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: 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 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.
Data Snippet – Bitcoin scarcity and Price value proposition
Bitcoin’s historical data gives us some insights into potential future price projections. But other factors outside of scarcity also affect the price, such as an increase in the supply.
Data Snippet – Bitcoin Hash Rate
The Bitcoin network is growing at a faster pace as we approach the third bitcoin halving.
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.
Data Snippet – Bitcoin ‘Hash Price’ in a fluctuating market
Taking a look at on-chain metrics gives us a glimpse into the health and growth of the Bitcoin network. How is the network doing amidst COVID-19 and the greatest stock market crash since the roaring ’20s?
Data Snippet – Fees account for ~1.06% of Bitcoin miners revenue
Transaction data, which includes the transaction fee, is collected every 10 seconds from a Bitcoin full node.
