Quick take: 61% of the Bitcoin circulating supply has not moved in 1 year. 44% has not moved in over 2 years, and 28% in over 3 years. The percentage of Bitcoin that has not moved...
In a boost to bitcoin and the wider crypto industry, the UK ‘s financial watchdog says ownership has spiked by a massive 1.1 million since a survey it carried out a year ago. The UK’s Financial...
A key metric for where the bitcoin price might be headed is flashing a huge buy signal. In fact the last time it reached its current levels it preceded the rally to the $20,000 all-time high....
In brief: Bitcoin is once again battling to keep its head above $9,000. Bitfinex Whale, @Joe007, has since reappeared on Twitter. @Joe007 had disabled his account when Bitcoin broke $10,000 in early May and looked set...
In summary: Veteran Bitcoin analyst, Willy Woo, has concluded that the economic effects of COVID19 halted BTC’s bull run prior to and after halving. Woo is however optimistic that we are close to another bullish run....
In brief: The Bitcoin halving in 2020 was predicted by most as being the catalyst that will send BTC to the Moon. The Coronavirus pandemic changed the global financial situation causing a stock and crypto market...
In brief: Pantera Capital has released their June 2020 Blockchain Letter. The letter highlights the possibility of alt-coins outperforming Bitcoin henceforth and into 2021. Alt-coins are known to perform well mid to late of a bull...
In brief: Bitcoin’s correlation with the S&P 500 is still very much intact as witnessed in yesterday’s dip. Ethereum is also highly correlated to BTC. Therefore, logic dictates that Ethereum is also highly correlated to the...
Has all the fun gone out of trading bitcoin? Maybe, but that could be a good thing, with one analyst predicting a $50,000 price for bitcoin as institutional investors begin to allocate. In recent days bitcoin,...
In summary: In the last 24 hours, Bitcoin has fallen from around $9,700 to a local bottom of $9,281. The team at Glassnode observed that June 23rd saw the largest flow of Bitcoin from miners to...
Bitcoin has failed on successive occassions to break through major resistance at $10,000, but is that about to change? As the lowered volatility of the past couple of weeks continues, both bears and bulls are contemplating...
In brief: Earlier today, BTC posted a local peak of $9,787. Bitcoin has been oscillating between $8,900 and $9,800 for over a week. BTC is still highly correlated to the S&P 500. Perhaps it is time...