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On-Chain Data: Bitcoin UTXOs Show Characteristics of a Bull Run
On-Chain Data: Bitcoin UTXOs Show Characteristics of a Bull Run
News  -  Bitcoin  -  Aug 15, 2020 by Joseph Young

According to on-chain data from the market analysis firm Glassnode, a key metric points toward the start of a bull market.  Researchers at Glassnode say 95% of Bitcoin’s unspent transaction outputs (UTXOs) are currently in profit, which is a characteristic seen in past bull runs. 95% of Bitcoin UTXOs

Why a Newly Launched Bitcoin Dominance Index Cuts Out ICOs and "Shitcoins"
Why a Newly Launched Bitcoin Dominance Index Cuts Out ICOs and "Shitcoins"
News  -  Bitcoin  -  Aug 15, 2020 by Shaurya Malwa

A new tool calculates Bitcoin's market share among other Proof-of-Work coins, excluding coins issued by a centralized entity. Jordan Tuwiner, the founder of Buy Bitcoin Worldwide, launched Bitcoin Dominance last month to focus on providing a more accurate estimation of Bitcoin’s leadership over other cryptocurrencies. His effort

Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?
Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?

$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory. David Kostin, the chief U.

News  -  Bitcoin  -  Aug 16, 2020
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Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?
Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?

$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory. David Kostin, the chief U.

News  -  Bitcoin  -  Aug 16, 2020
On-Chain Data: Bitcoin UTXOs Show Characteristics of a Bull Run
On-Chain Data: Bitcoin UTXOs Show Characteristics of a Bull Run

According to on-chain data from the market analysis firm Glassnode, a key metric points toward the start of a bull market.  Researchers at Glassnode say 95% of Bitcoin’s unspent transaction outputs (UTXOs) are currently in profit, which is a characteristic seen in past bull runs. 95% of Bitcoin UTXOs

News  -  Bitcoin  -  Aug 15, 2020
Why a Newly Launched Bitcoin Dominance Index Cuts Out ICOs and "Shitcoins"
Why a Newly Launched Bitcoin Dominance Index Cuts Out ICOs and "Shitcoins"

A new tool calculates Bitcoin's market share among other Proof-of-Work coins, excluding coins issued by a centralized entity. Jordan Tuwiner, the founder of Buy Bitcoin Worldwide, launched Bitcoin Dominance last month to focus on providing a more accurate estimation of Bitcoin’s leadership over other cryptocurrencies. His effort

News  -  Bitcoin  -  Aug 15, 2020
Research: Users Could Have Saved 58,000 Bitcoin via Batching and SegWit Adoption
Research: Users Could Have Saved 58,000 Bitcoin via Batching and SegWit Adoption

As Bitcoin garners adoption as both a means of payment and a store of value, users are growing increasingly keen on reducing the fees they have to pay to get their transactions confirmed.  Segregated Witness (SegWit) and transaction batching, two technologies that help reduce Bitcoin transaction fees, are starting to

News  -  Bitcoin  -  Aug 14, 2020
Fortnite Creator Epic Games Says Apple “Eliminates" Alternative Payment Options Like Bitcoin
Fortnite Creator Epic Games Says Apple “Eliminates" Alternative Payment Options Like Bitcoin

Epic Games, the creator of blockbuster shooter-survival game Fortnite, sued Apple after it removed the game from the Apple App Store. In a statement to The Verge, Apple said Epic Games violated the App Store guidelines by enabling an unapproved feature. The feature in question seems to be the new

News  -  Bitcoin  -  Aug 13, 2020
Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy
Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy

MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed

News  -  Bitcoin  -  Aug 13, 2020
These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July
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
HODLers Band Together, Donate Bitcoin After Beirut Explosion
HODLers Band Together, Donate Bitcoin After Beirut Explosion

On August 4th, word began to spread online of a massive explosion in Beirut. By Lebanese government estimates, a reported $10-15 billion USD worth of damage was incurred due to the blast. The Bitcoin community is banding together in the wake of the mysterious explosion, responding by donating satoshis to

News  -  Bitcoin  -  Aug 12, 2020
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