Bitcoin Price Chart Shows How Surpassing Gold’s Market Cap Is “Easily” Feasible

Bitcoin, to many, is the digital equivalent of gold – one of the world’s first ever currencies, means of exchange, and stores of value. According to crypto bull Mike Novogratz, one day, Bitcoin’s market cap will surpass that of gold’s. After the lofty prediction was made, crypto analysts took to Bitcoin price charts hoping to…

The post Bitcoin Price Chart Shows How Surpassing Gold’s Market Cap Is “Easily” Feasible appeared first on NewsBTC.

Bitcoin Backers Should Be Ticked if SEC Approves Negative-Fee ETF

U.S. crypto investors have been waiting for what seems like forever for a Bitcoin ETF, but the Securities and Exchange Commission keeps scowling at their proposals. However, there’s another innovative exchange-traded fund (ETF) proposal sitting on the SEC’s desk, and while it engages solely with traditional markets, it’s nevertheless based on a scheme that observers must admit is a naked marketing ploy. In the works is what’s supposed to be a low-cost ETF that not only slashes fees to the bone but actually pays investors to purchase shares. If the SEC green lights this fund, Bitcoin proponents would rightfully be

The post Bitcoin Backers Should Be Ticked if SEC Approves Negative-Fee ETF appeared first on CCN

Bitcoin (BTC) Dominance Drop to 50 Percent, will Sell-off Boost Altcoins?

Bitcoin Prices slumping Solactive and CMC launching two crypto indices Transaction volumes less than half those of late Feb CMC in partnership with Germany’s Solactive will launch two crypto indices. Data broadcasts will be from several terminals including Bloomberg’s GDIS and Börse Stuggart. With information based on performance, Bitcoin (BTC) traders will be better equipped…

The post Bitcoin (BTC) Dominance Drop to 50 Percent, will Sell-off Boost Altcoins? appeared first on NewsBTC.

Bitcoin Blockchain Costs Approx. $7 Million a Day to Stay Secure

It takes an average of $7 million every day to secure the Bitcoin blockchain network, according to Messari. The cryptocurrency data portal published a new screener this Monday which outlined the revenues paid to miners for top proof-of-work coins. The Screener based its figures on new issuance and transaction fees, eventually finding that Bitcoin produced…

The post Bitcoin Blockchain Costs Approx. $7 Million a Day to Stay Secure appeared first on NewsBTC.