Category: Bitcoin

Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months. The data suggests investors are accumulating BTC and withdrawing them from exchanges into cold storage, creating a supply crunch. #Bitcoin Balance on Exchanges taking another dive pic.twitter.com/F20tohfXsu — William Clemente III

A widely-followed veteran trader who’s known in the crypto space for calling Bitcoin’s big crash in January of 2018 is unveiling the key fundamental driver that will fuel Bitcoin’s bull market. Peter Brandt tells his 435,100 Twitter followers that he believes Bitcoin, along with other assets, will continue to thrive in bull territory in the

In 10 years Bitcoin’s finite supply will be nearly exhausted, meaning holders might only need 0.01 BTC to become filthy rich. Saving 0.01 Bitcoin (BTC) might cost only $5,000 today but according to the current global wealth distribution and the digital asset’s limited supply, 0.01 BTC just might be enough to make one a millionaire

Market maker Phillip Gillespie warns that China’s push to launch the digital yuan may not bode well for the future of Bitcoin and other cryptocurrencies.  The chief executive of crypto market maker and liquidity provider B2C2 Japan tells Bloomberg that once China releases a central bank digital currency (CBDC), the country may also clamp down on

A new theory suggests that crypto expert and cypherpunk Len Sassaman could be the anonymous Bitcoin creator Satoshi Nakamoto. In a Medium article, the author named Leung offers several reasons why Sassaman could be the man behind the number one cryptocurrency.  First, Leung points out that Satoshi sent his final communication just two months before

As the largest cryptocurrency by market capitalization, Bitcoin’s (BTC) effectiveness as a medium of exchange is still a matter for debate. Unlike fiat money that is inherently infinite in supply and must be managed by a central bank, Bitcoin is akin to gold in that it is commodity money with a finite supply of 21

The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9 trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC. United States’ President Joe Biden said that the Senate’s approval shows major progress in delivering a “desperately needed” stimulus bill to

Crypto analytics firm Santiment is revealing which altcoins crypto whales have been stockpiling over the past week. In a new report on market conditions, Santiment says that as of March 3rd, the number of whales holding 100+ yearn.finance (YFI) tokens stands at 68, up from 64 the previous week. Source: Santiment The Enjin (ENJ) gaming

Engaging in the traditional financial markets has become less appealing to consumers and institutional investors as of late. New opportunities are plentiful, with decentralized finance getting a lot of attention. However, that new movement is not without its risks and flaws, either. For decades, consumers and institutional investors have explored the many different options presented

Bitcoin (BTC) will be worth “infinity” and humanity will soon give up pricing it in U.S. dollars, says the CEO of cryptocurrency exchange Kraken. Speaking to Bloomberg on March 4, Jesse Powell was characteristically bullish on Bitcoin as BTC/USD broke above $50,000. Powell: $1 million Bitcoin in ten years “reasonable” “Of course, you know, we