Category: Cryptocurrency

Market Capitalization of Bitcoin Crosses 80% of Silver’s Market Cap

Bitcoin has taken a substantial step in terms of substituting valuable metal since its recent rise in price, causing the cryptocurrency’s market capitalization to spike, ultimately crossing the 80% of the Silver market cap. According to CompaniesMarketCap provided data, it is, implied that the market cap of Bitcoin currently is at $1.112 trillion. Similarly, the

Bloomberg Experts Predict 2021 To Be A Bullish Year For Bitcoin

As the Q2 forecasts come for Bitcoin, experts and spectators were never this wrong before. As they predicted, Bitcoin’s jump in Q2 will not be so significant from its price. Some even believed the earlier predictions were still relatively too bullish and extremely unlikely for Bitcoin to possess. However, after the recent prediction, the market

XRP Price Continues To Rally Higher As It Tops $1.30

XRP has been moving with a renewed strength every day and has seen itself breaking into a new high in about three years. The price of Ripple has jumped above the mark of $1.30 for the first time in 3 years (2018). This serves as a notable milestone, and it comes while the market is

BNY Mellon Calls BTC Stock-to-Flow Model Worth Understanding

After reaching $60,000 in the previous month, Bitcoin now seems stagnant. The last bullish market that Bitcoin undertook added close to 500% to its value. Currently, recent reports have emerged that link BNY Mellon to be adopting a much significant look at Bitcoin’s stock-to-flow model. Last week BNY Mellon analysts expressed that even though the

Glassnode Data Shows Bitcoin Miners Add Another 8874 BTC

Glassnode, an on-chain market intelligence, has issued a new report recently mentioning that Bitcoin (BTC) miners are trying their level best in expanding the Bitcoin (BTC) volume as the data shows that miners have recently mined and added 8,874 newly Bitcoins (BTC). It is observed that minors are more interested in storing the newly mined