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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot
30.9.2020
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more...
Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation
30.9.2020
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within...
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange
30.9.2020
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently...
Easily Spend Your Bitcoin via Prepaid Debit Card or a PayPal Account with Bitcoin of America’s Easy to Use Trading Platform
30.9.2020
Bitcoin of America offers a number of convenient ways to transfer your bitcoin or litecoin to commonly used USD payment gateways like prepaid debit cards or a PayPal account. Read the guides below to find the method that’s best for you. Most commonly, bank transfers are used to transfer...
US Senate Candidate Lummis Is a Hodler, Sees Bitcoin as Alternative Store of Value to US Dollar
29.9.2020
US Senate candidate Cynthia Lummis is pro-bitcoin. She bought her first bitcoin during her time in Congress. Now she calls herself a hodler and sees the cryptocurrency as a viable alternative store of value to the US dollar. Bitcoin Advocate in the Senate Cynthia Lummis served Wyoming as...
New Initiative Rewards Artists For Bitcoin Street Art
29.9.2020
Source: Bitcoin Street Art / Twitter (cropped)
The Bitcoin Awareness Game is the latest initiative to foster increased use of cryptocurrency-related street art worldwide, with artists rewarded with satoshis (sats, smallest units of bitcoin) from sharing their contributions to spreading the crypto...
New Zealand Tax Agency Asks Crypto Firms to Hand Over Clients’ Personal Data
29.9.2020
The Inland Revenue Department (IRD) of New Zealand has requested that crypto companies in the country hand over their customers’ personal details, cryptocurrency asset values as well as the type of asset held. According to a September 28 report by Radio New Zealand, the tax agency says...
Bitcoin News Roundup for Sept. 29, 2020
29.9.2020
With bitcoin back in the driver's seat and the Filecoin launch fast approaching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
New DeFi Project NEW KANGEN (NEWG) Presale Will Start on 2nd October 2020
29.9.2020
As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform. New Kangen New kangen...
Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype
29.9.2020
Crypto research firm, Messari says new Defi token offerings or initial dex offerings (IDO) are a reincarnation of initial coin offerings (ICO) and warns average investors to steer clear these. The firm notes that several early participants of IDOs are the ones that typically make off with outsized...
Bitcoin and Altcoins Continue To Fail Near Major Range Highs
29.9.2020
Bitpanda Secures USD 52m For Its Expansion In Europe
29.9.2020
Competition in the European crypto exchange market is about to become more heated as Austria-based digital investment platform Bitpanda said it secured a USD 52m investment to support its expansion in the old continent.
The company said it closed "Europe’s largest Series A funding round...
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Bitcoin’s Big Believers: 6-Digits ‘Inevitable,’ BTC Has a Better Chance of Going to $100K Than Zero
29.9.2020
For a number of years now bitcoiners have predicted that the price of bitcoin will surpass its all-time high from 2017 and many believe it will rise to the $100k or six-digit price range. This week bitcoin enthusiasts discussed the possibility of the crypto asset reaching $100k at great length....
It Pays to Play the Long Game in Crypto – and Here’s the Proof
29.9.2020
A ground-breaking report on the crypto industry has uncovered evidence that suggests firms that hang on for the long haul are more likely to turn a profit.
These were the findings of a report by the Cambridge Centre for Alternative Finance, authored by Blandin et al, which surveyed some 500 crypto...
Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization
29.9.2020
The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s...
Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Says Proposal Is Right out of a Banana Republic Playbook
28.9.2020
U.S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use it or lose it” approach would benefit the U.S. economy as it promotes spending instead of saving. Cuban argues...
Bitcoin News Roundup for Sept. 28, 2020
28.9.2020
With bitcoin's record-breaking run above $10,000 and Twitter talking blockchain strategy, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
‘Fishing’ The Buffett Way: Fund Eyes BitPay, Kraken Shares, Buys Discounted Bitcoin
28.9.2020
Warren Buffett. A US-based blockchain and cryptoasset-focused investment fund has reportedly returned 93% this year by “fishing where no one else is fishing,” compared with an industry average of 57%.
The Off The Chain Capital LLC fund specializes in buying crypto-related assets “at fire-sale...
Crypto Market Sentiment Slips Within Neutral Zone, Bitcoin Alone on Top
28.9.2020
The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization has dropped below 5, to the current 4.98/10, as shown by crypto market sentiment analysis service Omenics. Last week it stood at 5.22 following a minor rise.
Seven coins have...