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Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy

“This inherent scarcity, juxtaposed with a burgeoning demand, has the potential to drive prices upward,” the analysts said. “The unwavering faith in Bitcoin paints a bullish picture for the cryptocurrency’s future. Only time will tell how these dynamics will shape the market, but for now, the sentiment is one of steadfast optimism.”

Original Source: https://www.coindesk.com/markets/2023/08/08/rising-dormant-bitcoin-numbers-suggest-holding-is-a-preferred-investment-strategy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Musk’s Vine Revival Sparks Solana Hype – Could Solaxy ($SOLX) Be the Next Big Thing?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure What happens when you mix Elon Musk, Vine, and Solana? Apparently, meme coin madness. After Musk cheekily hinted on X at bringing [...]
XRP MVRV Ratio Dips Below The 200-Day MA – Trend Shift Underway?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy [...]
Bitcoin

Tether Boosts Bitcoin Reserves with $735M Purchase

Tether, the issuer of the USDT stablecoin, has expanded its Bitcoin holdings with a $735 million purchase made in the first quarter of 2025. This latest investment has positioned the company as the sixth-largest Bitcoin [...]
Moonacy Protocol Officially Incorporated in the USA

[PRESS RELEASE – Miami, US, March 31st, 2025] Moonacy Protocol has officially registered as a legal entity in Florida, United States, as part of its ongoing efforts to strengthen its regulatory framework and expand its [...]
Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy [...]

Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy

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