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Tag: Monday

Bitcoin Value Falls After Going Through Third Halving

Bitcoin slid on Monday in unpredictable exchanging, after it experienced a specialized change that diminished the rate at which new coins are made,...

“Buy Bitcoin,” Another Billionaire VC Tells Investors Looking to Escape Massive Deflation

Bitcoin is a hedge in a deflationary cycle, said billionaire venture capitalist Chamath Palihapitiya in a Tuesday morning interview with CNBC. The Virgin Galactic chairman and Social Capital CEO commended the cryptocurrency for its lack of correlation with traditional markets. He further cited Paul Tudor Jones, a billionaire hedge fund manager, for taking a similar safe-haven call regarding Bitcoin. ‘Buy Bitcoin‘ is emerging as the mantra against the ongoing global financial crisis. The latest to […]

No of Bitcoin Wallets with Less Than 1 BTC Went Up

Bitcoin halving in July 2016 led to an increase in the number of Bitcoin wallets containing less than 1 BTC. According to data from Glassnode, [...]

The post No of Bitcoin Wallets with Less Than 1 BTC Went Up appeared first on InsideBitcoins.com.

Bitcoin Plunges as Halving FOMO Comes to End; What’s Next for Crypto?

The bitcoin price fell by up to 19.33 percent days after it established a halving-led high above $10,000. On the day of the third supply rate cut, traders maintained their selling bias, leading price down to $8,185. With halving narrative behind, bitcoin lands in an unpredictable trading zone, with a market bias towards bears. Bitcoin’s upside rally ran out of fuel days before its most anticipated technical upgrade that halved its daily supply rate. The […]

Ransomware Hit ATM Giant Diebold Nixdorf

Diebold Nixdorf, a major provider of automatic teller machines (ATMs) and payment technology to banks and retailers, recently suffered a ransomware attack that...

Binance Futures Records a 42% Drop in Open Interests; Injects $30M USDT to Insurance Fund

Binance Futures have claimed a large chunk of trading volumes for the cryptocurrency futures market since launching its platform in September 2019. However, a crypto market flash crash on May 10 understandably puts the platform at risk of losing at least some of its customers. The notional USD value of open interest on the platform had dropped from $382 million, just before the flash crash to $219.2 million at the time of writing this report. Additionally, data from TheBlock confirmed that Binance recorded the highest number of wiped open interest positions (42.15%), more than 70% of its closest competitor, Huobi,

Bitcoin’s Fundamentals Are Stronger Than Ever as the Halving Arrives

Bitcoin

The Bitcoin block reward halving is nearly here. The event is happening in around 4 hours from now, meaning that BTC’s inflation rate will be cut in half from ~3.6% to ~1.8% — inflation lower than that of most fiat currencies and purportedly lower than that of gold. Data shows that as the halving has [...]

The post Bitcoin’s Fundamentals Are Stronger Than Ever as the Halving Arrives appeared first on Blockonomi.

Bitcoin Price Experiencing Extreme Volatility with Halving Hours Away

Bitcoin Halving

Bitcoin (BTC) price is currently experiencing a choppy price action with the block reward halving only hours away. The top-ranked crypto by market capitalization has in the last 48 hours risen to $10,000 and fallen to $8,600 with a recent attempt at regaining the $10k price mark rejected causing the current 60-day volatility to hit [...]

The post Bitcoin Price Experiencing Extreme Volatility with Halving Hours Away appeared first on Blockonomi.

BITCOIN DUMP!!! WHAT NEXT? BITCOIN HALVING!

This episode will look into the potential scenarios of bitcoin price movement after the halving. Will this dump start a reversal of the...

Guidance, Relevance and Trust

Imagine you are visiting an unfamiliar restaurant. The waiter seats you and follows immediately with a “What can I bring you today?”. Do...

Economic Crisis Causes Crypto Hedge Funds To Strike Big, Bitcoin Dominates

All across the globe, the economies of the world are suffering from the COVID-19 pandemic. However, Bitcoin’s economy has managed to stay strong....

Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises

Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new...

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