Liveliness and Vaultedness are pivotal metrics in understanding the changes in the Bitcoin network. At their core, these metrics revolve around the concept of ‘coinblocks’. A recently introduced metric from Glassnode, coinblocks…
Category: Bitcoin
Pressure Mounts on SEC’s Gensler as US House Lawmakers Request ‘Immediate’ Approval of Spot Bitcoin ETF
Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve…
Could Bitcoin Be on the Verge of New ATH Rally? Analyst Identifies These Conditions
Bitcoin (BTC) enthusiasts have reason to be optimistic as the cryptocurrency appears to be aligning with the prerequisites that have historically heralded explosive rallies to new all-time highs. Renowned crypto analyst TechDev,…
Chase to block UK customers crypto-related transactions from October 16
Digital banking giant Chase U.K. said it will “decline” crypto-related payments made by its users starting October 16. In emails sent to customers and obtained by CryptoSlate, the bank stated that its…
MicroStrategy’s latest BTC purchase sets Bitcoin price in motion
Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total…
MicroStrategy Makes New Bitcoin Acquisition Worth $147.3M
The decision to purchase more Bitcoin demonstrates MicroStrategy’s belief in the long-term viability and value proposition of the leading cryptocurrency. MicroStrategy Inc (NASDAQ: MSTR) led by its Chairman, Michael Saylor has once…
Bitcoin Miners On The Defensive: Market Uncertainty Spurs Revenue Diversification
Bitcoin mining operators are exploring diversification strategies as they anticipate digital asset volatility ahead of next year’s halving, according to insights from industry analyst Anthony Power. The halving, which occurs approximately every…
Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox
Recently leaked documents reveal that tech giant Microsoft plans to integrate cryptocurrency wallets into its Xbox gaming console. The leaked internal documents posted on the gaming forum ResetEra show that the Xbox…
MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m
Key takeaways Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase. Chancer’s stage two presale has now surpassed the $2.2 million mark. The cryptocurrency market began the week in a…
Analyst Identifies ‘Enemy’ Faced By The Top Crypto
Bitcoin (BTC) analyst Willy Woo has sounded the alarm on a significant challenge that could hinder the future growth of the world’s leading cryptocurrency. In a recent revelation on the social media…