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Bitcoin Market ‘Much Different Now’ as New BTC Wallets Approach 2017 Highs
7.8.2020
As the price of Bitcoin consolidates under a key resistance level, on-chain data show an optimistic trend
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
7.8.2020
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. A founder and CEO at Global Macro Investor (GMI)...
Bitcoin Cash Trades Above $300 But Holds Bearish Divergence
7.8.2020
Bitcoin Cash celebrated its 3rd anniversary just at the onset of the ongoing month and is getting closer to fulfilling the vision with each passing day. BCH, with its reach and adoption till date, is ranked amongst the top 5 cryptos of the market, holding a market capitalization of over $5.75...
XRP & Ripple Slammed Too as Team Bitcoin Expands Ethereum Battle
7.8.2020
With hot summer days, the Cryptoverse is getting some hot maxi debates as well: while the Ethereum battle is still ongoing in the virtual space, another battle is now focused on XRP.
Following a long string of scam accusations against various projects, today it's XRP's turn - again, with Bitcoin...
Bitcoin Price Continues Rally, Positive Sentiment Is Off the Charts
7.8.2020
Since late July, positive tweets about Bitcoin have increased substantially, signifying growing interest in its price
Authorities Find Illegal Bitcoin Mining Farm in Kyrgyzstan Free Economic Zone
7.8.2020
Government authorities and executives at Free Economic Zone “Bishkek” are reportedly involved in running a large-scale illegal mining farm
Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA
7.8.2020
A U.S. startup is setting up a blockchain energy trading pilot in Los Angeles to promote electric van sharing
California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts
7.8.2020
The California Energy Commission is funding an experimental market for carbon-credit trading on the RSK blockchain, which runs on top of Bitcoin
Fixing This Bitcoin-Killing Bug Will (Eventually) Require a Hard Fork
7.8.2020
The bug sheds light on the challenges of Bitcoin's decentralization. At least we've got 86 years for the community to join together and implement a fix
Another Major S Korean Bank Now Set to Join Bitcoin Custody Race
7.8.2020
Kookmin Bank (KB), one of South Korea’s biggest commercial banks, could be set to move into crypto sector business after the KB Group, the company that operates the bank, signed a “digital assets” cooperation deal with three major domestic blockchain firms.
And it looks as though KB could...
Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows
7.8.2020
The amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an almost similar margin during the same period. According to new data from Glassnode, the percentage of supply owned by entities holding 10 BTC or less has grown from...
Tourist Hotspot’s Bitcoin, Ether, Altcoin Pay Pilot in Full Swing
7.8.2020
Haeundae beach. The company behind a crypto pay pilot program at two of South Korea’s busiest beaches said that it believes token-powered payments could be set to change the way people in the country pay for goods and services.
As previously reported, the pilot project is being run by...
Bitcoin Cash Outperforms Bitcoin, Ethereum; Altcoins Move Higher
7.8.2020
On a day with mostly green numbers in the crypto market, bitcoin cash (BCH) surged strongly, far outperforming both bitcoin (BTC) and ethereum (ETH) over the past 24 hours. Meanwhile, smaller altcoins DASH and LEND also stood out with strong performance overnight.
Total market...
Winklevoss: US Dollar Is Now a 'Funny Money' Endorsement of Bitcoin
7.8.2020
Coronavirus stimulus failures show just how irrelevant the dollar supply has become and this “a wakeup call” for those not looking at Bitcoin, Cameron Winklevoss argues
Bitcoin Dominance Slides to 12-Month Low as Crypto Market Cap Tests Resistance
7.8.2020
Bitcoin’s dominance has fallen to a 12-month low despite its recent rally, signaling renewed strength in the altcoins markets
Goldman Sachs Sees ‘Resurgence of Interest’ in Crypto from Institutions
7.8.2020
There is currently a “resurgence of interest” in cryptocurrencies, but this time around it’s not from retail investors, but rather the financial institutions, the new head of digital assets at investment banking giant Goldman Sachs revealed in a recent interview.
Mathew McDermott, the recently...
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...
Altcoins Account for One Third of Total Crypto Mining Power Usage
7.8.2020
An analysis of the 20 largest crypto assets by market cap determined that Bitcoin mining accounted for only 66% of total power consumption
Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a 61.8% Return
7.8.2020
Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable
Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status
7.8.2020
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves...