Billionaires Mark Cuban and Tyler Winklevoss debate about Bitcoin’s complexity in comparison to basketball. Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption. In the same vein, two key figures…
Read more
The 12-month relative strength index has never read lower just one month before a Bitcoin block reward halving, says stock-to-flow creator PlanB. Bitcoin (BTC) has never been so oversold in the last month before its block reward halving, one important indicator shows. In an ongoing Twitter debate on April 11, the analyst known as PlanB…
Read more
Experts say the correlation between Bitcoin’s value and its network hash rate is primarily long term, and price surges are not always apparent. Following an enormous drop in Bitcoin’s (BTC) network hash rate back on March 26, the premier currency’s hash rate increased between April 4 and April 6 by at least a whopping 33%,…
Read more
The first Bitcoin SV halving sees hash rates drop by more than 50% with BSV price failing to get a boost. Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a…
Read more
Bitcoin Satoshi’s Vision completed its first halving, reducing its block reward to 6.25 BSV. Bitcoin Satoshi’s Vision (BSV) just finished its first halving, roughly two years after forking from Bitcoin Cash (BCH) in 2018. BSV completed its halving at approximately 01:30 UTC. This event marks the reduction of the coin’s block reward from 12.5 to…
Read more
The first Bitcoin Cash halving sees miner exodus, declining profitability and no significant upward price action. The quadrennial block reward halving for Bitcoin Cash (BCH) has come and gone, with miner rewards dropping from 12.5 BCH to 6.25 BCH. The event marked a pivotal moment for the fifth-ranked cryptocurrency by market capitalization, as it was…
Read more
In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to protect wealth in the upcoming future. In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to preserve wealth in the upcoming future. Pompliano reconfirmed his bullishness on Bitcoin, revealing he bought…
Read more
The case for an immediate Bitcoin price spike after the halving in May is flawed, past data shows. The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does…
Read more
Bitcoin mining’s difficulty will decrease tomorrow, and it may be an ominous sign for the coin’s price. On March 25, Bitcoin (BTC) mining difficulty will decrease. The last time a downward adjustment took place, Bitcoin price plummeted more than 50% percent. Bitcoin difficulty Bitcoin’s difficulty is designed to adjust every 2016 blocks — or approximately…
Read more
The head of operations at Genesis Mining thinks the value of Bitcoin as a hedge against banks may grow in face of economic meltdown. Philip Salter, head of operations at Genesis Mining, believes that economic meltdown may lead to a growing value for Bitcoin as a hedge against the banks. In the last couple of…
Read more
