Joseph Young

Joseph Young is a financial analyst based in South Korea. He has covered Bitcoin and the crypto market since 2013. He regularly contributes to the BTC Times, Forbes, and Cointelegraph.

Number of Articles 43

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Joseph Young's Work 43 Articles

These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July

Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin

News • Bitcoin • Aug 12, 2020

Industry Execs React to MicroStrategy’s "Big Deal" $250M Bitcoin Purchase

Industry executives are buoyant towards the unexpected purchase of nearly $250 million USD worth of Bitcoin by MicroStrategy. It became the first publicly listed company in the U.S. to purchase bitcoin. Bitcoin, unlike many other cryptocurrencies, has a fixed supply of 21 million. Its finite supply and resulting scarcity

News • Bitcoin • Aug 11, 2020

“Supply Gate" - Ethereum Supply Question Causes Heated Debate with Bitcoiners

August 7th saw the beginning of what was set to become a week-long debate between the Bitcoin and Ethereum communities about Ethereum’s total supply and monetary policy. What Happened? Popular Bitcoin personality Michael Goldstein and Bitcoin researcher Pierre Rochard started questioning whether it was possible to independently verify the

News • Altcoins • Aug 11, 2020