Bitcoin has been stuck in the same range for two weeks. When BTC remains stagnant for a long time, it tends to see significant volatility in the near-term. For 15 days, the Bitcoin price has been stuck in the same range, consolidating at the same support level at $6,700. Although BTC surged to as high […]
Continue Reading
In the run-up to the halving, the well-known prediction theory is facing its biggest ever test, with its end-of-year price target now at $30,000. The creator of the stock-to-flow (S2F) Bitcoin (BTC) price model says that the upcoming block reward halving will decide if it lives or dies. In a series of tweets on April […]
Continue Reading
Membership numbers for Telegram crypto groups have dropped significantly since 2018 — but interest on Twitter is up so far this year. Cryptocurrency-related tweet volume and membership figures for Telegram crypto groups have both taken a dive since 2018 — but there are promising signs that social media engagement is starting to turn around. Joshua […]
Continue Reading
Riot Blockchain is relocating a portion of its operations to a facility operated by Coinmint in New York despite it comprising the epicenter of the U.S. COVID-19 pandemic. Bitcoin (BTC) mining firm Riot Blockchain has entered into a deal to relocate a portion of its mining operations to a facility in New York operated by […]
Continue Reading
European researchers have published a paper detailing an attack that can be used to deanonymize channel balances on the Lightning Network. Researchers from the Norwegian University and the University of Luxembourg have published a research paper detailing an attack that can deanonymize transactions broadcast across Bitcoin’s Lightning Network. The Lightning Network emerged as a controversial […]
Continue Reading
Bitcoin critics often cite scaling issues, a lack of privacy, and centralized mining as reasons to not invest in Bitcoin, but what if these problems are actually advantages? Bitcoin is often described as gold 2.0; a superior system of storing and transferring value. It has seen a rapid increase in market capitalization since its introduction […]
Continue Reading
After notching a two week low at $6,468, Bitcoin bulls have returned to launch an attack on the $7,200 resistance. Less than 24-hours ago Bitcoin (BTC) price dropped to a two week low at $6,468, inciting calls for a revisit to the sub-$6K zone but the digital asset deftly shook off the bears by reversing […]
Continue Reading
Bitcoin may be highly volatile, but it offers less systemic risk than assets in legacy markets like stocks, says Scott Melker. Crypto trader Scott Melker says that while stocks and Bitcoin (BTC) have appeared to move in tandem since Black Thursday: “They are not correlated assets”. In a Twitter thread for his 84,000 followers, “The […]
Continue Reading
Major US banks have been knocked offline, unable to cope with the volume of stimulus checks. Some U.S. banks have been unable to handle the increased demand generated by the stimulus checks being distributed to 80 million Americans. On April 15 the online platforms for US Bank, PNC, and Fifth Third Banks went down, apparently […]
Continue Reading
Demand for USDC and PAX has grown but USDT still leads among stablecoins, fiat and cryptos when it comes to volume into Bitcoin. While Tether (USDT) is currently the most popular stablecoin by far when it comes to trading volume and market capitalization, the latest Exchange Review from CryptoCompare shows that other stablecoin projects such […]
Continue Reading