MrBitcoin September 9, 2019

The number of BTC awarded to miners for adding blocks to the Bitcoin blockchain is set to decrease next year. These so-called halving events occur about every four years and are part of the cryptocurrency’s distribution schedule. The next halving, expected in May of 2020, will be Bitcoin’s third. The previous two halvings resulted in […]

MrBitcoin September 7, 2019

The hype surrounding the imminent launch of Bakkt’s physically settled Bitcoin futures platform may not be unwarranted, as it now appears that some of the biggest BTC whales in the market are transferring their massive holdings into Bakkt’s warehouse custody solutions. Assuming that the platform’s launch is met with great utilization, it is highly probable […]

MrBitcoin September 4, 2019

One of the current negatives in the crypto industry is the tribalism and Bitcoin bickering between rival clans online. While healthy discussion on the pros and cons of virtual money should be encouraged, it often deteriorates into digital mudslinging which detracts from the real issues at hand. Schiff vs Pomp in Bitcoin Battle Goldbug Peter […]

MrBitcoin August 30, 2019

UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds.  The company is no stranger to […]

MrBitcoin August 29, 2019

Recently, the crypto market fear and greed index hit its lowest point in history, despite Bitcoin price trading above $10,000 and at that point had yet to break down. The fear was mostly driven by altcoin holders who have been selling any remaining bags at a substantial loss at an alarming rate. While even altcoins […]

MrBitcoin August 27, 2019

After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting. Analysts are now noting that $10,900 is a key region of […]

MrBitcoin August 21, 2019

Bitcoin miners in China already have to deal with a government that wants to stamp out their industry. Add to that natural disasters such as flooding and landslides, and they have a full plate to contend with. Sichuan Bitcoin Farms Hit by Floods According to government services, monsoon flooding in China during July and August […]

MrBitcoin August 15, 2019

After facing a significant amount of downwards pressure, Bitcoin (BTC) capitulated yesterday and fell to lows of roughly $9,500 before bouncing and reclaiming its position above the key $10,000 price level. Now, one prominent analyst who predicted the bull run that was witnessed throughout the first half of 2019 is now claiming that Bitcoin may […]

MrBitcoin August 13, 2019

Bitcoin has had near non stop bullish momentum throughout 2019, but the altcoin market hasn’t been near as fortunate – sans a couple of outliers. The sentiment surrounding altcoins is in the gutter, and prices of even top altcoins have continued to drop in USD value and even more so in their BTC ratios. Even […]

MrBitcoin August 11, 2019

Bitcoin’s recent ascent has proven to be a negative thing for the aggregated crypto markets, as it has led most altcoins – including major ones like Ethereum (ETH) – to plummet as BTC continues to garner greater dominance over the markets. Now, analysts are noting that Ethereum could still see some bullish price action in […]