Most short-term BTC holders stated that their investments are unprofitable, with only about 16% of their positions being profitable over the past month, the latest market analysis reveals. Glassnode analysts presented a report noting that almost all short-term Bitcoin holders record losses. According to on-chain analytics, only 16.3% of their BTC positions have been profitable…

Bitcoin is the largest cryptocurrency. According to TradingView, Bitcoin’s dominance as of mid-September 2023 is approximately 50%. Bitcoin’s cap at the time of writing exceeds $502 billion with a total crypto market capitalization of $1.04 trillion.  Bitcoin holds not only economic but also psychological significance. BTC has the highest level of decentralization and trust among…

A recent study shows that the total number of cryptocurrency users in the world amounts to 425 million people. Approximately 210 million of them own BTC, with about 40,500 being dollar millionaires and six making over $1 billion on investments in the first cryptocurrency. The report, released by London-based consulting firm Henley & Partners, showed…