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Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?
21.3.2023
Bitcoin's Price Rally Driven by Americans' Safe Haven Bid: Matrixport
21.3.2023
The U.S. trading hours continue to be a major source of bullish pressure for bitcoin
Bitcoin’s Correlation to US Stocks Hits 20-month Lows - Here’s Why That’s Bullish for BTC
21.3.2023
Bitcoin’s correlation to US equity markets just fell to its lowest level in more than a year and a half. That’s according to crypto analytics firm CoinMetrics, who present a chart showing that Bitcoin’s 30-day pearson correlation between Bitcoin and the S&P 500 just fell under 0.20, its lowest...
Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees
19.3.2023
According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66...
First Mover Asia: Bitcoin’s Store of Value Narrative Is on Full Display; Crypto Prices Stay Green
14.3.2023
USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High
12.3.2023
Coinbase premium is usually taken to represent stronger buying pressure from stateside investors. But that's not the case this time
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
Price, Not Intrinsic Value, Is the True Measure of Bitcoin’s Success
9.3.2023
Many financial advisors cite lack of intrinsic value as a case against bitcoin. But demand and global adoption, evidenced by bitcoin's steadily increasing price, are what they should be paying attention to
Deadline Approaching: Mt Gox Trustee Sets Final Cut-off Date for Creditors to Claim Over $3 Billion in Recovered Bitcoin
9.3.2023
The Tokyo bankruptcy court trustee for the defunct Japanese bitcoin exchange Mt Gox, Nobuaki Kobayashi, has published a letter stating that creditors have until March 10, 2023 (Japan Time) to register their repayment claims. Kobayashi explains that the team is dealing with “a large number...
Bitcoin’s Correlation to US Stocks is Fading – Why That Could Be a Good Thing for the BTC Price
8.3.2023
The positive correlation between the Bitcoin price and US stock prices, which reached a record high in 2022, is fading. The Bitcoin bulls will be hoping that this decoupling bodes well for Bitcoin, given it might mean that the US stock market’s ongoing struggles might be becoming less of a headwind...
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit
6.3.2023
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate...
Rollkit opens the door for rollups using Bitcoin’s data
6.3.2023
Rollkit has taken to Twitter to announce that it now supports the sovereign rollup on Bitcoin. This marks the first-ever research integration of Bitcoin for sovereign rollups as a data availability layer. Following the integration, developers will have larger power to create rollups....
Does Bitcoin's Weekly Death Cross Pattern Call for Caution?
6.3.2023
The death cross formed on the weekly timeframe makes for a cautious view of the near-term outlook, one observer said, while another called it a non-event
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February
2.3.2023
The miner sold its mined bitcoin for the second time this year
Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark
2.3.2023
Crypto pioneer Xapo has quietly assembled interest bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial services in emerging market countrie
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn
1.3.2023
Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally...
Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions
28.2.2023
The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided...
Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead
22.2.2023
Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible...
Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K
21.2.2023
Bitcoin is struggle to establish a foothold above $25,000, a level that capped the August 2022 price bounce