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Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020


The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday...

The Mad Magazine Fold-In Effect in CSS


This was always my favorite thing in Mad magazine. One page (the inside of the back cover, I think) was covered in a zany illustration. You folded that page in thirds, covering up the middle-third of that image, and a new image would form because the illustration was designed to perfectly line...

83% of Bitcoin Addresses Currently Profitable, Says Glassnode


At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable...

The Best Design System Tool is Slack


There’s a series questions I have struggled with for as long as I can remember. The questions have to do with how design systems work: Where should we document things? Do we make a separate app? Do we use a third-party tool to document our components? How should that tie into Figma or Sketch?...

China Passes Law Protecting Cryptocurrency Inheritance


China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum...

Bitcoin Fees Fall 60% While Transaction Count Declines


Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...

XRP Loses its Position as the Third-largest Cryptocurrency


Cryptocurrency is a type of digital currency with cryptography, used for providing a secure medium for exchange. The model of Ripple (XRP) was presented in 2004, which makes it older than Bitcoin. Initially, it did not receive any significant response, as it was a decentralized payment policy....

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving


Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC...

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode


Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...

How Bitcoin Mining Changed After the Halving


Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog

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