Nearly half of Bitcoin in circulation has not moved in two years
Retail investors are likely buying up supply to hedge against economic downturns Over 60% of the Bitcoin supply has not been moved in over a year, data has shown. According to on-chain analytics provider Glassnode, 42% of Bitcoin supply has remained in wallet...
Trump Told Treasury Secretary Mnuchin to ‘Go After Bitcoin’ – Former National Security Advisor John Bolton Says
Former national security advisor John Bolton has reportedly revealed in his upcoming book an instruction about bitcoin that President Donald Trump gave to Treasury Secretary Steven Mnuchin. The U.S. Justice Department has filed a lawsuit against Bolton to stop the...
Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance
Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the...
Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance...Interesting 13
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