A report indicates that despite concerns over mining after the halving, the health of the Bitcoin network remains excellent.
Powered by WPeMatico
Bitcoin Network Is at Peak Health Post-Halving, Report Shows
Category: Glassnode
Auto Added by WPeMatico
Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’
In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin. With the halving fast approaching, many cryptocurrency proponents believe the […]
The post Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’ appeared first on Bitcoin News.
Powered by WPeMatico
Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout
Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms have witnessed reserve increases. Also read: Spain’s Lawmakers Plan to Provide Basic Income to Low-Income […]
The post Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout appeared first on Bitcoin News.
Powered by WPeMatico
The Whales Who Accumulated Bitcoin in 2018 are Hodling
Longer-term holding is on the rise, with 42% of the Bitcoin supply having sat idle for more than two years
Powered by WPeMatico