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Bitcoin breaks through $78,000, Ethereum rises above $2,390: market panic subsides
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ETH-0,5%
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ARK Invest Records Bitcoin Accumulation Surging 69% Despite Price Drop
The latest report from ARK Invest shows a significant increase in Bitcoin accumulation by long-term investors.
The amount of BTC held by conviction buyers increased by about 69% in the first quarter, from 2.13 million to 3.60 million BTC.
This level has become the highest since 2020, even though Bitcoin's price temporarily dropped around 22% during the same period.
This condition indicates a shift in market behavior, where price declines are actually used for accumulation by highly confident investors.
Conviction buyers typ
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ARK1,99%
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GateUser-d84a7b23:
good
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The last 48 hours have been very indicative for DeFi.
We have seen what truly matters to individuals, organizations, and SPs @aave, DeFi, and users overall.
There are Twitter fingers, and there are trigger fingers.
Aave Labs, BGD, EtherFi, Lido, Arbitrum, and Golem have proven to be the latter.
Hats off to these organizations and individuals for taking action at the most critical moment.
DeFi will never forget.#WCTCTradingKingPK
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ARB0,73%
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Nafeeza:
That is very good, I hope you succeed.
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The exchange gate io truly energizes the crypto community from various groups, starting with numerous events that are always up to date day by day. Hopefully, it can become the best exchange in the crypto world today.
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Jekglory:
The exchange gate io truly energizes the crypto community from various groups, starting with numerous events that are always up to date day by day. Hopefully, it can become the best exchange in the crypto world today.
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BIND is a cryptocurrency token from Compendia, a platform focused on blockchain interoperability. This token operates on Compendia's blockchain network and is designed to support the decentralized application ecosystem.
Main functions of BIND:
1. *Governance* - Token holders can participate in voting on protocol change proposals.
2. *Staking* - Used to secure the network through the Delegated Proof of Stake (DPoS) mechanism.
3. *Fee* - Pays for transaction fees and services within the Compendia ecosystem.
Compendia itself was originally known as Binded, then rebranded. Its goal is to become a
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