Category: HODL

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Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin

The mining firm said it expects its fleet of 133,000 miners to produce a hash rate of roughly 13.3 EH/s by 2023. United States-based crypto mining company Marathon Digital Holdings holds more than $460 million in Bitcoin (BTC), mainly from mining and purchases since last year. According to a Tuesday report, the mining firm said…
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Long-term Bitcoin bulls hodl strong despite five-month price high

Bitcoin wallets that haven’t seen outflows for more five months and are currently sitting on $754 billion worth of the asset. On-chain analytics provider glassnode reports that long-term Bitcoin holders are refusing to sell despite the BTC markets rallying to a five-month price high. In its Oct. 11 “Week on Chain” report, Glassnode noted that…
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How to make hodling worthwhile, explained

Hodling can be a nerve-wracking experience — and if crypto is left to languish in a cold wallet for several years, it can also end up being an unrewarding one. What legal safeguards should you look for? Working with a licensed crypto company offers clients legal rights and helps ensure that they don’t run into…
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CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto

Binance founder and CEO Changpeng Zhao is placing his bets on crypto. Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange Binance and one of the world’s top crypto billionaires, does not own much except crypto. “I’m one of those guys who value liquidity much more than owning something. I actually prefer not…
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MLB team will HODL Bitcoin received from suite sales, says president

“We’re believers in [Bitcoin] and hopefully it continues to go up and maybe we can find some big free agents with some of the proceeds.” Dave Kaval, president of Major League Baseball’s Oakland Athletics, says the ball club will be HODLing any Bitcoin that fans pay for luxury seats at the team ballpark in the…
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Bank of America report extols the virtues of HODLing

New research from the multinational investment bank confirms what many of us knew all along: Investors should never try to time the market. When it comes to investing in the financial markets, panic selling often leads to missed opportunities – and waiting for the dip could rob you of the most lucrative days to hold…
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Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’

Long-term holders are continuing to accumulate BTC while short-term speculators are selling. According to research by on-chain analytics provider, Glassnode, 95% of the Bitcoin changing hands last was last moved less than three months ago on the blockchain. Glassnode’s March 15 The Week On-Chain report found that just 5% of spent outputs are more than…
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HODLer claims to have used crypto profits for father’s cancer treatment

A Redditor reportedly recommended an acquaintance invest in ADA, XDC, GLM, NEXO and ETH back in 2019. Though investing in crypto has the potential to radically change someone’s financial situation, one HODLer is saying their actions may have actually saved someone’s life.  In a Reddit post under the r/Cryptocurrency subreddit on Tuesday, a United Kingdom-based…
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Youngest HODLer ever? Elon Musk buys DOGE for his 9-month-old son

“Toddler HODLer” may soon become a new meme in the crypto space. Elon Musk’s child with Canadian musician Claire Elise Boucher, or Grimes, may now be one of the youngest public crypto users on record. In a tweet today from the Tesla CEO, Musk said his 9-month-old son is now the proud — or maybe…
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Mark Cuban talks Bitcoin HODLers and blockchain stocks in recent AMA

“Stocks will be on the blockchain in the future,” predicted the billionaire. Jumping on the r/Wallstreetbets subreddit for an Ask Me Anything session recently, Dallas Mavericks owner Mark Cuban shared his thoughts on GameStop shorts, general investing, and various crypto-related topics. The billionaire said “the game is changing” when it comes to stocks, but encouraged…
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