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8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
23.10.2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency....
Price Increase Drives 98% of Bitcoin Holders Into a State of Profit
22.10.2020
The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on...
We Still Lack a Rational Way to Value Tokens
22.10.2020
Tokens continue to show little correlation between usage and value, confounding efforts to build better valuation methods
Harvest Finance Doubles Total Value Locked to $704M in One Week
21.10.2020
Harvest Finance’s dramatic growth took place during a time when enthusiasm around the DeFi space has slowly hit a wall
Kik’s Prospective Settlement With SEC Boosts KIN’s Value
21.10.2020
Following the release of the proposed settlement between the U.S. Securities and Exchange Commission (SEC) and Canadian social media startup Kik Interactive, the latter’s cryptocurrency rallied, spurring optimism over the future of the instant messenger service and its crypto-related activities....
CBDC as a store of value threatens financial system, says German official
21.10.2020
The German central bank is considering alternatives to CBDC as a digital payment solutions
Bitcoin average transaction value increases 500% since July
21.10.2020
The average Bitcoin transaction is now worth more than $150,000
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
16.10.2020
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital...
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
16.10.2020
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of England Governor Andrew Bailey talked...
Bitcoin and Ether now account for 44% of the value locked in DeFi
15.10.2020
Despite $4B worth of BTC and ETH being locked in DeFi over the past five months, the two top coins still account for less than half of the sector’s TVL
Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC
15.10.2020
Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its latest bitcoin investment thesis....
Ethereum Is Building the Internet of Value
13.10.2020
The original internet was built without money in mind. The next internet will be different. Change, albeit small, is already here
BoE governor continues to assert Bitcoin has 'little intrinsic value'
12.10.2020
“It may have extrinsic value in the sense that people want it,” said Bailey
12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?
12.10.2020
The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent endorsement of Defi, rug pulling...
Buying Bitcoin Locally vs Online: Which Bitcoin of America Method is Best for You?
10.10.2020
With a second stimulus check due, now is the time to start thinking of your financial future, with the opportunity to buy bitcoin at a time when many people are predicting its continued rise in its value. You may have already seen a Bitcoin of America ATM in a local store and been impressed...
Crypto Adoption Advocate 1xBit Adds EOS to Its Sportsbook and Casino
8.10.2020
October 8th 2020, Limassol, Cyprus – 1xBit Casino Sportsbook has announced its support for one of the markets hottest cryptocurrencies, EOS. The PoS (delegated-proof-of-stake) token is used on the EOS platform for developers to build Dapps, but also offers the everyday user a rapid, free...
Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M
8.10.2020
Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624...
Cloudbet Launches Second Major Stablecoin With USDC
7.10.2020
Cloudbet, the pioneering crypto sportsbook and casino, has added USD Coin to the portfolio of coins available to customers, marking the operator’s second major stablecoin integration after launching USD Tether in May. With the integration of USDC and USDT, Cloudbet now supports the biggest...
Blockchain Bites: FCA’s Crypto Crackdown, McAfee’s Charges, Ethereum’s Store of Value
6.10.2020
John McAfee was charged with promoting ICOs without disclosing his payments while the U.K.'s FCA has banned certain crypto derivatives
ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network
4.10.2020
A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to...