Bitcoin Economic Activity Now 30% Higher Than At $20K Price

While Bitcoin transactions per day have hit a fresh 2019 high, a “better indicator” measuring transaction outputs reveals that economic activity on the BTC blockchain is currently at a record high. Another New Bitcoin Daily Transaction High for 2019 It took less tha a month for the Bitcoin blockchain to set another new high for this year with over 404,000 daily confirmed transactions, according to Blockchain.com. At the end of March, Bitcoinist reported that the

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Bitcoin is Up an Eye-Popping 720,000,000% Since Its First Recorded Price

The price is what usually comes to mind first when people talk about Bitcoin. But what was the first ever recorded price of a single bitcoin? And how much it has appreciated since? Bitcoin Leapfrogs Evolution of Money The evolution of money has historically gone through four key stages. From collectible to a store of value and then to a medium of exchange, and finally a unit of account (such as the US dollar today).

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Next Stop $6000? Bitcoin Price Hits New 2019 High

Bitcoin price has broken through key resistance reaching $5,600, a new 2019 high. This new level also adds further weight to the increasingly prevalent sentiment that the market is turning bullish. Bitcoin Price Hits Fresh 2019 Highs Bitcoin price (BTC) has hit fresh 2019 high breaking key resistance at the previous high of $5450. Bitcoin now truly appears to be climbing out of a bear market that began in January 2018 when the cryptocurrency saw

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Think Your Altcoin Will Beat Bitcoin ROI? Then Don’t Look at This Chart

bitcoin investment eye

Bitcoin dwarfs every other altcoin when it comes to return on investment (ROI) since initial exchange listing, data shows. Had you threw in just $100 bucks into BTC in 2010, you would be a millionaire today. Bitcoin ROI Shows Why They’re Called ‘Altcoins’ A new visual graph from DataLight perfectly illustrates just how impressive Bitcoin ROI (return on investment) has been over the past decade. Buying just $100 USD worth of Bitcoin in mid-2010 would

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Bitcoin Price Volatility Soars 200% in April

Bitcoin price volatility has tripled over the past 30 days as BTC/USD has made an impressive push above the $5,000 mark. At the same time, overall volatility is actually in decline as Bitcoin adoption spreads.  Bitcoin Price Volatility Triples in April The volatility of bitcoin price has surged nearly 200 percent from a monthly low of 1.26 percent to 3.31 between April 1 and April 2, according to Bitvol.info. Currently, the volatility stands at 3.54

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Russia is Realizing It Has No Clue How to Regulate Cryptocurrency

russia duma bitcoin cryptocurrency law

The proposed ‘digital assets’ law aims to “legalize ICOs” in Russia and is expected to be reviewed in May. But lawmakers are slowly realizing the futility of regulating Bitcoin and cryptocurrency that are un-regulatable by design.  Russia’s ‘Digital Assets’ Bill Would Legalize ICOs Earlier this week, Russia’s Deputy Finance Minister Alexey Moiseev shared his thoughts on the country’s developing cryptocurrency laws. Speaking on the sidelines at the Economic Forum in Yalta, the Minister says the

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More Than Gold: 7 Reasons Why Bitcoin is Prime ‘Digital Real Estate’

Bitcoin itself is already ‘real estate’ on the blockchain by quickly emerging as the first ‘digital property’ for an increasingly digital world. Bitcoin is ‘The Most Interesting Property’ Forget real estate on-the-blockchain.” Bitcoin already is. In fact, it’s the “most interesting property in the world,” writes General Partner at Blockchain Capital, Spencer Bogart. Looking closer, many similarities do exist between Bitcoin and real estate. Moreover, Bitcoin introduces some unique advantages that will surely come in

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UK’s Biggest Business Travel Agency Now Accepts Bitcoin

UK’s biggest travel management company is now accepting bitcoin for payments after “increasing demand” from clients. The move also hints that its retail travel giant parent-company Flight Centre Group could soon accept BTC company-wide. UK’s Biggest Travel Management Company Accepts Bitcoin Corporate Traveller is the UK’s largest travel management company dedicated to partnering with companies with small – medium travel spend requirements. Now it will be accepting Bitcoin (BTC) and Bitcoin Cash (BCH) payments for

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4 Reasons Why Delisting BSV Was the ‘Right Thing to Do’ for Binance

binance dex

Binance delisting Bitcoin SV (BSV) is forcing other exchanges like Kraken and Shapeshift to follow. Let’s take a look at the implications of this unprecedented move for the world’s biggest exchange.  ‘Satoshi’s Vision’ Should Have Seen It Coming Yesterday, the biggest bitcoin exchange by volume, Binance, announced it would delist Bitcoin SV (BSV) in a stunning move. Citing the failure to meet high standards, CEO Changpeng ‘CZ’ Zhao pulled the plug on the altcoin claiming

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