Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’

On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases, roughly 60% of them buy bitcoin first but only 24% remain exclusively loyal to the digital … Read more

Coinbase CEO Brian Armstrong Takes the JK Rowling “Event” to a new low

Crypto Twitter has had a very interesting week, although not necessarily for the best of reasons. JK Rowling showed some minor interest in Bitcoin, and the situation got out of hand pretty quickly. Whenever a celebrity tweets about Bitcoin, a social media storm ensues. The JK Rowling “Event” is a Missed Opportunity In the case … Read more

More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving

In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate … Read more