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Bitcoin Mining Difficulty Hits a New Record, Estimated to Rise Further
24.8.2020
The difficulty of mining bitcoin (BTC) has just reached another all-time high, after rising more than expected during today’s difficulty adjustment. Meanwhile, the network’s hashrate is still below its all-time high from back in July.
As reported five days ago, bitcoin’s mining difficulty, which...
Why the Rise of the CBDC Is Bad for Your Privacy
22.8.2020
Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all...
Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop
21.8.2020
While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further
The Rise of Trading Products: Granting Sophisticated Access to Crypto
20.8.2020
With crypto trading products appearing ahead of the legacy financial curve, it’s only a matter of time before they enter the mainstream
Kim Dotcom Predicted Bitcoin’s Rise Two Years Ago
17.8.2020
He also warned that the U.S. dollar would become worthless
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
16.8.2020
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone...
Bitcoin and Tesla: America’s Most Loved Assets on Tradingview
15.8.2020
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of...
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
What’s Behind the Meteoric Rise of Chainlink?
13.8.2020
We look at the data from Google and DeFi protocols to uncover what’s behind the inexorable rise of LINK?
Three Reasons Why NFT Market Is Bound to Rise and Shine
12.8.2020
As the world becomes more and more digital, the solution to the question of ownership is already here in the form of NFTs
Defi’s Rise Is Inevitable, and Fusion Is Driving This Evolution of Conventional Finance
10.8.2020
Four billion dollars This is the total amount of funds locked in “Defi”, growing from just one billion USD in 6 weeks. “Defi” has had a tortuous path ever since its inception, but now the concept of “Defi” is gaining more attention. So, what exactly...
Nigerian Crypto Activity Has Been On the Rise Since April
6.8.2020
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months
Bloomberg: Ethereum’s Rise is Speculative While Bitcoin’s Price Is Based on Fundamentals
5.8.2020
Bloomberg finds Ethreum’s bull run to be speculative while contending that Bitcoin’s appreciation is driven by fundamentals
Bitcoin Cash Difficulty Algorithm Debate Heats Up With Fears of Another Chain Split
5.8.2020
With a touch more than three months left until the next Bitcoin Cash upgrade, crypto proponents have been witnessing a new quarrel rise after last year’s contentious Infrastructure Funding Proposal (IFP). This time around, the tensions derive from the Difficulty Algorithm Adjustment (DAA)...
Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2
3.8.2020
XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019
3 Reasons Bitcoin’s Price Could Soon Rise to $10K
23.7.2020
After a rise over $9,500 Wednesday, bitcoin looks set to climb toward the psychological price hurdle of $10,000. Here's three reasons why
Here’s How to Check If a Bitcoin Address Is a Scam
22.7.2020
With the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also easily report any bitcoin address associated with a scam. Check the ‘Bitcoin Abuse’ Database...
Binance Coin Holds Intraday Traction but Refrains to Rise Above $19
20.7.2020
Binance—the global renowned cryptocurrency exchange has now turned into a full extensive blockchain ecosystem to accelerate the freedom to trade and money. Binance platform is nothing less than an encyclopedic to trading in cryptocurrencies, and BNB has been everything a trader and investor would...
3 Key On-Chain Metrics May Explain Chainlink's Meteoric Rise
15.7.2020
1,500% growth in the number of active addresses and a few other key indicators may explain the metric rise of Chainlink’s LINK token in 2020
A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...