“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter.
Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins.
The results could be a good sign for the proliferation of distributed technology.
He stated that he does not “question the reliability and traceability of all blockchain technology,” but denounced crypto.
CME data shows Institutions are long Bitcoin while hedge funds are aggressively shorting BTC.
Central bank digital currency interest continues gaining global traction.
There was a time when Bitcoin seemed to be directly influenced by the daily news cycle.
FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations.
Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.
Wallets once again appear to be accumulating cryptocurrency at an increasing rate.