Derivatives trading makes bitcoin a “time bomb”

Source: gold cross data original title: derivatives trading makes bitcoin a “time bomb”. Since December last year, bitcoin trading volume has exploded. You know what? Most of these transactions take place in derivatives markets. Currently, derivatives trading is leading bitcoin trading. The largest crypto derivatives exchanges are binance, Huibi, okex and bitmex, which together account … Continue reading “Derivatives trading makes bitcoin a “time bomb””

The price of Ethereum breaks the record high and the transaction volume exceeds bitcoin. Does it mean anything?

Ryan Watkins, a researcher at messari, tweeted that Ethereum’s daily trading volume grew in a parabola. Now, it settles $12 billion a day, three billion more than bitcoin. The amount of trading volume is very important for the price and development of a project; if the transaction volume of a project is very small, I … Continue reading “The price of Ethereum breaks the record high and the transaction volume exceeds bitcoin. Does it mean anything?”

Block 666666 of bitcoin (BTC) writes the scripture “don’t be conquered by evil, but conquer evil with good”

#Bitcoin excavated block 666666 and carried biblical texts as information. Last night, block 666666 of bitcoin was mined, which contains the sender’s message: “don’t be conquered by evil, but conquer evil with good.” this is a biblical scripture, from Epistles to Romans, 12:21. Bitcoin this message is embedded in what is called Op_ In the … Continue reading “Block 666666 of bitcoin (BTC) writes the scripture “don’t be conquered by evil, but conquer evil with good””

Throw away 7500 bitcoin, this programmer loses 1.7 billion, want to dig rubbish but be rejected

Since 2020, bitcoin has soared together with Tesla, but the latter is obviously much more stable and has not experienced a sharp drop. And the former, because of its own and market particularity, has had many times of sudden rise and fall. And every time the price fluctuates greatly, many people who play leverage lose … Continue reading “Throw away 7500 bitcoin, this programmer loses 1.7 billion, want to dig rubbish but be rejected”

What is the relationship between hierarchical rebate + pledge mining machine digging bitcoin and pyramid selling crime?

Author: Mr. Zeng Jie, defense lawyer of financial crimes, senior partner of Guangqiang law firm and director of defense and research center of illegal fund-raising cases, Lu jiepei, researcher of defense and research center of illegal fund-raising cases of Guangqiang law firm. With the increasingly hot trading of bitcoin / Ethereum and other digital currencies … Continue reading “What is the relationship between hierarchical rebate + pledge mining machine digging bitcoin and pyramid selling crime?”

The trend of bitcoin still fails to rise significantly, and it will fall back

No matter what we do, since we have chosen, we should believe in ourselves, our own vision and our own judgment! Only in this way can you have a goal and a direction. Confidence is very important. If you don’t believe yourself, you won’t succeed in what I want to do. [market review] yesterday, the … Continue reading “The trend of bitcoin still fails to rise significantly, and it will fall back”

The value of bitcoin is fluctuating. Is the myth of buying and selling mining machines going on?

Bitcoin is close to crazy currency value, which makes countless people dream of getting rich overnight. Mining bitcoin requires a lot of computing power. Mining machines specially designed for mining will sell well with the appreciation of bitcoin. From December 26, 2020 to the beginning of 2021, the currency value of bitcoin has risen from … Continue reading “The value of bitcoin is fluctuating. Is the myth of buying and selling mining machines going on?”

Ark invest: a new framework for evaluating bitcoin through on chain data

This paper is co authored by David puell (@ kenoshaking). David is a full-time cryptocurrency enthusiast, chain analyst and market researcher. David is known for opening up new areas of on chain analysis, creating the original bitcoin valuation metrics, including MVRV ratio, Purell multiple, and average token dormancy. Bitcoin cannot be fully integrated into the … Continue reading “Ark invest: a new framework for evaluating bitcoin through on chain data”

Preston pish: the forecast that bitcoin (BTC) will reach $10 trillion in market value is too conservative

Investors and podcast Preston pysh said anyone predicting a $10 trillion market capitalization of bitcoin underestimated the leading cryptocurrency. In a new interview with saifedean ammous of the bitcoin standard podcast, bitcoin pysh predicted that the total market value of leading cryptocurrencies could eventually soar to more than $100 trillion. “I’ll tell you a lot. … Continue reading “Preston pish: the forecast that bitcoin (BTC) will reach $10 trillion in market value is too conservative”

The price of bitcoin (BTC) is still fluctuating. When will it reach an all-time high?

BTC ා bitcoin ා continued to consolidate horizontally and showed high volatility. Over the past 24 hours, prices have risen 2.74% to $37245. The market value has risen to $685 billion, and bitcoin’s dominance has risen slightly to 66.27%. BTC / USD bitcoin trader “ytedd” warned that bitcoin may now be charting bullish patterns before … Continue reading “The price of bitcoin (BTC) is still fluctuating. When will it reach an all-time high?”

Bitcoin & mainstream currency: wave like rise in the short term, and there is room for replenishment in the later period

Brief comment on information Wang Yongli: the choice of digital currency can only be the digitization of legal tender. Recently, Wang Yongli, chief economist of Haiwang Group and former vice president of Bank of China, said in an interview that the essence of currency is general equivalent, serving for exchange and playing the role of … Continue reading “Bitcoin & mainstream currency: wave like rise in the short term, and there is room for replenishment in the later period”

Viewpoint: it is suggested that digital assets such as bitcoin be included in the national strategic material reserve catalogue

According to Wu, a blockchain microblog, on January 18, Mou Tong, a lawyer with Sichuan Zeren law firm, suggested that digital assets such as bitcoin should be included in the national strategic material reserve catalog. As a member of the NLD, Mr. MOU will write and submit the proposal to relevant departments. According to reports, … Continue reading “Viewpoint: it is suggested that digital assets such as bitcoin be included in the national strategic material reserve catalogue”

Bank of America survey: bitcoin bulls overtake “tech bulls” to become the hottest deal in January 2020

According to AI news, the Bank of America’s monthly fund manager survey on Tuesday showed that bitcoin bulls surpassed “technology bulls” and became the hottest transaction in January 2020, the first time that “technology bulls” were defeated since October 2020. Daily economic news

The daily transaction volume of Ethereum network is 28% higher than that of bitcoin

According to messari, an encryption analytics firm, the daily transaction volume on Ethereum is now 28% higher than that on bitcoin. On January 19, researcher Ryan of messari Watkins tweeted that the daily transaction volume on the Ethereum network “is growing in a parabola”. A chart attached to the tweet shows that in the past … Continue reading “The daily transaction volume of Ethereum network is 28% higher than that of bitcoin”

Bitcoin enters convergence terminal, etheric pioneer takes the lead

With 24 hours to go, U.S. time will enter 1.20, and Biden will officially enter the stage of history. After a small step back in the US stock market yesterday, the Dow Jones industrial index, that is, the US stock futures, has fully compensated for the decline of last night, which indicates that the bull … Continue reading “Bitcoin enters convergence terminal, etheric pioneer takes the lead”

Data show that although bitcoin’s price has risen nearly 300%, its mining difficulty has not changed much

Today, bitcoin bulls hit back after the weekend’s fall. Although it was only a small increase of 2.46%, it is still good news considering the panic caused by last week’s sell-off. Despite the recent turmoil, bitcoin’s macro performance has been impressive since the end of the third quarter of 2020. Although bitcoin was only about … Continue reading “Data show that although bitcoin’s price has risen nearly 300%, its mining difficulty has not changed much”

Will bitcoin keep going up? The United States provided fuel and drew a red line

In the past two months, bitcoin has taken off from breaking through $20000, and has defeated the $30000 and $40000 levels, soaring 180%. As investors rush in, the Bank of America asks, when will bitcoin peak? Some people think that if you visualize the bubble of recent decades, there is no doubt that bitcoin is … Continue reading “Will bitcoin keep going up? The United States provided fuel and drew a red line”

Bitcoin market goes bad, and $40000 is the key to success or failure

Editor: qinmeng bitcoin pared some of its gains after setting a record and finally traded at $38885, up 9.1% from the previous day. The cryptocurrency has risen by more than 30% since the beginning of 2021 and has soared 400% in the past 12 months. Many bitcoin bulls say the cryptocurrency, similar to “digital gold,” … Continue reading “Bitcoin market goes bad, and $40000 is the key to success or failure”

Data: the number of addresses with more than 1000 bitcoin hit a new high in nearly two years

On January 18, the number of wallets with at least 1000 bitcoins has soared to 7.2% since December, according to arcane research’s glassnode data. In contrast, the number of cryptocurrency whales increased to 6.7% throughout 2020, taking 11 months. There are 2318 encrypted wallets with more than 1000 bitcoins, according to bitinfocharts. As of press … Continue reading “Data: the number of addresses with more than 1000 bitcoin hit a new high in nearly two years”

Bitcoin went sideways for four consecutive days, and supply and demand returned to balance

The $35000 line is just the middle line between $40000 and $30000. Bitcoin’s ability to stand firm in this position in the middle of this month shows three points: first, the record high price of bitcoin has activated speculative buying, and major funds have actively sought currency, and the supporting price has not fallen below … Continue reading “Bitcoin went sideways for four consecutive days, and supply and demand returned to balance”