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Bitcoin News / Bitcoinist - 2 years ago

78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode

On-chain data shows that Bitcoin short-term holders have contributed to 78% of the total exchange inflows in the market recently. Bitcoin Exchange Inflows Are Dominated By The Short-Term Holders According to the latest weekly report from the on-chain...

Bitcoin News / Bitcoinist - 2 years ago

Bitcoin Mining: MIT Research Acknowledges Benefits, But Also Raises Criticism

Bitcoin mining is a controversial subject of debate due to its significant energy consumption. While proponents argue that it offers various climate benefits and can contribute to grid stability, mitigate methane emissions and expand renewable energy...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin bulls battle to reclaim $30K amid BTC price RSI 'reset'

Bitcoin returns to a tug-of-war over $30,000, with BTC price action costing its RSI weeks of upside. Bitcoin (BTC) targeted new month-to-date lows at the July 18 Wall...

Bitcoin News / Bitcoin.com - 2 years ago

Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving

In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as P...