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Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War
27.7.2020
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. Meanwhile, the Lebanese pound has lost 82% of its value this year....
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%
18.7.2020
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share...
Riot Blockchain Boosts Its Hash Rate By 45% With 1,000 New Antminers
17.7.2020
Riot Blockchain is deploying its first tranche of 1,000 Antminers S19 Pros and expects its hash rate to tag 357 petahashes per second
Binance Pool Poised to Grab More Bitcoin Hash Rate in Russia and Central Asia
17.7.2020
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region
Macro Indicators Predict BTC Rally as Bitcoin Price Volatility Sees 3-Year Low
15.7.2020
Four macro indicators suggest a Bitcoin uptrend is near, following nearly two months of stagnation in a tight range
Bitcoin Mining Difficulty Hits Record High of 17345948872516.06
13.7.2020
Just two months after May’s Bitcoin halving event, both hash rate and difficulty have shrugged off post halving dips to hit new all-time highs
Christophe Cieters: Monopoly Money
12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...
Bitcoin Hash Rate Hits Record Average High Defying BTC Price Bears
7.7.2020
Seven-day average hash rate passes 123.4 EH/s for the first time as network fundamentals defy bearish price action
A New Price Valuation Model Says $10,670 Fair Value For Bitcoin
6.7.2020
Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just above $9,100. In a blog posting this past Thursday, Seba says the model’s estimate relies...
Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply
2.7.2020
A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving...
Bitcoin Analyst: Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’
1.7.2020
Zimbabwe-style mayhem is a possible outcome from a flood of cheap money hitting the global economy, warns MMCrypto
Max Keiser: US Hash Rate War With Iran Can Send Bitcoin Price to $500K
30.6.2020
The “Mona Lisa of the 21st century” will come of age as Trump competes with Maduro and Ayatollah Khomeini for Bitcoin hash rate, Keiser says
At This Rate Grayscale Will Own 3.4% of All Bitcoin by January
26.6.2020
Grayscale Investments has added 19,879 BTC to its Bitcoin Trust in the last week, purchasing Bitcoin faster than the tokens can be mined
Liquidity Mining With Compound Finance — Just a Fad, or the Latest Toolbox After IEO, ICOs?
25.6.2020
Introduction to Compound Finance What Is It? Compound Finance is an algorithmically-operated, decentralized, interest rate protocol for lending and borrowingContinue Reading
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Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty
24.6.2020
Bitcoin's mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual
CryptoAltum, The CFD Trading Platform With 1:500 Leverage
23.6.2020
CryptoAltum, a popular MT5 platform, executes trades using market execution with all trades filled at the best available price in the market. The company uses Fill or Kill orders meaning orders are filled entirely at the best available price, with no partial fills and a 100% execution rate. Fills...
Bullish Signs for Bitcoin Price After Record BTC Difficulty Adjustment
22.6.2020
The Bitcoin blockchain network recently saw its biggest mining difficulty adjustment in more than two years. Yet, the sentiment remains positive
Delta Exchange Launches Crypto Interest Rate Swaps
18.6.2020
Traders may now be able to hedge the risks they face from interest rate payment fluctuations in perpetual contracts
Dollar Crash Imminent, Former Morgan Stanley Chief Economist Stephen Roach Predicts
18.6.2020
Stephen Roach, former chief economist at Morgan Stanley, has predicted that a dollar crash is coming, forecasting a 35% drop in the dollar’s value against other major currencies. He expects the U.S. national savings rate to sink deeper into negative territory than it has ever done before....