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Sichuan Rainy Season to Give Bitcoin Hash Rate a Much Needed Jolt
30.5.2020
The wet season in Sichuan normally leads to a spike in Bitcoin’s hash rate. Will the same happen this year?
Bitcoin Google Interest Mimics $10K Price Run as ‘Halving Hype’ Fades
30.5.2020
Search patterns head lower, indicating that the halving is no longer driving interest in Bitcoin as price action centers on $9,500
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving
29.5.2020
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC...
Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined
28.5.2020
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving
Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels
27.5.2020
Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday
Post Bitcoin Halving Challenges For The Bitcoin Network
27.5.2020
The Bitcoin halving event, which takes place every four years, is the very core of the value and price of Bitcoin. This event limits the supply of Bitcoin and thereby maintains the tradable nature of the cryptocurrency asset. Bitcoin halving is an important part of the incentive system of Bitcoin’s...
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...
This Post-Halving Bitcoin Era Will Be Unlike Any Other
26.5.2020
The new Bitcoin era, now in full swing after the last halving, has the potential to usher in a whole new financial order
Bitcoin Fees Drop But Still Remain Far From the Pre-Halving Level
26.5.2020
After two weeks of soaring, Bitcoin (BTC) fees' flight to new highs seems to be over, at least for now, descending more than 50%.
Bitcoin fees started rising after the reduction of the miners' reward on May 11, surprising even the industry insiders and reaching new, 'ridiculous' highs this year....
How Bitcoin Mining Changed After the Halving
26.5.2020
Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading
The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog
FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash
25.5.2020
THETA and THETA Fuel have rallied 1000% since Black Thursday, is it time for altcoins to rally as Bitcoin price falls?
Zcash’s First Halving May Solve Its Inflation Problem
25.5.2020
Zcash (ZEC) is due for its first mining reward halving later this year. The event could solve a major problem for the privacy-focused cryptocurrency
Analyst Is 'Surprised’ There Hasn’t Been a Large-Scale Attack on Bitcoin Cash Yet
25.5.2020
A crypto asset analyst said that the Bitcoin Cash hashrate fell by 30% since having and only accounts for about 2% of the SHA-256 hashrate
Examine the Bitcoin First Difficulty Adjustment Post 2020 Halving
24.5.2020
It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth
Spiritual Reflections on the Bitcoin Halving
24.5.2020
The Bitcoin halving was like New Year's Eve with no time differences and everyone committed to a nonviolent revolution against financial tyranny
Bitcoin Price Ping Pong Within Tighter Range Hinting at $8.5K Next
23.5.2020
Bitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if another pullback occurs
7 Main Post-Halving Bitcoin Narratives
23.5.2020
The third Bitcoin (BTC) halving has finally happened, hashrate dropped less than estimated, fees skyrocketed, but, contrary to the doom mongers, the bitcoin price hasn’t fallen.
What happens next? What will become the next talk of the town as the “priced in/not priced in” debate has now disappeared...
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent...