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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,...
Crypto Market Sentiment Leaves the Positive Zone; Only Tether Green
1.3.2021
Source: iStock/da-kuk
Along with the drop in prices this past week, came a drop in the market sentiment as well. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell out of the positive zone after three weeks, recording 5.77 today, compared to last week's...
Cardano Meets Mary Today as ADA Still Occupies 3rd Spot by Market Cap
1.3.2021
Cardano founder Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson
Cardano (ADA)'s Mary update is coming today, bringing native tokens, decentralized finance (DeFi), and non-fungible tokens (NFTs) to the network. Meanwhile, ADA is keeping its recently conquered 3rd stop...
Decentralized Storage Market Launches on Crust Network
1.3.2021
PRESS RELEASE. Decentralized storage is a crucial infrastructure in the technical field. With the Filecoin mainnet launch in October of 2020, Filecoin and IPFS are now leading the decentralized storage field. One of the star projects of the IPFS/Polkadot ecosystem, Crust Network proposes...
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
Dogecoin hasn't always been a 'fun meme coin'
28.2.2021
Did you know that Dogecoin used to sponsor a NASCAR driver? Learn some unbelievable stories behind Elon Musk's "favorite" cryptocurrency
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
28.2.2021
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns...
Welcome To Hell, Bambi
27.2.2021
This week on Snapshots we have some great Assasin’s Creed shots, a laid back Spider-Man, a large rodent in danger, some nice-looking vistas, and one very, very lost deer. Read more
Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month
27.2.2021
The total assets under management across all crypto exchange-traded products (ETPs) worldwide have risen 50% this month to nearly $44 billion. Among listed products, Grayscale’s bitcoin trust tops the list with the most assets under management while Bitwise’s fund was the best...
This bullish Bitcoin options strategy lets traders speculate on BTC price with less risk
27.2.2021
Hate being liquidated? Here’s how traders use the Long Butterfly options strategy to generate profits with less downside risk
Grayscale's Bitcoin premium has dropped to record lows below zero
27.2.2021
Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows
Increasing stock market volatility drags Bitcoin and altcoin prices lower
27.2.2021
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
DeFi mainstays headline Grayscale’s list of new products under consideration
26.2.2021
Ethereum protocols account for over a third of Grayscale's assets under consideration for listing as exchange-traded products
DOGE Dips With Market While Musk Laughs at SEC Investigation Rumor
26.2.2021
The coin that could well be the memest of all memecoins, dogecoin (DOGE), continues swimming in the sea of red today alongside the rest of the market. Meanwhile, Tesla supremo and the mover of markets Elon Musk seems quite amused by a rumor of a US Securities and Exchanges Commission (SEC)...
Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold
26.2.2021
Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. Munger also says he doesn’t know which...
Twitter Passes Stimulus Package for the Very Online
25.2.2021
Twitter is finally rolling out a way to get paid for tweeting that doesn’t involve putting a Venmo link in your bio, promoting a Patreon, or using the app to hunt for a rich spouse.Read more
$580M open interest makes Cardano (ADA) the third largest futures market
25.2.2021
The open interest for ADA futures rose to $580 million, flipping Litecoin to become the third-largest derivatives market
Altcoins bounce to new highs as Bitcoin price trades sideways under $50K
25.2.2021
Bitcoin struggles to hold the $50,000 level while positive announcements help several altcoins breakout to new all-time highs
Bitcoin Is 'Perfect' For The USD 20T Global Collateral Market - Research
25.2.2021
Bitcoin (BTC)'s unique features make it a perfect collateral asset, providing it with major potential to capture a share of the global collateral market which is estimated at close to USD 20trn, according to Norwegian crypto-focused research firm Arcane Research.
“Based on our calculations and data...