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Most Bitcoin Traders are Retail, But Pros Dominate the Market - Report


Although the bitcoin (BTC) market has grown to include a huge number of smaller retail traders, the markets where bitcoin prices are actually determined are still dominated by a small number of “professional traders,” a new report from crypto analysis firm Chainalysis said. These professionals...

Competition Between Bitcoin Mining ASIC Manufacturers Is Heating Up - Report


After Bitcoin halving, ASIC mining equipment producers will compete increasingly more aggressively, and in the long term, only 2 or 3 industry players will survive, states a report by BitMEX Research. The report looks into the history and current situation, as well as the efficiency of mining...

Spanish Crypto Users Report Banking ‘Freezes’ After Using Exchanges


Banks in Spain are reportedly closing accounts they suspect belong to cryptocurrency traders, particularly users of the LocalBitcoins peer-to-peer exchange – and may have been doing so “since November last year.” Per a report from media outlet Criptonoticias, an experienced crypto trader who asked...

Stablecoin Volume Now 5x ETH Volume on Ethereum – Report


Stablecoin volume on Ethereum (ETH) is now up to 5 times greater than the on-chain volume of the network’s native token, ETH, a new report from blockchain analytics firm Glassnode reveals. More precisely, the combined volume of all stablecoins on Ethereum surpassed the ETH volume a year ago,...

Indian Government Reconsiders Banning Cryptocurrency: Report


The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....

Bitcoin Users Could've Saved Half a Billion USD in Fees - Report


Network fees must be paid, but what if you don’t have to pay as much? Bitcoin (BTC) users could've saved around half a billion USD in network fees had there been a full SegWit and batching adoption, according to Bitcoin startup Veriphi. Per Veriphi’s latest report, almost half a million blocks...

Ethereum-Based Tether Better Distributed Than Other Stablecoins - Report


Among the explored stablecoins, Tether (USDT)'s ERC20 version is "particularly well-distributed," crypto market analysis firm Coin Metrics said, stressing that only a few accounts own a large majority of five other stablecoins' supply. Since its creation six years ago, the dollar-pegged...

Pablo Escobar’s Descendants Claim to Have Known Satoshi Nakamoto


Reports stemming from the financial columnist, Greg Thomson and the family of Pablo Escobar, claim the Escobar’s know the mysterious creator of Bitcoin. Allegedly, the notorious Escobar’s say that Satoshi Nakamoto was once known as a man named “Yasutaka Nakamoto.” On June...

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