Bitcoin Insights

2023-03-01 13:58:37 Over 20% of American adults own crypto and a majority see a need to update the financial system, Coinbase survey reveals.

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2023-02-28 15:08:47 After Bitcoin bear market bottoms, we tend to see a month of drastic price appreciation followed by a month or period of consolidation.

Nov '22 = Bottom
Jan '23 = 40%
Feb '23 = 1%

Dec '18 = Bottom
Feb '19 = 11%
Mar '19 = 7%

Jan '15 = Bottom
Feb '15 = 18%
Mar '15 = -4%

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2023-02-26 14:37:55 Solana Network Stumbles, On-Chain Trading Slows After ‘Forking’ Incident

Infrastructure operators on the Solana network rushed to right the struggling blockchain early Saturday after a tech issue throttled users’ ability to trade crypto, transfer assets, or do anything on-chain. The blockchain started “forking” (creating conflicting versions of its transaction history) at around 00:53 New York time, according to Solana’s Discord server. Shortly after that validators’ RAM began increasing while the chain’s transaction throughput fell off a cliff.

Link

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2023-02-24 21:32:30 SEC Chief Gensler hinted in an interview with New York Magazine that he thinks Ethereum could be classified as a security.

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2023-02-23 11:05:09 Bitcoin’s dominance has been on the rise recently. One of the factors that might be helping its rebound in this cycle is the regulatory environment and the clarity US investors have around Bitcoin as a commodity.

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2023-02-21 15:45:46 Between 25k-26k, there are ~14K #BTC  short positions.

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2023-02-20 10:05:32 Pakistan Defence Minister acknowledges country has already gone bankrupt

Many of the country's biggest companies have halted operations due to forex shortages

The country faces a crippling economic crisis, with decades-high inflation and critically low foreign exchange reserves depleted by continued debt repayment obligations.

Pakistan needs

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2023-02-19 21:45:09 Bitcoin is worth more than Visa.

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2023-02-19 15:56:12 The Chinese central bank injected $92bn USD into the market on Friday!

This easily outpaces the Fed’s current QT.

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2023-02-18 11:56:29 The NBA star Paul Pierce has been fined $1.4 million by the SEC for promoting Ethereum Max.

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