Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows

2023-4-28 11:44

Bitcoin's long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us.

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Institutional Investors Betting on Crypto’s Long-term Potential

Analysts have been predicting the entry of big money from institutional investors into the cryptocurrency market would be the catalyst for the next crypto bull run. It looks like these predictions may have been correct as the latest data from a crypto firm shows a surge of institutional interest during May this year; a surprising trend considering […] Institutional Investors Betting on Crypto’s Long-term Potential was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-2 01:43


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.

2018-7-1 19:35


Research Shows Bitcoin Price Linked to Public Sentiment on Social Media

Bitcoin’s value is manipulated by public sentiment, this according to researchers who found that positive comments by infrequent social media users were likely to enhance the coin’s prospects.   Social Media’s Impact on Bitcoin’s Price Researchers from the Stevens Institute of Technology in Hoboken, New Jersey, led by assistant professor of information systems Feng Mai, have.

2018-6-27 06:00


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New Survey Report shows Interest in Bitcoin Set to Double in Europe

Featured People hear and know more about cryptocurrencies with every passing day, and according to a new survey, interest in Bitcoin is expected to increase twofold in Europe. The research covers over a dozen European nations, but also the United States and Australia, presenting some unexpected findings. Also read: Survey: 13% of Net-Savvy Ukrainians Own

2018-6-27 05:10


New Research Shows Social Media’s Influence on Cryptocurrencies

Bitcoin’s value may have reached a new low on Sunday, but research proves that social media could do the trick to bring the coin back to its feet. A new study conducted by the Stevens Institute of Technology uses natural language processing and social media analytics to suggest that the coins could be moving per […] New Research Shows Social Media’s Influence on Cryptocurrencies was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-6-27 22:23


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New Data Shows No Evidence of Bitcoin Price Manipulation as Whales ‘Hodl’

The mainstream media narrative that Bitcoin is a “ponzi scheme” and bagholders are selling is false, new data showing Bitcoin user ‘hodl’ behavior claims. Whales Are ‘Hodling’ The findings, uploaded to Twitter by commentator and researcher BambouClub June 25, focuses on so-called ‘Bitcoin days destroyed’ (BDD) as a variable by which to judge investor sentiment, which he explains is “totally unaffected” by bitcoin price .

2018-6-25 19:00


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Research shows Bitcoin’s price increased due to tether manipulation

The U.S. dollar-pegged tether has been used to support bitcoin’s price during market downturns, a new study published by University of Texas at Austin professors. The published study states that the researchers used “algorithms to analyze the blockchain data, we find that purchases with tether are timed following market downturns and result in sizable increases in bitcoin prices.

2018-6-13 19:31


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A New Cryptocurrency Radio Broadcast Launches on Boston’s FM 104.9

Over the past six months, cryptocurrencies have been steadily entering the mainstream world more and more by being featured on billboards, newspapers, radio broadcasts and television shows. Now, this July residents from the New England region will be able to hear a weekly radio broadcast called Cryptomania which aims to educate the masses about the […] The post A New Cryptocurrency Radio Broadcast Launches on Boston’s FM 104.9 appeared first on Bitcoin News.

2018-6-13 01:50