XRP Gains Ground Against Bitcoin as Active Address Count Remains High
XRP has seen some wild price action over the past few days and weeks, with investors sending the
Read MoreXRP has seen some wild price action over the past few days and weeks, with investors sending the
Read MoreQuick take:The month of November saw 19.6 million active Bitcoin addressesThis amount is Bitcoin’s third-highest in its historyA higher number of active Bitcoin addresses was only witnessed in December 2017 and January 2018Such a high number of active addresses points towards increased adoption of BitcoinHigh network activity on the Bitcoin
Read MoreThe demand for the Grayscale Bitcoin Trust (GBTC) continues to rise with its premium surpassing 30% on Dec. 3. This indicates that Bitcoin (BTC) is seeing increasing institutional demand as its price consolidates above $19,000.The Grayscale Bitcoin Trust is an institutional vehicle that is tradable in the United States through
Read MoreWhile some near-term pricing correction is likely to be expected, analysts who spoke to CryptoX said bitcoin’s latest rally will be more sustainable for the long term compared with 2017, the last time bitcoin’s price hit an all-time high.One difference from the last bull run? The current market has gained
Read MoreShareholders of publicly traded bitcoin mining companies enjoyed record monthly gains as the leading cryptocurrency reached a new all-time high Monday morning.Castle Rock, Colo.-based mining firm Riot Blockchain (RIOT) ended November with a 160% gain trading at $8.45 per share. Las Vegas-based Marathon Patent Group (MARA) also soared over 190%
Read MoreBitcoin’s price hit an all-time record high Monday as positive market factors converged. Meanwhile, ether options traders are paying heavy premiums on the asset’s potential to hit new records as well.Bitcoin (BTC) trading around $19,436 as of 21:00 UTC (4 p.m. ET). Gaining 6.6% over the previous 24 hours.Bitcoin’s 24-hour
Read MoreBitcoin surged Monday to a new all-time high price of $19,864, extending its year-to-date rise to an astounding 170% during a 2020 that has seen tumultuous swings in global markets. Here are five reasons why the oldest and largest cryptocurrency has pushed to new highs. Some institutional investors are taking on bitcoin
Read MoreWhy a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.On this historic day, NLW looks at bitcoin’s punch through its previous December 2017 all time high. Specifically, he looks at: Source
Read MoreBitcoin achieved a new milestone on Monday. The flagship cryptocurrency hit a fresh record high for the first time
Read MoreBlockchain Bites is back – we hope you enjoyed the holiday pause. Now for the news: Another major hedge fund may allocate to bitcoin. Kaspersky sees cybercrime on the rise for 2021. And anonymous developers have forked a seemingly dead project to launch DeFi’s latest stablecoin.And, perhaps most notably, bitcoin
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