Ongoing Profit-Taking Could Slow Bitcoin’s Move to Record High
Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.
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Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.
All airdrop recipients have the option to claim 50% at the token generation event (TGE), 50% six months later, or 80% at TGE minus a 20% penalty.
Buterin’s roadmap aims to keep Layer 1 decentralized, ensure Layer 2s inherit Ethereum’s core values, and enhance seamless interoperability across chains.
Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week.
A note from Kalshi’s market research team suggests the prediction market – polls gap can be explained by Harris’ sliding popularity with key demographics.
HO CHI MINH, Vietnam, 17th October 2024, Chainwire
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Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100 By Year-End
Bitcoin is often referred to as “digital gold,” but now it is possible to mint and trade physical gold on the Bitcoin blockchain via the Ordinals protocol.