CryptoBlog n.739
⚡️ Glassnode ▫️ Every time Bitcoin holders 7+ years have moved their BTC in the past, the price has fallen 20-80% in the following months. Will this week's $19.6K deal be the same, or will it be different this time? ▫️ According to the blockchain, this transaction was for 5000 BTC. The BTC data was sent from a personal wallet to the Kraken exchange.
CryptoBlog n.738
⚡️ CryptoRank ▫️ The most popular IDO platforms in August. August was less eventful for token sales and TGEs compared to July. At least DAO Maker announced Sweatcoin (05.09), Themis, Muon Network and Codyfight, and Tokensoft launches Humanode 14.09 + waiting for Axelar to unlock on Coinlist.
CryptoBlog n.737
Whalemap ▫️ There have only been three occasions in BTC history when the market price was below the realized price for 1-2 year holders. These periods marked the bottom for bitcoin. Let's see how this statistical pattern works out this time, but by many cyclical indicators the story is similar.
CryptoBlog n.736
⚡️ Bitcoin mining revenue by month In August 2022, Bitcoin mining revenue was up 10% over the revenue reported in June: $597 million - > $657 million. The increase is primarily due to an increase in the number of bitcoins mined.