Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its
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On-chain analysis is fascinating to me. Exclusive to the blockchain, it doesn’t exist outside of crypto. But in jumping on-chain, we can often get intriguing insights into market sentiment, and specific indicators have even been
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China outlawed Bitcoin mining last May. Exactly a year later, the country has re-emerged as the leading venue for mining operations. Underground mining activity in the country has catapulted it to second place in the
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Despite 60% retrace, long-term holders are still in business Jurrien Timmer, global macro director at Fidelity provided many metrics on Bitcoin’s current place in the market and its potential for a reversal. According to Timmer,
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The Luna Foundation recently released a statement citing the balances on their reserves as the platform’s Bitcoin reserves made a huge noise of let. The thread documented how the platform disbursed millions of dollars worth
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Bitcoin's drop below $20,000 may cause a catastrophe on the market, but with this whale's buying power, we may not see BTC dropping to it at all The CEO of CryptoQuant offered a solution to
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The rollercoaster that transpired in the past seven days resulted in another weekly candle closed in the red for bitcoin. As such, the cryptocurrency made history in a rather negative week as this is the
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Bitcoin has printed seven weekly red candles in a row Bitcoin, the world’s largest cryptocurrency, recorded its longest bearish streak since early 2015. The crypto king has now logged seven consecutive red candles on the
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Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid
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After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend UST’s $1 parity.
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