The fate of #Bitcoin’s price, mining profits, and the overall health of the crypto ecosystem are intertwined as the next halving event looms in Apr 2024. Will the halving drive up prices or squeeze out less efficient players? Keep watch with us.
Uncovering the latest in corporate Bitcoin investment! Our newest blog post explores how MicroStrategy’s recent Q4 earnings reveal falling revenues yet skyrocketing BTC reserves
Greetings, fellow Bitcoinners! It’s an exciting day in our beloved crypto space, as BlackRock and its peers take center stage in the quest for mainstream acceptance. As regulatory clarity emerges, institutional giants see new opportunities to bring Bitcoin closer to traditional finance while ensuring investor protection. Larry Fink, the CEO of BlackRock, has recently expressed his views on Bitcoin, positioning it as a commodity instead of a traditional currency. This perspective highlights the significance of appreciating Bitcoin from an investment viewpoint, which is a notion that finds agreement among numerous…
Bitcoin miners are selling reserves since ETF approvals led to $1 bil. in BTC moves to exchanges. Main drivers include preparations for the Bitcoin halving, covering operation costs, and securing profits. Increased institutional involvement supports a positive outlook for miners. Recently, Bitcoin miners have been selling their asset reserves or using them to upgrade their capacity due to increasing inflows to cryptocurrency exchanges. A report from Bitfinex Alpha Market indicates that Bitcoin ETF approvals by the US Securities and Exchange Commission (SEC) have had an impact on miners’ reserves. As…
Unpacking the recent news of Binance delisting Monero & its consequences. Is this a buying opportunity for $XMR holders or a red flag indicating the ‘slow demise’ of Binance?
Greetings fellow bitcoin enthusiasts! It seems like we might just be on the cusp of another exciting chapter in the world of bitcoin as the Binary Coin Days Destroyed (CDD) indicator breaks out of its accumulation zone. According to recent on-chain data, this development could potentially signal the return of a powerful rally for our beloved cryptoasset. For those unfamiliar with the concept, ‘coin days’ refer to the amount of time a single bitcoin remains untouched within the blockchain. Once moved, these so-called ‘coin days’ cease to exist; hence, the…
Grayscale Bitcoin Trust (GBTC), which began January 2021 with a holding of 619,000 $BTC, has seen a decrease to 478,000 BTC as of now. While Grayscale holdings dwindle, financial giants Blackrock and Fidelity have stepped into the scene, acquiring a staggering 134,357 BTC ($5.7 billion) for their respective Spot Bitcoin ETFs. This sudden increase raises questions about whether everyday crypto enthusiasts will even have access to Bitcoin if large institutions snap it all up! Let us take a closer look at the state of the ETF race using 3 revealing…
Unraveling the truth behind the Satoshi mystery: Read the analysis on the explosive revelations from Day 1 of the COPA vs. Craig Wright trial.
💡February tip: Historically, the US Dollar has shown seasonal strength 73% of the time from 2009-2023, averaging 0.7% gains.
Inflation down≠cheaper groceries. Why do grocery prices remain high despite falling inflation? It’s a question influencers & pubs keep asking.