Quick take: The number of Bitcoin addresses holding 1k+ BTC has reached a new all-time high of 2,450 This is an increment of 140 Bitcoin addresses in 28 days or a 6% increment Accumulation of Bitcoin is ongoing and could hint of an expected price increment Bitcoin is still defending […]

Bitcoin is showing signs of replicating its trend from 2019 that crashed its prices by more than 50 percent. According to a fractal first spotted by TradingShot, an independent trade analytics firm, the flagship cryptocurrency’s downside correction move from its recently-established record high near $42,000 is very similar to its […]

This article provides an update (as of 08:30 UTC on 28 January 2021) on the latest thinking on Bitcoin by influential crypto analysts, investors, and traders, as other thought leaders. Bitcoin’s Price Action According to data by TradingView, on crypto exchange Bitstamp, Bitcoin traded in the range $29,250 (at 14:52 UTC) […]

Bitcoin has never lived up as a payment coin. The asset – which was initially designed to replace fiat currencies and be used to purchase goods and services – has become so volatile and so vulnerable to price swings, that the very idea of using it as a method of […]

The Bitcoin whitepaper is now live on websites controlled by the Estonian and Colombian governments. The move is in defiance to Craig Wright’s lawyers’ orders, mandating Bitcoin.org and Bitcoincore.org to delete the seminal paper from their websites, according to a Decrypt report on January 27, 2021.. No Room for Faketoshi’s […]

SkyBridge Capital’s Anthony Scaramucci has revealed he believes GameStop’s Reddit-fueled rally, is positive for bitcoin as it exemplifies financial decentralization, furthering proof of the concept behind Bitcoin. According to Bloomberg, Scaramucci argued that smartphones and low-cost trading are “democratizing” the formerly highly concentrated business of money management. He added: The […]

Bitcoin extended its pullback from its weekly high of $32,960 on Wednesday as the market’s focus shifted on the Federal Open Market Committee’s first meeting of 2021. The flagship cryptocurrency dropped to an intraday low of $30,818, down about 5.5 percent from its opening rate. The appetite for riskier safe-havens […]

This report provides an update (as of 08:30 UTC on 27 January 2021) on the latest thinking on Bitcoin by analysts, investors, and traders. Bitcoin’s Price Action According to data by TradingView, on crypto exchange Bitstamp, Bitcoin traded in the range $30,884 (at 14:45 UTC) – $32,919 (at 23:01 UTC) […]

Over $220 million worth of bitcoins have moved from blocks mined during the so-called Satoshi-era, in which the flagship cryptocurrency’s pseudonymous creator was still active in the community, over the last 10 months. The coins have all been moved from previously unspent block rewards from a miner that was active […]