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83% of Bitcoin Addresses Currently Profitable, Says Glassnode


At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable...

Bitcoin is the 'One Shot' to Separate State and Money, Pomp Argues


Although he does not consider himself a bitcoin (BTC) maximalist, Anthony Pompliano, co-founder of Morgan Creek Digital and host of the Pomp Podcast, still finds that bitcoin will become the currency to rule them all. This coin is the only chance to separate money from the state, he says. Speaking...

Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years


The number of so-called whales with 1,000 bitcoin or more in their wallets has climbed to 1,882 from around 1,650 in January. It is the highest the numbers have reached in nearly three years. Whales may be defined as the Bitcoin ( BTC) community’s own version of the ‘deep state’...

Carl Watner: The Tragedy of Political Government


“What is tragic about political government?” you might ask. Let us return to that question once we have examined the nature of political government and the State. In order to distinguish between government and other institutions in society we must look at the ways human behavior can...

Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar


Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On...

Venezuelans Now Can Pay for Petrol in Fiat or (State-issued) Crypto


The Venezuelan government has announced that drivers can now fill their gas tanks with fuel – and pay using foreign currencies or the state-issued cryptoasset the petro (PTR). Caracas made its announcement over the weekend, and the measure became effective as of June 1, per a tweet from state-owned...

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode


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...

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