“Gold is a much more mature asset, with a 5,000 year history as a store of value, so there’s not much room left for incremental network effects. BTC, on the other hand,Read More…
In a published note, Lynn Song, Chief Economist for Greater China at ING, wrote that today’s policy package is expected to weaken the yuan slightly, with the USD-CNY exchange rate rising inRead More…
Bitcoin miners just recorded their lowest revenue-generating month since September 2023 as the number of mined coins fell in August. Miners revenue reached $827.56 million last month, dropping over 10.5% from July’sRead More…
Bitcoin is soon to enter what one analyst is calling “batshit season,” which could see the price of BTC surge as high as $150,000 by the end of this year — thoughRead More…
Around three-quarters of all circulating Bitcoin hasn’t been moved for the past six months or more, according to onchain data. The findings come from Glassnode’s Hodl Wave chart, which uses blockchain dataRead More…
Bitcoin “permanent holder addresses” have accumulated nearly $23 billion of the asset over the past month, according to on-chain data. In a post on X on Aug. 7, CryptoQuant founder and CEORead More…
“For the U.S. to institute Bitcoin as a strategic reserve will similarly require further work including determining how much should be held as a reserve and the basis for that threshold, howRead More…
I’ve heard from Vivek 175 million people in some form, are involved with this world of crypto and Bitcoin and all of the others, 175 million. So when they heard that, theyRead More…
Bitcoin (BTC) price continues its post-halving retrace, which has seen the market transition into a regime of widespread net redistribution, causing the “euphoric phase” to cool off, according to a Glassnode reportRead More…
Analyst and founder of the Capriole Investments fund Charles Edwards said multiple on-chain metrics suggest that Bitcoin and other cryptocurrencies have “a lot further to run” in this bull market. In hisRead More…