Understand why proof-of-stake algorithms is taking over the crypto space and the different ways of staking. And delve deeper into how you as an investor can grow your wealth significantly by contributing to cryptocurrencies that use proof-of-stake mechanisms.
The Number of Bitcoin Whales with More Than 1,000 BTC to Their Name Is Increasing Exponentially. Is the Trend Signalling Another Bull Run for Bitcoin?
The number of Bitcoin addresses holding at least 1,000 bitcoins is continuously following an upward trend starting from January 2019 all the way up to this month. This likely means another Bitcoin Bull Run is about to begin. It could also mean much more than that for not only institutional investors, but also for you, the individual investor.
On today’s episode of The Pomp Podcast, Pompliano continues to get into deep discussions with Jim Cramer about Bitcoin and other cryptocurrency projects and explains how he was able to convince one of the investing world’s biggest and loudest personalities why digital currencies and blockchain technology are the next frontier.
In the latest twist of the QuadrigaCX saga, Ernst & Young (trustee in the bankruptcy case) hired Kroll Associates (a blockchain analytics firm) to probe the blockchain for additional clues on where all the missing money went. In return, Kroll will receive up to $50,000 USD for their efforts.
Bitcoin’s detractors have reason to be dancing in the streets these days as the world’s leading decentralized currency is going down through its latest price. Bitcoin is now hovering around $10,000 USD after reaching its most recent peak of $12,000 USD. But many believe the music is about to stop, and that the next Bitcoin Bull Run is coming sooner rather than later.
Whopping 3 Million Bitcoin Addresses Hold At Least 0.10 Bitcoin. What This Means for Cryptocurrency Investors
New data from Glassnode, a Bitcoin analytics firm, suggests that no fewer than 3 million Bitcoin addresses hold at least 10% of a full Bitcoin in a wallet. The inherent message within that data is clear: Bitcoin adoption is gaining steam year-over-year.