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Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop
18.7.2020
The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between...
Report: Investors Are Dumping Compound Token as Soon as It Gets Listed
17.7.2020
A report from Flipside Crypto contends that investors are dumping Compound tokens as soon as it gets listed on exchanges with the majority of the supply held by speculators
Best Defi Interoperability Solutions – Exploring Fusion vs Cosmos vs Polkadot
17.7.2020
After the famous bull market of 2017, the cryptocurrency market experienced a very long and harsh bear market. Whilst this makes for a complicated period for investors, it’s not a complete tragedy; even if prices have been disappointing, fundamentals, on the other hand, have never been...
Fund Operator Offers Telegram TON Investors Paybacks of Just 21%
17.7.2020
A major hedge fund that recruited a number of investors in the failed Telegram Open Network (TON) blockchain and crypto initiative is offering its investors just 21% of their stakes as a refund after the project collapsed, said a new report.
Per Forbes Russia, ATON, a fund who once promised that...
Top Decentralized Finance Projects and Investors Gather Online for Global Defi Summit
17.7.2020
Draper Goren Holm, ConsenSys, Chainlink, DeFi Money Market, and more take the stage to dictate the future of decentralized finance. Los Angeles, CA — July 13, 2020 — Draper Goren Holm today announces the inaugural Global DeFi Summit taking place virtually on August 6, 2020, at 8 am PST, with...
Lightning Startup Zap Raises $3.5M From Investors Including Morgan Creek
17.7.2020
Zap, the crypto wallet which allows users to purchase Bitcoin instantly via the Lightning Network, raised $3.5M in April, filings show
Bitcoin Investors Unfazed By Great Twitter Hack, as Volatility Remains Stable
17.7.2020
Bitcoin traders seem unfazed by the massive Twitter hack on Wednesday, as the price of the top cryptocurrency has largely remained steady. Prominent U.S. figures including billionaires Bill Gates, Elon Musk, and Jeff Bezos were targeted by hackers in an apparent Twitter bitcoin (BTC) scam....
Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter
16.7.2020
Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 billion....
Survey: 60% of Bitcoin Investors Will Die With Their BTC If Price Stays Below $10,000
15.7.2020
About 60% of bitcoin investors are willing to hold their coins until they die if the price fails to breach the key $10,000 level. Now that’s according to a Twitter poll by Peter Schiff. The gold-bug asked bitcoin ‘hodlers’: “How much longer does the price of #Bitcoin have...
Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report
13.7.2020
Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive...
‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year
12.7.2020
Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into...
20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction
12.7.2020
A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token...
Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin
10.7.2020
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...
GOin Teams With Chainalysis To Induce Institutional Investors In Its Ecosystem
10.7.2020
Serving as a leading blockchain analysis firm offering compliance and investigation software solutions, Chainalysis has announced the news about its partnership with GOin, a renowned crypto asset management firm catering institutional-grade requirements. The news was circulated in the crypto media...
Bitcoin-Focused Investors Missing Out on ‘Mini Altcoin Boom’ - Head Trader
10.7.2020
Despite bitcoin (BTC) being the focus of most financial institutions that are dipping their toe in crypto, the altcoin market is where the action really happens, according to a head trader at New York-based crypto trading firm GSR.
Speaking with Bloomberg Radio, Richard Rosenblum, Co-founder...
HBZ Investors Urge Court to Block Smart Contract Destruction
10.7.2020
A class-action lawsuit seeks to prevent e-scooter firm Helbiz from destroying the smart contract underpinning its ERC-20 token
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...
Lost Bitcoin to Skyrocket Unless Investors Start Making Wills
9.7.2020
A looming crypto inheritance crisis could lead to millions of tokens becoming irreparably lost if the findings of a new report prove to be true.
A whopping 89% of surveyed cryptocurrency investors said they, on some level, were concerned about losing their assets when they die, but less than...
London Stock Exchange Parent Assigns Financial ‘Bar Codes’ to 169 Cryptos
9.7.2020
The addition of bitcoin and its ilk to LSEG's database, in response to customer demand, is a sign that institutions are slowly embracing the asset class
If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?
9.7.2020
On-chain and trading data signal that traders have abandoned Litecoin, but for some reason long-term investors are hoarding LTC