Kraken Daily Market Report for August 24 2021

Overview Total spot trading volume at $1.54 billion, the 30-day average rose to $1.26 billion. Total futures notional at $313.6 million. The top traded pair was USDT/USD; the top five traded coins were, respectively, Bitcoin (-3.6%), Tether (0%), Cardano (-6.6%), Ethereum (-4.5%), and Ripple (-8.6%). Most coins took losses, while Gnosis (+11%) had a strong […]

Bitcoiners Know Something That You Don’t

The great opportunity presented has only been absorbed by a hard-headed few, leaving the bureaucrats of the world at a global checkmate. The longest chapter in Machiavelli’s masterpiece, Discourses On Livy, is titled “On Conspiracies.” He praises conspiracy as the finest mode of overthrowing any regime, because, “… to be able to make open war […]

Long-Term HODLer Supply Hits All-Time High

Today, long-term bitcoin holders control 12,711,385 BTC and have accumulated 460,078 BTC on a net basis over the last 30 days. The below is from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your […]

Bitcoin Is The Sustainable Money Europe Deserves

Only bitcoin offers a truly sustainable path forward for the continent which prizes this attribute. Recently we have been tragically exposed to a thought process of one Eero Heinäluoma, a Socialist member of the European Parliament. While it doesn’t seem like there’s actually any proposal to ban bitcoin mining at this moment, it’s safe to […]