News with the tag "Bitcoin report"

November 2024 will be remembered as one of the most significant months in Bitcoin's history. With its value surging from $67,000 to just shy of $100,000, Bitcoin achieved its largest dollar growth in a single month. This performance was bolstered by record-breaking ETF inflows of $6.562 billion, ins...

Discover key insights, expert analysis, and bullish Bitcoin price forecasts featured in the October 2024 edition of The Bitcoin Report.

Exclusive Analysis and Expert Insights for Navigating Bitcoin's Promising Q4 Market Dynamics

A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst Bitcoin’s Rally...

A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth. However, around 40% of bitcoin supply is concentrated among institutions like exchanges, miners, governments, public companies...

The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This downturn mirrors a wider slowdown in the NFT sector. Howev...