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Bitcoin NVT Data Shows There’s More Explosive Move Ahead For Bitcoin Last Updated: 10 January 2021 Market sentiments surrounding the recent Bitcoin Bull Run is one of unpredictability, as some experts are expecting more Bitcoin contraction while few others think Bitcoin’s bull run will continue. But one popular metric is supporting a further increase in Bitcoin prices. The report from Stack Funds has hinted that the recent Bitcoin Bull Run may not be over yet, adding that the top cryptocurrency still has enough space to go up in the coming weeks. Stack Funds released its latest data that...

Bitcoin Reaches ATH, Causing Fees To Spike To Almost 5x In A Week Last Updated: 19 December 2020 It’s finally happened. Bitcoin has risen past the fabled 20,000 mark, and then some. At the time of writing, the world’s first cryptocurrency is being traded at around $22,896 apiece. However, some unexpected consequences came as a result, with massive spikes in transaction volumes seeing a massive spike in transaction fees, in turn. Transactions Costing $11.9 On Average This is similar to what happened with Ethereum once the DeFi space got rolling, causing monumental amoun...

Asset Manager Ruffer Bets on Bitcoin Last Updated: 16 December 2020 London-based asset manager Ruffer recently put 2.5% of its Multi-Strategies Fund in the world’s largest cryptocurrency- Bitcoin. The company said that it works as a “potent insurance policy.” Multi-billion-dollar fund Ruffer Investment Company is based in London and manages over $20.3 billion in assets. The traditional finance company is the latest in the line of top asset managers riding the Bitcoin wave. The firm announced its investments in an update to shareholders. According to the company, 2.5%...