Bitcoin (BTC) has completed transactions worth $11 trillion since its inception, a recent compilation of data shows. The value of the network thus grows constantly, with the occasional transfer of as much as $1 billion. BTC Network Grows More Valuabl
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Bitcoin’s Energy Consumption Nears Belgium, Finland Figures
Bitcoin's hashrate reached new record highs this week, leading one study to estimate its total energy consumption now matches some EU nations. More Power Than Belgium? According to the latest data from the University of Cambridge, the Bitcoin net
Time is Running Out For 4Chan Wizard’s $16K Bitcoin Prediction
With only a week of October left, bitcoin price has just suffered a flash crash down to the $7400s. So what does this mean for the 4Chan ‘Wizard’ prediction, of $16,000 this month? Is it time to just give up the ghost, or does bitcoin hav
Bitcoin Hash Rate Approaching 120,000,000 TH/s Amid Market Crash
The Bitcoin Network is about to reach another hash rate milestone despite BTC falling more than $500 in a single day. Network Fundamentals Improving Despite Price Drop Data from Blockchain.com shows the Bitcoin Network hash rate currently at 114 quin
Crypto Exchanges Employ Over 40% of Industry Resources: Report
The crypto industry has evolved so much over the past couple of years despite the prices of many tokens still wallowing at the bottom of the digital pond. There are now a lot more people working in the industry and recent research indicates that cryp
Chainlink and Basic Attention Token Survive Today’s Red Market
The entire crypto market has turned red today, with Bitcoin (BTC) triggering a slide across most altcoins. But there are two curious exceptions – Chainlink (LINK) and Basic Attention Token (BAT). LINK and BAT Often Buck the Market Trend This is
Are Bitcoin Futures One Big Market Manipulation Scheme?
Some still assert that the launch of two bitcoin futures products crashed markets in 2017 as it was the first time investors could short the asset. What they have done has completely changed the landscape two years later. Futures Changed Bitcoin Land
Bitcoin Price Could Drop Down To $7000; Diamond Top Breakdown Confirms Right Shoulder
Bitcoin price continues to free-fall after a failed bullish rally. New signals and a breakdown of two confirmed patterns point to bearish downside targets in the low $7,000 range. Bitcoin Forms Elusive Diamond Top, Signaling a Deep Drop On Friday, O
Bakkt Bitcoin Trading Volume Sets New Record After Flash Crash
Bitcoin just lost over $500 in a few minutes, and apparently, institutional investors went crazy. On Bakkt, trading volume for its Bitcoin monthly futures almost hit 350 BTC today. The indicator might exceed the 1,000 threshold by the end of the day.
Bitcoin Flash Crash Caused By Drop in Network Velocity
Just as Bitcoin (BTC) trading was becoming ‘boring’, a flash crash has erased as much as $500 in rapid-fire selling. Byte Tree CEO, James Bennet, says that this sudden decline was the result of a significant drop in network velocity. Loss