2020-7-20 09:07 |
Bitcoin failing to see an uptick in the value transferred on its network is good news for the bears
Similar to Notcoin - Blum - Airdrops In 2024
2020-7-20 09:07 |
Bitcoin failing to see an uptick in the value transferred on its network is good news for the bears
Similar to Notcoin - Blum - Airdrops In 2024
The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches a major event (the US election) later in November. A CryptoQuant analyst known as CoinLupin recently provided an analysis on the CryptoQuant QuickTake platform, focusing on Bitcoin’s Market Value to Realized Value (MVRV) ratio, a metric often used to gauge Bitcoin’s value compared to its on-chain fundamentals.
2024-11-5 04:30 | |
Here’s what the historical pattern of an on-chain indicator suggests regarding whether the time to accumulate Bitcoin is over or not. Bitcoin 150-Day MA aSOPR Currently Has A Value Of 1. 01 As pointed out by an analyst in a CryptoQuant Quicktake post, the 150-day moving average (MA) of the Bitcoin aSOPR has a value of just 1.
2024-10-25 04:00 | |
Bitcoin's use as a store of value or a means of exchange is not mutually exclusive.
2024-10-18 16:00 | |
2024-8-1 21:59 | |
Heading into the first half of 2024, crypto investors are wondering about the future of Bitcoin, which continues to lose value after hitting an all-time high in March. According to Bloomberg, Bitcoin (BTC) has lost about 13% in value since…
2024-7-2 19:09 | |
According to on-chain data analysis by Glassnode, Bitcoin is at a critical juncture. When BTC soared to $73,800 in March 2024, printing new all-time highs, the Bitcoin market reached a statistically significant level regarding on-chain unrealized profits, according to the Market Value to Realized Value (MVRV) ratio.
2024-3-29 21:00 | |
Bitcoin's energy value index puts Bitcoin's fair value at $81,000
2024-3-12 18:06 | |
With the US on the cusp of potentially approving a Bitcoin ETF, analysts foresee a transformative impact on Bitcoin's value and market dynamics, attracting institutional capital and reshaping traditional exchange operations.
2023-12-21 00:01 | |
Bitcoin (BTC) continues demonstrating its market resilience with a substantial uptick in its value over the past week. On a 24-hour cycle, Bitcoin’s value has grown by 10. 38%, and over the last seven days, it has seen an impressive 20.
2023-10-24 09:59 | |
The recent surge in Bitcoin’s price over the weekend caught many market observers by surprise. The alpha coin marked a 1. 5% gain in the last 24 hours, bringing Bitcoin’s value above the psychologically important $30,000 threshold, which also serves as a key resistance level.
2023-10-22 11:17 | |
In a recent development, blockchain analytics firm Glassnode and asset manager ARK Invest have collaborated to develop “Cointime Economics,” a new on-chain framework that determines the Bitcoin value.
2023-8-28 15:00 | |
Bitcoin (BTC) has been consolidating between $25,800 and $26,100 since Aug. 18. However, market intelligence data suggests that the flagship cryptocurrency is undervalued. According to Santiment, Bitcoin’s market value over realized value (MVRV) ratio on a 30-day moving average has…
2023-8-22 13:30 | |
As Bitcoin regains momentum and surpasses the $30,000 mark, the entire cryptocurrency market is experiencing a renewed sense of confidence. This resurgence in Bitcoin’s value has brought about a ripple effect in the altcoin space, with several coins showing signs of life.
2023-8-9 09:17 | |
Numerous financial institutions are lining up to offer ETFs pegged to the value of Bitcoin, the world's largest cryptocurrency by market capitalization
2023-7-25 21:15 | |
The value of its bitcoin holdings remained at $184 million.
2023-7-20 23:13 | |
On May 22, 2010, an early bitcoin enthusiast Laszlo Hanyecz purchased 2 pizzas and paid using just about 10 thousand BTC coins. At the time, bitcoin was trading at the sub-penny value: the total value of the cryptocurrency was about…
2023-5-23 02:44 | |
Many financial advisors cite lack of intrinsic value as a case against bitcoin. But demand and global adoption, evidenced by bitcoin's steadily increasing price, are what they should be paying attention to.
2023-3-9 16:45 | |
Bitcoin has increased in value by 5.15% during past 24 hours
2022-7-15 15:33 | |
Bitcoin (BTC) and other cryptos rose on Tuesday, indicating a greater appetite for risk among traders. Some analysts suggest bitcoin is entering a value zone, which typically precedes strong breakouts or breakdowns in price.
2022-4-20 23:29 | |
Bitcoin provides value that surpasses the brand value of the U.S. dollar, as the code provides the utility of superior money.
2022-3-1 02:00 | |
Bitcoin has been on another recovery trend since this past weekend. It has continued on this path which has seen its balance above $44K. For most, this is a low value given that the digital asset was at $69K a few months ago.
2022-2-11 02:00 | |
How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.
2021-10-14 20:45 | |
The explosion in wealth that will occur as bitcoin gains in value will create a new class of billionaires.
2021-8-28 07:00 | |
Bitcoin BTC/USD has managed to reach a value of $50,000 yet again. Bitcoin had its all-time high value of $64,804 in April. However, it sold off in June as well as July, with its price at one point in time dipping below $30,000.
2021-8-23 14:17 | |
The competition will become clearly one-sided as the black hole of value that is bitcoin absorbs everything around it.
2021-7-28 21:04 | |
Inflation may obscure the value of bitcoin, but let it not mislead you.
2021-7-20 01:18 | |
The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of $30k on May 19. While bitcoin is still down 25% during the last 30 days, it’s hard to forecast where bitcoin’s value is going from here. Although a number […]
2021-5-29 20:30 | |
The incentive structure created by Bitcoin introduces new potential for value creation in society.
2021-4-15 18:38 | |
The latest data from Coinmetrics shows that the Bitcoin cumulative transfer value has hit more than 3. 5 trillion. The number of bitcoin processed on a single day reached its highest value at the beginning of 2021, as more people display interest in the cryptocurrency.
2021-3-13 14:00 | |
A year ago, bitcoin's market value was $178 billion.
2021-2-22 18:40 | |
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours.
2020-12-17 18:45 | |
Bitcoin price spikes grab headlines, but the asset's long-term value depends on its developers – and what drives them.
2020-11-30 01:01 | |
Bitcoin very well has the potential to be the successor to the dollar and the next global reserve currency. For now, the store of value narrative and acting as a hedge against inflation has drawn institutions to the asset class finally.
2020-11-26 04:00 | |
The chairman of the U. S. Securities and Exchange Commission (SEC) has explained how the U. S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system.
2020-11-24 23:15 | |
Bitcoin’s evolution as an asset of great value has been reflected many times in the swiftness at which the asset has surpassed a large number of already existing firms in the financial industry. Against other assets that have taken the title as “store of value,’ Bitcoin has also shown immense strength in adding and retaining […]
2020-11-4 15:07 | |
Bitcoin's value has been appreciating over the past week and it currently stands at $11, 377. The value of the digital asset peaked a couple of days back at $11,731, but could not hold on to this leveThe post These key metrics make a more bullish case for Bitcoin appeared first on AMBCrypto.
2020-10-16 16:30 | |
Wrapped Bitcoin saw its value increase by over 900% in the space of two...
The post Total value locked in ‘Wrapped Bitcoin’ hits $1BN appeared first on Coin Journal.
2020-10-9 17:30 | |
Bitcoin’s price responded to the CFTC's charges against BitMEX by losing $300 of its value in a single day. While the anticipated corrections did take many by surprise, Bitcoin’s price soon steadiThe post Is Bitcoin closer to its fair value than we think? appeared first on AMBCrypto.
2020-10-4 21:30 | |
The bitcoin price has ballooned 40% on a year-to-date basis. The OG cryptocurrency has performed particularly well amid the pandemic partly because it acts as a reliable store of value like gold. However, BTC is desperately clinging to the $10K level at the moment.
2020-9-25 00:56 | |
The value of Grayscale’s Bitcoin Trust (GBTC) increased $1. 6 billion in the first half of 2020, SEC filings show. The trust is one of the most visible venues for Bitcoin in traditional markets. This bodes well for Bitcoin as it continues to hold value during the U.
2020-8-13 20:22 | |
If you have followed the price development of Bitcoin, you might have wondered why there has been such a vast increase in Bitcoin’s value over the last ten years. In order to understand what gives Bitcoin its value, let’s first take a look at money itself.
2020-8-12 12:29 | |
Bitcoin’s inherent properties have given rise to the perspective that the digital asset could be a store of value, states Fidelity in its latest report on Bitcoin Investment Thesis. It is actually an “aspirational” SoV, creating value as it matures into a store of value.
2020-7-30 18:37 | |
John McAfee again contends Bitcoin no longer leads the market, saying that it?s crazy that the value of every crypto coin is tied to Bitcoin?s value, particularly Monero
2020-5-1 16:02 | |
Bitcoin is looking like a store of value again, as major currencies fall behind.
2020-4-24 14:55 | |
Bitcoin has found its strength as a store of value asset and the same value proposition seems to be attracting increased interest from traditional and institutional investors. Over the past decade, BiThe post Primary use-case of Bitcoin in Latin America is 'preservation of wealth' appeared first on AMBCrypto.
2020-4-19 19:00 | |
Three weeks ago, as global commodities markets crashed, Bitcoin’s price tumbled more than 40% over the course of a few days. In the face of this collapse, critics derided the flagship cryptocurrency for its apparent inability to hold its value in a crisis.
2020-4-5 20:48 | |
In the past month, Bitcoin lost 50% of its value following the stock market, oil, Treasuries, and even gold as the coronavirus continues to spread. Central banks around the world have injected billions of dollars but the global markets are still taking a beating with broad falls across multiple sectors. This past week, bonds, US […]
2020-3-18 22:16 | |
Bitcoin completed its first decade with a mind-boggling 9 million percent increase in value, becoming the best performing asset of the decade. Also, Bitcoin’s value in gold rose significantly amidst the heightened global economic uncertainty.
2020-2-9 19:23 | |
Bitcoin's value plunged by nearly 5% over an hour on 19 January and at press time, was valued at $8,650. While this is the second time the king coin's price plummeted after crossing the $9,000-mark thThe post Bitcoin's blockchain activity spikes; value transfers, miner fee note growth appeared first on AMBCrypto.
2020-1-20 03:30 | |