83% of Bitcoin Addresses Currently Profitable, Says Glassnode

At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable – a low for 2020. Per the new data, the highest proportion of addresses in profit this year reached 89% on June 1, when the price of bitcoin rose above $10,400, it’s highest level in nearly four months. Bitcoin investors are, however, not as…

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Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight

This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than Bitcoin users. Digital currencies like bitcoin, ethereum, bitcoin cash, and litecoin all have a network or miner fee associated with sending each and every transaction. This means in order to send a fraction of bitcoin (BTC), there must be enough BTC in the wallet to…

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Julian Assange’s U.S. Extradition and Bitcoin’s Battle for Freedom of the Internet

WikiLeaks founder Julian Assange is currently being held on remand in a London maximum-security prison, solely on the basis of a U.S. extradition request. Assange has been charged with 17 counts of espionage related to WikiLeaks’ 2010 to 2011 publications concerning the U.S. wars in Iraq and Afghanistan, embarrassing U.S. diplomatic communications and evidence of torture in the Guantanamo Bay detention camp. Assange’s U.S. extradition case is recognized by free speech groups as the most important press freedom case of the 21st century. As the aggressive judicial overreach of this…

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Jim Rogers Discusses Bitcoin as Money and Why Governments Will Stop Crypto

Jim Rogers, who cofounded the Quantum Fund with billionaire investor George Soros, has shared his view on bitcoin, its use as money, and governments’ response to the growing use of cryptocurrency. He predicts that central banks will not let uncontrolled money be used. Jim Rogers Talks Bitcoin Famous investor Jim Rogers shared his prediction about the future bitcoin and cryptocurrency in an interview with Asahi Shimbun Singapore branch manager Koji Nishimura, published on Friday. Rogers cofounded the Quantum Fund in 1973 with billionaire investor George Soros, which was considered one…

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Average Price of Bitcoin More Than Quadrupled Between Reward Halvings

Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010. One specific and lucrative method of investment is dollar-cost averaging. If an individual was to invest $10 a week into purchasing bitcoins since July 2010, the $5,130 USD (overall cost of investment) would have purchased 3,040 BTC, giving the individual over $29 million worth of gains in a decade. Purchasing Bitcoin Via the Dollar-Cost Average Method Between Halvings There is one method of investment that many crypto…

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7-Eleven, CVS, Rite Aid: Libertyx Adds 20,000 Stores to Buy Bitcoin With Cash

Libertyx has expanded its network to include 20,000 7-Eleven, CVS, and Rite Aid Pharmacy stores where customers can buy bitcoin with cash. They can also buy bitcoin using debit cards at one of Libertyx’s vast network of ATMs, bringing the total of locations to 25,000 across 45 U.S. states. Buy Bitcoin at 7-Eleven, CVS, Rite Aid via Libertyx Libertyx has announced a significant expansion of its network of U.S. locations where customers can buy bitcoin. The company said on Monday that it has added 20,000 cash-accepting retail locations to its…

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CryptoAltum, The CFD Trading Platform With 1:500 Leverage

CryptoAltum, a popular MT5 platform, executes trades using market execution with all trades filled at the best available price in the market. The company uses Fill or Kill orders meaning orders are filled entirely at the best available price, with no partial fills and a 100% execution rate. Fills All Trades Automatically The company fills all trades automatically with no dealing desk intervention. Traders can enter and liquidate positions at any time. The maximum amount of open orders users can have on their accounts include having up to 200 open…

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