Finding the narrative at ethereum’s premier event.
Over the past few days, Bitcoin (BTC) has started to settle in a price range, the low-$8,000s. For now, the cryptocurrency seems directionless, stuck between resistances and supports above and below its current price. However, it is important to note that Bitcoin is moving very near to a key historical level — one that may […]
The Blockstack dapp Envelop just launched a Chrome and Firefox extension for file-sharing. Here’s why that matters.
In June, Bitcoin (BTC) had hit its stride once again, seeing +5% days on top of +5% days. At the time, many traders thought this sort of price action would continue. And could you blame them? After 2018’s brutal bear market collapse, traders were thirsty to see green in their portfolios, even craving said green […]
Bitcoin’s main forks – Bitcoin Cash ABC (BCH) and Bitcoin Cash SV (BSV) – have several elements of a medium of exchange asset, but they still don’t experience the same adoption level. Bitcoin Forks Are Rarely Used as Means of Exchange On Monday, July 29, crypto analysis firm Coinmetrics published a report that compares Bitcoin […]
Coinspeaker Leaked Document Shows India Will Ban All Cryptocurrency except Its Digital Rupee The global cryptosphere might take hit in the near future as according to a leaked bill circulating online, India plans to completely outlaw the use of cryptocurrency except its own Digital Rupee. Leaked Document Shows India Will Ban All Cryptocurrency except Its […]
South Korea has long been a key region for Bitcoin adoption. Now its government and banks are coming around, Googe Trends reveals an interesting pattern. Every day for the last week, South Koreans have been waking up with Bitcoin on their minds. Bitcoin Google Searches Show an Unmistakable Pattern Take a look at the Google […]
Bitcoin’s price has seen a dramatic resurgence of bullish support over 2019, which has allowed it to decouple away from a vast majority of traditional financial markets. But when we compare its performance to the Offshore RMB Futures market, however, we can see a striking resemblance between the two trends. Let’s take a look. What […]
With bitcoin price never experiencing a lower yearly low, is it correct to say the top-ranked crypto has ever been in a bear market? Has Always Been a Bull Market for Bitcoin It is common to come across mention of narratives like “the 2018 bitcoin bear market.” Why, because the BTC price fell by close […]
The total number of Bitcoin nodes has exceeded 100,000 and not 10,000 nodes, as popularly believed. The confusion over how many nodes are actually in the Bitcoin network is due to incorrect reporting by mainstream cryptocurrency data platforms, as well as a misunderstanding between listening nodes and full nodes. To begin unraveling the confusion between […]
Despite a slight dip, Bitcoin price is still expected to surpass $10,000 by the next block halving, according to Stock-to-Flow models. As originally posted by the Twitter user planB, Bitcoin remains on course to exceed $10,000 and perhaps even $100,000 according to trend-following macroeconomic models. The significance of stock-to-flow The graph above shows a correlation […]
Correlation isn’t causation, but it looks like gold’s fall is driving bitcoin prices up.
Woobull.com, a provider crypto asset market, and network data has added new charts to its Bitcoin price, momentum, volume, and volatility platform. Bitcoin Price Building ‘Momentum’ The news was originally announced in a tweet by Willy Woo, market analyst and founder of Woobull.com The “Bitcoin Momentum Chart” appears to lead the price of bitcoin (Similarly […]
On Tuesday, the crypto asset market began to move higher, shocking many investors across the board. As of the time of writing this, Bitcoin (BTC) is trading at $5,380, posting a 2.81% gain in the past 24 hours. Most altcoins, like Ethereum, are up even further, with Litecoin flouting a hefty 7.26% 24-hour rally. Even […]
Bitcoin price bulls are working to maintain the daily uptrend and volume falters over the holiday weekend. Meanwhile, the long-to-shorts ratio has reached a decisive moment. Is a Bitcoin breakout imminent? Bitcoin Price: Market Overview Over the weekend Bitcoin price 00 lost the hourly and 4-hour uptrend as it slipped below the 26ema and closed in […]
Over the last few months, crypto traders and analysts have been ranting and raving about an apparent alt season, that saw the price of many altcoins double in value. It wasn’t until Bitcoin’s recent rally that the alt season was stopped in its tracked. However, according to one experienced altcoin trader and author, altcoins are […]
Kraken the American cryptocurrency exchange has officially tossed Bitcoin SV out of its platform. Following the likes of Binance and Shapeshift, the San Francisco exchange announced the delisting of BSV on April 17. Kraken tweeted: “The people have spoken. Kraken is delisting BitcoinSV” As the Binance and Shapeshift decision collectively rocked the BSV market, Jesse […]
Bitcoin price is at a critical juncture. The price of the first ever cryptocurrency has rallied far enough away from the current bear market low of $3,150 to give bulls confidence that the worst is behind them, but is still shy of a break of $6,000 that would confirm the bear market is over. As […]
The interest in buying bitcoin appears to lag the cryptocurrency’s price rise. A closer look at trending searches through the past month reveals that the phrase “buy Bitcoin” tends to increase in interest only after the price of Bitcoin has actually increased. ‘Buy Bitcoin’ Term Follows BTC Price Data from Google Trends reveals that volumes […]
Bitcoin adoption among organizations remains low, according to the details contained in the recently published Stack Overflow annual developer survey, which includes findings that show a better performance for blockchain technology. Meanwhile, a Twitter poll by the International Monetary Fund (IMF) points towards greater bitcoin adoption within the next five years. Low Adoption in the […]
The number of merchants accepting Bitcoin is growing worldwide, but there’s a caveat. The majority of the Bitcoin users don’t want to spend the digital gold, at least not yet. 15K Merchants Accepting BTC worldwide At 14,518 as of April 2019, the number of merchants accepting BTC payments is on the rise, with a large […]
Bitcoin users are overpaying significantly on transaction fees, new analysis warned April 4 as the cryptocurrency’s bull run sparked a surge in activity. Fee Estimators ‘High’ Data published on social media by Bitcoin education and consultancy organization Bit Consultants shows an ongoing mismatch between required fees and those selected by users. The Bitcoin price had […]
Diar finds that signs of recovery follow dips in mining revenue to their lowest since August 2017. Bitcoin (BTC) mining revenues have begun climbing after falling to their lowest levels in 18 months, statistics from cryptocurrency industry newsletter Diar confirmed Mar. 4. Capping a troubling year for miners, February saw revenue drop to amounts not […]