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What Miner Capitulation? Bitcoin Difficulty Rockets to New All-Time High
What Miner Capitulation? Bitcoin Difficulty Rockets to New All-Time High
News  •  Bitcoin  •  Aug 25, 2020 by Nick Chong

Earlier this year, fears were rife on Twitter of a Bitcoin "miner capitulation" in response to the March price crash and the block reward halving just months later. After the halving, certain analysts argued that the median miner was in the red as long as bitcoin traded below

Bitcoin "HODLing" Activity Rises to Levels Unseen In Three Years
Bitcoin "HODLing" Activity Rises to Levels Unseen In Three Years
News  •  Bitcoin  •  Aug 25, 2020 by Joseph Young

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

$2.8 Trillion Asset Manager Fidelity Looks to Double Down on Bitcoin With New Fund
$2.8 Trillion Asset Manager Fidelity Looks to Double Down on Bitcoin With New Fund

One of the world’s largest asset managers, Fidelity Investments, is doubling down on its involvement in Bitcoin as the cryptocurrency has continued to gain traction on Wall Street. Forbes reported on Wednesday that the company has filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a

News  •  Bitcoin  •  Aug 25, 2020
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$2.8 Trillion Asset Manager Fidelity Looks to Double Down on Bitcoin With New Fund
$2.8 Trillion Asset Manager Fidelity Looks to Double Down on Bitcoin With New Fund

One of the world’s largest asset managers, Fidelity Investments, is doubling down on its involvement in Bitcoin as the cryptocurrency has continued to gain traction on Wall Street. Forbes reported on Wednesday that the company has filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a

News  •  Bitcoin  •  Aug 25, 2020
What Miner Capitulation? Bitcoin Difficulty Rockets to New All-Time High
What Miner Capitulation? Bitcoin Difficulty Rockets to New All-Time High

Earlier this year, fears were rife on Twitter of a Bitcoin "miner capitulation" in response to the March price crash and the block reward halving just months later. After the halving, certain analysts argued that the median miner was in the red as long as bitcoin traded below

News  •  Bitcoin  •  Aug 25, 2020
Bitcoin "HODLing" Activity Rises to Levels Unseen In Three Years
Bitcoin "HODLing" Activity Rises to Levels Unseen In Three Years

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

News  •  Bitcoin  •  Aug 25, 2020
No, China Cannot Reverse Bitcoin Transactions—Here's Why
No, China Cannot Reverse Bitcoin Transactions—Here's Why

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,

News  •  Bitcoin  •  Aug 25, 2020
Bitcoin Trading Activity is Rising to the Point Even Bakkt Sees Resurgence
Bitcoin Trading Activity is Rising to the Point Even Bakkt Sees Resurgence

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

News  •  Bitcoin  •  Aug 25, 2020
Bitcoin Supply to See “Synchronized Audit" as Vitalik Buterin Agrees to Check Ethereum Supply
Bitcoin Supply to See “Synchronized Audit" as Vitalik Buterin Agrees to Check Ethereum Supply

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

News  •  Bitcoin  •  Aug 25, 2020
This Court Ruling Just Made “Not Your Keys, Not Your Bitcoin" Case Law
This Court Ruling Just Made “Not Your Keys, Not Your Bitcoin" Case Law

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

News  •  Bitcoin  •  Aug 24, 2020
How “Unnatural" Low-Interest Rate Strengthens Bitcoin's Long-Term Trend
How “Unnatural" Low-Interest Rate Strengthens Bitcoin's Long-Term Trend

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

News  •  Bitcoin  •  Aug 24, 2020
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