Category Archive For "halving"
Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too.
Amid this current crisis, the Bitcoin halving highlights core differences between fiat and crypto monetary systems and the distribution of power in both.
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving.
A crypto asset analyst said that the Bitcoin Cash hashrate fell by 30% since having and only accounts for about 2% of the SHA-256 hashrate
Bitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if another pullback occurs.
Bitcoin volatility and volumes are cooling off post-halving while a break in either direction could open the door to new market cycles.
Crypto data company The TIE posted data showing the positive tweets about Bitcoin following the rewards halving are at an all-time high.
Bitcoin’s resiliency following its halving suggests that many investors have started looking at it as a legitimate hedge against inflation