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Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving


Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...

Brace For Impact! How Would Another Stock Market Crash Affect Bitcoin?


Major names in finance are raising the alarm that stocks are vastly overvalued – more so than ever. Should the traditional market crash again, how would this affect bitcoin (BTC)? Analysts believe that BTC would feel the impact, but, this time, there is a chance it might be different. Legendary...

Monex Group CEO to First-Time Investors: Buy Bitcoin, Gold & US Stocks


Oki Matsumoto. Source: a video screenshot, Youtube, JapanSocietyNYC The CEO of the Monex Group, a major Japanese securities company has advised investors to buy bitcoin (BTC), gold and American stocks. In a blog post, Monex chief Oki Matsumoto stated that first-time investors would be advised...

Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In


Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...

Bitcoin (BTC) Strengthens Even More; May Surpass the $10k Milestone Soon


Bitcoin is most likely to cross the $10k mark before it approaches the month-end; the coin is set to knock the barriers above $9900 once again this month; can we thank the recent halving for this? The 200-day EMA line poses as a support level; the coin seems rock-solid above $9000 right now;...

Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins


Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets. In a blog post, the platform claimed, “Among customers with at least five purchases, 60% start with bitcoin but just...

Interest in Buying Bitcoin Is Highest In More Than Two Years


Source: Adobe/AA+W People have shown more interest in Bitcoin (BTC) - in what it is, as well as in buying the most popular cryptocurrency - in the period leading to the May halving than in more than two years before it, including the 2019 rally. To get a better understanding of how popular BTC...

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