Latest Crypto News today about recent important events in Cryptocurrency
Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its underlying assets. Institutional interest in Grayscale dries up On Sep. 23, the $12.55 billion closed-end trust was trading at a 35.18% discount, […]
Visit Page
The Pentagon is spearheading a new program in order to deeply look into different types of cryptocurrencies and find out what kind of risks they could pose to national security and law enforcement, a Friday report published by The Washington Post disclosed. The Defense Advanced Research Projects Agency, the research and development arm of the […]
Visit Page
In the early days of Bitcoin (BTC), crypto enthusiasts only required a basic personal computer with an internet connection to generate new BTC tokens through a distributed computing process known as mining. However, with more people chasing the same number of block rewards, Bitcoin’s mining process has become more challenging with time. In fact, the […]
Visit Page
Coming up with a good name is often one of the most challenging decisions one needs to make when launching a new service or business. Historical data of domain name purchases suggest that Satoshi Nakamoto, the creator of Bitcoin (BTC), had an alternate naming option in mind that did not make it to the whitepaper. […]
Visit Page
With the decline in the price of bitcoin, there has been a lot of selling from investors. This sell-off trend has contributed to the further decline of the digital asset’s prices in recent times. However, as the bear run continues, there has been a marked reduction in the amount of BTC being sold off by […]
Visit Page
On-chain data shows the Bitcoin aSOPR profit-loss junction has continued to act as resistance to the price of the crypto. Bitcoin aSOPR Bounces Back Down From The Breakeven Line As pointed out by an analyst in a CryptoQuant post, the aSOPR value equal to ‘1’ line has been acting as resistance for around 185 days […]
Visit Page
On-chain data shows some old Bitcoin supply has recently been moved into exchanges, something that could be bearish for the crypto’s price. Bitcoin Exchange Inflow CDD Has Spiked Up Over The Past Day As pointed out by an analyst in a CryptoQuant post, the long-term holders have deposited some coins to exchanges over the last […]
Visit Page
Crypto prices keep falling but why? This year’s market crash has turned most winning portfolios into net losers and new investors are probably losing hope in Bitcoin. Investors know that cryptocurrencies exhibit higher than average volatility, but this year’s drawdown has been extreme. After hitting a stratospheric all-time high at $69,400, Bitcoin price crumbled over […]
Visit Page
Within finance circles, perhaps there is no more polarising subject than cryptocurrency. To some, the concept of blockchain is a total waste of time, fit for nothing other than building worthless cryptocurrencies that traders can speculate on. However, the flip side is that increasing amounts of money, resources and intelligent minds are pouring into the […]
Visit Page
El Salvador, the small Central American nation that made history just over a year ago when it made Bitcoin (BTC), recently marked its first year of BTC adoption. The Salvadoran government touted BTC as a tool to attract foreign investment, create new jobs and cut reliance on the United States dollar in the country’s economy […]
Visit Page
