Tag: Bitcoin

source: techinasia.com

Metaplanet Shares Rise 12% After $104M Bitcoin Buy

Tokyo-listed investment firm Metaplanet has boosted its Bitcoin reserves by acquiring an additional 1,004 BTC, raising its total holdings to 7,800 BTC. In a regulatory filing dated May 19, Metaplanet revealed its latest Bitcoin purchase—1,004 BTC acquired at an average price of $97,182 per coin. The $104 million investment brings ...

80%+ of Bitcoin Held by Wallets with 10+ BTC

80%+ of Bitcoin Held by Wallets with 10+ BTC

As Bitcoin adoption continues to grow, new data from Santiment reveals an increasing concentration of ownership in large wallets while the share held by retail investors steadily declines. As of May 13, wallets holding 10 BTC or more, roughly equivalent to $1 million, now control 82% of the total mined ...

Bitcoin LTH Supply Drop Signals Possible Market Top

Bitcoin LTH Supply Drop Signals Possible Market Top

A recent decline in Bitcoin’s long-term holder (LTH) supply may be flashing early warning signs of a potential market top, according to on-chain data from Glassnode. The analytics firm noted that LTH supply referring to wallets holding BTC for at least 155 days had risen steadily from 13.66 million in ...

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