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Bitcoin No Longer Electronic Cash? Circulation Drops To Lowest In 13 Years

Bitcoin No Longer Electronic Cash? Circulation Drops To Lowest In 13 Years

On-chain data suggests Bitcoin is no longer being used as electronic cash by its userbase as the token’s circulation has seen a steep drop. Bitcoin...
Jun, 12, 2024
2 min read
by Bitcoinist
Bitcoin’s Correlation To Gold Is Rising: What It Means

Bitcoin’s Correlation To Gold Is Rising: What It Means

Data shows the relationship between Bitcoin and Gold has been growing deeper recently as their 60-day correlation has been riding an uptrend. Bitco...
May, 31, 2024
2 min read
by Bitcoinist
Bitcoin Safe Haven: BTC Correlation With Gold Surges

Bitcoin Safe Haven: BTC Correlation With Gold Surges

The Bitcoin safe haven narrative may be back as data shows the cryptocurrency’s correlation with Gold has surged in recent months. Bitcoin Correlat...
Apr, 17, 2023
2 min read
by Bitcoinist