Fastest rate of change: 15M BTC goes into self custody

Nearly 78% of Bitcoin’s total circulating supply is illiquid, according to Glassnode on-chain data analyzed by Cryptoslate, leaving less than 22% of all mined BTC moving around and exchanging hands.  The metrics show investors have been pulling their digital assets away from exchanges and storing them in custodial wallets, to avoid selling them.  Cryptoslate delved […]

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Bitcoin whale indicator detects multi-month accumulation trend as BTC eyes $67K-retest

The "Whales Supply Shock" metric has been pretty accurate in detecting Bitcoin market tops.

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Crypto Flipsider News – US Treasury to Modernize for Cryptos, ETH Supply Shock, $639M BNB Burn, Polkadot $774M Development Fund, Crypto Fraud Statistics

Read Tuesday's breaking news in the daily digest!

Continue reading Crypto Flipsider News – US Treasury to Modernize for Cryptos, ETH Supply Shock, $639M BNB Burn, Polkadot $774M Development Fund, Crypto Fraud Statistics at DailyCoin.com.

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Algorand’s First Governance Period Sees Nearly 2 Billion ALGO Locked

Algorand, the smart contract layer 1 launched in 2019, marked a new era in their development today with the successful closing of their first governance period window. Potential ‘Governors’ had two weeks to secure their commitment in the form of Algo, to earn a yield and vote on protocol measures. The results are now in. […]

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Bitcoin Supply Shock: Is The Mother Of All Supply Squeezes Finally Upon Us?

According to analysts, that Bitcoin supply shock we’ve been promised all year is looking more and more likely. Covered: Bitcoin Supply Shock Is Imminent Is It Actually Happening This Time? Bitcoin Supply Shock Is Imminent Never in the history of the #Bitcoin Network has this large of a percentage of the circulating supply (85.25%) been […]

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Bitcoin exchange reserves near 7-year low as hedge funds buy the dip

Despite a potential supply-shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph.

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Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market

As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows and onchain metrics to gauge bitcoin demand and supply dynamics. Bitcoin [...]

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‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known [...]

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