Bitcoin tourists have been purged only holders remain-Glassnote
2022.07.10 20:01
Bitcoin tourists have been purged only holders remain-Glassnote – Budrigannews.com
Peter Schiffs bank closure strengthens Bitcoin case for financial freedom
Avid Bitcoin hater and gold peddler Peter Schiff saw his bank in Puerto Rico, Euro Pacific International Bank, shut down this week, with regulators pulling the plug on the grounds that the bank was not maintaining the net minimum capital requirements. Schiff noted that, as a result, accounts are frozen and customers may lose money. The crypto community on Twitter (NYSE:TWTR) was quick to swoop in, with pseudonymous user HodlMagoo noting the priceless irony: Do you understand why you need bitcoin now?
Bitcoin tourists have been purged, only hodlers remain: Glassnode
According to Glassnodes The Week On-Chain report published on Monday, supposed market tourists have been completely purged from the BTC market, leaving only seasoned hodlers or investors transacting with the asset. The report also stated that shrimps those holding less than 1 BTC, and whales those with 1,000 to 5,000 BTC were increasing meaningfully.
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