“Contagion caused by centralized counterparties has elevated Bitcoin’s value propositions: decentralization, auditability, and transparency,” ARK writes. “Its network fundamentals have strengthened and its holder base has become more long-term focused.”
Related posts
-
Volatility Expected in Bitcoin Later Today as US Headline Inflation Data Is Expected to Tick Higher
The concern of inflation not being slayed can be shown in the U.S. yields, which have... -
Bitcoin trading volume hits new all-time driven by retail demand
Bitcoin, the world’s largest crypto asset, hit a record-high trading volume after the cryptocurrency reached a... -
Thai authorities bust illegal Bitcoin mining rigs, charge two over $280k theft: report
Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have...