Search Results for "bitcoin supply scarcity"
Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations
Authorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province.
Bitcoin Price to Rally Higher as President Trump Signs $900 Billion Stimulus Bill
President Trump has signed the $900 billion pandemic relief bill, adding to the Fed's mounting debt catalyst for the Bitcoin (BTC) price to continue its sensational rally.
Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard
CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.
Bloomberg Analysts: Bitcoin Demand Supports $55,000 BTC Price and $1T Market Cap by 2022
Bloomberg's latest crypto outlook predicts the Bitcoin price will continue to advance into 2021 reaching a $50,000 target resistance, implying about a $1 trillion market cap.
EIP 1559 — ETH 2.0 and the Scarcity of Ethereum
EIP-1559 has sparked wide discussion within the Ethereum community and could be one of the major reasons ETH is starting to gain traction as a hedge against inflation.
VeChain and Alipay Join China-Australia Blockchain Supply Chain Project for Sustainable Shipping
A joint Australian-Chinese supply chain and trade finance project got a major boost last week as AliPay, Mastercard, and crypto firm VeChain joined the initiate.
Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates
Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders
Chainlink's Supply on Exchanges at a New Low Since 2017, Confidence in LINK Price to Surge is High
Chainlink’s percent of supply sitting on exchanges has seen a new low, with the lowest supply amount on exchanges seen since its ICO in September 2017
eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales
eToro has noted that it has more demand for Bitcoin (BTC) than its current supply can support and the possibility of rationing sales is high
Bitcoin’s Liquidity is Vanishing From Exchanges and Supply Crisis is Near, Bullish for BTC Price
Bitcoin ultimately has a total supply of 21 million coins, some of which has not been mined yet; considering lost coins, the actual supply is way fewer.
Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth
Bitcoin breached its key resistance of $7,300 today. Block halving, change in economic supply and an Ichimoku Kumo twist are driving the price forward. In this article, we analyze the price movement, the change in supply dynamics, and how BTC halvings have performed historically.
Glassnode Survey: 60% of Bitcoin Supply has been Immobile Showing Investors’ Hodling Behaviour
Glassnode, an on-chain analysis company, has revealed that 60% of Bitcoin (BTC) supply has remained inactive in more than a year. This considerable number shows the hodling tendencies adopted by investors, and a similar trend was witnessed in 2017 some months before the BTC price skyrocketed to a record high of $20,000.