China News Today Official TheBitTimes.com

A tale of two types of Bitcoin investor emerges, as BTC price action separates "sensitive" speculators from seasoned hodlers. Bitcoin (BTC) holdings owned by speculators are nearly 90% in the red after the “flash crash” to $26,000, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode reveals the true cost of last week’s BTC price dip to newcomers. Short-term holders "increasingly sensitive" to BTC price While only totalling around 10%, the drop on BTC/USD seen toward the end of last week upended market sentiment. As BTC price predictions focus on $25,000 and even lower, the dust is settling on a trading environment accustomed to months of sideways behavior. Arguably nowhere is this more visible than among short-term holders (STHs) — the more speculative end of the hodler spectrum. Glassnode defines an STH as an entity holding onto BTC for 155 days or less. Its counterpart is the long-term holder (LTH), mo...

The freedom to stick to what makes the most sense financially sprouted various classes of investors, each distinguished by their intent behind crypto investments. For the first time since the 7th century, the paper-money economy found its true competition in the internet era. With Bitcoin’s (BTC) debut in 2010, the fiat ecosystem was not only challenged with proving its worth in day-to-day transactions but also safekeeping the investment ecosystem it helped build. Over the years, the crypto ecosystem attracted people from all walks of life — serving their unique financial needs while filling the gaps left wide open by the fiat ecosystem. While most of the world watched from the sidelines, trying to decipher the true potential of cryptocurrencies, the first batch of Bitcoin millionaires swayed investors’ attention toward the budding ecosystem. The freedom to stick to what makes the most sense financially sprouted various classes of investors, each distinguished by their intent behind c...