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Showing posts with the label holders

Bitcoin and Solana holders considering this crypto project

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin (BTC) and Solana (SOL) have long reigned supreme in crypto , drawing in investors with their technology and market presence. Meanwhile, a new player, BorroeFinance (ROE), is being monitored by BTC and SOL bulls looking to diversify their portfolios.  Why Borroe Finance? Borroe Finance is an AI-driven decentralized finance (defi) platform addressing fundamental challenges in financial technology.  You might also like: Bitcoin inches closer to $45k, Litecoin and BorroeFinance may rally While Bitcoin has been the gold standard and Solana has impressed with its speed and efficiency, Borroe Finance is carving out its niche by integrating AI with blockchain.  This approach could explain why the project is being explored. Notably, for Bitcoin and Solana holders , Borroe Finance can offer diversification.  BorroeFinanc

Uniswap’s new trading fee neglects UNI holders

The world’s largest so-called decentralized exchange, Uniswap, has introduced a 0.15% fee on its most popular trading pairs — a move that will not benefit UNI tokenholders. Incredibly, Uniswap Labs founder Hayden Adams claims that this new fee is separate from Uniswap Protocol’s fee switch function, which UNI token holders govern. Aggravating UNI holders with this decision continues a long history of overlooking Uniswap’s curious coin offering. Indeed, the price of UNI has declined 91% since its all-time high. Worse, Uniswap functioned for two years without the need for any governance token. Coinciding with a generous allocation to Adams and a group of early insiders, Uniswap oddly bolted its UNI token onto its otherwise well-functioning ecosystem on September 16, 2020. With $3 billion in total value locked (TVL) and a #1 ranking on DEX volume leaderboards, Uniswap .org is by far the world’s most popular website to swap digital assets in a non-custodial manner. It has processed tr

Short-term Bitcoin holders reel as almost all sit in losses

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With almost all short-term Bitcoin holders now underwater, a “degree of panic is dominating this group,” Glassnode says. The Bitcoin (BTC) market sentiment has shifted towards the negative for the first time since the end of 2022. Almost 98% of short-term holders (STH) supply is now held at a loss, Glassnode revealed in a recent report. The market is now at the deepest level since FTX collapsed. The analysts add that the cost basis of those investors who are spending crypto at current levels fell below the cost basis of holders . Bitcoin investors confidence since 2019 | Source: Glassnode This behavior suggests a “degree of panic” among short-term investors, which might indicate the unwillingness of STH to buy or sell crypto in the near term. You might also like: JP Morgan lowers Bitcoin production costs after CBECI update Glassnode pointed out the market has seen a “modest influx of new investors.” And yet, the influx of new investors is relatively weak compared to pr