Tag: upbeat

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Bitcoin investors are sitting on their hands, and the data says that’s a very good sign. Long-term holder supply just hit 16.64 million BTC, a new all-time high, according to Coinglass data shared on July 21. That figure represents roughly 83% of Bitcoin’s total circulating supply. In plain English: five out of every six Bitcoin

Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the

Bitcoin has overtaken gold as the preferred hard asset among American investors, according to bitcoin financial services firm River. The firm found that 49.6 million Americans, or 18.6% of the adult population, now own bitcoin, compared to 28.8 million, or 10.8%, who hold gold. Key Takeaways River’s July report found 49.6 million Americans hold bitcoin

Foundry USA began asking mining customers to vote on how the pool should signal on Bitcoin Improvement Proposal (BIP-110), a soft fork proposing to shrink how much data can be stored in Bitcoin transactions to limit non-monetary transactions, such as Ordinals, on the Bitcoin network. The world’s largest mining pool by hashrate also released educational