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A recent report from Glassnode indicates that Bitcoin (BTC) network health is close to its maximum despite the recent halving of miner rewards.On-chain BTC IndexThe company has recently introduced its on-chain BTC Index (GNI) that captures a number of key on-chain metrics and combines them into easily digestible charts and
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On Monday, the Bitcoin block reward halving finally came to pass.It was an exciting event celebrated by tens of thousands of cryptocurrency investors, with thousands packing into celebratory live streams, tens of thousands liking halving tweets, and hundreds of thousands hearing about Bitcoin via the news.The halving was so popular
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The Bitcoin price rallied enormously in the weeks leading to its third mining reward halving on May 12, 2020.Many analysts believe the cryptocurrency would undergo a deep price pullback after the event, citing historical patterns.But the fractal ignores one crucial factor that led the bitcoin price lower after the second
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The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that a “sell the news” type drop will occur after the event while others foresee bullish continuation.If BTC, the top listed
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The market for selling hash rate in exchange for Bitcoin (BTC) has undergone staggering growth in the epoch since the last halving. There is almost 100 times the level of competition today as there was four years ago, up 125 exahashes from 1.4 exahashes.After the last halving in 2016, 16nm
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The recent COVID-19 market crash has reduced the risk of a halving price dump and could have set up a Bitcoin bullrun, some cryptocurrency experts believe.Earlier today Chainalysis brought together a group of industry experts for an online panel to discuss the impact of COVID-19 on Bitcoin and what
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Last updated:February 19, 2020Bitcoin’s firm 2020 uptrend has led many analysts to question what types of fundamental and technical events could help bolster its mid-term price action and propel the cryptocurrency higher, and naturally its upcoming mining rewards halving is one such event that is widely looked upon as being
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