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Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns
21.7.2020
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving....
Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low
17.7.2020
Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...
The Twitter Hack Fiasco: Compromised Internal Tool, Paid Insiders, Direct Message Fears
17.7.2020
On Wednesday, a large number of Twitter accounts were compromised and the hackers used the accounts to tweet about a bitcoin doubling scam. According to multiple reports, a Twitter employee was paid to give the hackers an internal tool that let them leverage high-profile social media accounts....
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...
‘Fiat and Money Printing’ Street Mural Earns $500 in Bitcoin Donations in Five Days
11.7.2020
A Parisian street artist is receiving hundreds of dollars every day in bitcoin donations from his painting that speaks about “fiat and money printing.” Pascal Boyart’s latest mural, “Confessions of a Red Jester”, is a modern interpretation of the 1862 painting...
Blockchain Bites: Coinbase’s Untraditional Investor Day and the Ethereum-EOS Arms Race in Latin America
10.7.2020
Coinbase will host its first investor day while a protocol arms race unfolds in Latin America
Monetary Historian: Libra Will Never See The Light Of Day
10.7.2020
Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form
Coinbase Plans First-Ever Investor Day Amid Talk It May Go Public
10.7.2020
It’s unclear if the Aug. 14 virtual meeting is related to a rumored plan to take Coinbase public, but such events often presage direct listings
Bad Day for Stocks Sends Bitcoin Price Below Key $9.3K Support
9.7.2020
Bitcoin price dropped below $9,200 as stocks were rattled by the U.S. Supreme Court decision on President Trump’s tax returns
XRP Reclaims 30-day High & Gains 13% in 2 Days
9.7.2020
XRP, in the recent past, was seen taken over by Tether at 3rd position in the global crypto market. XRP, beyond doubt, is an amazing altcoin investment but has a slower growth comparatively. If we consider the recent altcoin hike wherein the coins like Verge, Cardano and VeChain have gained...
Nearly 6% of Kyber’s Token Supply Staked in One Day
9.7.2020
Over $16 million worth of KNC have been staked within 24 hours of Kyber launching the service
Famous Malaysian Actor Fined for Stealing $50,000 Worth of Crypto From His Producer
9.7.2020
A Malaysian court has fined famous local actor Mas Khan $4,000, or 26 months in jail, for stealing around $50,000 worth of cryptocurrency belonging to his producer, local media reported. Khan appears to have gained access to his boss’ Datuk A.Aida private keys before plundering his wallet...
Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One
9.7.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One appeared first on CoinMarketCap Blog
Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One
9.7.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One appeared first on CoinMarketCap Blog
Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%
8.7.2020
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able...
Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs
8.7.2020
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. Meanwhile, the BTC network hashrate has continued to grow, with the seven-day...
Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off
6.7.2020
The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility. The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s the lowest 10-day reading in nearly...
Bitcoin Entrepreneur Brock Pierce Joins the 2020 US Presidential Election
6.7.2020
Blockchain entrepreneur and former Disney child actor, Brock Pierce, is running for President of the United States this election. Pierce announced he was running during America’s Independence Day celebration on July 4, the same day Kanye West revealed his candidacy. Pierce is an advocate...
Bitcoin-Friendly Kanye West Running for US President 2020, Taking on Donald Trump and Joe Biden
5.7.2020
Kanye West announced on Independence Day that he is running for president of the United States in 2020, taking on Donald Trump and former Vice President Joe Biden. Responding to the bitcoin-friendly singer with 21 Grammy Awards, Tesla and Spacex CEO Elon Musk said West has his full support. Kanye...