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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Bitcoin spikes to 9-month high as central banks increase liquidity to mitigate banking crisis
Monday, March 20, 2023
BTC is now up more than 28% over the past week and the best performing cryptocurrency out of the top 10 by market cap.
Top 5 blockchain projects outperforming Bitcoin’s recent 30% gains
Saturday, March 18, 2023
Conflux (CFX) leads cryptocurrency market growth with 197% rise in the past week.
Coinbase eyeing offshore exchange to escape US regulatory pressure
Friday, March 17, 2023
Coinbase is subjected to higher standards of regulatory oversight than many of its rivals who are based offshore.
Crypto investment fraud in the US hits record $2.57B – up 183% YoY
Thursday, March 16, 2023
Crypto investment fraud losses made up roughly 25% of all money lost to online scams and fraud during 2022 and almost 90% of the $3.31 billion lost to online investment fraud.
Binance ditches BUSD’s Bitcoin free trading for TUSD
Thursday, March 16, 2023
Binance CEO Changpeng 'CZ' Zhao clarified that the zero fee trading option would stop on BUSD in about a week.
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