Bitcoin Decouples From Gold, Has it Lost Safe Haven Status?
Bitcoin has plunged through key levels of support today dragging the entire crypto market down with it as usual. Gold conversely continues to rise, is BTC still a safe haven? Crypto...
Bitcoin Moves on Path to Money But Unit of Account a Long Way Off
Bitcoin is only a decade old but it has come a long way on the path to becoming money. A couple of metrics to consider are precision of spending and unit of account status. Bitcoin...
5 Reasons Why Bitcoin’s Correlation to SoV’s is Incredibly Bullish
Recent events have undoubtedly solidified the store of value sentiment for bitcoin. Its price correlation with other safe havens such as gold can be quantified and that is extremely...
2019 Monthly Lows Show Next Bitcoin Bull Market Will Be Stronger
This year has certainly been more fruitful for bitcoin price than 2018 was. That said, it has not shown any signs yet of returning to an all-time high. Looking at the lows may offer...
Bitcoin Has Been Profitable For 98.66% Of Its History
Bitcoin holders have made easier profits than traders who buy and sell it consecutively, according to data provided by Rhythm Trader. The prominent cryptocurrency analyst found that...
Obsidian Capital Partner: Bitcoin Will Break $1T Market Cap This Cycle
Arnie Hill, partner at Obsidian Capital VC Fund, believes bitcoin can attain a $1 trillion market capitalization in this current bull cycle. Bitcoin in 2017 Bull Run Territory In an...
Just 732,000 Bitcoin Addresses Own At Least 1 BTC
Bitcoin is piling in more than 732,000 addresses owning at least 1 BTC. Meanwhile, the top-100 BTC addresses are seeing more inflows that outflows of BTC. Bitcoin Attaining SoV Status...
Satoshi’s Vision ‘Not a New VISA’ But An Alternative to Banks, Says Dan Held
Bitcoin creator Satoshi Nakamoto wanted it to be an “alternative to banks,” not a “new VISA,” cryptocurrency veteran and former Blockchain executive Dan Held has said...
Bitcoin Has Netted 0.347% Profit Per Day For Holders Since 2011
Despite the decline of Bitcoin throughout the entirety of 2018, the world’s leading cryptocurrency’s daily average profit of 0.347 percent per day has been generous for its...
Bitcoin as a Store of Value Could be Worth $40K Within the Next Decade, Says Matt Hougan
Matt Hougan of Bitwise Asset Management believes that the price of Bitcoin could increase by 500 percent in the next ten years. Hougan hinges his prediction on the cryptocurrency...
San Francisco Fed Head: Crypto Is Not A Currency
The head of the Federal Reserve Bank of San Francisco believes that crypto lacks the core features required to define them as a currency. Late November and most of December last year...
World Gold Council Says Bitcoin Could ‘Undermine’ Central Banks
The World Gold Council claims Bitcoin—commonly referred to as “digital gold”—will never be as good as the real deal while admitting it could “undermine the tools used by...