Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,425,389,926,722.30
  • 24h Vol: $61,102,931,072.84
  • BTC Dominance: 56.53%

on-chain data

bitcoin-faces-‘mid-cycle-wipeout’-as-markets-plunge:-glassnode-report

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, glassnode, investor stress, market analysis, Market Downturn, Market Updates, on-chain data, realized losses, short-term holders / / / , , , , , , , ,

The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s […]

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us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-$5.6-billion

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

Leave a Comment / Binance, Bitcoin, BitFinex, Blockchain, BTC, BTC holdings, Coinbase, confiscated, Crypto, crypto assets, Crypto Hacked, crypto market, crypto wallet, Cryptocurrency, Decentralized, Digital Currency, Ethereum, Exchanges, FBI, forfeiture, Gov. Bitcoin, Government Bitcoin, Government Holdings, grayscale, James Zhong, Law Enforcement, microstrategy, Mt Gox, News, on-chain data, seized, Silk Road, silk road hacker, Stash of BTC, U.S. Government, Virtual Currency, Whales / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million

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