In a recent post, Ripple CTO David Schwartz shared insights into his personal crypto holding and selling strategies, revealing a trend among early Bitcoin investors. According to Schwartz, during his time holding Bitcoin, he would sell when necessary, whether it be to pay taxes or make purchases like a new computer. This behavior, as highlighted
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Bitcoin miners have been actively selling their holdings following the halving effect, based on on-chain data. This continuous selling pressure is not showing any signs of abating, and it is feared that there may soon be very little Bitcoin left to be sold in the market. The halving event, which halves the block reward for
The recent decline in wholesale prices of Flying Fairy, a prestigious Chinese alcohol brand, has raised concerns about the state of China’s economy. The 5% drop in prices over the span of a week and the overall 30% decrease since September 2021 indicate a significant shift in market dynamics. Nomura analysts have pointed out that
When looking at the least difficult places to buy a home in the U.S., a new real estate indicator reveals that Iroquois County, Illinois, is the most cost-effective or affordable housing market among the measured counties. Cost is one of the contributing factors that determine the ease of purchasing a home in a particular area.
In a recent analysis conducted by the esteemed cryptocurrency research firm Messari, the Nervos Network (CKB) has emerged as a key player in revolutionizing Bitcoin’s technological infrastructure. The report delves into how Nervos utilizes its innovative Layer-1 blockchain and RGB++ protocol to tackle critical scalability and programmability issues within the Bitcoin ecosystem. According to Messari’s
Bitcoin, the leading cryptocurrency in terms of market capitalization, has recently experienced a significant drop in price, reaching a one-month low. This decline comes as the rapid surge in value that characterized this year shows signs of slowing down due to a lack of new market catalysts. Michael Saylor’s Response In the midst of this
Bitcoin, the leading cryptocurrency, has experienced a remarkable price surge, quadrupling since the beginning of 2023 to reach a new high of $73,798 in March. However, recent findings by crypto analyst Ali have pointed out a troubling trend in exchange-related on-chain activity for Bitcoin. On-chain activity, which encompasses transactions and interactions recorded directly on the
Fundstrat’s Tom Lee has been known for his accurate predictions on quick market moves in recent years. He has made unconventional and bold short-term calls on where equities will go next, especially amidst the unique environment created by the pandemic and its aftershocks. Lee’s track record speaks for itself, with many of his predictions coming
The trend of constructing more built-for-rent single-family homes in the U.S. is gaining momentum, with a 20% increase in construction during the first quarter of 2024 compared to the same period in 2023. This surge is attributed, in part, to the housing affordability crisis, which is forcing many individuals to opt for renting instead of
The foreign exchange market experienced some interesting developments recently, with the U.S. dollar reaching new highs compared to its European counterparts. The Federal Reserve’s more hawkish stance, in contrast to the actions of the European Central Bank, the Bank of England, and the Swiss National Bank, has contributed to the dollar’s strength. Despite signs of