Bitcoin (BTC) miners are setting up a bullish trend despite large sell-offs around the halving, a new data metric suggests. According to Glassnode’s Miner Outflow Multiple (MOM), outflows from mining pools compared to their one-year moving average are nearing all-time lows. Demeester “bullish” on BTC miner data MOM calculates coins leaving mining pools and compares them to the yearly moving average as a ratio. As of June 3, that ratio was 0.534 — less than half its value one day before the halving on May 10. By comparison, December 2018 saw mass upheaval due to BTC/USD hitting $3,100. This produced …

The Bitcoin Investment Trust (GBTC) is currently trading at $927 per share, with each share representing approximately 9/100 of a Bitcoin. This price, if calculated with Bitcoin Cash disbursement, represents a price of $10,000 per Bitcoin, almost 120 percent premium on the current Bitcoin price. The analysis was brought to light via Tuur Demeester, the economist and editor at Adamant Research. $GBTC is trading at an implied Bitcoin price of $9,000 per bitcoin - 95% premium. (or $10k, if one assumes separate $BCH disbursement) pic.twitter.com/GCirCfUqT7 — Tuur Demeester (@TuurDemeester) August 30, 2017 Strong demand The price analysis shows the strong …

Cointelegraph begins LIVE video streaming of LaBITconf from Mexico! This major Annual Latin American Bitcoin Conference takes place in Mexico City on December 4-5, 2015. The great part of the conference is held by local companies in Spanish with simultaneous translations. While guests of the conference, including Andreas Antonopoulos, Trace Mayer, Erik Voorehes, Tuur Demeester, speak in English. Follow the LIVE video streaming and listen to smart chosen topics from Cryptocyrrency and FinTech experts to drive through Bitcoin and Blockchain opportunities. LaBITconf Schedule December 5 Registration Mexico - 10:00 (GMT-6) New York - 11:00 (GMT-5) London - 16:00 (GMT) Athens …