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Older Bitcoin Holders Are Spending Their BTC Again: Profit-taking or Strategic Reallocation?

As bitcoin cools off from the latest rally, BTC sitting in wallets belonging to long-term holders has begun to move again. This raises the question of whether these moves are…

Continue ReadingOlder Bitcoin Holders Are Spending Their BTC Again: Profit-taking or Strategic Reallocation?

US Spot Bitcoin ETFs See Second Day of Inflows, Amassing $294.9 Million

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of inflows, accumulating $294.9 million. Blackrock’s IBIT dominated the trading sessions, attracting $187.21 million in inflows. Blackrock’s…

Continue ReadingUS Spot Bitcoin ETFs See Second Day of Inflows, Amassing $294.9 Million

US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack…

Continue ReadingUS Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative…

Continue ReadingUS Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting…

Continue ReadingUS Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Bitcoin Beats Ripple (XRP), Ethereum (ETH), and Dogecoin (DOGE) in Terms of Average Holding Time

TL;DR Bitcoin is typically held for 4.2 years, while Ether and Dogecoin averages are around 2 years. Long-term Bitcoin holders can see significant gains, with some experiencing up to a…

Continue ReadingBitcoin Beats Ripple (XRP), Ethereum (ETH), and Dogecoin (DOGE) in Terms of Average Holding Time