Tags : Point

Bitcoin

Bitcoin ‘block times’ hit lowest point in 10 years after

Bitcoin ‘block times’ hit lowest point in 10 years after China mining ban | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Mining Bitcoin reached its slowest block time in 10 years on June 27th indicating a clear consequence of China’s mining ban. […]Read More

Bitcoin

Jack Dorsey’s Square has ‘no plans’ to purchase more Bitcoin

Digital payments company Square, led by Twitter CEO Jack Dorsey, decided to hit the brakes—at least for the time being—on Bitcoin (BTC) purchases after losing $20 million on its previous crypto investments, the firm’s CFO Amrita Ahuja told Financial News yesterday. “We don’t have any plans at this point to make further [Bitcoin] purchases. There […]Read More

Bitcoin

New Indicators Point to Bitcoin Sell-off Slowing Down

New Indicators Point to Bitcoin Sell-off Slow Down  As Bitcoin recovers from recent lows of $43,500, new indicators have shown that the sell-off may be slowing down. SOPR dips in “full reset”  For the first time since September 2020, the SOPR (Spent Output Profit Ratio) indicator dipped below 1. This indicator, which tracks the variation […]Read More

Bitcoin

JPMorgan co-president admits the demand for Bitcoin will come at

In a conversation with CNBC about Bitcoin, JPMorgan co-president Daniel Pinto said the demand for Bitcoin will come at “some point.” Albeit the message seems ostensibly optimistic, Pinto is implying that the demand for Bitcoin isn’t here just yet. What kind of demand for Bitcoin would be sufficient? The price of Bitcoin has increased by […]Read More

Bitcoin

S2F Creator: Bitcoin Has Yet To Reach “Point of No

After shaking off the worst selloff in months without a scratch, the current Bitcoin uptrend seems completely unstoppable. Despite the incredible momentum that took the cryptocurrency from $10,000 to $40,00o in a flash, the creator of the world’s most cited valuation model says the asset has yet to reach the “point of no return.” When […]Read More