Hodlers Are Not Ready to Sell Their Bitcoins
Most long-term investors still adhere to their accumulation strategy.
Bitcoin Lost More Than 13% of its Value in August
The price of Bitcoin, the largest crypto in the market by capitalization, and Ether, the second one, lost about 13% and 20% of their value last month, respectively.
Cyber Capital Founder Says Bitcoin is a Speculative Asset
According to the founder of Cyber Capital, BTC has turned out to be the weakest digital currency from a technical point of view.
Largest US Bitcoin ATM Operator Plans to Become Public with $885M Valuation
Bitcoin Depot plans to go public with a $885 million capitalization.
Miners Sold More Than 5,700 BTC in July
Mining pools sold 3,767 BTC in July, whereas during the same month they mined 3,470 coins.
Bloomberg Analysts Believe Bitcoin is Entering a Bullish Phase
According to Bloomberg analysts, the largest crypto by capitalization will soon enter a new bullish phase.
Bloomberg Strategist Says Bitcoin is Trading at a Significant Discount
Mike McGlone has said that Bitcoin is trading at a significant discount in a sustained bull market.
