More People HODLing Bitcoin Hurts Case for Buying, Selling With It, Says Morg...
Addresses holding amounts of bitcoin worth more than $1 million are on the rise.
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Author and psychologist Jordan Peterson said that hyperinflation hurts those who are the pillars of society. The ability to save up is an essential tool for self-regulation and planning for the future, but when inflation becomes uncontrollable, those who put in their efforts to delay gratification get punished for their choice. On the other hand, Bitcoin (BTC) does the opposite, according to clinical psychologist Jordan Peterson. In the show called What is Money?, Peterson joined the Bitcoin entrepreneur Robert Breedlove to talk about money and discuss the effects of fiat inflation on....
Stock-to-flow creator PlanB suggests that now is the time to continue accumulating, with selling pressure fading fast. Institutions should start buying Bitcoin (BTC) again, leading analyst PlanB has said as one exchange sees a fresh $250-million withdrawal.In a tweet on Tuesday, PlanB argued that conditions were now right for buyers to continue accumulating BTC with confidence.PlanB: “Probably time” for Q2 buyingBTC/USD had seen a lack of momentum over the weekend, culminating in a dive to near $56,000. With resistance near all-time highs of $61,700 now at its lowest since the time that....
Roughly three-quarters of the 18.6 million BTC mined to date is not up for sale or even moving anywhere, Glassnode calculates. Bitcoin (BTC) investors are quickly storing most of the available coins away, and they are not for sale, new data at the start of 2021 reveals.Statistics from on-chain analytics resource Glassnode originally released on Dec. 29, 2020 confirm that almost 80% of the Bitcoin supply is illiquid.78% of BTC supply illiquidThe changes in the composition of the Bitcoin market have become well known. As new all-time highs above $35,000 emerge, so too has a narrative that....
Hit Trump where it hurts by buying his Tweets to help out charities, a new scheme to enable NFT purchasers to offset carbon emissions, and get yourself a piece of a Punk. A group of anon uni students has come up with a way to hit former President Donald Trump where it hurts: by using his Tweets against him to raise money for charities they believe he "despises."'Strategic Meme Group Incorporated' has set up the website Drumpfs.io to sell Trump's tweets, at least as recorded by the Trump Twitter Archive. However, there's no digital certificate of authenticity and the legal status of....
Telsa’s new Technoking, Elon Musk, said that he is selling a song about NFTs as a non-fungible token (NFT). Many people have expressed their interest in buying it on social media. Artist Beeple made him an offer for $69 million and bids for his tweet on Valuables are up to $1.121 million. Elon Musk Selling an NFT Elon Musk, the new Technoking of Tesla, announced via Twitter Monday that he is selling a song about NFTs as an NFT. At the time of writing, his tweet has garnered 42.7K comments and has been liked 176.2K times. His 2:20-minute-long video has been viewed more than 8.5....