Currently, bitcoin sales among whales predominate. Glassnode projects that bitcoin could reach over $130,000 this cycle. The bitcoin (BTC) market has entered a distribution phase, according to on-chain research firm Glassnode. What does this mean? This is a stage in which sales of the digital currency predominate, putting downward pressure on its price. “Accumulation Trend … Read more
One senator says bitcoin is a promising alternative to protecting income. “Bitcoin has reached the mainstream of our economy,” commented Dusty Deevers. In response to growing concerns about inflation and the devaluation of the US dollar, Oklahoma Senator Dusty Deevers introduced the Bitcoin Freedom Act. With this proposal, he proposes that state employees can receive … Read more
The new open source Bitaxe has a touch screen; hence its name: Touch. This device developed by Solo Satoshi will have a hashrate of 1.6 TH/s. Solo Satoshi, a company that develops mining equipment for solo bitcoin mining from home, announced that it is developing a mini ASIC. Is called touchand is being built on … Read more
Odell defined bitcoin as “the strongest asset that has ever existed.” “We are the only country in the world whose debt is denominated in our own shitcoin,” Odell said. American bitcoiner and developer Matt Odell is convinced that his country’s government should print as many dollars as possible and then acquire bitcoin (BTC). This with … Read more
Institutional and state adoption will drive strong market movements. Bitcoin will have high correlation with stocks of US companies, says Grummes. According to new projections, a lot of price volatility is coming for bitcoin (BTC) this year, which will be marked by sharp rises and falls. This is highlighted in a new report by analyst … Read more
In the midst of the confusion that exists over the possibility of the United States selling almost 70,000 bitcoin (BTC) seized from Silk Road, a scenario is proposed in which, if this sale is carried out, the United States would be surpassed by China in the amount of BTC in custody. Currently, the United States … Read more
Bitcoin’s accounting history at block level 853742 shows that it was mined by a lone miner with only 3 th/s hashpower. This milestone in the network, which was baptized as the “Bitaxe Genesis Block” for allegedly having been the first processed using the small-scale mining machine, demonstrates the power and importance of solo mining with … Read more
The analysis of supports and resistances allows establishing probabilities of next movements. Trump’s imminent inauguration as US president could completely change the landscape. Bitcoin (BTC). has entered a lateralization zone above $90,000. At this time, according to on-chain data shown by Glassnode, There are old investors who are taking profits. Still, many new investors take … Read more
If there is a massive sell-off, it is likely that there will be an impact on the price of BTC. Bitcoiner Samson Mow downplays Silk Road’s potential BTC sale. The president of El Salvador, Nayib Bukele, reacted to the news that the United States Department of Justice (DOJ) already has the green light to put … Read more
Bitcoin has lost the $100,000 support. According to Andragnes, “it is time to be strategic with reserves.” The fall of bitcoin (BTC) below $100,000 may set off alarm bells for some investors. Others, however, who understand the potential of bitcoin in the medium and long term, see it as a good purchasing opportunity. Among these … Read more