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Bitcoin’s Downside Risk to Not be Ignored as Asset Soars to 19-Month High: Bitfinex

Bitcoin (BTC) has reached a new year-to-date high, soaring past $42,000 on December 4. The asset has broken through the upper limit of the trading range it was confined to…

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Bitcoin Ownership More Diverse Than Expected, Reveals Grayscale Report

A recent report from Grayscale Investments revealed an unexpected diversity in Bitcoin (BTC) ownership, with 74% of addresses holding less than 0.01 bitcoin, equivalent to approximately $380. Grayscale’s research dispels…

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Institutional Adoption: 64% of Investors to Increase Their Crypto Allocations in 3 Years

Despite unfavorable economic conditions and the persistent bear market, institutional cryptocurrency adoption has been on the rise. Investors have remained resilient and expressed optimism and strong sentiment about crypto’s role…

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Bitcoin Scarcity Hits Record Level With LTHs Holding 80% as BTC Skyrockets to 17-Month Peak: Data

Bitcoin is growing increasingly scarce, and its price movements are finally showing it. Recent statistics from the on-chain analytics platform IntoTheBlock reveal that an unprecedented portion of the accessible BTC…

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Spot Bitcoin ETFs and Ordinals Don’t Matter: Jimmy Song Talks Bitcoin (BTC Amsterdam Interview)

Jimmy Song is among the names in the Bitcoin landscape that don’t require an introduction. He has been involved with the BTC ecosystem for about a decade, from being a…

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Chainalysis: Nigeria’s Economic Struggles Fuel Grassroots Crypto Adoption

Sub-Saharan Africa is the region with the smallest cryptocurrency economy, representing only 2.3% of the global transaction volume from July 2022 to June 2023. During this period, the region accumulated…

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