Bitcoin bulls were obliterated, but is it time to catch the falling knife?

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Low volatility and high on-chain losses for Bitcoin, but overall UTXOs in loss still have a way to go to match previous market bottoms. 400 Total views 5 Total shares Bitcoin (BTC) sellers may not have capitulated enough, but current trends are “typical” of the end of bear markets.According to data from on-chain analytics firm…

Dr. Richard Stallman is well-known for his free software movement activism. His speeches and work revolve around a term: freedom. And it is precisely that word that prompted Stallman to launch the GNU Project, founding the Free Software Foundation and releasing the GNU General Public License, among other projects, to promote the free software concept.RMS,…

Charles Hoskinson, a former CEO of the Ethereum Network and current CEO of IOHK, has announced that IOHK-supported project Cardano is rolling out version 1.6 within a few days’ time.Hoskinson teased the upcoming launch in a Twitter post on Aug. 13. Hoskinson also asked users to send screenshots and comments on the latest version of…

Crypto investors are betting big on real estate this year as the cryptocurrency market continues to grow. New York Digital Investment Group (NYDIG) recently conducted a survey that found that 46 million Americans own Bitcoin, equating to 22% of all adults. While optimistic, some cryptocurrency investors have expressed concerns regarding the security, custody and volatility…

Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO).Canaan was the first Bitcoin mining giant to go public on a major United States stock exchange, and successfully navigate an IPO. However, the mining giant’s stock has taken a severe beating since…

Bitcoin (BTC) miners now own more BTC than at any time since 2020 as the impact of the past months' turbulence wears off.According to data from on-chain analytics firm CryptoQuant, miners' BTC holdings increased dramatically in July.Miners keep stacking satsIn the latest sign of miners recovering from recent price weakness, the amount of BTC in…

The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult. 250 Total views 4 Total shares Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting…

As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For example, due to the restrictions imposed by governments all over the world such as border lockdowns, trade limitations and import/export reductions, economic movement…