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Bitcoin’s Price Correlation With S&P 500 Hits Record Highs

3.7.2020
Bitcoin's correlation with the S&P 500 is somewhat erratic, but the relationship has just got stronger. That may not be bad news

Surging ‘Bitcoin Active Supply’ May Point to Coming Rally – Report

3.7.2020
Bitcoin (BTC) may be due for yet another price rally fuelled by a recent increase in on-chain activity on the network, according to a new report from Singapore-based cryptoasset management firm Stack Funds. The firm explained that it is a strong rise seen in the 90-day “percentage of Bitcoin active...

Crypto Use-Cases in Africa on the Rise, According to Luno

3.7.2020
Twitter and Square CEO, Jack Dorsey recently said “Africa will define the future (especially the Bitcoin one!)” But was he right? Crypto in Africa on the Rise Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where...

Russian Court: Bitcoin Theft Not a Crime

3.7.2020
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies....

Set Your Alarms: Most Bitcoin Is Now Traded During These Hours

3.7.2020
The start of trading in New York appears to impact Bitcoin volatility much more than other stock markets

Multibillion Investor Doubles Down on Bitcoin Mining

3.7.2020
US-based multibillion investment manager Horizon Kinetics (HK) just doubled down on its Bitcoin (BTC) mining strategy. After tripling the number of miners it hosts with Core Scientific (CS), a US-based blockchain hosting provider, HK has now agreed to upgrade the miners to the Antminer S19 and...

Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report

3.7.2020
An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say

Bitcoin and Altcoins Retreat From Important Juncture

3.7.2020
Yesterday, bitcoin price traded with a positive bias and was positioned for an upside break towards the USD 9,550 resistance. However, BTC failed to gain bullish momentum above the USD 9,300 resistance, and it declined below USD 9,200 and USD 9,000 before correcting higher. Similarly, there was...

Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin

3.7.2020
While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%

Bank of Japan Will Begin Experimenting With a Digital Yen

3.7.2020
The Bank of Japan announced on Thursday that it would experiment with a CBDC to check its feasibility from a technical perspective

Tech Entrepreneur Offers Bitcoin Bounty in Campaign Against Vox

3.7.2020
Balaji Srinivasan has promised a $1000 BTC bounty to anyone who can get Recode’s Kara Swisher to retract a story on COVID-19

BCH Backer Claims Bitcoin Wallet Double-Spend Issue Hasn’t Been Fixed

3.7.2020
BRD, Ledger Live, and Edge are among the wallets vulnerable to a new double-spend exploit, but some believe the vulnerability is inherent to Bitcoin itself

Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange

3.7.2020
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U.S. initial public offering (IPO) by selling company shares. Since the initial sale on opening day, Ebang’s...

Bitcoin's Current Price Impacted By Miners? It's Possible, Analytics Company Says

2.7.2020
Bitcoin’s recent price action could relate to miner selling

Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply

2.7.2020
A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving...