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Crypto’s Richest 1% Fail to Hoard a Whole Lot of Bitcoin

When contemplating crypto whales, the knee jerk reaction is to automatically think, “lotsa bitcoin;” However, according to statistics from Intotheblock—a crypto intelligence company—BTC ownership may actually be less concentrated than most altcoins. Continue reading Crypto’s Richest 1% Fail to Hoard a Whole Lot of Bitcoin

Unknown Miner Controls 70% of BCH Hashrate

The Bitcoin Cash (BCH) network could be on the verge of a malicious attack after an unidentified mining pool assumed control of 70% of the blockchain’s hashrate. That’s according to data from Coin Dance, which shows 69.44% of the BCH hashrate under control of mining pools categorized as ‘other’. Continue reading Unknown Miner Controls 70% of BCH Hashrate

4 Bullish Signs in Favor of a Huge Santa Claus Rally

Bitcoin’s recent rise has sparked new hopes for BTC just in time for the holidays. Here are several signs that may indicate a Santa Claus rally is on its way. Bitcoin has been anything but bullish recently. Since it’s tantalizing reprisal back in June, the pioneer crypto has refused to advance anywhere but south, retracing by as much as 47%. Continue reading 4 Bullish Signs in Favor of a Huge Santa Claus Rally

Holders of Over 11 Million Bitcoin are Proving That Hodl Is Not Just a Meme

Many bitcoin traders laugh at the idea of HODL (holding on for dear life). They think that it is not a sound trading or investing strategy. If you buy and hold on the way down, it’s very likely that you’ll use the same approach on the way up. The rigidity of this method makes it difficult for many investors to lock in gains. Continue reading Holders of Over 11 Million Bitcoin are Proving That Hodl Is Not Just a Meme

The Cryptocurrency Market Suffers from Shockingly Low Levels of Liquidity

CoinMarketCap, the leading cryptocurrency data tracking services platform, recently rolled out a new metric, dubbed Liquidity. Its primary purpose is to provide the “real trading activity” of most of the cryptocurrencies and crypto exchanges in the industry. An early glimpse shows a lack of institutional investment, adding credibility to the belief that 99% of all cryptos are worthless. Continue reading The Cryptocurrency Market Suffers from Shockingly Low Levels of Liquidity