Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone
The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020.
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The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020.
Mike McGlone – Senior Commodity Strategist for Bloomberg Intelligence – recently suggested that Bitcoin could be entering its “unstoppable maturation” stage as a nascent technology. The strategist also characterized Bitcoin…
Bitcoin and most altcoin prices have turned down and look to retest underlying support levels.
The inflation rate in the United Kingdom surpassed 10% for the first time in the past 40 years. Local economists warn that the figures could rise to 11% in the…
The U.S. dollar may be finally ready to come down as the eurozone says September annual inflation was the highest ever.
On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of…
On-chain data revealed that the bitcoin holdings of larger investors – typically referred to as whales – have been on the decline for the past several months. At the same…
Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and…
Counterparty risk and “liability” form enduring qualities setting Bitcoin apart, says Fidelity Digital Assets.
Curtis Warren – a British drug lord who was found guilty of smuggling cannabis – is due to be released from prison next month. The authorities, though, will supposedly put…