Grayscale’s Win Breathes Life Into Litecoin, Post-Halving Rally On?
In a refreshing ruling on August 29, the United States District of Columbia Court of Appeals said the stringent Securities and Exchange
Read MoreIn a refreshing ruling on August 29, the United States District of Columbia Court of Appeals said the stringent Securities and Exchange
Read MoreBitcoin price has grown over 40% since the asset’s halving this past May. The market braced for the
Read MoreThe number of bitcoin whales is at its highest level since 2017, as the network adjusts its difficulty setting for the first time post-halving. Elsewhere, Canada is hiring a CBDC expert, Thailand is using a blockchain to issue bonds and Kraken is expanding into Australia. Here’s the story: You’re reading Blockchain Bites,
Read MoreFollowing the recent, third halving, Bitcoin (BTC) is now in its fourth block reward era. Leading up to the event, pundits launched into varied predictions that ranged from miner capitulation to hash rate plunges to price predictions of half a million dollars.Much of the analysis has focused around looking back
Read MoreHash ribbons, an indicator used to depict the health of Bitcoin miners powering the network, has just signaled capitulation for an unprecedented 4th time in this market cycle. And according to the tool, post-halving miner capitulation may have only just begun.Bitcoin Miners Are Capitulating Due To Post-Halving Production CostsAs a
Read MoreAt its core, the Bitcoin blockchain is a sprawling global machine – a human-created network of human-operated computers.And for bitcoin traders, it's bullish that key events on the blockchain network over the past couple weeks have gone smoothly, showing that the machine is working well. Or, at least, exactly as it was designed. You're
Read MoreOne week after the Bitcoin rewards halving, investors are speaking more positively about the coin than they have at any point over the last 2.5 years according to crypto data company The TIE.Chief Executive Officer (CEO) Joshua Frank spoke to Cryptox on May 18, saying the 30-day average daily sentiment
Read MoreAfter Bitcoin’s hashrate hit a high of 103 exahashes per second on May 11, one day prior to the halving event, the latter saw hash rates fall significantly to just 87 exahashes per second, a level not seen in recent times. But the situation has been improving since, along with
Read MoreWhile bitcoin is fast reversing its pre-halving price drop, some miners still look to be leaving the network.At time of writing, the top cryptocurrency by market value is changing hands at $9,730, representing a 20% gain on the low of $8,100 observed Sunday – the day before Bitcoin underwent its
Read MoreFollowing Bitcoin’s third block halving on May 11, users removed 23,540 Bitcoins (BTC) from online exchanges. This appears to indicate heightened levels of confidence in the asset.It also continues the recent trend of users moving their coins to wallets they control, and away from major centralized exchanges. In the two
Read More