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Turbulent Crypto Markets Expected – 87K Worth of Bitcoin Options Set to Expire on Friday
21.9.2020
Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on Monday, as the Dow Jones...
Price analysis 9/21: BTC, ETH, XRP, BCH, DOT, BNB, LINK, CRO, LTC, BSV
21.9.2020
The market has taken a bearish turn and Bitcoin and altcoins will need strong relief rallies in order to restore their uptrends
Publicly Listed Energy Firm Equinor Exploits Gas Flaring in North Dakota to Mine Bitcoin
21.9.2020
Just recently, the firm Arcane Research recently revealed a number of screenshots from the publicly traded energy firm, Equinor. The pictures show the multinational company leveraging natural gas flaring to power bitcoin mining operations. In recent years, using the unorthodox gas flaring scheme...
Over 40 Bitcoin Forks Are Down More Than 98% Since 2017’s Forking Fiesta
21.9.2020
Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years. There are three...
Top 5 cryptocurrencies to watch this week: BTC, NEO, XMR, ADA, LINK
20.9.2020
Bitcoin is attempting to form a bottom altcoins continue to decline, which opens up opportunities on the long and the short side
Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours
20.9.2020
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased $425 million worth of bitcoin. Billion Dollar...
Bitcoin Mining Difficulty Zooms to All-Time High, But BTC Price Moves Faster
20.9.2020
After the Bitcoin (BTC) mining difficulty jumped sharply today, mining has become 20% more difficult than right before the third BTC halving in May. However, in the same period of time, the price of the most popular cryptocurrency rallied by 27%, saving miners' profit margins.
On Sunday morning...
Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents
20.9.2020
A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed...
Bitcoin price volatility expected as 47% of BTC options expire next Friday
20.9.2020
47% of Bitcoin options expire next Friday, meaning BTC could be on the verge of a trend defining move
Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains
19.9.2020
The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed...
Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate
19.9.2020
A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who...
Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers
19.9.2020
While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners...
East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind
19.9.2020
Crypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other...
Price analysis 9/18: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV
18.9.2020
Bitcoin and altcoins are facing selling near key resistance levels, but for now the possibility of a sharp fall remains low
Blockchain Bites: Airdrops, Record Volumes, $1B BTC on Ethereum
18.9.2020
Ethereum miners are reaping revenue from increased transaction volume from DeFi, as more than $1 billion worth of BTC migrates over
Switchere: Buy Crypto with CC, Pay with Local Banks, Swap and Sell Coins Online
18.9.2020
Presently, the crypto market is witnessing an incredible growth and massive adoption worldwide. Digital transformation and tokenization give freedom to deployment of cryptocurrencies in everyday life. However, one thing worth careful considering is how to choose a trustworthy online crypto exchange...
Bitcoin maxis DeFi ideology as BTC tokenized on Ethereum tops $1B
18.9.2020
Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens
Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B
18.9.2020
The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however...
Kiss’ Gene Simmons Tweets Cryptic Message About His Bitcoin Plans
17.9.2020
Rock band Kiss’ lead singer Gene Simmons has tweeted a cryptic message about bitcoin in response to a discussion on making cryptocurrency accessible to the masses. Simmons previously said he was interested in bitcoin, noting that its price goes up every time people think it’s dead. Gene...
It’s a bull trap! 3 key metrics forecast Bitcoin price rejection at $11K
17.9.2020
3 key indicators signalled that Bitcoin’s rally to the $11K level was a dud