+Follow
Jerehops
No personal profile
4
Follow
0
Followers
0
Topic
0
Badge
Posts
Hot
Jerehops
2021-03-12
Yes
US Daylight Saving Time
Jerehops
2021-02-12
Let’s go
Who owns bitcoin? Roughly 80% are held by long-term investors: report
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3572967166565633","uuid":"3572967166565633","gmtCreate":1609873143038,"gmtModify":1613129419630,"name":"Jerehops","pinyin":"jerehops","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/5466f72f0a000f20efc3c866c7b140b3","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":4,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.03","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.97%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.99%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":4,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":1,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":328808900,"gmtCreate":1615509761400,"gmtModify":1704783822640,"author":{"id":"3572967166565633","authorId":"3572967166565633","name":"Jerehops","avatar":"https://static.tigerbbs.com/5466f72f0a000f20efc3c866c7b140b3","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572967166565633","authorIdStr":"3572967166565633"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328808900","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://ttm.financial/m/news/1199156489?lang=&edition=fundamental","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Daylight Saving Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Daylight Saving Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-11 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386919145,"gmtCreate":1613125460087,"gmtModify":1704878625471,"author":{"id":"3572967166565633","authorId":"3572967166565633","name":"Jerehops","avatar":"https://static.tigerbbs.com/5466f72f0a000f20efc3c866c7b140b3","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572967166565633","authorIdStr":"3572967166565633"},"themes":[],"htmlText":"Let’s go ","listText":"Let’s go ","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386919145","repostId":"2110046043","repostType":4,"repost":{"id":"2110046043","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1613008440,"share":"https://ttm.financial/m/news/2110046043?lang=&edition=fundamental","pubTime":"2021-02-11 09:54","market":"us","language":"en","title":"Who owns bitcoin? Roughly 80% are held by long-term investors: report","url":"https://stock-news.laohu8.com/highlight/detail?id=2110046043","media":"Dow Jones","summary":"MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report\nBy Mark DeCambre\nBi","content":"<p>MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report</p>\n<p>By Mark DeCambre</p>\n<p>Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.</p>\n<p>Copper made the case that the recent price ascent is a function of steadily rising demand for bitcoins and the growing scarcity of the asset that has a maximum supply of 21 million, which is projected to be hit by 2140. The researcher also said that the most of the interest in new bitcoins is coming from North America, and the U.S. in particular.</p>\n<p>Approximately, 18.625 million bitcoins have been created, or digitally mined in the parlance of cryptocurrency enthusiasts, according to CoinMarketCap.com, but a good chunk of that has been lost, wrote the folks at Copper.</p>\n<p>By their estimates, 56% of bitcoins are owned by investors, 18% are lost, 15% are held by so-called traders and the remainder has yet to be mined (see attached chart):</p>\n<p>Copper said that because the majority of investors are long-term owners, representing eight out of 10 holders of the cryptocurrency, rising appetite for the world's most popular digital asset can have an outsize effect on values.</p>\n<p>The researchers said that bitcoin's rise above $40,000 was already in play even before Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> made its surprise filing with regulators on Monday, declaring its investment of $1.5 billion in bitcoin , and its decision to eventually allow customers to purchase its products with bitcoin.</p>\n<p>\"Data shows that new investors pushed prices much higher in thelast six months of 2020, to acquire north of 2 [million] bitcoins,\" wrote Copper's researchers in the study.</p>\n<p>\"In order to be able to buy bitcoin in such deep quantities, the price ralliedwell above the $20,000 mark that helped persuade early investorsto sell their cryptocurrency above its previous all-time high,\" they said.</p>\n<p>The crypto market is reliant on a new supply of some 3.2 million bitcoins on exchanges and held by traders, according to the report.</p>\n<p>The study also found that investors who have been owners of at least 1,000 bitcoins for about three month increased their holdings in 2020 by 173%.</p>\n<p>That rising demand, combined with that constrained supply, helped to lift bitcoin values to a total market value of around $800 billion, and Copper said that the main driver of demand has been North American buyers taking supply from Asian miners.</p>\n<p>\"The price increase is a result of a demand and liquidity-crunch marriage thathappened early in 2020 when outflows from exchanges--that is,bitcoins being moved into self-custody--increased significantly,\" the company's research found.</p>\n<p>Copper also made an interesting finding, noting that nearly a third of bitcoin trading volume occurs during the period when the New York Stock Exchange is open and investors should be focused on trading in the Dow Jones Industrial Average and the S&P 500 index .</p>\n<p>That so much of trading in bitcoin occurs during stock-market hours, between 9:30 a.m. and 4 p.m. Eastern, may explain why S&P 500 moves are seen at times as correlated with bitcoin prices, Copper wrote.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Who owns bitcoin? Roughly 80% are held by long-term investors: report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWho owns bitcoin? Roughly 80% are held by long-term investors: report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-02-11 09:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report</p>\n<p>By Mark DeCambre</p>\n<p>Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.</p>\n<p>Copper made the case that the recent price ascent is a function of steadily rising demand for bitcoins and the growing scarcity of the asset that has a maximum supply of 21 million, which is projected to be hit by 2140. The researcher also said that the most of the interest in new bitcoins is coming from North America, and the U.S. in particular.</p>\n<p>Approximately, 18.625 million bitcoins have been created, or digitally mined in the parlance of cryptocurrency enthusiasts, according to CoinMarketCap.com, but a good chunk of that has been lost, wrote the folks at Copper.</p>\n<p>By their estimates, 56% of bitcoins are owned by investors, 18% are lost, 15% are held by so-called traders and the remainder has yet to be mined (see attached chart):</p>\n<p>Copper said that because the majority of investors are long-term owners, representing eight out of 10 holders of the cryptocurrency, rising appetite for the world's most popular digital asset can have an outsize effect on values.</p>\n<p>The researchers said that bitcoin's rise above $40,000 was already in play even before Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> made its surprise filing with regulators on Monday, declaring its investment of $1.5 billion in bitcoin , and its decision to eventually allow customers to purchase its products with bitcoin.</p>\n<p>\"Data shows that new investors pushed prices much higher in thelast six months of 2020, to acquire north of 2 [million] bitcoins,\" wrote Copper's researchers in the study.</p>\n<p>\"In order to be able to buy bitcoin in such deep quantities, the price ralliedwell above the $20,000 mark that helped persuade early investorsto sell their cryptocurrency above its previous all-time high,\" they said.</p>\n<p>The crypto market is reliant on a new supply of some 3.2 million bitcoins on exchanges and held by traders, according to the report.</p>\n<p>The study also found that investors who have been owners of at least 1,000 bitcoins for about three month increased their holdings in 2020 by 173%.</p>\n<p>That rising demand, combined with that constrained supply, helped to lift bitcoin values to a total market value of around $800 billion, and Copper said that the main driver of demand has been North American buyers taking supply from Asian miners.</p>\n<p>\"The price increase is a result of a demand and liquidity-crunch marriage thathappened early in 2020 when outflows from exchanges--that is,bitcoins being moved into self-custody--increased significantly,\" the company's research found.</p>\n<p>Copper also made an interesting finding, noting that nearly a third of bitcoin trading volume occurs during the period when the New York Stock Exchange is open and investors should be focused on trading in the Dow Jones Industrial Average and the S&P 500 index .</p>\n<p>That so much of trading in bitcoin occurs during stock-market hours, between 9:30 a.m. and 4 p.m. Eastern, may explain why S&P 500 moves are seen at times as correlated with bitcoin prices, Copper wrote.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110046043","content_text":"MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report\nBy Mark DeCambre\nBitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.\nCopper made the case that the recent price ascent is a function of steadily rising demand for bitcoins and the growing scarcity of the asset that has a maximum supply of 21 million, which is projected to be hit by 2140. The researcher also said that the most of the interest in new bitcoins is coming from North America, and the U.S. in particular.\nApproximately, 18.625 million bitcoins have been created, or digitally mined in the parlance of cryptocurrency enthusiasts, according to CoinMarketCap.com, but a good chunk of that has been lost, wrote the folks at Copper.\nBy their estimates, 56% of bitcoins are owned by investors, 18% are lost, 15% are held by so-called traders and the remainder has yet to be mined (see attached chart):\nCopper said that because the majority of investors are long-term owners, representing eight out of 10 holders of the cryptocurrency, rising appetite for the world's most popular digital asset can have an outsize effect on values.\nThe researchers said that bitcoin's rise above $40,000 was already in play even before Tesla Inc. $(TSLA)$ made its surprise filing with regulators on Monday, declaring its investment of $1.5 billion in bitcoin , and its decision to eventually allow customers to purchase its products with bitcoin.\n\"Data shows that new investors pushed prices much higher in thelast six months of 2020, to acquire north of 2 [million] bitcoins,\" wrote Copper's researchers in the study.\n\"In order to be able to buy bitcoin in such deep quantities, the price ralliedwell above the $20,000 mark that helped persuade early investorsto sell their cryptocurrency above its previous all-time high,\" they said.\nThe crypto market is reliant on a new supply of some 3.2 million bitcoins on exchanges and held by traders, according to the report.\nThe study also found that investors who have been owners of at least 1,000 bitcoins for about three month increased their holdings in 2020 by 173%.\nThat rising demand, combined with that constrained supply, helped to lift bitcoin values to a total market value of around $800 billion, and Copper said that the main driver of demand has been North American buyers taking supply from Asian miners.\n\"The price increase is a result of a demand and liquidity-crunch marriage thathappened early in 2020 when outflows from exchanges--that is,bitcoins being moved into self-custody--increased significantly,\" the company's research found.\nCopper also made an interesting finding, noting that nearly a third of bitcoin trading volume occurs during the period when the New York Stock Exchange is open and investors should be focused on trading in the Dow Jones Industrial Average and the S&P 500 index .\nThat so much of trading in bitcoin occurs during stock-market hours, between 9:30 a.m. and 4 p.m. Eastern, may explain why S&P 500 moves are seen at times as correlated with bitcoin prices, Copper wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":328808900,"gmtCreate":1615509761400,"gmtModify":1704783822640,"author":{"id":"3572967166565633","authorId":"3572967166565633","name":"Jerehops","avatar":"https://static.tigerbbs.com/5466f72f0a000f20efc3c866c7b140b3","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572967166565633","authorIdStr":"3572967166565633"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328808900","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://ttm.financial/m/news/1199156489?lang=&edition=fundamental","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Daylight Saving Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Daylight Saving Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-11 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386919145,"gmtCreate":1613125460087,"gmtModify":1704878625471,"author":{"id":"3572967166565633","authorId":"3572967166565633","name":"Jerehops","avatar":"https://static.tigerbbs.com/5466f72f0a000f20efc3c866c7b140b3","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572967166565633","authorIdStr":"3572967166565633"},"themes":[],"htmlText":"Let’s go ","listText":"Let’s go ","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386919145","repostId":"2110046043","repostType":4,"repost":{"id":"2110046043","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1613008440,"share":"https://ttm.financial/m/news/2110046043?lang=&edition=fundamental","pubTime":"2021-02-11 09:54","market":"us","language":"en","title":"Who owns bitcoin? Roughly 80% are held by long-term investors: report","url":"https://stock-news.laohu8.com/highlight/detail?id=2110046043","media":"Dow Jones","summary":"MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report\nBy Mark DeCambre\nBi","content":"<p>MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report</p>\n<p>By Mark DeCambre</p>\n<p>Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.</p>\n<p>Copper made the case that the recent price ascent is a function of steadily rising demand for bitcoins and the growing scarcity of the asset that has a maximum supply of 21 million, which is projected to be hit by 2140. The researcher also said that the most of the interest in new bitcoins is coming from North America, and the U.S. in particular.</p>\n<p>Approximately, 18.625 million bitcoins have been created, or digitally mined in the parlance of cryptocurrency enthusiasts, according to CoinMarketCap.com, but a good chunk of that has been lost, wrote the folks at Copper.</p>\n<p>By their estimates, 56% of bitcoins are owned by investors, 18% are lost, 15% are held by so-called traders and the remainder has yet to be mined (see attached chart):</p>\n<p>Copper said that because the majority of investors are long-term owners, representing eight out of 10 holders of the cryptocurrency, rising appetite for the world's most popular digital asset can have an outsize effect on values.</p>\n<p>The researchers said that bitcoin's rise above $40,000 was already in play even before Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> made its surprise filing with regulators on Monday, declaring its investment of $1.5 billion in bitcoin , and its decision to eventually allow customers to purchase its products with bitcoin.</p>\n<p>\"Data shows that new investors pushed prices much higher in thelast six months of 2020, to acquire north of 2 [million] bitcoins,\" wrote Copper's researchers in the study.</p>\n<p>\"In order to be able to buy bitcoin in such deep quantities, the price ralliedwell above the $20,000 mark that helped persuade early investorsto sell their cryptocurrency above its previous all-time high,\" they said.</p>\n<p>The crypto market is reliant on a new supply of some 3.2 million bitcoins on exchanges and held by traders, according to the report.</p>\n<p>The study also found that investors who have been owners of at least 1,000 bitcoins for about three month increased their holdings in 2020 by 173%.</p>\n<p>That rising demand, combined with that constrained supply, helped to lift bitcoin values to a total market value of around $800 billion, and Copper said that the main driver of demand has been North American buyers taking supply from Asian miners.</p>\n<p>\"The price increase is a result of a demand and liquidity-crunch marriage thathappened early in 2020 when outflows from exchanges--that is,bitcoins being moved into self-custody--increased significantly,\" the company's research found.</p>\n<p>Copper also made an interesting finding, noting that nearly a third of bitcoin trading volume occurs during the period when the New York Stock Exchange is open and investors should be focused on trading in the Dow Jones Industrial Average and the S&P 500 index .</p>\n<p>That so much of trading in bitcoin occurs during stock-market hours, between 9:30 a.m. and 4 p.m. Eastern, may explain why S&P 500 moves are seen at times as correlated with bitcoin prices, Copper wrote.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Who owns bitcoin? Roughly 80% are held by long-term investors: report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWho owns bitcoin? Roughly 80% are held by long-term investors: report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-02-11 09:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report</p>\n<p>By Mark DeCambre</p>\n<p>Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.</p>\n<p>Copper made the case that the recent price ascent is a function of steadily rising demand for bitcoins and the growing scarcity of the asset that has a maximum supply of 21 million, which is projected to be hit by 2140. The researcher also said that the most of the interest in new bitcoins is coming from North America, and the U.S. in particular.</p>\n<p>Approximately, 18.625 million bitcoins have been created, or digitally mined in the parlance of cryptocurrency enthusiasts, according to CoinMarketCap.com, but a good chunk of that has been lost, wrote the folks at Copper.</p>\n<p>By their estimates, 56% of bitcoins are owned by investors, 18% are lost, 15% are held by so-called traders and the remainder has yet to be mined (see attached chart):</p>\n<p>Copper said that because the majority of investors are long-term owners, representing eight out of 10 holders of the cryptocurrency, rising appetite for the world's most popular digital asset can have an outsize effect on values.</p>\n<p>The researchers said that bitcoin's rise above $40,000 was already in play even before Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> made its surprise filing with regulators on Monday, declaring its investment of $1.5 billion in bitcoin , and its decision to eventually allow customers to purchase its products with bitcoin.</p>\n<p>\"Data shows that new investors pushed prices much higher in thelast six months of 2020, to acquire north of 2 [million] bitcoins,\" wrote Copper's researchers in the study.</p>\n<p>\"In order to be able to buy bitcoin in such deep quantities, the price ralliedwell above the $20,000 mark that helped persuade early investorsto sell their cryptocurrency above its previous all-time high,\" they said.</p>\n<p>The crypto market is reliant on a new supply of some 3.2 million bitcoins on exchanges and held by traders, according to the report.</p>\n<p>The study also found that investors who have been owners of at least 1,000 bitcoins for about three month increased their holdings in 2020 by 173%.</p>\n<p>That rising demand, combined with that constrained supply, helped to lift bitcoin values to a total market value of around $800 billion, and Copper said that the main driver of demand has been North American buyers taking supply from Asian miners.</p>\n<p>\"The price increase is a result of a demand and liquidity-crunch marriage thathappened early in 2020 when outflows from exchanges--that is,bitcoins being moved into self-custody--increased significantly,\" the company's research found.</p>\n<p>Copper also made an interesting finding, noting that nearly a third of bitcoin trading volume occurs during the period when the New York Stock Exchange is open and investors should be focused on trading in the Dow Jones Industrial Average and the S&P 500 index .</p>\n<p>That so much of trading in bitcoin occurs during stock-market hours, between 9:30 a.m. and 4 p.m. Eastern, may explain why S&P 500 moves are seen at times as correlated with bitcoin prices, Copper wrote.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110046043","content_text":"MW UPDATE: Who owns bitcoin? Roughly 80% are held by long-term investors: report\nBy Mark DeCambre\nBitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.\nCopper made the case that the recent price ascent is a function of steadily rising demand for bitcoins and the growing scarcity of the asset that has a maximum supply of 21 million, which is projected to be hit by 2140. The researcher also said that the most of the interest in new bitcoins is coming from North America, and the U.S. in particular.\nApproximately, 18.625 million bitcoins have been created, or digitally mined in the parlance of cryptocurrency enthusiasts, according to CoinMarketCap.com, but a good chunk of that has been lost, wrote the folks at Copper.\nBy their estimates, 56% of bitcoins are owned by investors, 18% are lost, 15% are held by so-called traders and the remainder has yet to be mined (see attached chart):\nCopper said that because the majority of investors are long-term owners, representing eight out of 10 holders of the cryptocurrency, rising appetite for the world's most popular digital asset can have an outsize effect on values.\nThe researchers said that bitcoin's rise above $40,000 was already in play even before Tesla Inc. $(TSLA)$ made its surprise filing with regulators on Monday, declaring its investment of $1.5 billion in bitcoin , and its decision to eventually allow customers to purchase its products with bitcoin.\n\"Data shows that new investors pushed prices much higher in thelast six months of 2020, to acquire north of 2 [million] bitcoins,\" wrote Copper's researchers in the study.\n\"In order to be able to buy bitcoin in such deep quantities, the price ralliedwell above the $20,000 mark that helped persuade early investorsto sell their cryptocurrency above its previous all-time high,\" they said.\nThe crypto market is reliant on a new supply of some 3.2 million bitcoins on exchanges and held by traders, according to the report.\nThe study also found that investors who have been owners of at least 1,000 bitcoins for about three month increased their holdings in 2020 by 173%.\nThat rising demand, combined with that constrained supply, helped to lift bitcoin values to a total market value of around $800 billion, and Copper said that the main driver of demand has been North American buyers taking supply from Asian miners.\n\"The price increase is a result of a demand and liquidity-crunch marriage thathappened early in 2020 when outflows from exchanges--that is,bitcoins being moved into self-custody--increased significantly,\" the company's research found.\nCopper also made an interesting finding, noting that nearly a third of bitcoin trading volume occurs during the period when the New York Stock Exchange is open and investors should be focused on trading in the Dow Jones Industrial Average and the S&P 500 index .\nThat so much of trading in bitcoin occurs during stock-market hours, between 9:30 a.m. and 4 p.m. Eastern, may explain why S&P 500 moves are seen at times as correlated with bitcoin prices, Copper wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
