Auto Added by WPeMatico

Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth…

Continue ReadingBitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January 

Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased by 183,253 BTC, valued at nearly $13…

Continue ReadingBitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January 

Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining

The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone…

Continue ReadingBitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining

The economics of Bitcoin halving: Understanding the effects on price and market sentiment

Discover how a reduction in supply affects the price of Bitcoin, and how market participants perceive and react to halving events in the dynamic cryptocurrency market.

Continue ReadingThe economics of Bitcoin halving: Understanding the effects on price and market sentiment

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the…

Continue ReadingBONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show…

Continue Reading‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies

This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block…

Continue ReadingBitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to…

Continue ReadingUganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the…

Continue ReadingEthereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin

13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P Foundation website. The forum post called “Bitcoin open source…

Continue Reading13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin