CryptoQuant analytics firm has published a tweet that says that the flagship digital currency Bitcoin is not in a bear market now, unlike what many people think. The Bitcoin MVRV ratio …
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Bitcoin (BTC) to crash below $30K; On-chain data suggests accumulation is brewing
Despite Bitcoin crashing below $30,000 for the first time in one month, on-chain metrics suggest whales may be steadily accumulating BTC. According to Glassnode’s July 19 “The Week On-Chain” report, the …
MoreRothschild investment boosts its GBTC and ETH holdings
Rothschild Investment Corporation has bought 103,059 more shares of Grayscale Bitcoin Trust, according to a recent filing with the U.S. Securities and Exchange Commission. This brings its total holdings to GBTC holdings to …
More50% of crypto experts expect Bitcoin (BTC) to overtake global finance by 2040
A section of cryptocurrency experts have shown optimism that Bitcoin will replace central bank-issued fiat currency by 2040 in a process called ‘hyperbitcoinisation.’ According to a survey by finance platform Finder.com, 50% of the …
MoreCrypto experts see Bitcoin (BTC) replacing fiat money in 20 years
Bitcoin’s (BTC) current price slump has failed to dampen some experts’ optimism regarding the world’s biggest cryptocurrency. In a new survey by personal finance comparison platform Finder.com, half of the respondents believe Bitcoin …
MoreBitcoin (BTC) mining difficulty drops for fourth time in a row
Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On July 18, the Bitcoin network …
MoreThe US government offers Bitcoin (BTC) rewards for info leaks
The United States government will pay a whistleblower up to $10 million in bitcoin for information on cyberattacks. “Commensurate with the seriousness with which we view these cyber threats, the …
MoreBlack Rock Petroleum will operate one million BTC miners in Canada
The agreement will see Black Rock Petroleum (BKRP) host and operate up to one million miners. These machines are being relocated from China, and exported to Canada. The miners will then be …
MoreBitcoin’s (BTC) hash rate originating from China falls below 50%
Bitcoin’s hash rate originating from China and its territories has dropped to less than 50% of the total global BTC network capacity. This milestone was identified by the team at Documenting …
MoreLex Moskovski: ‘Stock-to-flow market signals a great time to buy Bitcoin’
Bitcoin “A great buying opportunity,” says Lex Moskovski, investment director of Moskovski Capital. His tweet indicates the stock-to-flow model marking a historic moment in the twelve years of the digital coin’s …
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