Bitcoin, the first and most valuable cryptocurrency, is an entirely decentralized, deterministic computer network governed by code. Its value proposition is based on its supply being fixed and the economic law of scarcity. This particular digital asset is deflationary, as it has a fixed supply of only 21 million coins....
Uminers, a global mining infrastructure firm with operations across multiple jurisdictions, has released a report outlining key trends shaping the cryptocurrency mining landscape following the recent Bitcoin halving. The report highlights the increasing centralization of mining operations in specific regions, the importance of low electricity costs and hybrid strategies for...
Bitcoin has tanked below $110,000 for the first time in over two weeks. This leap represents a wave of new optimism in the crypto space. The boom in the global market, combined with relief, is causing that increase. At the same time, trade talks between the U.S. and China have...
Bitcoin, for instance, has a hard-coded monetary supply cap of 21 million coins. As a result, individuals view it as a superior store of value compared to fiat currencies, and particularly the US dollar. Digital scarcity is what makes that digital asset so valuable. As demand continues to increase, it...
Bitcoin halving events are an essential aspect of the cryptocurrency’s design, directly affecting the asset’s scarcity and long-term value proposition. These digitally coded occurrences lower the pace at which new bitcoins are mined, affecting everyone from miners to long-term investors. Here’s a breakdown of how Bitcoin halving works, what it...
Corporate investment in Bitcoin is through the roof. One firm has been particularly aggressive with a controversial strategy of purchasing more than half of daily production from miners as a way of essentially “synthetically halving Bitcoin.” This hoovering-up on a massive scale, combined with quite deliberate investments from competitors, is...
Bitcoin is on the precipice of a supply crisis as exchange reserves continue to dwindle and institutional demand skyrockets. The experts pointed out that this development could mean a major price jump for the crypto asset. This perfect storm of conditions is driving anxiety over an imminent oil supply shock.Samson...
Year-to-date, corporations and businesses are now the largest net buyers of Bitcoin. They’ve outdone even exchange-traded funds (ETFs) and the retail investor in this run-up. Corporate adoption is on a bucks-in-their pockets spree, and it’s personalizing the Bitcoin market. This transition will have interesting implications for Bitcoin’s supply schedule and...
Ethereum just blasted into a new trading range! On the other hand, Bitcoin is on the verge of starting a new price discovery uptrend, says crypto analyst Rekt Capital, 546,700 X followers. According to the analyst firm, any decline in Ethereum would confirm $2,200 as Range Low support. Bitcoin must...
Bitcoin's next halving event is projected to occur in March 2028, an event that historically has significantly impacted the cryptocurrency's price and market dynamics. For starters, Bitcoin has a predetermined and limited supply of 21 million coins. By 2028, about 20.5 million of those will be in circulation, making the...
