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The report from Glassnode, for Bitcoins owned by long-term holders, is steadily approaching an ATH of 76%.
This suggests that a significant number of investors have been keeping their $BTC for a significant period, indicating a strong belief in their long-term value goals.
Long-term wallets are classified as wallets that store their coins for at least 155 days.
The feeling that an uptrend is rapidly approaching.
@Сryptoz ₿
🥇 Michael Saylor's MicroStrategy currently has a $520 million unrealized loss on its Bitcoin investment.
Michael Saylor's MicroStrategy has acquired an additional 5,445 BTC at price of $27,053 per coin
MicroStrategy now holds 158,245 BTC acquired for about $4.68 billion at an average price of $29,582 per bitcoin.
@Сryptoz ₿
NFT-a crypto investor complains that he once paid $7 million for a gif - and now the highest offer for NFT is $0.00 🤷 ♂ ️
By the way, the analytical departments of NFT Scan and CoinMarketCap conducted a joint study, as a result of which they came to the conclusion that 95% of NFT from the entire supply of non—interchangeable tokens are worthless - out of 73,257 collections, 69,795 have zero market capitalization.
I'll buy it for $ 1 😁
@Сryptoz ₿
🤓 Developers have reported that the Dencun update for Ethereum may be postponed to next year
The developers of the Ethereum Foundation reported that if they do not have time to launch the Dencun update on the test network before the Devconnect conference (in mid-November), it will be postponed to next year.
They also stated that the restart of the Holesky test network will take place on September 28.
@Сryptoz ₿
Tether has invested in the German mining company Northern Data, Forbes reports.
As part of an "unusual" deal, Tether bought 10,000 Nvidia H100 GPUs for a total of $420 million for Northern Data, which wants to lease them to AI startups. For its part, the USDT issuer will receive 20% of the miner's shares.
@Сryptoz ₿
From June 30, 2024, Binance may be forced to delist all stablecoins in Europe due to the entry into force of the bill on the regulation of the MiCa crypto assets market
Binance representative Marina Partuisot stated: "We are moving towards delisting all stable coins in Europe on June 30. This could have a significant impact on the European market compared to the rest of the world."
However, Binance is confident that "there will be a constructive solution before June" to avoid excessive exposure.
@Сryptoz ₿
