Bitcoin’s [BTC] almost 5% recovery on 14 October might not be the icing on the cake needed for a bullish revival. According to BaroVirtual, a CryptoQuant analyst, such events occurring in a full-blown...
Tag: Bitcoins
The Size of Bitcoin’s Distributed Ledger Nears a Half Terabyte – Coinotizia
Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Today, however, the blockchain’s ledger is nearly half a terabyte, or rough...
The Size of Bitcoin’s Distributed Ledger Nears a Half Terabyte – Technology Bitcoin News
Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Today, however, the blockchain’s ledger is nearly half a terabyte, or rough...
Bitcoin’s Next Bull Run Will Start in 2023 According to Bitwise CEO
Hunter Horsley – CEO of the technology solutions provider Bitwise – believes bear markets are a great period when investors could increase their exposure to bitcoin. He estimated that the next bull ru...
Bitcoin’s Rollercoaster Towards $20K, Inflation Numbers, and Google’s Foray into Crypto: This Week’s Recap
The past week saw the total cryptocurrency market lost about $30 billion in the past seven days, where most of the action took place yesterday. This was somewhat expected, given the US Bureau of Labor...
Bitcoin’s Lightning Capacity Soars, U.S. Plays Big Role
One of the largest Bitcoin Lightning Network (LN) node operators, River Financial, recently posted a report on this second-layer payment solution. Previously conceived as an experiment used by savvy B...
Bitcoin’s Proof of Work is a ‘feature not a flaw’: CleanSpark CEO
Bitcoin (BTC/USD) is the largest proof-of-work network, using the energy intensive mining mechanism to process transactions and secure the blockchain. And Zach Bradford, the chief executive officer of...
Bitcoin’s supply distribution metric credits ongoing selling pressure to…
Bitcoin’s [BTC] ranging performance has demonstrated a healthy demand increase every time it approached $19,000. But this time demand has dropped despite retesting the same price. Let’s look at some o...
Analysts warn Bitcoin’s price could tank further as volatility cools down
For years, Bitcoin (BTC) has long been associated with high price volatility, a factor that has kept most investors away. However, the situation is changing, with Bitcoin appearing less volatile than ...
More Bitcoins to Exit Market; Whale Manipulation in Play?
Wahid Pessarlay Percentage of BTC held on exchanges drops to a four-year low of 8.7% in October as whales have been accumulating According to data from the crypto market analytics platform Santiment, ...
Bitcoin’s Hashrate Spikes to a New All Time High – Trustnodes
Demand for mining bitcoin has never been higher, with both the hashrate and network difficulty spiking to a new all time high. The hashrate has risen from around 230 to near 260 exahashes a second, on...
Bitcoin’s Calm Amid Soaring Bond Market Volatility Points to ‘HODLer’-Dominated Crypto Market
With prices stuck between $18,000 to $25,000 since early July, bitcoin’s annualized 90-day realized, or historical volatility has crashed from 80% to a 21-month low of 21%, according to data sou...
Bitcoin’s high leverage ratio reaches new highs as narrow range limits profitability
Bitcoin [BTC] just kicked off another week with its price restricted within a narrow range. What comes next and how soon will it come? These are some of the questions that many investors are curious a...
Tectum and Softnote: Bitcoin’s new scaling solution
SPONSORED POST* Developed on Tectum’s blockchain, Softnote emerges as a new solution to Bitcoin’s scaling problem, capable of increasing BTC transactions per second (or TPS) by making them instantaneo...
FOMC Meeting Could Help Bitcoin’s Price Sky Rocket; Here’s Why
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin (BTC) has been trading around $19,400, essentially unchanged over the previous 24 hours and down 5% over the past week. N...
Progress Toward Bitcoin’s Halving Is 60% Complete, Block Times Suggest Reduction Could Happen Next Year – Mining Bitcoin News
According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving...
Bitcoin’s Volatility Appears to Be Less Than Dow Jones
Bitcoin (BTC) has followed stock market activity in recent months, as both have been affected by the same macroeconomic issues, such as rising inflation and interest rates. Bitcoin’s volatility has de...
Bitcoin’s Real Value Is Far Below Current Spot Price, Here’s Why
Arman Shirinyan Change in U.S. monetary supply makes Bitcoin’s real value far below $20,000 Contents How does it affect real value of Bitcoin? Adjusting Bitcoin’s price to M1 supply USD is...
Bitcoin’s next bull run may have a USDC connection, here’s ‘how’
Bitcoin’s [BTC] next bull run could depend on how well USDC would flow into exchanges, according to the CryptoQuant CEO Ki Young Ju. The investor noted that the stablecoin played a crucial role in BTC...
Bitcoin’s hashrate posts impressive numbers, but when will BTC’s price do that
According to a tweet by Messari (crypto analytics platform), Bitcoin’s hashrate has grown significantly compared to Q2. Evidently, the growth in BTC’s hashrate would end up making the BTC network mor...
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher – Mining Bitcoin News
As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. ...
Multi-Million BNB Chain Hack and Bitcoin’s Battle for $20K: This Week’s Crypto Recap
In terms of overall market movements, not much was happening in the past seven days. The total capitalization remained somewhat flat, around $990 million, unable to recover above the coveted $1 trilli...
Bulls and bears set the stage for Bitcoin’s sideways choppy trading
After beginning the week on a positive note, Bitcoin (BTC) has again corrected below the crucial $20,000 level as bears continue to flex their muscles. With both bears and bulls tussling to take contr...
Bulls and bears set the stage for Bitcoin’s sideways and choppy trading
After beginning the week on a positive note, Bitcoin (BTC) has again corrected below the crucial $20,000 level as bears continue to flex their muscles. With both bears and bulls tussling to take contr...
Bitcoin’s Lightning Network Capacity Crosses 5,000 BTC Benchmark
Over the years, Bitcoin’s lightning network has been growing so well, and according to recent data, the capacity of the layer-2 payments solution has crossed the 5,000 BTC benchmark. In September 2021...
Bloomberg’s Mike McGlone Says Bitcoin’s Price Recovery Could Kick off This October
Mike McGlone, a commodity strategist at Bloomberg Intelligence, said in a Wednesday LinkedIn post that bitcoin may have already reached its lowest point and could start to increase in value this month...
Bitcoin’s market dominance hits a 4-year low under sustained volatility
Bitcoin (BTC) has for long retained its position as the most dominant cryptocurrency in terms of capital inflow powered by factors like being the flagship digital asset. However, its dominance continu...
Bitcoin’s hash rate grows 3x since China ban despite crypto winter
Despite the cryptocurrency sector still scrambling to surpass the $1 trillion market capitalization mark, the mining power of its largest asset – Bitcoin (BTC) – continues to grow and reach new highs ...
Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second – Mining Bitcoin News
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the ...
Bitcoin’s Hashrate Hits New High, What Now?
Despite the market downtrend and over 70% price drop since the last peak, Bitcoin’s hashrate has exploded. Data from crypto analysis firm Glassnode indicates that the largest cryptocurrency network ha...
Is Bitcoin’s bull run near?
There has been a real resurgence in Bitcoin mining in recent days. PlanB points this out on its Twitter profile even going so far as to claim that miners are signaling the beginning of a new bull run...
Bitcoin’s Hashrate Has Hit a New High. What Does That Mean for BTC?
Key Takeaways Bitcoin’s hashrate made a new all-time high of 242 exahashes per second this week. The network’s hashrate fell to 193 exahash per second in July. Price and hashrate have historically bee...