[vc_row][vc_column][vc_paragraph text=”The annual Bitcoin HODL index has surpassed 50% – for the first time of the asset’s history. Cases of using BTC as a safe heaven are becoming more frequent.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”BTC remains to be a safe heaven” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”BTC HODLing continues growing as more coin holders consider the asset as a safe heaven represented by the largest cryptocurrency with the highest market capitalization.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”As Benjamin Celermajer, index manager at crypto-analytic company Coin Metrics published on his Twitter on Monday, the one-year HODL factor for BTC is at record level exceeding 50%. This rate shows that over half of active BTC supply hasn’t move throughout the year.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The Bitcoin HODL index growth in all significant time frames demonstrates that token holders do not want to spend or sell their BTC.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”It rather looks like the wallets’ owners prefer keeping their stashes. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Actually, last year BeInCrypto reported several cases when Bitcoin whales transferred their assets to “HODL” wallets. As Binance reserach published in November 2019 showed, HODLing remains to be the best strategy for the asset storage.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”One-year HODL factor may continue growing if the recent tendency for massive token outflow from exchanges remain.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”As previously reported, such platforms as BitMEX and Bitfinex saw significant BTC balance lowering since the “Black Thursday”.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The tendency for storing is not likely limited to whales only because the number of BTC addresses with at least 0.01 BTC has also increased.”][/vc_column][/vc_row]
analytics
Prices for stocks, oil and cryptos in USA reflect panics around the coronavirus second wave
[vc_row][vc_column][vc_paragraph text="Stocks went through the worst day over the three months as market demonstrated public concerns about the possible second ...
Without rubric
Bitcoin Continues its Steady Mass Adoption
What was not said about Bitcoin when it first appeared and cost only $ 0.001. Some called the BTC a ...
China
People’s bank of China expanded its technology regulation to 6 cities
[vc_row][vc_column][vc_paragraph text="People’s bank of China expands its rules in the area of financial technologies to six cities promoting blockchain."][/vc_column][/vc_row][vc_row][vc_column][vc_heading title="The ...