BTC Accumulation Strengthens as BTC Approaches Key Resistance at $99K

Bitcoin (BTC) has made significant gains in the month of May, rising by 3% since the beginning of the month following a 14% increase in April. This positive momentum can be attributed to various factors, including increased inflows into BTC exchange-traded funds (ETFs) and consistent accumulation by bitcoin treasuries.

Recent data from Glassnode shows that both short-term holders (STHs) and long-term holders (LTHs) have been increasing their supply holdings. LTHs, defined as investors who have held BTC for 155 days or more, have been accumulating since early March, adding over 250,000 BTC to their total supply, which now stands at over 14 million BTC. This accumulation by LTHs indicates a return of confidence in the market and a preference for holding rather than selling.

On the other hand, STHs, who have held BTC for less than 155 days, have also shown signs of renewed accumulation, adding over 25,000 BTC in the past week. This marks a reversal from the net distribution that began in February 2025, coinciding with a 30% drawdown in bitcoin’s price.

With BTC currently hovering around the $97,000 level, the broad-based accumulation by both LTHs and STHs is a positive signal for the market. However, Glassnode points out a major resistance level at $99,900, where LTHs may start to realize profits when they hold a +350% unrealized profit margin. This could lead to increased sell-side pressure as the market approaches this zone, requiring substantial buy-side demand to sustain upward momentum.

Overall, the data suggests that there is a restoration of confidence among investors across different cohorts, indicating a positive outlook for bitcoin in the near term. As the market continues to evolve, it will be interesting to see how these accumulation trends impact BTC’s price trajectory in the coming weeks and months. Bullish group, a leading blockchain and digital asset company, is majority owned by Block.one. Both companies have interests in a variety of blockchain and digital asset businesses and hold significant amounts of digital assets, including bitcoin. CoinDesk, an independent subsidiary of Bullish group, operates with journalistic integrity under the guidance of an editorial committee chaired by a former editor-in-chief of The Wall Street Journal.

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As you navigate through the vast expanse of the internet, you may come across a familiar feeling of confusion and disorientation when encountering a 404 error page. This page, often adorned with quirky designs or humorous messages, serves as a digital breadcrumb trail leading lost users back to the main website.

The 404 error page is a standard response code in web browsers, indicating that the server was unable to locate the requested page. This could be due to a mistyped URL, a deleted page, or a broken link. While it may seem frustrating at first, these error pages can actually be a creative and engaging way to retain users on a website.

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As you encounter the familiar sight of a 404 error page, take a moment to appreciate the effort and thought that went into its design. From quirky illustrations to clever wordplay, these error pages serve as a reminder that even in the digital realm, a little humor and creativity can go a long way in engaging users and enhancing the overall browsing experience. “5 Tips for Starting a Successful Small Business”

Starting a small business can be an exciting and rewarding venture, but it also comes with its own set of challenges. To help you navigate the process and increase your chances of success, here are five tips for starting a successful small business.

1. Do Your Research

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Providing exceptional customer service is key to building a loyal customer base and growing your small business. Make sure to listen to your customers’ feedback, address any issues promptly, and go above and beyond to exceed their expectations. Happy customers are more likely to refer your business to others and become repeat customers themselves.

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Proper financial management is essential for the long-term success of your small business. Keep track of your expenses, maintain accurate financial records, and create a budget to ensure that you’re operating within your means. Consider working with a financial advisor or accountant to help you make informed financial decisions and plan for the future growth of your business.

Starting a small business can be a challenging journey, but with the right mindset, preparation, and dedication, you can increase your chances of success. By following these tips, you’ll be on your way to building a successful small business that stands the test of time. The world of technology is constantly evolving, with new innovations and advancements being made every day. One of the most exciting areas of technology is artificial intelligence (AI), which is revolutionizing industries and changing the way we live and work.

AI is a branch of computer science that aims to create intelligent machines that can perform tasks that typically require human intelligence, such as visual perception, speech recognition, decision-making, and language translation. These machines are able to learn from data, adapt to new inputs, and perform tasks without being explicitly programmed to do so.

One of the most well-known applications of AI is in self-driving cars. Companies like Tesla, Google, and Uber are developing autonomous vehicles that are capable of navigating roads and avoiding obstacles without human intervention. These cars use AI algorithms to analyze their surroundings and make decisions in real-time, making driving safer and more efficient.

AI is also being used in healthcare to improve patient outcomes and streamline processes. Machine learning algorithms are being used to analyze medical images and identify patterns that can help diagnose diseases like cancer at an early stage. AI-powered chatbots are being used to provide patients with personalized health advice and support, reducing the burden on healthcare professionals.

In the field of finance, AI is being used to detect fraud, predict market trends, and automate trading. Banks and financial institutions are using AI algorithms to analyze vast amounts of data and make decisions in real-time, improving efficiency and reducing the risk of human error.

In the retail industry, AI is being used to personalize the shopping experience for customers. Companies like Amazon use AI algorithms to recommend products based on a customer’s browsing history and preferences, increasing sales and customer satisfaction.

Despite the many benefits of AI, there are also concerns about its impact on jobs and privacy. As machines become more intelligent and capable of performing tasks that were once done by humans, there is a fear that many jobs will be automated, leading to unemployment and economic inequality. There are also concerns about the ethical implications of AI, such as the potential for bias in algorithms and the invasion of privacy.

Overall, AI has the potential to revolutionize industries and improve our lives in many ways. As technology continues to advance, it is important for policymakers, businesses, and individuals to consider the ethical and social implications of AI and work together to ensure that it is used responsibly and ethically. The world of technology is constantly evolving, with new innovations being introduced almost every day. From artificial intelligence to virtual reality, there is no shortage of exciting developments in the tech industry. One of the most recent trends that has been gaining traction is the use of blockchain technology.

Blockchain technology is a decentralized, distributed ledger system that allows for secure and transparent transactions to take place without the need for a central authority. Originally created to support cryptocurrencies like Bitcoin, blockchain has since been adopted by a variety of industries for its ability to streamline processes and enhance security.

One of the key features of blockchain technology is its ability to create a tamper-proof record of transactions. Each transaction is recorded in a block, which is then linked to the previous block, creating a chain of blocks that cannot be altered or deleted. This makes blockchain an ideal solution for industries that require immutable records, such as finance, healthcare, and supply chain management.

In the finance industry, blockchain technology is being used to streamline cross-border payments, reduce fraud, and improve transparency. By using blockchain, financial institutions can securely transfer funds in real-time, without the need for intermediaries or delays. This not only saves time and money, but also reduces the risk of errors and fraud.

In healthcare, blockchain technology is revolutionizing the way patient data is stored and shared. By using blockchain, healthcare providers can securely store patient records, ensuring that sensitive information remains private and secure. Additionally, blockchain can be used to track the authenticity of pharmaceuticals, reducing the risk of counterfeit drugs entering the market.

In the supply chain industry, blockchain technology is being used to track the movement of goods from manufacturer to consumer. By using blockchain, companies can create a transparent and secure record of each step in the supply chain, reducing the risk of theft, fraud, and counterfeiting. This not only improves efficiency and accountability, but also helps to build trust with consumers.

Overall, blockchain technology has the potential to revolutionize a wide range of industries, from finance to healthcare to supply chain management. By providing secure and transparent transactions, blockchain is changing the way businesses operate and increasing trust among consumers. As the technology continues to evolve, we can expect to see even more innovative applications of blockchain in the future. The world of technology is constantly evolving, and one of the most exciting developments in recent years is the rise of artificial intelligence (AI). AI is a branch of computer science that aims to create machines that can perform tasks that typically require human intelligence, such as speech recognition, decision-making, and problem-solving.

One area where AI is making a big impact is in the field of healthcare. From diagnosing diseases to developing personalized treatment plans, AI is revolutionizing the way we approach healthcare and improving patient outcomes.

One of the key benefits of AI in healthcare is its ability to analyze vast amounts of data quickly and accurately. This can help healthcare providers make more informed decisions and diagnose conditions earlier. For example, AI algorithms can analyze medical imaging scans to detect early signs of diseases such as cancer or heart disease, allowing for earlier intervention and treatment.

AI is also being used to develop personalized treatment plans for patients. By analyzing a patient’s medical history, genetic information, and other factors, AI algorithms can recommend the most effective treatment options for that individual. This personalized approach to healthcare can lead to better outcomes and reduce the risk of adverse reactions to medication.

In addition to diagnosis and treatment, AI is also being used to improve the efficiency of healthcare systems. AI-powered chatbots can help patients schedule appointments, refill prescriptions, and get answers to common medical questions, freeing up healthcare providers to focus on more complex cases.

However, as with any new technology, there are also challenges and concerns associated with the use of AI in healthcare. One of the main concerns is the potential for bias in AI algorithms, which could lead to disparities in healthcare outcomes for different groups of patients. It is important for developers to ensure that AI algorithms are trained on diverse and representative data sets to minimize bias.

Another challenge is the need for robust data security and privacy measures to protect patient information. As AI algorithms rely on large amounts of sensitive data to operate effectively, healthcare providers must ensure that this data is stored and transmitted securely to prevent breaches and unauthorized access.

Overall, the potential benefits of AI in healthcare are vast, and the technology has the potential to revolutionize the way we approach healthcare and improve patient outcomes. By addressing concerns around bias and data security, healthcare providers can harness the power of AI to provide more personalized, efficient, and effective care to patients around the world.