crypto Services to Retail ClientsDue to the local financial regulators, which are “rightfully concerned” about allowing crypto services in the retail market, DBS Bank withdrew its plans to provide such options.
Read more »
Thieves hit two Loop retail stores within minutesStorefronts of two businesses were broken into less than 30 minutes apart Tuesday morning in downtown Chicago.
Read more »
Overheard At The Luxury Meets Cannabis Conference: 12 Tips For Retail SuccessWhen it comes to CBD, cannabis and THC-infused wellness brands, the industry has officially blossomed into a full-fledged mainstream CPG category. Take note of these mic drop moments by Brett Heyman of Flower by Edie Parker and Wendy Nguyen of Artemis, overheard on panels at LMCC.
Read more »
Medicare enrollees can get free COVID-19 home tests at more than a dozen retail pharmaciesMillions of seniors on Medicare can get up to eight free COVID-19 home tests each month from pharmacies at more than a dozen national and regional chain retailers.
Read more »