Long-Term Bitcoin Holders Hold Firm Despite $73K Peak
Bitcoin’s downtrend persists for two months, with long-term holders refraining from selling despite weakening bullish momentum since the all-time high. The price of Bitcoin has been in a downtrend for the past two months, and supporters have weakened in their ability to sustain upside momentum. On-chain Bitcoin data indicates that long-term holders (LTH) are not […]
HK Company Becomes Largest Holder in BlackRock Bitcoin ETF
Hong Kong’s Yong Rong HK Asset Management Ltd claims the top spot in BlackRock’s iShares Bitcoin ETF holdings. Yong Rong HK Asset Management Ltd. of Hong Kong has surpassed all other holders of the BlackRock iShares Bitcoin ETF (IBIT), according to data released by a Bloomberg Intelligence analyst on Friday. Eric Balchunas, a senior ETF […]