Bitcoin Price Analysis – With halving now over, a golden cross awaits
Bitcoin is a decentralized digital currency released by Satoshi Nakamoto in 2009, shortly after the Global Financial Crisis.
Data Snippet: Diving into the past year of Twitter
Twitter has one of the largest active crypto communities. Brave New Coin (BNC) analyses and extracts daily insights into 60 crypto-assets after processing 34 million daily tweets.
Data Snippet – Bitcoin price crash before the halving
The bitcoin halving took place on 11th May 2020, around 07:23 pm UTC. The block reward dropped for the third time in the history of the Bitcoin blockchain.
Data Snippet – Bitcoin transaction fee increase
Bitcoin transaction fees are paid when a Bitcoin transaction is processed and confirmed by a miner. Though fees are not explicitly required, they are strongly encouraged if you want your transaction to be processed sooner by a Bitcoin miner.
BNC Weekly Bitcoin Blockchain Statistics 11th May 2020
Brave New Coin's weekly bitcoin blockchain statistics for the week of: May 4th - May 11th 2020
Brave New Coin Weekly Bitcoin halving countdown update: 6th May
Brave New Coin has launched a countdown to predict the date and timing of the Bitcoin Halving. This weekly report summarizes the data provided by BNC's halving prediction models and analyzes the macro factors influencing the halving countdown.
Why are Central Banks Interested in Digital Currency
A retail Central Bank Digital Currency (CBDC) would be a digital and universally accessible form of money issued by central banks. Objectives= anticipate the disappearance of cash, create efficient means of payment, and strengthen regulatory controls. Some central banks are testing blockchain/DLT frameworks while others use traditional software. The future CBDC solutions would probably combine design principles of traditional distributed systems with some of the design principles of blockchains and digital “wallets” to store cryptographic keys. It’s finally about creating new protocols with the infrastructure to enable the transfer of digital value.
Data Snippet – Bitcoin Hash Rate hits an all-time high
The Bitcoin hash rate spiked to 267 Billion Gigahashes per second on 3rd May 2020, at 11 am UTC, which is the result of significant network growth approaching the next Bitcoin block reward halving in approximately 8 days.
BNC Weekly Bitcoin Blockchain Statistics 4th May 2020
Brave New Coin's weekly bitcoin blockchain statistics for the week of: April 27th - May 4th 2020
Data Snippet – Bullish trend shift for top three assets
After the devastating price drop just over one month ago, most crypto assets have retraced nearly all of their respective losses. Historically, relative changes in the crypto markets have aligned with three-month cycles.
Brave New Coin Weekly Bitcoin halving countdown update: 30th April
Brave New Coin has launched a countdown to predict the date and timing of the Bitcoin Halving. This weekly report summarizes the data provided by BNC's halving prediction models and analyzes the macro factors influencing the halving countdown.
BNC Weekly Bitcoin Blockchain Statistics 27th April 2020
Brave New Coin's weekly bitcoin blockchain statistics for the week of: April 20th - April 27th 2020
Brave New Coin Weekly Bitcoin halving countdown update: 23rd April
Brave New Coin has launched a countdown to predict the date and timing of the Bitcoin Halving. This weekly report summarizes the data provided by BNC's halving prediction models and analyzes the macro factors influencing the halving countdown.
Data Snippet – Bitcoin Hash Rate
The Bitcoin network is growing at a faster pace as we approach the third bitcoin halving.
Crude oil futures crash leaves bitcoin unscathed
Owing to restrictions within the U.S. and abroad during the COVID-19 pandemic, the demand for refined petroleum products has all but disappeared. As a result, oil refineries have significantly cut their production and purchase of crude oil. This change in market demand created a dynamic where there were too many sellers and limited buyers.
Data Snippet – Rare technical event suggests a possible trend shift for Bitcoin
The goal of the Ichimoku Cloud is to be able to quickly and accurately analyze any chart with ease. The system works best on high timeframes in trending markets or when trying to determine a trend reversal.
