Institutions continue to show interest in Bitcoin and digital assets amid the third Bitcoin halving, data shows. Having recently gone through the third halving, one of the most important events in the ecosystem, Bitcoin (BTC) continues to establish itself as a new asset class and a worthy contender to gold as a new store of […]
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Raoul Pal, CEO & Founder at Real Vision, applies the economic cycle theory to predict major disruption of the global financial system will drive Bitcoin to new highs. Raoul Pal, CEO & Founder at Real Vision, applies the economic cycle theory to predict a major disruption of the global financial system. He believes this will […]
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Bitcon’s implied volatility dropped sharply after the halving but what does this mean for BTC investors? Recent data from Skew shows that Bitcoin’s (BTC) implied volatility plummeted after yesterday’s halving occurred. Generally, volatility is at the heart of any professional trader as it measures daily average price oscillations and gives insight into market conditions. As […]
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Research Fellow Martin Chorzempa argued that China’s blockchain strategy is entirely focused on domestic objectives during Consensus. Martin Chorzempa, a research fellow at the Peterson Institute for International Economics, provided insight into the motivations and objectives underpinning the development of China’s state-backed Blockchain Service Network (BSN) while speaking at Consensus:Distributed on May 12. Chorzempa highlighted […]
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Bitcoin miners are not likely to see capitulation and especially a “mining death spiral” after the 2020 halving due to four major reasons. A popular narrative revolving around the Bitcoin (BTC) halving is that it may trigger the capitulation of miners. But, it is premature to suggest many miners will shut down in 2020 and […]
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Bitcoin halved successfully and even though BTC failed to rally investor sentiment remains bullish. The long awaited Bitcoin halving came and went, bringing with it whipsaw volatility which saw the price whipsaw 5% to 7% in each direction for the last three hours leading up to block 630,000. Earlier in the day, the top-ranked digital […]
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While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets […]
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Bitcoin price has risen to $9,887 but is strongly overbought, increasing the possibility of a post-halving sell-off. The Bitcoin (BTC) price has seen a strong recovery to $9,887 since mid-March, rising by more than $6,000 within a span of two months. The rapid upsurge was caused in anticipation of the block reward halving that is […]
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Post-halving scenario on Bitcoin’s long-term market trust and reputation seems quite positive according to crypto pundits. With Bitcoin’s (BTC) fourth halving just four days away, members of the global crypto community are eager to see how the event pans out monetarily for the flagship crypto asset. Historically speaking, the halving has almost always had a […]
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Crypto investors have long believed that institutional investors would lead to the next Bitcoin moon event but this is a false narrative built on nothing more than hope. For the past two years, crypto-media outlets and Bitcoin (BTC) advocates have placed heavy emphasis on the need for institutional investors to embrace the cryptocurrency sector. The […]
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