Bitcoin Utility Grows During The Bear Market


On-chain data shows that the current market cycle is unique, with more Bitcoiners transacting peer-to-peer and outside the realm of exchanges. One of the principal aspects of on-chain analysis is to examine transactions over the network. Unlike exchange-involved transactions, which often lead to price volatility, transactions outside of exchanges demonstrate the network utility as possible … Read more

Record Mining Difficulty Shows Industry Growth Despite Bitcoin Bear Market


The bears can’t keep miners down as data shows increasing hash rate — which could lead to some uncomfortable hash price realities. Bitcoin may be in a bearish market, but the mining industry is growing bigger than ever. Bitcoin mining difficulty set a new record high for the sixth time this year on Tuesday, reaching … Read more