Almost 7% of Bitcoin's Circulating Supply Resides in Exchange Wallets, Demand for "Hard Assets" Is Increasing: Report
October 9, 2019
Nearly 7% of Bitcoin’s (BTC) total circulating supply resides in the wallets of eight major digital asset exchanges, according to The Token Analyst.
On October 8, the Token Analyst noted via Twitter that throughout Bitcoin’s…
French Government-owned Bpifrance Joins Lightning Network Developer ACINQ's $8 Million Investment Round
October 9, 2019
Veronique Jacq, managing director of the Digital Investment Unit at Bpifrance, says that the institution is “convinced that bitcoin is becoming more and more obvious.”
Jacq, who heads the partially state-owned French investment…
Analysts Expect "Big" Bitcoin Price Moves Soon; Will Bulls Step In?
October 9, 2019
While traders have made much ado about recent price action in the Bitcoin (BTC) market, volatility, in reality, has been extremely low; It’s been over two weeks since the cryptocurrency market has seen a bout of massive…
Bitcoin Price to Soon Recover Further: Bullish Fractal Still In Play
October 8, 2019
On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. The price action was so bad that by Monday morning, BTC reached…
Bitcoin Hash Rate Slows Uptrend as Fire Scorches Mining Farm
October 1, 2019
Ouch, Crypto Mine on Fire
While Bitcoin is a digital coin, it has a physical component: nodes and miners. A network of tens of thousands of mining machines constantly process transactions and place them into blocks, creating a…
JP Morgan on What Caused Bitcoin Price Crash to $8,000
September 29, 2019
Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year. A…
Bitcoin Price Collapse Triggered by Bakkt, Perpetuated by BitMEX: Analyst
September 28, 2019
Why is Crypto Down?
This week hasn’t been too nice to Bitcoin. Since the start of the week, the leading cryptocurrency has lost some 20%, failing to break up from a long-term price triangle.
This dramatic move — which came as…
Bakkt Is Good For Bitcoin And Ethereum Too – The Market Hasn't Priced That In Yet
August 18, 2019
Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum. The long-awaited physically settled futures…
