Terra Classic spiked 17.63% in last 24-hour; reason might comfort you

Terra Classic [LUNC] HODLers woke up to a pleasant surprise on the morning of 27 June when the infamous hacker activist group known as 'Anonymous' announced that they are looking into Do Kwon’s crimThe post Terra Classic spiked 17.63% in last 24-hour; reason might comfort you appeared first on AMBCrypto.

Bitcoin [BTC]: Miners may be capitulating, but is that all there is to it

Bitcoin's [BTC] standing revolves around investors and HODLers, but it also depends on BTC miners.

Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Bitcoin hodler data hints BTC price 'really close' to bottom — analysts

Short-term hodlers may be done with the bulk of their panic selling, while the Mayer Multiple shows buying the dip has rarely been more profitable. Bitcoin (BTC) could have already seen a price bottom or be “really close” to one, analysts believe eyeing new data this week.In a Twitter thread on June 22, well-known indicator creator David Puell revealed what he argues “looks interesting” about current Bitcoin buying and selling."High likelihood" bottom is inWith many sources calling for BTC/USD to dip to $14,000 or lower, bullish takes on current price action are few and far between.For Puell, however, dynamics between long-term (LTHs) and short-term holders (STHs) hint that the situation is not necessarily as bearish as many fear.Highlighting the cost basis for each group, Puell showed that those who have been in the market longer paid less as a whole for their BTC than recent investors.

That’s not hodling! Over 50% of Bitcoin addresses still in profit

Hodlers have not needed to hodl hard enough, data covering historical bear markets shows. More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity of the current “bear market.”Data from on-chain analytics firm Glassnode confirms that as of June 20, 56.2% of addresses were still worth more in US dollar terms than when their coins entered them.Profitability fails to match previous market bottomsAs BTC/USD fell to 19-month lows of $17,600 over the weekend, analysts braced for what they assume will turn out to be a retracement of up to 84.5% from all-time highs.A sense of confusion reigns this year thanks to those highs not being “high enough” compared to historical bull market tops.

'Worst quarter ever' for stocks — 5 things to know in Bitcoin this week

Bitcoin manages a weekly close above $20,000, but the market is on a knife edge — can miners hold out this week? Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week of severe losses.What felt all but impossible just weeks ago is now reality as $20,000 — the all-time high from 2017-2020 — returns to give investors a grim sense of deja vu.Bitcoin dipped as low as $17,600 over the weekend, and tensions are running high ahead of the June 20 Wall Street open.While BTC price losses have statistically been here before — and even lower — concerns are mounting for network stability at current levels, with attention particularly focused on miners.Add to that the consensus that macro markets have likely not bottomed and it becomes understandable why sentiment around Bitcoin and crypto is at record low levels.Cointelegraph takes a look at some major areas of interest for hodlers when it comes to Bitcoin price action in the coming days.

Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Bitcoin Falls Below $18,000, Ethereum Under $900 as Selloff Intensifies

After BTC and ETH dropped below key support levels of $20,000 and $1,000 on Saturday morning, the selloff intensified as HODLers await the bottom.

These 3 metrics suggest the Bitcoin price crash is not over

$20,000 feels scary, but it may not be the end of the story for Bitcoin's latest bear cycle. Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding breaking support, is the worst really over?According to multiple on-chain indicators, it seems that max pain has yet to arrive this cycle.The stakes are high for many hodlers this week — almost 50% of the supply is being held at a loss and miners are upping their shipments of BTC to exchanges.Even some of Bitcoin's biggest investors, notably MicroStrategy, are having to defend their conviction on BTC as price action tumbles.With targets ranging as low as $11,000, Cointelegraph takes a look at how much further the market technically needs to drop to match historical bottom zones.Weak hodlers still to be flushed outDespite the drop to eighteen-month lows, Bitcoin price action has not yet shaken out all its speculators.

Bitcoin bounces 8% from lows amid warning BTC price bottom 'shouldn't be like that'

Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping. Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle's high.BTC/USD 1-hour candle chart (Bitstamp).

US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Bitcoin HODLers' confidence has these sermons for investors

Bitcoin the largest cryptocurrency has had quite a tough ride since its inception.

BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week

The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish. Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history.After battling for support throughout the weekend, BTC/USD ultimately found its footing to close out the week at $29,900 — $450 higher than last Sunday.The bullish momentum did not stop there, with the pair climbing through the night into June 6 to reach multi-day highs.The price action provides some long-awaited relief to bulls, but Bitcoin is far from out of the woods at the start of what promises to be an interesting trading week.

US Fed begins quantitative tightening, Japan restricts stablecoin issuance and LUNA 2.0 rides a price roller coaster: Hodler’s Digest, May 29-June 4

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Bitcoin long-term hodlers begin 'distribution' which preceded BTC price bottoms

The bearish BTC price targets keep mounting amid concerns over "distribution" of coins by long-term holders. Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders' demands for a new macro low persisted.BTC/USD 1-hour candle chart (Bitstamp).

Bitcoin [BTC] holders should know this before exiting their position

With Bitcoin [BTC] rising above the $30K level at the beginning of June, HODLers may see this as a time to rejoice.

POPEYE METAVERSE MADNESS NFT HODLers Lottery Program and Details

On May 18, 2022, MADworld released and sold out the 1st collection of the POPEYE METAVERSE MADNESS NFT in record-breaking time.

On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K

Despite being underwater on a portion of BTC positions, data shows long-term holders continuing to accumulate Bitcoin in its current range. Bear markets are typically marked by a capitulation event where discouraged investors finally abandon their positions and asset prices either consolidate as inflows to the sector taper off or a bottoming process begins. According to a recent report from Glassnode, Bitcoin hodlers are now “the only ones left” and they appear to be “doubling down as prices correct below $30K.”Evidence of the lack of new buyers can be found looking at the number of wallets with non-zero balances, which has plateaued over the past month, a process that was seen after the crypto market sell-off in May of 2021.

Ethereum [ETH]: How HODLers managed to remain unnerved by the crash

Ethereum seems to be running low on gas as it edges towards capitulation.