Description: Gain industry insights, trends, and strategies for making the right business decisions.
Make The Right Move
Did you know that out of the total Bitcoins in the crypto world only 19% or approximately 3.5 million are actively traded? The remaining is being held by investors as part of their long-term investments, according to a crypto analytics firm Chainalysis. In fact, trading is now more uncomplicated than before due to the availability of quality trading apps. However, it is very important to choose the right trading app to get the most out of it. According to their reports, almost 18.6 million BTC has been mine
Interestingly, a further 20% of the current Bitcoin supply has not been transferred yet from their original addresses in more than 5 years; these are typically termed as “lost Bitcoin”. The remaining 3.5 million out of all the mined Bitcoins are set aside for trading across exchanges. It has been seen that most of the Bitcoins that are not traded are actually held by investors treating this crypto as “digital gold”. The digital gold however is backed by a trading market for people keen to buy or sell Bitcoi