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Key Insights Behind the Recent Bitcoin & Ethereum Run-Up
29.7.2020
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading
The post Key Insights Behind the Recent Bitcoin & Ethereum Run-Up appeared first on CoinMarketCap Blog
Key Insights Behind the Recent Bitcoin & Ethereum Run-Up
29.7.2020
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading
The post Key Insights Behind the Recent Bitcoin & Ethereum Run-Up appeared first on CoinMarketCap Blog
13 Exchanges Pass the New 'Trusted' Spot Volume Tests
29.7.2020
Just above half of the examined crypto exchanges passed the tests for 'trusted' spot volume, according to crypto market analysis firm Coin Metrics's latest metric. One failed all of them.
Coin Metrics has introduced a "trusted volume" metric, in an effort to help differentiate between...
Why Bitcoin Is Protected by the First Amendment
29.7.2020
Bitcoin's role as a communications and associative network - not just a financial network - means it deserves constitutional protection
What Bitcoin Holders Should Watch for in Today’s Fed Meeting
29.7.2020
Federal Reserve Chairman Jerome Powell. Source: a video screenshot, Youtube/CNBC Television
With the US Federal Reserve’s Federal Open Market Committee (FOMC) set to release a statement from their meeting this evening (UTC time), crypto holders may be in for another run higher if the traditional...
Bitcoin Looks Overbought But Analysts Play Down Drop Fears
29.7.2020
Bitcoin's rally looks overstretched, according to a technical indicator, but short-term price consolidation looks more likely than a drop, say analysts
Why Blockchain Exchanges Are Now Using Traditional Exchange Technology
29.7.2020
An increasing number of cryptocurrency exchanges are beginning to take steps to work with traditional stock and asset exchanges
Power Plants in Iran Are Authorized to Mine Bitcoin
29.7.2020
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...
Monex's US Subsidiary TradeStation to Launch Crypto Lending Service
29.7.2020
U.S. online brokerage TradeStation will soon launch its own cryptocurrency lending service
Bitcoin, Ethereum and Major Altcoins Target Additional Gains
29.7.2020
Bitcoin price started a downside correction after tagging the USD 11,400 level. BTC remained well bid near USD 10,800 and it is currently (08:30 UTC) trading above USD 11,000.
Similarly, most major altcoins are trading in a positive zone, including ethereum, XRP, litecoin, bitcoin cash, BNB,...
Ethereum Turns 5 But ETH Price Vs. Bitcoin Never Recovered Since 2018
29.7.2020
The Ethereum network is turning five years old, but ETH price performance versus Bitcoin leaves something to be desired
Ledger Suffered Data Breach, Customer Data Compromised
29.7.2020
France-based major hardware wallet provider Ledger has confessed that it was been hit with a data breach on June 17 that appears to have allowed a “third party” access to at least 1 million of its users’ contact details.
The firm took to Twitter to state that its marketing and e-commerce database...
Peter Schiff: Gold ‘Harder to Confiscate’ Than Bitcoin as Searches Spike
29.7.2020
Schiff makes some controversial assertions about gold’s prowess as mainstream interest in both gold and Bitcoin surges
93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday
29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...
Bakkt Bitcoin Futures Smashes Records Two Days Running
29.7.2020
Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday
Grayscale’s Crypto Funds Grow by $1 Billion in Just 11 Days
29.7.2020
Grayscale’s Bitcoin Trust currently holds $4.3B assets under management, but this growth may be due to ‘in kind’ purchases
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....
Pack Your Bitcoin: Busy South Korean Beach Says ‘Yes’ to Crypto
29.7.2020
Haeundae Beach. Holidaymakers at Haeundae, South Korea’s busiest and most popular beach, will be able to pay for services such as sun umbrella and inflatable tube rentals in bitcoin (BTC), ethereum (ETH) and other tokens next month.
Haeundae Beach, in South Korea’s second city Busan, is a...
Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
29.7.2020
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually...
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 –...