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Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off


The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility. The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s the lowest 10-day reading in nearly...

Retail May Consume 50% of Bitcoin Supply After Next Halving – Report


Despite all the talk of financial institutions entering bitcoin (BTC), retail demand may in fact end up consuming more than half of all physical supply of bitcoin after the next halving, a new report by crypto derivatives exchange Zubr said. According to the report, which analyzed data from...

Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020


The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday...

Jarvis Labs’ Says Market Wrote off The Halving: Wakeup call Incoming


Disclaimer: The text below is a press release that was not written by Cryptonews.com. In the Market Outlook report by Jarvis Labs, the team details how exchange flows are creating a scenario similar to what we saw in 2016 after the last halving. With Tether adding $4.6 billion to their market...

83% of Bitcoin Addresses Currently Profitable, Says Glassnode


At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable...

Average Price of Bitcoin More Than Quadrupled Between Reward Halvings


Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010. One specific and lucrative method of investment is dollar-cost averaging. If an individual was to invest $10 a week into purchasing bitcoins since July...

BTC Transaction Fees Drop to Pre-Halving Level


After a peak in transaction fees on the Bitcoin (BTC) network was seen less than a month ago, the fee paid to miners for processing transactions is now back at levels seen in April, a time well before the third halving in May. On Sunday, June 14, the median BTC transaction fee was USD 0.205, or...

Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan


The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan. And with the Bitcoin halving in May putting an extra squeeze on the profit margins...

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