Bitcoin (BTC) has recorded yet another YTD high around $16,500 before dropping to the $16,000 mark on Friday. Although the cryptocurrency has fallen close to 3% in the past 24 hours, investors are still very optimistic about the coming days and weeks. The recent drop to the $16,000 mark is presumed to be beneficial for […]
The creator of the popular stock-to-flow model, PlanB, has affirmed that Bitcoin (BTC) is going according to plan like “clockwork, “ following its third halving event. PlanB, an anonymous developer, has lauded the S2FX model and believes that BTC will be trading between $100,000 and $288,000 by the end of 2021. The stock-to-flow model and […]
Bitcoin (BTC) went into a frenzy yesterday, following positive developments of a possible COVID-19 vaccine. However, the benchmark cryptocurrency’s volatility appears to have calmed down and was last spotted trading around the $15,300 area. Volatility in the altcoin market has also been stabilized over the past 24 hours. BTC showed immense strength throughout last week, […]
The cryptocurrency ATM market is expanding at an exponential rate never witnessed before. According to a study from Coin ATM Radar, a crypto metrics website, the deployment of new cryptocurrency ATMs has grown by about 80% in 2020 alone. This figure represents 3 times the growth rate recorded last year. So far in 2020, the […]
Jack Dorsey’s payments solution company, Square (NYSE: SQ), is currently making a killing in the Bitcoin (BTC) rally as a result of its affiliation with the cryptocurrency. This surge is evident in its stock performance and it has just released its Q3 investors’ letter. The company has registered a whopping $1.3 billion in revenue in […]
Witches, vampires, and ghouls. These Halloween beasties have nothing on every Bitcoiner’s worst nightmare: losing one’s digital gold in a fluke accident or misstep. We can practically hear you screaming at your screen right now. In honour of Halloween season, we’re exploring four spine-tingling tales of brutal Bitcoin losses. We also throw in a little […]
Bitcoin (BTC) continues on its bullish spree on Thursday as it prepares to take $15,500. Since the modest dip yesterday, more than $24 billion has flowed into the market with most of it going into BTC. The benchmark cryptocurrency’s market dominance has now exceeded 65%, indicating that there is no appeal for altcoins at the […]
A Bitcoin (BTC) wallet well-known by hackers and treasure hunters in the crypto space for its sheer size is now empty. About 69.369 BTC was moved from a legacy wallet to a new native SegWit format address. Up to this moment, the wallet remained a mystery. The owner of the wallet, who moved the funds, […]
The Bitcoin network has just undergone a significant difficulty reduction and its most important since the beginning of the ASIC era. The network saw a 16.05% decline today, a much more significant figure than the widely-expected 10%. Glassnode, a data analytics company, announced that this is the second-largest negative difficulty adjustment in history. Normally, the […]
