Category: Signaling
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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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Warren Buffett buys oil stock Occidental, signaling Berkshire Hathaway’s bigger strategy
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The Oracle of Omaha has its sights set on the oil industry. Berkshire Hathaway, the holding company run by investment titan Warren Buffett, has increased its stake in Houston-based Occidental Petroleum, purchasing shares over the past nine trading days to bring its holdings to nearly 29% of the company, according…
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Rising fuel inventories hit crack spreads, likely signaling refining slowdown ahead
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Slavko Sereda/iStock via Getty Images Oil futures posted strong weekly gains that offset the big decline that followed OPEC’s June 2 announcement of its plan to begin bringing back about 2.2 million barrels per day of crude oil later this year. It’s been a week taught by Conflicting demand forecastsOPEC…