Altcoin News Official TheBitTimes.com

In a rare milestone, all Bitcoin (BTC) holders have reached profitability or at least broken even, as the asset maintains a price above $100,000. Specifically, Bitcoin’s ‘Holder Profit Share’ metric indicates that 97% of all holders are currently in profit, while 2% are at breakeven, leaving no investors in the red, according to latest data from crypto on-chain analytics platform IntoTheBlock , retrieved by Finbold on May 14. Bitcoin holders’ profit share data. Source: IntoTheBlock Adding further context, the ‘Holder Time Share’ data reveals that about 75% of Bitcoin holders have maintained their positions for over a year, 21% for 1 to 12 months, and just 4% for less than a month.  Bitcoin holders time share. Source: IntoTheBlock This long-term commitment has likely played a key role in the notable profit share, as early investors capture the most substantial price appreciation over time. Indeed, the almost 100% profi...

The governing body for the aragonOS DAO-creation tool will wind down, transferring its assets to token holders. The governing body for the aragonOS software will dissolve, distributing most of its assets to token holders in the process, according to a Nov. 2 blog post. The body, called the Aragon Association (AA), will distribute 86,343 Ether (ETH), approximately $155 million at the current price, from its treasury to token holders as it unwinds. We have an important update for all stakeholders of the @AragonProject. We passed a resolution to: - Deploy most of the treasury to allow all ANT holders to redeem their ANT for ETH - Dissolve the AA - Continue the mission in a product-focused structurehttps://t.co/S0GjRtzhZJ — Aragon Association (@AragonAssoc) November 2, 2023 The funds will be distributed through a smart contract on the Ethereum network. Each Aragon (ANT) token holder will receive 0.0025376 ETH ($4.57 at the current price) per ANT they send into the redemption cont...