Consistent Accumulation Over Time MicroStrategy has been buying bitcoins year by year, especially at low volatility phases of Bitcoin prices. Thus, due to dollar-cost averaging, the company managed to buy BTC, which are worth $13 billion. Even for the recent volatility of the crypto market where the market prices of several cryptos has dipped, this […]
MicroStrategy’s Bitcoin Investment Portfolio Reaches $13 Billion Read More »
A ‘Gas’ is the said cost, which the user is forced to incur if the user is to execute a particular transaction in the network. As for the fees charged they reduced to as low as 0.6 gwei for one unit of gas earlier this week and those transactions which fall under low-priotiry cost only
Ethereum Gas Fees Drop to the Lowest Value in Five Years Read More »
Introduction The US government on 15/08/2024 sent almost 10000 BTC worth over 590M USD to Coinbase Prime account. Although much has been said about this big transfer putting a lot of pressure on the market, some analysts opine that this will not be the case. Considering all those nuances, specialists guess that such mechanism can
US Govt Moves $590M Silk Road Bitcoin to Coinbase: What’s Next? Read More »
The latest report from Blocksbridge has highlighted significant challenges in the Bitcoin mining industry, as profitability metrics have plummeted to record lows. The current miner hashprice, a key metric for gauging mining profit margins, has fallen below $36 per petahash per second (PH/s), marking an unprecedented low. Despite a recent rebound in Bitcoin prices, the
Blocksbridge’s Latest Market Analysis on Mining Profits Read More »
Recently in an interview the author of “The Black Swan” Nassim Taleb give his view on efficacy of the latest strategy used by the Bank of Japan which led to the ‘office cleaning’ of the stock market in Japan and then a multiple in the US stock market and Bitcoin Crash Explained. Years of near-zero
Bitcoin Crash Explained by Taleb: Key Insight Read More »
Japanese tech conglomerate Metaplanet caused a stir after it revealed it will purchase ¥10.08 billion worth of Bitcoin or around $70 million. This move essentially involves one of the biggest investments into the top digital currency asset by a larger stakeholder. At a recent press conference, Metaplanet laid out some strategic rationales on why it
Inside Metaplanet’s Strategy: ¥10.08 Billion Bitcoin Investment Read More »
Recent rise in the price of Bitcoin has attracted investors globally, it shows great upturn from its low point recently. When Bitcoin was trading under $50 000, it struggled to stay afloat, but it then climbed and gained the much-needed steam, and optimism among traders returned. Specifically, this article explores the tendencies that have contributed
Bitcoin Bulls Back on Track: What’s Driving the Recovery Read More »
The Death Cross Returns The price of the bitcoin is again threatened by another death cross on the chart – a condition whereby the 50- day moving average is crossed by the 200- day moving average. This is usually regarded as bear signal by the traders and investors resulting into fears of a prologued downtrend.
Is Bitcoin’s Unreliable Death Cross a Real Concern? Read More »
Crypto market has registered a major rout , the flagship currency, Bitcoin falling by more than 20 percent from its peak of about $67,387 in last week. Like other major cryptocurrencies, including Ethereum, the market value of most cryptocurrencies has also plummeted. This is particularly contributing to what some have termed as an intense bear
BlackRock is not selling its Bitcoins Dispite of Market Crash Read More »
Introduction Argentina authorities are extending to the future with a newly devised strategy to prevent and predict crimes using advanced artificial intelligence (AI). The Minister of Security has delivered a press release stating the development of the Applied Artificial Intelligence for Security Unit (UIAAS). This unit seeks to use the latest technology to solve the
How Argentina authorities Will Prevent Crimes with AI Read More »
