Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says GlassnodeBitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points. Simultaneously, […]

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2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment

2 Days After the Bitcoin Halving: Network 'Remains Strong,' Higher Fees, Bullish SentimentOn May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially. Despite the rising fees, the research firm […]

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The Daily: Uber Meets Bitcoin, Basis Stablecoin Shuts Down

The Daily: Uber Meets Bitcoin, Basis Stablecoin Shuts DownIn Thursday’s installment of The Daily, we report on a highly anticipated stablecoin project that’s failed before it’s even launched, and explore the strangely centralized world of crypto Twitter. First though, we’ll start with the news that a third party app has made it possible to pay for your Uber ride using BTC. Also read: Benchmark […]

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