Bitcoin long-term holders locking in profits could lead to BTC price pullback
Bitcoin long-term holders locking in profits could lead to BTC price pullbackLong-term holders are selling their Bitcoin, racing to lock in profits for the first time since May 2022 as Bitcoin surges past $28,000.
Happy TuesdayThe global crypto market cap is $1.18 trillion with a 24-hour volume of $66.99 billion. The price of Bitcoin is $28,427.25 and BTC market dominance is 46.2%. The price of Ethereum is $1,815.31 and ETH market dominance is 18.7%. The best performing cryptoasset sector is Jobs, which gained 14%.
Latest NewsBitcoin long-term holders locking in profits could lead to BTC price pullback
Long-term holders are selling their Bitcoin, racing to lock in profits for the first time since May 2022 as Bitcoin surges past $28,000. Arbitrum to airdrop 112.8M ARB tokens to DAOs on its ecosystemArbitrum said the airdrop was not a retroactive grant to these DAOs. DeFi projects, GMX and TREASURE, gets the highest allocation of 8 million apiece. Amid stablecoin turbulence, Djed to expand to Ethereum, Binance Smart ChainDjed's stability during recent turbulence prompted DeFi protocols to request the stablecoin go multichain. Top 3 coin movers today: XinFin, Joe, HexExploring the top coin movers in the crypto currency markets, including one coin that incorporates unique gamification elements. US Supreme court set to hear its first cryptocurrency case – Coinbase vs. BielskiThe case is expected to determine whether certain types of cases involving users of crypto platforms should be sent to arbitration. Sony Interactive Entertainment files for NFT patentThe gaming and console giant releases patent filing for an NFT framework for transferring digital assets between devices. Binance CEO highlights USDT growth amidst rival issuesUSDT's supply has grown by more than 10% in the last 30 days to $76.97 billion, according to CryptoSlate data. Celsius lawyers and advisors on track to gain over $140M in feesThe staggering legal fees in the Celsius case are difficult to comprehend for many fraud victims who just want justice. CryptoSlate Daily wMarket Update: XRP bucks cooling market trendThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Zilliqa mainnet EVM compatibility set to go live in AprilThe new EVM on Zilliqa will benefit users by providing a more user-friendly experience — while also allowing for wrapping and token swaps.
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