Monday, December 23, 2024
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Blockchain Bites: River’s Rise, Canada’s CBDC and Bitcoin’s Whales Post-Halving

The 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,

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Bitcoin Hash Ribbons Indicate Post-Halving Miner Capitulation Has Begun

Hash 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

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First Mover: Bitcoin Difficulty Adjustment Feels Like Post-Halving Easing Party

At 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

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