Summary Over $20 million in Bitcoin shorts were liquidated yesterday as Bitcoin climbed past $9,000. Bitcoin is now trading in the $9,500 range. Bitcoin has... Read More
Bitcoin News
Bitcoin (BTC) is the first open-source digital currency. Released by Satoshi Nakamoto in 2009, Bitcoin is now the largest cryptocurrency by market cap. The currency has a fixed market cap of 21 million BTC. Bitcoin runs on a POW blockchain using the SHA-256 mining algorithm.
Summary The Grayscale Bitcoin Trust bought 18,910 Bitcoins since May 11th. However, only 12,337 Bitcoin have been mined since the halving. Institutional interest in the... Read More
Summary 50% of Bitcoin CME open interest is set to expire this Friday. CME Bitcoin futures have seen a surge in popularity recently. Half of... Read More
Summary The Bitcoin network hash rate has fell 25% from the all-time high. Hash rate has decreased significantly since the Bitcoin halving event. The Bitcoin... Read More
Summary The MZM Money Stock measures the liquid money supply in the current US economy. The MZM Money Stock is up over 20% or $3.7... Read More
Summary Bitcoin inflation rate to match gold this year. The Bitcoin halving slashed the inflation rate to 1.8%. Bitcoin’s portrayal as the “digital gold” has... Read More
Summary A single Bitcoin transaction has an electricity consumption of 549 kWh. The total electricity used to mine Bitcoin rivals that of the entire country... Read More
Summary Total Bitcoin tokenized on the Ethereum blockchain is over 4 times than that of Bitcoin’s Lightning Network. There are 3,850 WBTC tokens on the... Read More
Summary The Grayscale Bitcoin Trust has seen a surge in Q1 2020. Grayscale’s Bitcoin trust is the most popular digital asset offered. Barry Silbert, CEO... Read More
Summary Canaan Creative reports net loss of $5.6 million for Q1 2020. Losses are down from $9.5 million in Q1 2019. China-based Bitcoin ASIC manufacture... Read More
