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Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher
24.4.2021
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from...
Nigeria’s SEC in Talks With Central Bank of Nigeria Over Crypto Regulation— 2020 Crypto Guidelines Still Suspended
17.4.2021
Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto...
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
17.4.2021
Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as...
Tether's Assets Exceeded Its Liabilities (On February 28) - Auditor
30.3.2021
Source: iStock/standret, Cryptonews.com
Tether, the issuer of the most popular stablecoin, tether (USDT), published its independent accountant's report that claims that the company's assets exceed its consolidated liabilities "as of 28 February 2021 at 11:59 PM UTC."
Cayman-based...
TimeCoin’s Off-Market Token Sale
24.3.2021
PRESS RELEASE. The Special Token Sale of TimeCoin (TMCN) was launched on February 15th, 2021, with a 93% discount on the token’s current market value. The token was launched on November 11th, 2020 on BitForex as an IEO, at an initial price of $0.7. After the launch, the price rose to $11,...
Student Coin Already Raised Over $8.7M in STC Sale
18.3.2021
PRESS RELEASE. To bring the crypto area one step forward, a dedicated team developed one of the most intriguing utility tokens that will forever change the way you see crypto – the STC token, available on its dedicated ICO since February 1st. What is an STC token? STC is the core utility...
Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013
12.3.2021
While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50 bitcoin from 2010 was transferred for the first time in over a decade....
Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying
8.3.2021
Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would...
Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies
7.3.2021
The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the same data, this new low is...
Watershed moment? Bitcoin price exceeded all expectations in February
4.3.2021
Is this the moment of truth for the real value of Bitcoin? February seems to have been a watershed moment in its history
Top 3 NFT brands sales grew 381% in February
3.3.2021
The NFT explosion is one of the most talked about events for crypto in 2021, with sales from several platforms breaking records on a weekly basis
xSigma DEX Launch: More Than $100M in Liquidity Pooled on First Day
2.3.2021
PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity...
An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash
2.3.2021
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were...
En route to $200K? Bitcoin closed February 26% above Stock-to-Flow model price
2.3.2021
Bitcoin is actually overshooting the popular S2F model price as the month of March begins
Leverage traders 'flushed out' by late-February crypto crash: Glassnode
2.3.2021
Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market
Hyperbitcoinization’s Small Minority: Economist Says Bitcoin’s Growing Success Will Lead to Perverse Consequences
1.3.2021
Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still captures a large $900 billion valuation. On February 26,...
BlockFi clients earn record interest payments in February
1.3.2021
Zac Prince, BlockFi’s CEO, said his company paid out 450 in BTC, 5,000 in ETH and 6 million in stablecoins last month
Coin Race: Top Winners/Losers of February; Binance Coin Wins the Race
1.3.2021
And the fields of green continued. Following a successful January for the most top 100 coins by market capitalization, February brought further gains, with only two coins - that's right, only two out of 100 - ending the month in red.
Even though the markets turned red in the past week, it still...
20 Bitcoin Block Rewards from 2010 Moved Today, Mystery Miner Spent $400 Million in BTC Since Black Thursday
28.2.2021
On Saturday, February 27, 2021, news.Bitcoin.com reported on the great number of 2010 and 2011 block rewards being spent this year. In that report, it was said that the mysterious whale entity we’ve been hunting “did not move a major string of bitcoin’s” since January...
The $282 Million Awakenings: 120 Bitcoin Block Rewards from 2010 and 2011 Woke Up This Year
27.2.2021
On February 25, onchain analysts noticed two 2010 block rewards that were transferred after sitting dormant for over a decade. A lot of old blocks have been spent in 2021, and after the large strings of 2010 block rewards spent on January 3rd and 10th, another massive string of 20 block rewards...