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Philippines Central Bank May Decide on CBDC Issuance by Next Month
29.7.2020
Another day, another central bank said it (conditionally) wants to issue a digital currency. This week it is the turn of the Philippines, whose central bank has created a committee that will examine the feasibility and policy implications of issuing a digital version of the fiat peso.
The committee...
Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....
Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
29.7.2020
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest –...
Tether Exchange Inflow Reached 8-Month High as Bitcoin Rallied to $11K
28.7.2020
As Bitcoin price surged above $10K, USDT exchange inflows reached an 8-month high
Bitcoin Cash Breaches 3-Month Resistance and Retains Support
28.7.2020
Bitcoin Cash (BCH) moves in unison with Bitcoin SV along with Bitcoin and has been breaching 3-month resistance around $279.8. Alongside, BCH is facing a strict rejection above $279 and $280 but is holding strong support at $200 with moderate volatility. The coin held a soaring momentum and...
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...
Bitcoin Price Hits 10-Month Highs as BTC Aims at $10.5K Resistance
27.7.2020
$10,390 briefly appears as optimism spills over into the new trading week, with safe-haven gold already at record highs against the dollar
Ethereum Miners’ Income Soars by 60% in a Month – Outruns Ether’s Price Jump
27.7.2020
Ethereum miners may have benefited the most from ether’s recent price rise and soaring transaction fees
Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War
27.7.2020
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. Meanwhile, the Lebanese pound has lost 82% of its value this year....
Bitcoin Price Logs Two-Month High Above $10,000
26.7.2020
The DeFi-led rally in Ethereum's ether token looks to have spilled over into the bitcoin market, one analyst said
Ethereum (ETH) Refreshes the 5-Month High Above $280
24.7.2020
Ethereum refreshes to a new 5-month high in the past 24 hours and breaches above $280 at $283 while currently trades at $276 with a bullish crossover and trend in the intraday. It was just when the greatest cryptocurrency by market capitalization—Bitcoin breached a resistance above $9.65k briefly...
pNetwork Launches Yield Farming Programme, Steroids
24.7.2020
The pNetwork, the decentralised ecosystem backing the cross-chain pTokens solution, has announced the launch of its yield farming programme, Steroids. The programme will run for a period of one month and will award Uniswap liquidity providers with up to 10% monthly interest, distributed in pNetwork...
Market Wrap: Bitcoin Hits 1-Month High; DeFi Value Locked Hits $3.3B
23.7.2020
Bitcoin is making gains, Ethereum’s DeFi value grows. (CoinDesk)
No One Has Traded Bitcoin Options on Bakkt for Over a Month: Deribit Continues to Dominate
23.7.2020
Open interest for Bakkt's bitcoin options market has stayed at $0 since June 15
IOTA Retreats to 5-Month High for the 2nd Time in 2 Weeks
21.7.2020
IOTA has been drawing an uptrend straight after the market crash in March, and the constant blow of momentum has led to hitting 5-month resistance above $0.265. Regarding recent gain in price, IOTA, around the press time, was seen trading at $0.268. It was in the wee hours of the trading session...
Bitcoin Futures Trading Volume Slips to 3-Month Low on CME
20.7.2020
Trading activity in bitcoin futures listed on the Chicago Mercantile Exchange has cooled as the top cryptocurrency languishes in the price doldrums
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...
Bitcoin’s Active Supply Hits 19 Month Low — Is It Bullish or Bearish?
17.7.2020
Bitcoin’s active supply has hit a 19-month low, mirroring the setup before the 2017 bull run
Bitcoin Miner Supply Sent to Exchanges Fell to 12-Month Lows in Q2 2020
16.7.2020
Bitcoin miners, following the law of supply and demand, curtailed their supply to exchanges to the lowest level in 12 months during the second quarter
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...