The narrative that China could gain control of the majority over the Bitcoin network’s hashrate has been around for a while. Although many large-scale mining centers are based in China, it is not as simple as taking over all of the miners in the country.
It is extremely complicated,
Bitcoin has been trading above $10,000 USD for around six weeks, demonstrating firm momentum and resilience. It has established the previous $10,500 USD peak achieved in February 2020 as a support level, maintaining an upward trend.
The current market structure is more favorable than previous price cycles because
On-chain data from the market analysis firm Glassnode shows the level of Bitcoin “HODLing” activity has spiked to levels unseen for more than three years.
The number of circulating bitcoin that has not moved for over two years reached 8 million, which suggests more users are holding bitcoin with a
On-chain data from the market analysis firm Glassnode shows the level of Bitcoin “HODLing” activity has spiked to levels unseen for more than three years.
The number of circulating bitcoin that has not moved for over two years reached 8 million, which suggests more users are holding bitcoin with a
The narrative that China could gain control of the majority over the Bitcoin network’s hashrate has been around for a while. Although many large-scale mining centers are based in China, it is not as simple as taking over all of the miners in the country.
It is extremely complicated,
Bitcoin has been trading above $10,000 USD for around six weeks, demonstrating firm momentum and resilience. It has established the previous $10,500 USD peak achieved in February 2020 as a support level, maintaining an upward trend.
The current market structure is more favorable than previous price cycles because
The mystery surrounding Ethereum’s total ether supply may soon be clarified, as the blockchain’s creator, Vitalik Buterin, recently agreed to help orchestrate a coordinated audit of the total ether supply.
Buterin agreed to the challenge during a recent appearance on the What Bitcoin Did podcast, in which he
The International Monetary Fund is a predatory lending institution that issues dollar-denominated debts to developing countries. Recent clientele include Argentina, Ecuador, and Greece, whose economies were leveraged to the brink of collapse. What if the IMF could do that, but with a blockchain?
In a recent video, the IMF provides
A recent decision by a California appellate court has made the cliché saying “not your keys, not your bitcoin" case law, shining a spotlight on the importance of Bitcoin investors maintaining custody over their own coins.
This decision came about as a result of a lawsuit against cryptocurrency exchange
Following the World Health Organization’s (WHO) declaration of a pandemic in March, central banks have continued to maintain near-zero interest rates. Analysts argue the rate cuts have not been “natural,” and over the long-term, some investors say it could positively affect Bitcoin.
In a column published by the Financial
The majority of traders on top Bitcoin futures exchanges appear to be leaning cautious on Bitcoin’s short-term price trend.
Long and short contract ratios across Bitcoin futures exchanges. Source: Bybt
Data released by cryptocurrency futures trading and information platform Bybt shows more than 50% of traders are shorting Bitcoin.
