Central banks buying gold at record levels, but Bitcoin still outperforms

Crypto companies are going belly up left and right, and Bitcoin mining companies also appear to be taking on water faster than they can bail. In mid-June, Compass Mining CEO Whit Gibbs and chief financial officer Jodie Fisher abruptly resigned after allegations that the Bitcoin mining hardware and hosting company had failed to pay hundreds…

Analysts are anticipating Bitcoin’s second-largest negative difficulty adjustment of the year following the end of Sichuan’s rainy season. 1650 Total views 14 Total shares Mining data aggregators attribute a slump in Bitcoin’s hash rate to the end of the wet season in Sichuan, resulting in many miners migrating to other jurisdictions.On Oct. 26, Thomas Heller…

As Vitalik Buterin’s holdings represented a large portion of the circulating supply for some of the tokens, the sales resulted in huge price drops. 438 Total views 2 Total shares Own this piece of history Collect this article as an NFTEthereum co-founder Vitalik Buterin has gone on a shitcoin selling spree, exchanging nearly $700,000 worth…

While all eyes are on Bitcoin’s new all-time highs, some analysts are predicting four-figure Ethereum in the coming months. 671 Total views 2 Total shares While Bitcoin continues to push into new all-time highs, Ether has also tagged new year-to-date highs following news the Chicago Mercantile Exchange plans to launch ETH futures contracts in 2021.BTC…

While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the depositors’ bailout. 451 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank —…

Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for.Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have seen exponential growth over the past six months. In part, this is due to major institutional investors finally entering the markets in…

Despite the sizable dilution, the RIOT stock price has not moved much at the time of publication. 508 Total views 13 Total shares In a document filed with the United States Securities and Exchange Commission (SEC) on Thursday, Bitcoin (BTC) mining company Riot Blockchain announced that it would be selling up to $500 million worth…

The number of Bitcoin whales with the ability to affect the BTC price is approaching 2017 levels, when the token was ascending to $20K. 852 Total views 35 Total shares The number of investors holding an immense amount of Bitcoin is starting to approach levels the crypto community hasn’t seen since the cryptocurrency’s rally to…

Solana (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the U.S. Securities Exchange and Commission in the case contesting XRP’s position as a security. The token recorded gains of 48.09%, reaching a peak of $32.40 as news of the court ruling spread, before retracing below the $30.00…