CRYPTOCURRENCY

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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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cryptocurrency

Bitcoin’s Significant Support Stands at $42.2K, Illiquid Supply Soars for 214 Days

Based on Bitcoin’s transaction history, notable support lies at the $42,260 as many addresses bought coins at this level.

by Brian Njuguna
Apr 07, 2022

cryptocurrency

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Veteran market and crypto trader Michael van de Poppe has noted that despite the current price correction, Bitcoin outflows from exchanges are still sizable.

by Brian Njuguna
Mar 01, 2021

cryptocurrency

78% of the Circulating Bitcoin Supply is Illiquid, a Clear Bullish Indicator as BTC is Being Hoarded

78% of the circulating Bitcoin supply is illiquid, and Glassnode noted that this is an indicator of bullish investor sentiment.

by Sarah Tran
Dec 30, 2020

CRYPTOCURRENCY

Bitcoin’s Significant Support Stands at $42.2K, Illiquid Supply Soars for 214 Days

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

78% of the Circulating Bitcoin Supply is Illiquid, a Clear Bullish Indicator as BTC is Being Hoarded

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