One of the most common narratives in the Bitcoin space is that it is completely uncorrelated with other financial markets. The reason is that cryptocurrency is largely separate from normal economic trends, and this makes it easy for many people to think that Bitcoin is not affected by, say, a recession. However, over the past …
The average transaction cost of Bitcoin has fallen below the price of $ 1 or around 14 thousand IDR, and has returned to levels not seen since before halving. According to data from the BitInfoCharts crypto analytics website, from May 20 to June 14, Bitcoin transaction fees (BTC) fell 91% from $ 6.65 to $ …
Former deputy governor of China’s central bank, Wu Xiaoling, said in an interview with local news media outlets that Bitcoin is perhaps the most successful use of the blockchain so far. Despite the government’s anti-crypto attitude and unwillingness to regulate cryptocurrency, China’s central bank, and other high-ranking officials have acknowledged and made efforts to raise …
Delta Exchange, a Singapore-based cryptocurrency exchange company, has announced the launch of a Bitcoin (BTC) / Tether (USDT) contract, which allows users to trade BTC futures contracts with USDT guarantees, starting on April 14, 2020 at 9:00 am. According to the company, the industry is experiencing a surge in demand for a stable digital currency …
Interest in the upcoming “Halving” event on the Bitcoin blockchain network (BTC) surged to a higher level than had ever been seen before. Data from Google Trends on April 14 showed an increase of 16% interest this year in the Halving event. This is higher than what happened in 2016 ago, when this event occurred. …