In a recent tweet, the head of Microstrategy business software giant, Michael Saylor, compared Bitcoin to a dragon that is about to emerge from its lair. Saylor shared what enemy this dragon will eat first and that it is dangerous to equate BTC with traditional safe haven assets. The “Bitcoin Dragon” emerging from its lair Saylor nodded at Anthony Pompliano, […]
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In a recent tweet, the head of Microstrategy business software giant, Michael Saylor, compared Bitcoin to a dragon that is about to emerge from its lair. Saylor shared what enemy this dragon will eat first and that it is dangerous to equate BTC with traditional safe haven assets. The “Bitcoin Dragon” emerging from its lair Saylor nodded at Anthony Pompliano, […]
Bitcoin’s (BTC) correlation with some of the most popular altcoins is currently sitting at 2020 lows, according to Boston-based cryptocurrency data provider Coin Metrics. On Nov. 10, the 90-day correlation between Bitcoin and its closest rival, Ethereum (ETH), dipped to 0.71—its lowest level this year. More altcoins are decoupling Litecoin (LTC), the silver to Bitcoin’s gold, […]
Bitcoin’s (BTC) correlation with some of the most popular altcoins is currently sitting at 2020 lows, according to Boston-based cryptocurrency data provider Coin Metrics. On Nov. 10, the 90-day correlation between Bitcoin and its closest rival, Ethereum (ETH), dipped to 0.71—its lowest level this year. More altcoins are decoupling Litecoin (LTC), the silver to Bitcoin’s gold, […]
Nasdaq-listed miner Bit Digital has announced a mammoth purchase of almost $13.9 mln worth of Bitcoin miners, according to a Nov. 11 press release. This will allow the company to nearly double its hash power from 1,250 petahash per second (PH/s) to 2,250 petahash per second (PH/s). According to data provided by Blockchain.com, Bitcoin’s hashrate now sits […]
Nasdaq-listed miner Bit Digital has announced a mammoth purchase of almost $13.9 mln worth of Bitcoin miners, according to a Nov. 11 press release. This will allow the company to nearly double its hash power from 1,250 petahash per second (PH/s) to 2,250 petahash per second (PH/s). According to data provided by Blockchain.com, Bitcoin’s hashrate now sits […]
Bitcoin, the flagship cryptocurrency, has hit a new yearly high of $16,000 at 18:09 UTC on the Gemini exchange. It is currently up more than four percent over the past 24 hours. Image by tradingview.com This is the first time that the top cryptocurrency has touched the aforementioned level since Jan. 8, 2018. Bitcoin has already surged nearly […]
Bitcoin, the flagship cryptocurrency, has hit a new yearly high of $16,000 at 18:09 UTC on the Gemini exchange. It is currently up more than four percent over the past 24 hours. Image by tradingview.com This is the first time that the top cryptocurrency has touched the aforementioned level since Jan. 8, 2018. Bitcoin has already surged nearly […]
The Bitcoin blockchain saw a rare stale chain of two blocks in length on Nov. 11, according to BitMEX Research. Several blocks that were mined at height 656477 became stale, meaning that they got rejected by the main chain. Image by @BitMEXResearch Stale blocks, explained Such chain splits usually occur when two competing miners attempt […]
The Bitcoin blockchain saw a rare stale chain of two blocks in length on Nov. 11, according to BitMEX Research. Several blocks that were mined at height 656477 became stale, meaning that they got rejected by the main chain. Image by @BitMEXResearch Stale blocks, explained Such chain splits usually occur when two competing miners attempt […]