The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

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, […]

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Pentagon

Pentagon Taps Inca Digital To Examine Crypto Risks To National Security

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 […]

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Bitcoin was almost named Netcoin by Satoshi Nakamoto, hints domain data

Bitcoin was almost named Netcoin by Satoshi Nakamoto, hints domain data

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. […]

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bitcoin

Number Of Bitcoin Addresses Sending BTC To Exchanges Continues To Drop

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 […]

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Bitcoin Bear

Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance

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 […]

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Why is the crypto market down today?

Why is the crypto market down today?

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 […]

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blockchain will “redefine digital finance”

blockchain will “redefine digital finance”

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 […]

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El Salvador's Bitcoin decision: Tracking adoption a year later

El Salvador’s Bitcoin decision: Tracking adoption a year later

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 […]

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