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Crypto-Based Commerce Spikes 65% in 7 Months


Commerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase of volume in the first half of the year. The positive change coincided with the remarkable market recovery that followed last year’s...

This Man Says He Invested Half His Lottery Winnings in Bitcoin


Source: Reddit, u/Joxnlol The news of an American man who put half of his lottery winnings into Bitcoin (BTC) has spread through the Cryptoverse. The Reddit user ‘Joxnlol’ posted an image of himself several hours ago holding a certificate from the Illinois Lottery, stating that he has won...

Stellar Price Skyrockets by More than 19% As its Supply Shrinks by Half


Yesterday, Stellar Lumens managed to break out from the bearish impact as its price jumped with a hefty boost before closing the day. The sudden and substantial price rise took the coin above $0.081 within an hour only. Notably, exactly before an hour of this price shoot-up, the Stellar Development...

Stellar Price Jumps 20% after Foundation Burns Half of All Tokens


XLM prices are skyrocketing after a group named the Stellar Development Foundation (SDF) burned a whopping 55 billion tokens – effectively destroying over half of the Stellar Lumens tokens in existence. The SDF made its announcement in a blog post, leading to a 24-hour price surge of over 20%....

McKinsey: Majority of Banks May Not Be Economically Viable


Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

Litecoin (LTC) Adds Half a Percent Making an Exception


Amidst slowdown in every other coin, Litecoin seems to have chosen to be unique. Creating an exception, it has gained more than 0.5% over the last 24 hours. The current price of LTC now hovers above 72 USD. The five swings in this period show the volatility in the value. Litecoin Price Analysis...

Learning on the fly


CoinMarketCap Daily Newsletter Your daily newsletter for 16 September, 2019 Learn through guidance “Problems are not stop signs, they are guidelines.” – Robert H. Schuller  Welcome back, CMC family! We are now in the second half of September. Time really flies […] The post Learning on the...

How Market Makers Inject Liquidity Into the Cryptoconomy


Market makers have a reputation that is entirely disproportionate to what they do. Despite what half of crypto Twitter would have you believe, MMs, as they are colloquially known, are a neutral force when used correctly. But should tokenized projects be routinely deploying these tools on crypto...

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