Tag: Williams Bitcoin
Bitcoin L2 Stacks Implements Nakamoto Upgrade for Enhanced Network Functionality
The upgrade will increase Stacks’ transaction speed and enhance the network’s resilience against blockchain reorganizations.
Bitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuant
Miner selling activity surged as BTC briefly slipped to $49,000, and they incurred approximately $22 million in daily losses.
Bitcoin Leaves Exchanges in Droves as Daily New Addresses Increase
Although the BTC withdrawals from exchanges and the rise in daily new addresses are positive factors, some indicators suggest a price correction is imminent.
Bitcoin Miners Return to Profitability as BTC Continues Market Recovery: Bitfinex
The rise in the Miner Profit Sustainability metric will stabilize miners’ financial position and possibly positively influence the crypto market.
Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant
The fall in bitcoin selling pressure can be seen in the on-chain activity of short-term BTC holders and the balances on over-the-counter (OTC) desks.
Bitcoin Exchange Outflows Intensify as Market Recovers From Weekend Wipeout: Bitfinex
This report comes after the massive crypto crash during the weekend.
Bitcoin Could Skyrocket to $650K If This Happens, According to Willy Woo
Woo said self-custodial inflows are much bigger at the moment; hence, the $2.56 trillion market cap target is a lower-bound estimate.
Bitcoin Faces Sell-Side Liquidity Crisis as Demand Reaches Unprecedented Levels: CryptoQuant
With Bitcoin demand skyrocketing and sell-side liquidity falling, the liquid inventory of Bitcoin has plummeted to its lowest ever in terms of monthly demand.
Bitcoin Miner Hut 8 Appoints New CEO Weeks Following Short-Selling Report
J Capital Research called HUT an “obvious pump and dump target,” alleging that Hut 8 inherited “a pile of debt” from USBTC.
Bitcoin Price Recovers as Demand Remains Positive: CryptoQuant
Bitcoin’s price may have bottomed as its latest descent crushed the short-term holders’ unrealized profit margins to 0%.
