Bitcoin News

September 01, 2023

Bitcoin heads for red September, but analysts tip October as ‘days to watch’

While history shows September isn’t usually great for Bitcoin, analysts urged investors to look to mid-October.   Bitcoin investors could be in for a tumultuous ride. […]
August 31, 2023

Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation

The Republican presidential candidate also pledged to rescind all federal regulations that fail a new Supreme Court test, a potential positive for crypto.   Bloomberg analysts […]

Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hash rate increases

Cambridge researchers have revised the widely cited index in response to evidence indicating periodic overestimation of Bitcoin mining’s electricity consumption.   The Cambridge Bitcoin Electricity Consumption […]

Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the Securities and Exchange Commission.   Bloomberg analysts […]
August 28, 2023

Bitcoin revenue per terahash nears record lows as hashrate soars

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.   Fenix International, the parent company of OnlyFans, […]
August 26, 2023

ARK, Glassnode propose Bitcoin economic analytics framework using new metric

In Cointime Economics, the time Bitcoin has been held is considered when it is transacted, giving hodlers’ transactions greater weight.   ARK Invest and Glassnode have […]
August 23, 2023

Chinese official sentenced to life in prison for Bitcoin mining, corruption

Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.   China’s uncompromising stance on illicit cryptocurrency operations […]
July 25, 2023

Deribit’s Bitcoin volatility index hits lifetime lows, hinting sideways action

The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021.   The future-looking Bitcoin […]

Crypto investors cool on Bitcoin funds, turning to Ether and XRP

Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.   According to […]

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