BitcoinAverage Blog

bitcoin price news and analysis

Reward Halving

The last time a Bitcoin Block reward halving happened was on November 28, 2012 (from 50 to 25 bitcoins per block). And that was also the first ever in the life of the cryptocurrency.

By then, many people didn’t know bitcoin, over $1 billion hadn’t been invested in Bitcoin startups and the av...

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Following a May 10th sell off to $445, Bitcoin retraced up this week, pushing up to $460 from a double bottom low at $445. In the past 30 days, price action has been limited to an upper $471 and $434 lower bound. So far, price has been on an uptrend making higher and higher lows within this range, and looks likely to retest $470; a level that has failed 4 times in the past since November 4, 2015. As of writing this, bitcoin is trading at $455.

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Yes, would you use Bitcoin if you knew you would go to prison for a while, as well pay a hefty fine, if you were caught? And this is not about using the cryptocurrency to do illegal stuff like buying recreational drugs or paying a hitman.

The criminal here means simply coming into contact with B...

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