Bitcoin Long-Term Holders Complete Largest Market Sell-Off Since 2021, Is The Top Here? | TheSpuzz

Bitcoin Long-Term Holders Complete Largest Market Sell-Off Since 2021, Is The Top Here? | TheSpuzz

Source: Bitcoinist As the Bitcoin price continues its upward momentum, on-chain data reveals that Bitcoin long-term holders are beginning to sell off their assets. Historically, similar market behavior coincided with market tops in the 2021 bull cycle, raising the question of whether the pioneer cryptocurrency is finally approaching its market peak.   Bitcoin Long-Term Holders Sell,…

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Ripple CTO Details How RLUSD Might Trade At ,200 On Debut

Ripple CTO Details How RLUSD Might Trade At $1,200 On Debut

Source: Bitcoinist Ripple CTO David “JoelKatz” Schwartz has outlined how RLUSD—the upcoming stablecoin on the XRP Ledger—could initially trade at highly inflated prices, possibly even $1,200, despite its intended $1 peg. Speaking via X, he highlighted early supply bottlenecks, speculative fervor, and the fundamental market mechanics of stablecoins as factors likely to drive any short-lived…

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Solana Investors Double Down: New Long-Term Holders Signal Confidence In 2024 Rally Continuation

Solana Investors Double Down: New Long-Term Holders Signal Confidence In 2024 Rally Continuation

Source: Bitcoinist Solana’s investor base is demonstrating unwavering confidence as the network sees a shift in the profile of its long-term holders. According to on-chain data from Glassnode, many more Solana addresses are moving into the long-term holder base, which showcases strong conviction from investors who entered the market during the recent 2024 rally. Solana…

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