Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements. 23 Dec, 2020.
Gold protected tokens like GoldFinX appears to be the best investment source for institutional and retail investors since they can be easily traced back to find its custodial asset backing its worth.
Coin Metrics noted that the number of active Bitcoin addresses with at least 0.01 BTC did not just grow by more than 700,000 this year, it also showed a chart that the number of active addresses has topped 1.1 million.
The funds from Coinbase will serve as the needed boost in attracting more innovative developers into the industry.
Tyler Winklevoss has called the new coronavirus stimulus package “another $900 billion advertisement for Bitcoin.”
The deployment for the newly purchased Antimers will start in May 2021. Riot Blockchain said that this purchase will help it attain a 65% jump in Bitcoin mining hash rate to over 3.8 EH/s.
Both Bitcoin and Tesla stock have benefitted from each other’s individual volatility to date with 2020 marking a historic year for both assets.
MicroStrategy’s latest Bitcoin purchase appears to have received the applause of its investors as it is showcased in the current share price.
The latest halt comes as the six-month lock-up period for selling the recently purchased shares of the Grayscale Bitcoin fund comes to an end. Also, it comes as Grayscle’s total assets under management (AUM) crossed $15.7 billion.
BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well.
The Bitcoin price correction witnessed in the second half of 2019 may be seen in the coming weeks if there is a major slowdown in the inflows recorded by the Grayscale Bitcoin Trust.
Ledger has indicated that the leaked database will not compromise the customers’ funds or even their personal hardware wallet.
Endorsing the DOGE cryptocurrency, Elon Musk also changed his Twitter bio to “Former CEO of Dogecoin”. Although his Bitcoin bashing hasn’t had much effect on the BTC price.
The surge in the price of Bitcoin is now a topic of discussion on social media platforms.
Bitcoin has also become a sudden hedge for investors to shield their investments against legitimate inflation as a result of numerous government’s effort to support economies and increase in spending due to the pandemic.