20,000 Bitcoin shorts claimed today – July 1

📈 30 Second Price Summary

Current Bitcoin Price$10,464

Overall the market is down just over 4.5% today. Bitcoin is sitting just below $10,500 — meaning that it’s fallen more than 10% since our Friday newsletter — while Ethereum is at $287. On the 24 hour chart, Bitcoin is down 5.8% while Ethereum is down just 2.8%.

Top Stories for 1st July 2019 🔥

👉 20,000 Bitcoin shorts claimed today

Short orders allow you to bet against a financial asset. By making a short order on Bitcoin, you’re selling Bitcoin with the intention of buying it back later at a cheaper price. For most people, short orders involve “borrowing” the Bitcoin for the initial sale, but you can also put it up yourself.

Today, more than 20,000 Bitcoin shorts were claimed. This means the trader who sold 20,000 of his own Bitcoins earlier this week — as part of a short order — is no longer betting that the market will go down, and has claimed his sale money.

👉 Bitcoin hashrate hits ATH yet again

Bitcoin hashrate is a measure of how much computing power is being dedicated to the Bitcoin network at any given time. A few days ago, the hashrate hit an all-time-high.

Today, Bitcoin hit yet another all-time-high for its hashrate, meaning that the network is more secure than it has ever been!

👉 New estimate: 5000 Bitcoin ATMs across the world

Bitcoin ATMs have slowly been popping up in major cities across the world. Personally, there’s an ATM in my city, and plenty of the cities I’ve visited across Europe — giving me the impression there are quite a few of them out there.

However, a new estimate suggests there are only 5000 Bitcoin ATMs in the world, as compared to the three million traditional ATMs! That means there are 600 regular ATMs for every Bitcoin ATM.