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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">A 50 percent discount </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Sitting on the sidelines </a></li></ul>
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<a rel="nofollow" target="_blank" href="#">Bitcoin (BTC)</a> endured one of its biggest sell-offs last week, plunging by nearly 50 percent in one day. However, the hodlers who were burned by the market crash are now coming back, according to Glassnode data.
<a rel="nofollow" target="_blank" href="#">card</a>
A 50 percent discount
The firm, which analyses Bitcoin's on-chain data, spotted that its HODLer Net Position Change model, which helps determine when whales are selling or buying BTC, flashed green after the brutal price dump.
<blockquote class="twitter-tweet">
<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw">#Bitcoin</a> HODLer Net Position Change has been positive during the recent price dump.
This means long term investors have been accumulating discounted <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> and increasing their positions.
Live chart: <a rel="nofollow" target="_blank" href="https://t.co/3dQGl4yZix">https://t.co/3dQGl4yZix</a> <a rel="nofollow" target="_blank" href="https://t.co/yxiWo8w3en">pic.twitter.com/yxiWo8w3en</a>
— glassnode (@glassnode) <a rel="nofollow" target="_blank" href="https://twitter.com/glassnode/status/1239992027489714178?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote>
This means that long-term hodlers followed one of the main principles of contrarian investing -- buying more when there is blood in the streets.
Recently, <a rel="nofollow" target="_blank" href="#">CoinMetrics determined</a> that short-term holders who were selling at a loss were the main force behind that black Thursday.
<a rel="nofollow" target="_blank" href="#">card</a>
Sitting on the sidelines
As <a href="https://u.today/tethers-usdt-circulating-supply-skyrockets-as-volatility-comes-to-a-head">reported by U.Today</a>, fiat-pegged stablecoins thrived off Bitcoin's failure to serve as a safe haven during the coronavirus pandemic. The circulating supply of Tether (USDT) swelled to $5.3 bln.
However, according to Bitcoin Core developer Jimmy Song, all this money will eventually flood back into Bitcoin when investors decide that it's the right time to buy the dip.
<blockquote class="twitter-tweet">
There's a lot of new money flowing into stablecoins the past month or so ($1B+). Remember that these have to be fully backed, so it's essentially cash waiting to get into the crypto market. I suspect the vast majority of it is waiting for <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> to bottom.
— Jimmy Song (송재준) (@jimmysong) <a rel="nofollow" target="_blank" href="https://twitter.com/jimmysong/status/1240143680729735172?ref_src=twsrc%5Etfw">March 18, 2020</a></blockquote>
As of now, the market is in a wait-and-see mode, trying to <a href="https://u.today/peter-brandt-says-zero-could-be-bitcoins-btc-ultimate-bottom">catch the bottom</a> of this correction.
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Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
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Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">A 50 percent discount </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Sitting on the sidelines </a></li></ul>
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}
<a rel="nofollow" target="_blank" href="#">Bitcoin (BTC)</a> endured one of its biggest sell-offs last week, plunging by nearly 50 percent in one day. However, the hodlers who were burned by the market crash are now coming back, according to Glassnode data.
<a rel="nofollow" target="_blank" href="#">card</a>
A 50 percent discount
The firm, which analyses Bitcoin's on-chain data, spotted that its HODLer Net Position Change model, which helps determine when whales are selling or buying BTC, flashed green after the brutal price dump.
<blockquote class="twitter-tweet">
<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw">#Bitcoin</a> HODLer Net Position Change has been positive during the recent price dump.
This means long term investors have been accumulating discounted <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> and increasing their positions.
Live chart: <a rel="nofollow" target="_blank" href="https://t.co/3dQGl4yZix">https://t.co/3dQGl4yZix</a> <a rel="nofollow" target="_blank" href="https://t.co/yxiWo8w3en">pic.twitter.com/yxiWo8w3en</a>
— glassnode (@glassnode) <a rel="nofollow" target="_blank" href="https://twitter.com/glassnode/status/1239992027489714178?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote>
This means that long-term hodlers followed one of the main principles of contrarian investing -- buying more when there is blood in the streets.
Recently, <a rel="nofollow" target="_blank" href="#">CoinMetrics determined</a> that short-term holders who were selling at a loss were the main force behind that black Thursday.
<a rel="nofollow" target="_blank" href="#">card</a>
Sitting on the sidelines
As <a href="https://u.today/tethers-usdt-circulating-supply-skyrockets-as-volatility-comes-to-a-head">reported by U.Today</a>, fiat-pegged stablecoins thrived off Bitcoin's failure to serve as a safe haven during the coronavirus pandemic. The circulating supply of Tether (USDT) swelled to $5.3 bln.
However, according to Bitcoin Core developer Jimmy Song, all this money will eventually flood back into Bitcoin when investors decide that it's the right time to buy the dip.
<blockquote class="twitter-tweet">
There's a lot of new money flowing into stablecoins the past month or so ($1B+). Remember that these have to be fully backed, so it's essentially cash waiting to get into the crypto market. I suspect the vast majority of it is waiting for <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> to bottom.
— Jimmy Song (송재준) (@jimmysong) <a rel="nofollow" target="_blank" href="https://twitter.com/jimmysong/status/1240143680729735172?ref_src=twsrc%5Etfw">March 18, 2020</a></blockquote>
As of now, the market is in a wait-and-see mode, trying to <a href="https://u.today/peter-brandt-says-zero-could-be-bitcoins-btc-ultimate-bottom">catch the bottom</a> of this correction.
') (Line: 1036)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
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Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
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Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 895)
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Twig\Template->render(Array, Array) (Line: 40)
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twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
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Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
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Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
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Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">A 50 percent discount </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Sitting on the sidelines </a></li></ul>
Advertisement
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<a rel="nofollow" target="_blank" href="#">Bitcoin (BTC)</a> endured one of its biggest sell-offs last week, plunging by nearly 50 percent in one day. However, the hodlers who were burned by the market crash are now coming back, according to Glassnode data.
<a rel="nofollow" target="_blank" href="#">card</a>
A 50 percent discount
The firm, which analyses Bitcoin's on-chain data, spotted that its HODLer Net Position Change model, which helps determine when whales are selling or buying BTC, flashed green after the brutal price dump.
<blockquote class="twitter-tweet">
<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw">#Bitcoin</a> HODLer Net Position Change has been positive during the recent price dump.
This means long term investors have been accumulating discounted <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> and increasing their positions.
Live chart: <a rel="nofollow" target="_blank" href="https://t.co/3dQGl4yZix">https://t.co/3dQGl4yZix</a> <a rel="nofollow" target="_blank" href="https://t.co/yxiWo8w3en">pic.twitter.com/yxiWo8w3en</a>
— glassnode (@glassnode) <a rel="nofollow" target="_blank" href="https://twitter.com/glassnode/status/1239992027489714178?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote>
This means that long-term hodlers followed one of the main principles of contrarian investing -- buying more when there is blood in the streets.
Recently, <a rel="nofollow" target="_blank" href="#">CoinMetrics determined</a> that short-term holders who were selling at a loss were the main force behind that black Thursday.
<a rel="nofollow" target="_blank" href="#">card</a>
Sitting on the sidelines
As <a href="https://u.today/tethers-usdt-circulating-supply-skyrockets-as-volatility-comes-to-a-head">reported by U.Today</a>, fiat-pegged stablecoins thrived off Bitcoin's failure to serve as a safe haven during the coronavirus pandemic. The circulating supply of Tether (USDT) swelled to $5.3 bln.
However, according to Bitcoin Core developer Jimmy Song, all this money will eventually flood back into Bitcoin when investors decide that it's the right time to buy the dip.
<blockquote class="twitter-tweet">
There's a lot of new money flowing into stablecoins the past month or so ($1B+). Remember that these have to be fully backed, so it's essentially cash waiting to get into the crypto market. I suspect the vast majority of it is waiting for <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> to bottom.
— Jimmy Song (송재준) (@jimmysong) <a rel="nofollow" target="_blank" href="https://twitter.com/jimmysong/status/1240143680729735172?ref_src=twsrc%5Etfw">March 18, 2020</a></blockquote>
As of now, the market is in a wait-and-see mode, trying to <a href="https://u.today/peter-brandt-says-zero-could-be-bitcoins-btc-ultimate-bottom">catch the bottom</a> of this correction.
') (Line: 1036)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
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Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
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Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">A 50 percent discount </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Sitting on the sidelines </a></li></ul>
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<a rel="nofollow" target="_blank" href="#">Bitcoin (BTC)</a> endured one of its biggest sell-offs last week, plunging by nearly 50 percent in one day. However, the hodlers who were burned by the market crash are now coming back, according to Glassnode data.
<a rel="nofollow" target="_blank" href="#">card</a>
A 50 percent discount
The firm, which analyses Bitcoin's on-chain data, spotted that its HODLer Net Position Change model, which helps determine when whales are selling or buying BTC, flashed green after the brutal price dump.
<blockquote class="twitter-tweet">
<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw">#Bitcoin</a> HODLer Net Position Change has been positive during the recent price dump.
This means long term investors have been accumulating discounted <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> and increasing their positions.
Live chart: <a rel="nofollow" target="_blank" href="https://t.co/3dQGl4yZix">https://t.co/3dQGl4yZix</a> <a rel="nofollow" target="_blank" href="https://t.co/yxiWo8w3en">pic.twitter.com/yxiWo8w3en</a>
— glassnode (@glassnode) <a rel="nofollow" target="_blank" href="https://twitter.com/glassnode/status/1239992027489714178?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote>
This means that long-term hodlers followed one of the main principles of contrarian investing -- buying more when there is blood in the streets.
Recently, <a rel="nofollow" target="_blank" href="#">CoinMetrics determined</a> that short-term holders who were selling at a loss were the main force behind that black Thursday.
<a rel="nofollow" target="_blank" href="#">card</a>
Sitting on the sidelines
As <a href="https://u.today/tethers-usdt-circulating-supply-skyrockets-as-volatility-comes-to-a-head">reported by U.Today</a>, fiat-pegged stablecoins thrived off Bitcoin's failure to serve as a safe haven during the coronavirus pandemic. The circulating supply of Tether (USDT) swelled to $5.3 bln.
However, according to Bitcoin Core developer Jimmy Song, all this money will eventually flood back into Bitcoin when investors decide that it's the right time to buy the dip.
<blockquote class="twitter-tweet">
There's a lot of new money flowing into stablecoins the past month or so ($1B+). Remember that these have to be fully backed, so it's essentially cash waiting to get into the crypto market. I suspect the vast majority of it is waiting for <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> to bottom.
— Jimmy Song (송재준) (@jimmysong) <a rel="nofollow" target="_blank" href="https://twitter.com/jimmysong/status/1240143680729735172?ref_src=twsrc%5Etfw">March 18, 2020</a></blockquote>
As of now, the market is in a wait-and-see mode, trying to <a href="https://u.today/peter-brandt-says-zero-could-be-bitcoins-btc-ultimate-bottom">catch the bottom</a> of this correction.
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