Saturday, January 28, 2023

POS Giant Starts Lightning Trial

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Bitcoin’s adoption into the mainstream – not only as a store of value but also as a means of payment – took a big step forward today. As Strike CEO...

These Metrics Hint At Massive Bitcoin ‘Buying Opportunity’, Says Analyst

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Bitcoin usually sets the pace for other cryptocurrencies to follow. Analysts usually focus on Bitcoin to identify or predict market trends. The latest analysis from pseudonym analyst Game of Tradeshas revealed...

Bitcoin Exchange Whale Ratio Surges, What Does It Mean?

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On-chain data shows the Bitcoin exchange whale ratio has surged recently. Here’s what it may mean for the price of the cryptocurrency. Bitcoin Exchange Whale Ratio (72-Hour MA) Breaks Above 85% As...

Adam Back-Led Blockstream Raises $125M To Expand

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Blockchain infrastructure firm Blockstream and its founder Adam Back, have raised $125 million to increase its Bitcoin (BTC) mining capacity.  The firm raised the capital in a convertible note, a form...

Which Cohorts Are Selling, And Which Are Buying?

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On-chain analytic firm Glassnode has broken down which Bitcoin cohorts have been accumulating and which have been distributed during the past year. Bitcoin Whales Distributed Coins Equivalent To 60% Of Mined...

Grayscale Won’t Back Down Even If Court Backs SEC’s Spot Bitcoin ETF Decision

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In June 2022, Grayscale sued the Securities and Exchange Commission (SEC) after the regulator had once more declined to convert the Grayscale Bitcoin Trust (GBTC) to a spot ETF. The...

EU Will Allow Banks To Hold 2% Of Capital In Bitcoin

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The European Union continues to push hard for clear regulations for the Bitcoin and crypto industry. After the final vote on the European Union’s draft legislation to regulate cryptocurrencies, the...

BTC Beats Top Banking Giants In Market Cap Department

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Bitcoin continues to push the cryptocurrency industry toward widespread acceptance on a worldwide scale, engaging directly with big traditional entities such as banks. The crypto’s remarkable market capitalization is illustrative of the...

Why Bitcoin Trading Volume Kept Soaring Over Last 7 Days

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Bitcoin is showing no weakness, and the bullish trend seems poised for an extension over the coming days. According to a report from Arcane Research, the cryptocurrency continues to lead...

Court Sets Date For Grayscale Vs. SEC

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The insolvency of Genesis Trading and the related uncertainty about the future of Digital Currency Group (DCG) and Grayscale have not really dampened the mood on the Bitcoin market in...

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