Auto Added by WPeMatico

Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013

Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129…

Continue ReadingBitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013

Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models

The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto…

Continue ReadingRainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models

Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years

The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding.…

Continue ReadingBitcoin Exchange Reserves Drop to Lowest Point in 3 Years

The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production

Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down…

Continue ReadingThe Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production