After the last halving on 9 July 2016, Bitcoin peaked by 2,875% towards the end of 2017 and since then, people have been speculating about its next peak, especially in light of its upcoming halving. The post After Bitcoin halving, Stock-to-Flow model will unwind elevated levels of clarity appeared first on AMBCrypto. The post appeared...Read More
This week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some of the industry’s well known movers and shakers. Cryptopia: Bitcoin, Blockchains and the Future of the Internet The three-time...Read More
The past couple of months have been nothing but a wild ride for Bitcoin. In the middle of March, when the coronavirus started to spread in the Western World, and markets reacted swiftly, BTC lost more than 40% and tumbled to $3,600. Now, less than two months later, the price is not only fully recovered...Read More
https://medium.com/media/0e9016a1eb61254843b184b0ef4e123b/href Bitcoin is often called “digital gold” because just like gold, Bitcoin is a valuable, scarce resource that’s resistant to inflation. But unlike gold, Bitcoin is digital — it can be sent globally almost as easily as sending an email — and its scarcity is known — while it’s estimated that one could fit all the gold ever mined into a...Read More
The majority of Bitcoin holdings are currently in a profitable position following the recent rally of the largest cryptocurrency by market capitalization, data from on-chain data provider Glassnode shows. The UTXO Realized Price Distribution (URPD) metric from the data firm puts the proportion of the moneymaking Bitcoin at 81%. What Is UTXO Realized Price Distribution...Read More
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8% on or around May 12, 2020, as...Read More
Only four days left until the Bitcoin halving event. This by itself could have been enough to fuel the primary cryptocurrency beyond the $10,000 mark. Maybe it happened faster than expected, Bitcoin just reached the 5-digit mark for the first time since February 24, 2020. As of writing these lines, BTC completes an incredible 35%...Read More
The popular American hedge fund manager, Paul Tudor Jones II, said that he is buying Bitcoin amid the growing trend amongst world central banks to print excessive amounts of money. He added that the hedge fund he founded in 1980, Tudor Investment Corporation (Tudor BVI), could start allocating portions of its assets in Bitcoin futures....Read More
On analyzing the top ten digital assets at press time, it was exhibited that only Bitcoin has incurred a positive rise of 2.63 percent in the past 24-hours. Nothing can be taken away from the king The post Bitcoin’s increasing active entities is monumental, but unlikely to strengthen rally appeared first on AMBCrypto. The post...Read More
Millions of US citizens received a stimulus check worth $1,200 in the last few weeks as government aid to fight the effects prompted by the COVID-19. Interestingly, if that amount was invested in Bitcoin when the first checks were initially received, it would have grown to $1,600 by now. $1,200 Becomes $1,600 In Weeks According...Read More
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. News.Bitcoin.com chatted with Berwick this week...Read More
Bitcoin, the world’s largest cryptocurrency, seems to be gaining steam as the much-anticipated block reward halving approaches. While many did expect Bitcoin to surge to new heights by this time, the The post Bitcoin’s weekly surge leaves EOS, BAT behind in its wake appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The price of bitcoin has been particularly unstable for the past days. It would seem as though market sentiments are yet to decide which side to back as the forthcoming halving sets swinging price emotions. After a short-term bull run on Monday which escorted the bulls towards the resistance at $9.5k area, bear markets took...Read More
Bitcoin has come a long way since it was first introduced to the world when its pseudonymous creator Satoshi Nakamoto published the whitepaper. In its first days of trading in 2010, BTC had a price of around $0.003. To those who have been in the market long enough, this price seems like that of many...Read More
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions...Read More
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions...Read More
A record-breaking number of 210 Bitcoin options contracts were traded yesterday on the Chicago Mercantile Exchange, which set up a new all-time high of nearly $10m. Of the total amount, 202 contracts were May calls (bullish), while 8 were May puts (bearish). CME Bitcoin Options Volume On The Rise CME launched options on Bitcoin in...Read More
The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on the economic situation and...Read More
Bitcoin’s price has been recovering steadily since the crash in mid-March. With it, most of the altcoins are also growing, charting notable increases altogether. However, BTC is also taking over the market as its dominance has been going up continuously. Bitcoin Dominance Highest Since January 2020 Bitcoin’s dominance is the index that measures the cryptocurrency’s...Read More
After lagging behind Ethereum for most of April, Bitcoin turned up the heat in the last week of April after the world’s largest digital asset ended up as the best performing crypto-asset in the indust The post Bitcoin fees note 170% hike as market health turns green on multiple fronts appeared first on AMBCrypto. The...Read More
Iran may prove to become a very interesting region for all cryptocurrency activities. The government has begun issuing licenses to crypto mining firms, and the overall interest in this business model is picking up. The licensing model in Iran is worthwhile to keep an eye on. Crypto Mining is Booming in Iran Every cryptocurrency mining...Read More
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.”...Read More
Some of the most popular cryptocurrency-related channels on YouTube indicated that the giant video platform is shadowbanning Bitcoin videos. Several YouTubers complained that the new practice began two days ago, which coincides with a recent core update from Google. YouTube Reportedly Shadowbanning Bitcoin Videos The most widely used video-sharing platform has a continuous quarrel with...Read More
Dan Morehead, The CEO of Pantera Capital is back again with one more Bitcoin Price Statement, this time he puts down High figures and says the bitcoin price will propel over $500,000 in August 2021 as the 12th may halving effect. What is Pantera Capital? A San Francisco Based Investment firm involved Blockchain, Cryptocurrency Ventures....Read More
In the cryptocurrency world, trading different assets back and forth will often help one make a lot of money. Doing so is not straightforward, although there are many tools that can help one achieve this goal. Finding the Right Trading Bot Under normal circumstances, one would trade cryptocurrencies manually. That means manually setting up buying...Read More
Days before the third-ever Bitcoin halving, the interest towards the primary cryptocurrency has surged, according to Google trends. The phrase “buy Bitcoin” is getting very close to the previous two-year high levels of June 2019’s bull-run and the March 12 dump of this year. Buy Bitcoin Search Volume Increases Significant attention is heading Bitcoin’s way,...Read More
Companies are thinking about how and when to have employees come back to work. Due to social distancing requirements, many are realizing that they will only be able to have up to 50% of employees return to offices at most. At the same time, many companies are realizing that remote work has worked better than they...Read More
There are always some interesting developments taking place within the cryptocurrency industry. Bitcoin’s network saw an influx of 16 network blocks in 63 minutes, which is a strong deviation from the average. The Bitcoin network is subject to some very strict rules and time frames. An Anomaly in the Bitcoin Block Production On average, one...Read More
Bitcoin intelligence, data, and analytics firm Glassnode found the Bitcoin hash rate hit a new all-time high over the weekend, ten days before the Bitcoin halving event. In other words, miners are putting more computational power into maintaining the Bitcoin network. Because miners must venture electricity and capital intensive computer processors to mine Bitcoin, the...Read More
A recently published report suggests that the global online gambling market will grow by $114 billion over the next four years, with bitcoin playing its part. While forecasts related to economic growth may seem flawed given our current circumstances, with a virus having swept aggressively across the planet and drastically altered the way we live...Read More
