BTC short-term holders 'likely taking on more risk' as realized cap drops by $6B
Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst.
Related Posts


SBI Ripple Asia, Japan Payment Card Consortium Partner on Blockchain System to Fight Fraud
SBI Ripple Asia and the Japan Payment Card Consortium have announced a joint proof of concept (PoC) to combat fraud with blockchain technology, according to an official release published Nov. 16.According to the news release, the PoC will be conducted on R3's blockchain platform, Corda, and will aim to prevent damage wrought by fraudulent transactions…

Umbrella Network launches on Ethereum with cross-chain bridge to BSC
Smart contracts, especially for DeFi, are becoming a data-intensive industry. Oracle services are helping to bridge the gap. 1113 Total views 16 Total shares Decentralized oracle service Umbrella Network officially launched on Ethereum Friday, setting the stage for cross-chain transactions between the dominant smart contract platform and Binance Smart Chain, or BSC. The cross-chain bridge connecting…

Bybit receives VASP, card operator registration in Argentina
Bybit’s registration as a virtual asset service provider was made possible by a law passed in July.

Square-Enix backs blockchain-based football MMO ‘Soccerverse’
The game uses the Polygon blockchain and currently runs in most browsers.

Bitcoin will not become a global medium of exchange, says Charlie Munger
Billionaire investor and Berkshire Hathaway vice-chairman Charlie Munger has once again dismissed the value proposition of Bitcoin. 2516 Total views 9 Total shares Like Berkshire Hathaway chairman Warren Buffett, the 97-year-old Munger is a known critic of Bitcoin (BTC).Addressing the 2021 Daily Journal annual meeting with shareholders organized by Yahoo Finance on Wednesday, Munger again…

John Reed Stark opposes regulatory reform at SEC crypto roundtable
The US Securities and Exchange Commission held the first crypto roundtable of industry attorneys, officials, and former regulators on March 21. 2455 Total views 3 Total shares John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory

Binance completes integration of Bitcoin Lightning Network
The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network. 139 Total views 1 Total shares Cryptocurrency exchange Binance has announced it has successfully integrated Bitcoin (BTC) on the Lightning Network, enabling the use of the layer-2 scaling solution for Bitcoin withdrawals and deposits.Binance confirmed the news in…

XRP price soars to 43-month highs, but is the rally over for now?
XRP's technical analysis points to a potential 20% price decline in December, with overleveraged positions likely exacerbating the downward pressure.