Tags : alltime

Bitcoin

GrayScale Bitcoin Trust (GBTC) Premium Sinks To All-Time Lows

Since trading at a negative for nearly 2 months, GrayScale Bitcoin Trust (GBTC) premium plummeted to -14.21% this morning. Historically, GBTC has traded at a high premium relative to the underlying Bitcoin, commanding an average of 15.02% premium since the fund’s inception. But as competition grows and firms create cheaper, more accurate financial products, GBTC’s […]Read More

Bitcoin

Number of Addresses Holding Bitcoin Hits New All-Time High

There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses hit an all-time high of 36,896,000 earlier this Friday. The figure has then dropped back to approximately 36,770,000 on Sunday afternoon, according to data from on-chain analytics site Glassnode.  This […]Read More

Bitcoin

GOLD/BTC ratio falls to an all-time low

The yellow metal has now fallen to its lowest-ever value against Bitcoin, the digital gold, in terms of the ratio. What just happened? Simply put, the “Gold/Bitcoin” ratio calculates the price value of the yellow metal against Bitcoin. A 1:1 ratio means both gold and Bitcoin are valued at the same price by the open […]Read More

Market

Bitcoin Hits New All-Time High as BNY Mellon Announces Crypto

Bitcoin set a new record highs on Thursday after BNY Mellon, America’s oldest bank, announced crypto custody for institutional clients. The cryptocurrency set a new high of $48,297 during the U.S. trading hours, surpassing the previous peak price of $48,226 registered on Tuesday, according to CoinDesk 20 data. Buyers stepped in around $46,700 after BNY […]Read More

Bitcoin

Bitcoin blockchain’s hash rate hits new all-time high

The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes per second (EH/s) on Friday, according to crypto metrics platform Glassnode. Yeah, that’s a lot. The Bitcoin network’s mean hash rate exceeded 176 EH/s. Image: Glassnode The increase in hash rate […]Read More

Market

Ether Soars to Another All-Time High, Carrying DeFi and Rival

It’s not just ether (ETH) that’s rallying to a new all-time high Tuesday. Also rising are major decentralized finance (DeFi) tokens as well as cryptocurrencies of the very blockchains competing against the Ethereum system. At press time, ether was trading around $1,637.21, up 10.32% in the past 24 hours. The price of the No. 2 […]Read More