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Bitcoin Market Hits Neutral State: Bull And Bear Fight Brewing At The Same Time

New data from CryptoQuant has shown that the Bitcoin market might have hit a neutral position. There has been a recurring pattern of whale and retail selling taking place for the past months. The result of this is what the CEO of CryptoQuant, Ki-Young Ju interprets to be a sideways market movement. Multiple data reveals […] дальше »

2021-6-20 11:44


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Miami Mayor Reveals Plans to Attract Chinese Bitcoin Miners Looking for Crypto-Friendly Pastures

Bitcoin miners who have been evicted from China as a result of the new crackdown could soon be able to find a home in Miami, Florida. Francis Suarez, the city’s mayor, recently revealed that he is working to reduce electricity costs in order to draw in more crypto miners to the region. Attracting Bitcoin MinersRead More дальше »

2021-6-18 15:31


Bitcoin / Ethereum Analysis – Trading Data Reveals Stable to Positiive Future Short-Term Outlook

Analysis of trades on blockchain-based derivatives trading platform CloseCross reveals that general distribution of the predictions and the money committed to predictions for the price of Ethereum and Bitcoin show that almost all traders are eyeing ETH to either remain stable or increase in value. дальше »

2021-6-17 23:50


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Institutions Double Down on Bitcoin after El Salvador Made BTC Legal Tender

Institutional investors are ramping up their Bitcoin purchase, data from GlassNode—a crypto analytics platform, shows. Institutions Flock to Bitcoin Data, on June 11, reveals that there has been a sharp uptick in total transfer volumes of BTC from Over-the-counter (OTC) desks starting mid-week when El Salvador made Bitcoin legal tender. The surge in trading volumesRead More дальше »

2021-6-11 20:00


Bitcoin is the ‘Least Favorite’ Asset Among CIOs, Reveals Goldman Sachs Survey

As crypto traders and investors spend yet another week in the range, a Goldman Sachs survey reveals Bitcoin is the least favorite investment among chief investment officers. The Goldman strategists said, “We held two CIO round table sessions earlier this week, which were attended by 25 CIOs from various long-only and hedge funds. дальше »

2021-6-7 18:18


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Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin

On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative in regard to recent environmental concerns over proof-of-work (PoW). дальше »

2021-5-28 22:30


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Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon

Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably Goldman Sachs, which presented a thesis highlighting the network’s potential to overtake Bitcoin […] дальше »

2021-5-27 05:00


Goldman Sachs Believes Ethereum Beats Bitcoin, New Leaked Report Reveals

Goldman Sachs Group Inc, an American multinational financial services company, has weighed in on the controversy between Bitcoin and Ethereum, emphasizing its support for the latter. Excerpts from the bank’s leaked Global Macro Research paper, posted on Twitter by Santiago Santos, General Partner at ParaFi Capital, showed the bank tackling and analyzing the key arguments […] дальше »

2021-5-25 20:07


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Bitcoin Miners Unfazed by Bears, Stacking Up as BTC/USD Trend Below $60k

Recent data from Glass node reveals that Bitcoin miners have been stacking heavily in the last month. Bitcoin Miners are HODLing Bitcoin miners play a critical role in securing the network. By channeling what’s turning out to be expensive computing resources from scarce and costly mining gear, they are rewarded with 6.25 BTC–or over $180k,Read More дальше »

2021-4-29 21:00


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Analysis Reveals Why This Year’s Altcoin Season Will Be “Significantly Wilder” Than 2017’s

As Bitcoin stagnates, altcoins make their way into their traditional bullish cycle, making them one of the most promising assets in the market at this time. The bullish takes from analysts have outweighed the bearish ones by a large margin, and if the market continues to imitate historical patterns, then we might witness one of […] дальше »

2021-4-25 14:03


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Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF

On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention “to convert these products into an ETF. дальше »

2021-4-6 17:30


‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets

Decentralized Finance (DeFi) continues to attract not just degens and crypto enthusiasts, but as we have been seeing, government authorities are also getting interested. As we reported recently, the US Federal Reserve published a paper on DeFi, and now the Fed is interested in knowing more about the revolutionary and burgeoning sector that, according to […] The post ‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets first appeared on BitcoinExchangeGuide. дальше »

2021-3-27 18:34