Bitcoin
In-depth research, opinions, and analysis of Bitcoin trends.
Michael Saylor Accused Of Sending Over 200,000 BTC To Exchanges In July
<p>According to a tweet by CryptoVinco on September 5, a Bitcoin whale believed to belong to Michael Saylor sent over 200,000 BTC to Coinbase between July 18 and July 21. CryptoVinco said he is 99% sure the wallet belongs to MicroStrategy operator and is a well-known Bitcoin maximalist. However, there is still no proof that</p>
Core Scientific Earns $25.9 Million From Selling 1125 BTC In August
<p>The Texas-based cryptocurrency mining firm – Core Scientific – produced 1,334 BTC in August and sold 1,125 BTC of that stash for approximately $25.9 million. In the past four weeks, it increased its self-mining hashrate by deploying thousands of new ASIC servers. In August, US cryptocurrency miner Core Scientific generated 1,334 BTC, of which 1,125 BTC were</p>
Bitcoin Is Reportedly Set To Achieve A Net Zero Emission By 2024
<p>Bitcoin (BTC) continues to face criticism for its carbon footprint as the asset gains popularity in various regions. However, the situation may be changing, especially as mining companies increasingly use renewable energy to cut carbon emissions. According to new research by BatCoinz, Bitcoin is on track to achieve net zero emission by December 2024, making</p>
Miners Move 4,400 Bitcoin To Binance Signals Bearish Sentiment
<p>According to on-chain data, Bitcoin (BTC) miners have sent approximately 4,400 BTC to Binance, which may be bearish for the cryptocurrency’s price. The new transaction appears to have originated from the Poolin mining pool, according to an analyst in a CryptoQuant post. The “Miner to Exchange Flow,” which monitors the total quantity of coins going</p>
62% Bitcoin Remains Firmly In HODLer Wallet Despite Crypto Winter
<p>Bitcoin (BTC) has corrected nearly 70% from its all-time high recorded at the end of 2021. Interestingly, most investors seem to have opted to ‘HODL’ the top cryptocurrency. In fact, 62% of Bitcoin holders have not sold the asset in over a year, despite the current market conditions. At the same time, according to TipRanks</p>
The Creator Of Bollinger Band Gives A Warning About The Upcoming Bitcoin Volatility
<p>John Bollinger is the father of the popular technical indicator of the same name. Recently, after a long time of less sharing about Bitcoin (BTC), John gave his opinion. If you don’t know, the phenomenon of “bottleneck” is when the price fluctuates in a narrow to a very narrow range. That causes the average of</p>
Getting Caught In The Bull Trap Because Of A Rush In The Bitcoin Bear Market
<p>Looking back at Bitcoin’s (BTC) bear market history, we’ll notice a lot of bull traps occurring. Traders are susceptible to these bull traps because of their haste. At the time of writing, Bitcoin has created the largest range of daily candles in the past two months. Sadly it was a red candle. Bitcoin’s rally from</p>
Bitcoin Supply Which Has Been Dormant For At Least 5 Years Has Reached ATH
<p>Data from online chain analysis firm Glassnode confirms that the percentage of Bitcoin supply that is idle for at least 5 years is higher than ever. Bitcoin has recovered nearly 40% from a macro low of $17,600 just two months ago, but for the cryptocurrency’s diamond hand, that was not an event. Those who bought</p>
Bitcoin Miners Earn 27% Less BTC After 3 Months Of Massive Sale
<p>According to a new prediction from crypto analytics firm Arcane Research, miners will continue to sell more Bitcoin (BTC) than they earn. Bitcoin hitting $25,000 this month has eased the pressure on the mining sector, which has been struggling throughout 2022. At one point, concerns grew that miners’ production costs were much higher than the</p>
Norwegian Bitcoin Miner Expands Beyond The Arctic Circle To Reduce Energy Costs
<p>According to reports, Kryptovault AS, a Norwegian bitcoin mining company, intends to relocate its operations north of the Arctic Circle. The decision to relocate was made as a result of the nation’s growing electricity prices, even though the issue has not yet significantly touched the northern regions. Norwegian has developed into a hub for cryptocurrency</p>
Michael Saylor: Bitcoin Is Going To Demonetize Gold Gradually
<p>The growth of Bitcoin (BTC) has seen some proponents share the view that the crypto will take over gold on various metrics like the store of value and eventually replace the precious metal. Michael Saylor expressed his views in a recent interview. In instance, in an interview with Stansberry Research on August 13, outgoing MicroStrategy</p>
Core Scientific Increased Bitcoin Production By 10% In July
<p>In July, the miner Core Scientific reported that it “completely closed its Texas mining center operations under some circumstances” to support the state’s grid operator. Cryptocurrency mining company Core Scientific reported its operations generated 1,221 Bitcoin (BTC) in July even as the company shut down operations several times due to high demand on the Texas</p>
Bitcoin Miners Now Hold a Record Of 1,856 Million BTC
<p>Bitcoin (BTC) miners now own more BTC than at any point in history as the impact of the chaos of the past months eases. According to data from online chain analysis company CryptoQuant, the BTC holdings of miners increased significantly in July. In the latest sign that miners are recovering from the recent price weakness,</p>