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Over the past year, institutional investment is what many believe drove Bitcoin’s price to reach new ATHs. Moreover, new research found that the asset’s price surges seem to be driven less by hype and have instead gained more trust, based on data from 2017.  Among its many conclusions, ARK Invest stated in its “Bitcoin: PreparingContinue reading “Here’s what it would take to push Bitcoin’s price to $500,000”

Towards the end of 2018, one of the major points of concern the Bitcoin market along with its price slump was something known as the “Bitcoin mining death spiral.” In December 2018, Andreas Antonopoulos explained this unlikely-to-happen phenomenon as 50 percent of miners exit the network, resulting in a drastic drop in hash power. ThisContinue reading “Bitcoin miners exiting would only result in ‘delay in block issuance’”