Bitcoin Number Of Sellers Drops To A Minimum At Current Levels – Time For BTC...
Bitcoin’s short-term price direction remains uncertain, as analysts and investors are divided on whether BTC will break into a new all-time high (ATH) or face selling pressure into lower prices. The price has been trapped in a narrow range for the past twelve days, holding above $94K and below the $100K mark, with neither bulls […]
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Bitcoin short-term supply continues to shrink further as the amount of BTC changing hands drops down to 2015 levels. Bitcoin Short-Term Supply Declines To 2015 Levels As per the latest Arcane Research report, the BTC supply shock continues as the number of coins changing hands drops down to levels not seen since 2015. The “number […]
The current minimum wage in Venezuela is still just US$12.84. Hyperinflation has been plaguing the Venezuelan economy for quite some time now. It is also one of the reasons why the government decided to mint new coins and banknotes. The next step in the long recovery process is hiking the minimum wage by 50%. An intriguing decision that can affect Bitcoin adoption in the country. President Nicolas Maduro shocked the world by hiking Venezuela’s minimum wage all of a sudden. It is not the first time this happens, although the latest 50% increase seems rather steep. In fact, it is the fifth....
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that are equivalent to $140 million versus the 2019 equivalent of $1.78 billion. According to data that was shared by Jameson Lopp, the CTO at Casa, this marked decrease in the number of reported thefts means “bitcoin security appears to be improving.” The CTO also clarifies the meaning of the term....
The bulls had the advantage, the bears failed to hold the level of $10. Will the short-term upward trend keep up? The short-term growth dynamics have formed due to the absence of demand from the sellers. The former level was profitable for deals focused on the medium-term downward trend. This point could be the cut off for a lot of sellers, but the buyers were still more numerous. The current trend will keep up until the Bears win the advantage. The most likely point for that to happen is $11.4. If the Bulls fail to hold Ethereum’s price at that level, there will be a decline to the....
Tel Aviv-based global professional freelancer services marketplace Fiverr has secured a US$60 million investment from its Series D funding round, led by Square Peg Capital in partnership with existing investors Accel, Qumra Capital and Bessemer Venture Partners to "remove the final barriers to bringing the freelance economy online." As a part of its initiative, Fiverr for the first time announced that all freelancers on its platform will soon be able to set their own Gig prices, rather than being forced to offer a $5 minimum charge. In the upcoming weeks, Fiverr will also introduce....