Bitcoin 10% Off Its Highs—But Hidden On-Chain Data Tells a Different Story
Bitcoin (BTC) remains under pressure after failing to recover momentum following its recent record high above $124,000. At the time of writing, the asset is trading at $112,0474, reflecting a decline of 7.5% in the past two weeks. The latest movements come as analysts examine on-chain metrics to assess whether the current slowdown represents a pause in the ongoing bull cycle or the beginning of a broader correction. One of the key indicators gaining attention is Bitcoin’s active addresses metric. According to PelinayPA, a contributor on CryptoQuant’s QuickTake platform, the number of....
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There's been quite a few films related to bitcoin, and here's another. Freshly announced: EPIX has announced that the original documentary Deep Web: The Untold Story of Bitcoin and Silk Road is expected to make a world premiere on the premium network in 2015. The film, as the name would suggest, tells the story of websites hidden on the so-called Deep Web. These pages are non-indexed intentionally, and account for 96 percent of the world wide web, as it were. In particular, the film focuses on Silk Road, an illicit marketplace where users can purchase illegal products: narcotics, firearms,....
April is a time for the age-old Easter Egg Hunt in Western Society. Painted eggs are hidden throughout a given area as a treasure to be found by children on Easter Sunday. The game becomes more and more fun the more children you can include in the hunting game. In that spirit, this story may bring out the child in you, as a painter turned Bitcoin enthusiast has created works of art that can turn into a small digital fortune. Now, thousands of adults, just like you, are taking part in the static cryptographic treasure hunt, with valuable Bitcoin hiding in plain sight. Can you crack the....