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Price Increase Drives 98% of Bitcoin Holders Into a State of Profit


The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on...

Bitcoin Sees First 12-Month Period with Losses Since 2019 Rally


After a series of lower highs for bitcoin (BTC) price since its last major rally in 2019, some investors in the number one cryptocurrency may be forced to adjust their expectations, the latest return figures suggest. Following a decline in the bitcoin price of nearly 9% over the past 7 days,...

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