After weeks of lackluster trading, Bitcoin is showing some renewed energy with a price rally of over $21,000. Investors have responded positively, and many of them are entering the market, leading the entire crypto market to benefit from this bullish wave. As of this writing, Bitcoin is trading at $21,168. This price surge has been …
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Centralized Exchanges (CEXs) hold far more Ethereum (ETH) than Bitcoin (BTC). That’s per a BitcoinCasinos.com data presentation. The site reports that 16% of ETH is still on CEXs compared to 11% of BTC. To put it into perspective, ETH holdings across exchanges stand at roughly 19.3M, while BTC’s is nearly 2.27M. The most likely reason …
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Bitcoin prices have remained bearish since the beginning of this year. According to BitcoinCasinos.com, the Realized capitalization drawdown measured at -19%, marking the second-largest drawdown in its history. This was only eclipsed by the pico-bottom of the 2011 bear market. At this stage of the crypto winter, Bitcoin’s on-chain indicators have registered extremely low values …
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OpenSea’s stranglehold on the global non-fungible token (NFT) market continued faltering in 2022. According to a recent BitcoinCasinos.com report, the marketplace’s dominance shrunk by 25% in the year. This decline saw its market share drop to 33% and marked a pivotal moment for the future of NFTs. The platform has been the go-to NFT marketplace …
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The number of addresses holding at least one Bitcoin (BTC) is on a growth trajectory and is quickly approaching the one million mark. According to a BitcoinCasinos.com report, addresses with a balance of at least 1BTC stand at 978,963, an all-time high. BTC addresses are an integral part of the Bitcoin ecosystem, and this growth …
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