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Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets


Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...

Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held


A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL)...

Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin


The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold...

Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month


2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital...

Stellar (XLM) Records 3% Dip Moving From $0.060 to $0.058 in 30 Days


XLM may start trading between $0.090 and $0.060 in the next few days Stellar brings global leaders for its Stellar Meridian conference next month This has been one of the best years for the cryptos enabling cross border payments and hence, Stellar has been one of the high performing assets in 2019....

Bitcoin (BTC) Records 25% Drop From $10,900 to $8150 Since the Last Month


Bitcoin price is strongly supported at $8100 The price of BTC may surge up to next resistance $8300 Bitcoin has never gained so much attention than this year since the day of its inception. BTC has established itself as the potential substitute for conventional currencies across the globe. It...

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin


Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...

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