Take a look at the new supply of PoW coins for the previous month. To compare, oil was produced at $11.2B and gold at $14.5B during the same period.
Bitcoin miners revenue is expected to drop as the halving takes place in 14 days.
Bitcoin miners revenue is expected to drop as the halving takes place in 14 days.
Speaking from Tel Aviv for Virtual Blockchain Week, crypto analyst Mati Greenspan sees a definite correlation between BTC and the S&P 500
https://ct.com/8ioi
https://ct.com/8ioi
Sellers eye $8,000 as an area for short-term reversal and a major Bitcoin whale says the halving is already priced in
https://ct.com/8ioy
https://ct.com/8ioy
Bitcoin should now trade at an average of $288,000 over the next four years, says stock-to-flow creator PlanB
https://ct.com/8ip3
https://ct.com/8ip3
Bitcoin markets are still positive as the May halving closes in, preserving last week’s 10% gains
https://ct.com/8iqb
https://ct.com/8iqb
The bid-ask spread is a useful indicator of an asset's liquidity. When studying derivatives markets, the spread can be used to identify liquid contracts.
Derivatives markets tend to be more fragmented, with contracts of many expiration dates and strike prices, resulting in a significant number of very low liquid contracts with wide spreads. By charting three Ethereum contracts on Deribit,we show how spreads differ depending on the expiry.
The Ethereum Perpetual Future, the June quarterly expiry, and the September quarterly expiry were charted, and as predicted, the highly liquid EthPerp contract had the narrowest spreads, with the September contract (the furthest expiry) with the widest spreads.
Derivatives markets tend to be more fragmented, with contracts of many expiration dates and strike prices, resulting in a significant number of very low liquid contracts with wide spreads. By charting three Ethereum contracts on Deribit,we show how spreads differ depending on the expiry.
The Ethereum Perpetual Future, the June quarterly expiry, and the September quarterly expiry were charted, and as predicted, the highly liquid EthPerp contract had the narrowest spreads, with the September contract (the furthest expiry) with the widest spreads.
News that major Bitcoin whales have not sold BTC for almost 5 years is leading crypto investors to feel more bullish as the halving event approaches
https://ct.com/8isq
https://ct.com/8isq
Bullish Bitcoin continues to surprise with a return to $8,000 — not seen for over seven weeks
https://ct.com/8iu3
https://ct.com/8iu3
Bitcoin is making a beeline for $9,000 as resistance barriers fall and daily gains hit 12%
https://ct.com/8ivv
https://ct.com/8ivv
The BTC/USD trading pair provides an essential fiat gateway to crypto markets. Thus, it is no surprise that these markets are some of the highest volume across the board. We took a look at the 7-day trading volume for BTC/USD on 10 exchanges to visualize how this volume is distributed. Coinbase dominates as the highest volume BTC/USD market, with Bitinex, Bitstamp, LMAX Digital, and Kraken in step with one another. Will BTC/USD trading volume further consolidate among a small few, or will it disperse as more exchanges step up their fiat-pair offerings?
Bitcoin price rallied $1,100, breaking through key resistance levels and convincing traders that $9,000 will be knocked out before the weekend
https://ct.com/8ixr
https://ct.com/8ixr
Bitcoin just hit $9,000, marking a staggering recovery of more than 130% from its March bottom
https://ct.com/8iy8
https://ct.com/8iy8
Record high spot volume, a breakout above key resistance levels, and institutional demand were among the factors for the 23% BTC price surge
https://ct.com/8iyo
https://ct.com/8iyo
Bitcoin Doubles Gold’s YTD Rate of Return in 1 Day as Gains Top 27%
Peter Schiff licks his wounds as Bitcoin smashes gold’s rate of return in its $9.4K bull run
https://ct.com/8izb
Peter Schiff licks his wounds as Bitcoin smashes gold’s rate of return in its $9.4K bull run
https://ct.com/8izb