$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.
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
Investment firm Grayscale’s assets under management surpassed $6 billion USD for the first time, the firm’s CEO Barry Silbert shared, showing a continuous increase in institutional demand for Bitcoin.
Grayscale operates various regulated publicly-traded investment vehicles that tailor to accredited and institutional investors.
The firm’s most widely-used
Investment firm Grayscale’s assets under management surpassed $6 billion USD for the first time, the firm’s CEO Barry Silbert shared, showing a continuous increase in institutional demand for Bitcoin.
Grayscale operates various regulated publicly-traded investment vehicles that tailor to accredited and institutional investors.
The firm’s most widely-used
$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.
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
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
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
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
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
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
