Cryptocurrency Analysis and News Portal
Bitcoin price is rising today. BTC has gained almost 8% to set a daily high of $9,660 but the price is still not adequate for small BTC miners.Bitcoin (BTC) price awakened on May 14. The price is close to $9,700. Earlier, the price had surged to nearly $9,400 before it
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Almost 24,000 Bitcoin (BTC) have been withdrawn from exchanges since Bitcoin’s halving on May 11, according to Bitcoin Exchange Net-Flow data from on-chain market analysis platform Glassnode. The trend of Bitcoin flowing out of exchanges started in mid-April and has continued with only a short reprieve in the hours before
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In mid-April, news.Cryptox.trade reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11.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
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Bitcoin has continued to rally higher since our last market update, recently retaking $9,300 for the first time since the crash on the morning of May 10th.Bitcoin’s price action from May 8 to today charted by TradingView.com.This strong recovery comes after Bitcoin fell as low as $8,100 due to a
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Ushering in bitcoin's third "halving," by far the most highly awaited cryptocurrency event of the year, mining pool F2Pool rooted a mysterious message into the blockchain that will now reside there forever.Preceded by a fish emoji signifying the company's logo, the mining pool added the text to a headline from
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On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially. Despite
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Recent data from Skew shows that Bitcoin’s (BTC) implied volatility plummeted after yesterday’s halving occurred. Generally, volatility is at the heart of any professional trader as it measures daily average price oscillations and gives insight into market conditions. As previously reported by Cryptox, Bitcoin’s halving event tends to increase volatility due
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Bitcoin's price is starting to make gains after what turned out to be a rather dull halving event. With daily active bitcoin addresses at the highest level since 2018, interest in bitcoin could be heading even higher.The world’s first cryptocurrency is now trading above its 10-day and 50-day moving averages,
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YouTube blocked Cryptox’s live stream of the Bitcoin halving event. YouTube is known to do the same with other cryptocurrency-related content providers.YouTube yesterday canceled Cryptox’s Bitcoin halving live stream. This occurred as the cryptocurrency news outlet was already over six hours and forty-two minutes into the event. Sources say that
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Bitcoin’s (BTC) third block halving has finally taken place. The year’s most talked-about crypto event happened at 3:23 p.m. EST on Monday, May 11, as block number 630,000 was successfully mined.The Bitcoin block reward has now gone down from 12.5 BTC to 6.25 BTC, which will likely have many repercussions
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