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Category: BTC Price

Bitcoin On-Chain Analysis: NVT Shows Legitimate Network Growth

In this article, BeInCrypto takes a look at on-chain indicators, more specifically the Network Value to Transaction (NVT) ratio. This is done to try and determine if the current price movement for bitcoin (BTC) is supported by the change in transaction volume.

The post Bitcoin On-Chain Analysis: NVT Shows Legitimate Network Growth appeared first on BeInCrypto.

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Breaking: Satoshi Nakamoto’s Website Gets Hacked, Scammers Run BTC Giveaway Scam

Bitcoin.org, the oldest cryptocurrency website registered by the pseudo-anonymous creator of Bitcoin Satoshi Nakamoto was hacked earlier today. The hackers then ran a BTC giveaway scam promising to return double the amount of BTC that users send to the mentioned address. The scammers reportedly managed to collect $17,764 before the website was taken down. It

The post Breaking: Satoshi Nakamoto’s Website Gets Hacked, Scammers Run BTC Giveaway Scam appeared first on Coingape.

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Breaking: MicroStrategy Buys Additional 5K Bitcoin ($BTC) Worth $243 Million

Microstrategy has continued its Bitcoin buying streak in September as the company bought an additional 5,050 BTC worth $242.9 million at $48,099 per $BTC. The latest purchase takes MicroStrategy’s total Bitcoin investment to over $3 billion. This would also mark the Fortune 500 companies’ biggest one-time cash purchase. The company now holds a total of

The post Breaking: MicroStrategy Buys Additional 5K Bitcoin ($BTC) Worth $243 Million appeared first on Coingape.

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Bitcoin ($BTC) Network Set to Consume as much Energy as Pakistan in 2021: Bloomberg

Bitcoin ($BTC) price continued to slump further in the second week of September and currently trading under $45K. The top cryptocurrency’s bullish run in August is facing a big hurdle in September, but what could cause more trouble for the top cryptocurrency is the recent energy consumption report of the network. A recent report from

The post Bitcoin ($BTC) Network Set to Consume as much Energy as Pakistan in 2021: Bloomberg appeared first on Coingape.

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