Bitcoin long-term holders lead profit spikes at $70K peaks in 2024.

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	Forwarded this email? Subscribe here for more Bitcoin long-term holders dominate profit realizations in 2024, leveraging price peaks Bitcoin long-term holders lead profit spikes at $70K peaks in 2024. Aug 2   READ IN APP   Happy Friday! The global crypto market cap is $2.24 trillion, with a 24-hour volume of $93.36 billion. The price of Bitcoin is $63,240.98, and BTC market dominance is 55.7%. The price of Ethereum is $3,032.21, and ETH market dominance is 16.3%. The best-performing sector is DuckSTARTER, which gained 8%. The Crypto Fear & Greed Index is currently Greed (57). LATEST SLATECAST 🎙️ From value investing to bitcoin: Bill Miller IV’s insights 📰 Top News Bitcoin’s correlation with gold strengthens amid recessionary signals Gold nears $2,500, dragging Bitcoin correlation positively upwards. 👀 Metric of The Day US unemployment spikes to 4.3%, triggering the Sham Rule indicator MicroStrategy faces scrutiny over cash flow and Bitcoin holdings ahead of Q2 earning Market analysts question whether MicroStrategy’s debt plans can sustain its Bitcoin ambitions. MicroStrategy stock surges over 4% despite Q2 net loss as Bitcoin holdings hit 226,500 MicroStrategy's Bitcoin stash totals 226,500 BTC, purchased for $8.3 billion at an average cost of $36,821 per Bitcoin as of July 31. Russian central bank governor says CBDCs will be part of everyday life by 2031 Nabiullina said the digital rouble's advantages, such as free transfers for individuals and lower transaction fees for businesses, will drive its adoption. Ad: UQUID Integrates USDT on TRON for Seamless Public Transport Payments in Argentina Leveraging TRON's stability and low fees, UQUID simplifies SUBE top-ups for millions of Argentine commuters. 📈 Latest Insights Grayscale BTC attracts $191 million inflow amid continued outflows in other Bitcoin ETFs MicroStrategy to raise $2B with ATM offering as shareholders accrue more Bitcoin per share Bitcoin long-term holders dominate profit realizations in 2024, leveraging price peaks U.S. unemployment rate spike drives Treasury yields down and Bitcoin holds steady Ad: Fideum Project Report Integration of traditional finance and the digital asset ecosystem 🗞️ More News Bitcoin fiat pair performance highlights economic and political challenges Coinbase’s $1.45 billion Q2 revenue exceeds estimates despite decline in transaction revenue Bitcoin-focused Xapo Bank maintains 3,000% liquidity ratio to secure customer assets Solana’s July DEX volume exceeds Ethereum amid wash trading concerns Galaxy Digital posts $177 Million net loss in Q2 amid market turbulence Latest Market Report Bitcoin vs Ethereum ETFs: A detailed comparison of IBIT and ETHA CryptoSlate's latest market report dives deep into the technical and practical differences between BlackRock's IBIT and ETHA to explain how these products operate. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe