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BTC record in sight, ETH rallies, Uniswap disaster: Hodler’s Digest, Nov. 16–21
21.11.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Grammy Nominated Hip-Hop Star Logic Dropped $6 Million Into Bitcoin Last Month
20.11.2020
During the last few months, a slew of celebrity luminaries, millionaires, and even a number of billionaires have announced taking the plunge into the crypto asset economy. On Thursday evening, the former rapper Robert Bryson Hall II, known professionally as “Logic,” revealed...
Zcash Undergoes First Halving as Major Upgrade Drops ‘Founders Fund’
18.11.2020
Alongside the halving, Zcash has rolled out its Canopy upgrade that replaces the Founder's Fund with built-in funding for development
Bitcoin Rally Falters as Price Drops Below £16K
14.11.2020
The cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours
DeFi Akropolis Drops 20% Following a USD 2M-Heavy Hack
13.11.2020
Decentralized finance (DeFi) platform Akropolis is seeing its native coin AKRO drop nearly 20% in a day so far, following a hack that made the attacker some USD 2m richer.
AKRO, ranked 268th by market capitalization on Coinpaprika, is trading at USD 0.0097 this morning (at 7:27 UTC). It dropped...
Hut 8 Mining Revenue Drops 43% in Q3 Despite Hash Power Increase
12.11.2020
Hut 8 mining revenue has fallen for 5 consecutive quarters
Market Wrap: Bitcoin Drops as Low as $14.8K; ETH Options Open Interest at Record High
9.11.2020
Bitcoin’s price performance has been choppy while ether options trading has gained steam
Bitcoin Drops as Trump Threatens to Stop Vote Counting
4.11.2020
Bitcoin fell after President Trump alleged "fraud” in the presidential election and pledged to stop vote counting
Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
30.10.2020
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped...
Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally
29.10.2020
The cost of doing transactions on bitcoin is surging at a time the network is suffering its worst congestion in nearly three years
Gold drops to 7oz per BTC as Peter Schiff calls Bitcoin ‘biggest bubble’
29.10.2020
Gold sinks to yearly lows against Bitcoin but Peter Schiff remains convinced that the former's price gains are ill-gotten
Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions
29.10.2020
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool...
Bitcoin price drops to $13.3K after matching peak of 2019 bull run
28.10.2020
Briefly challenging $14,000 produced major volatility for BTC/USD, which subsequently retreated by over $500 in hours
Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops
21.10.2020
Bitcoin’s price hit a 2020 record as ether’s share of the market dips
187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June
17.10.2020
Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen...
Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting
10.10.2020
The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...
P2P Bitcoin Trading Drops in Argentina Amid Torrid Times for Fiat Peso
9.10.2020
Source: Adobe/Rochu_2008
The bitcoin (BTC) boom in Argentina appears to have hit a bump in the road, with peer-to-peer (P2P) BTC volumes dropping in Argentina in the past few weeks – despite a wretched month for the Argentinian peso.
As previously reported, 2020 has been a breakthrough year...
Bitcoin price fundamentals in ‘moon mode’ as BTC held on exchanges drops
8.10.2020
Analysts believe Bitcoin’s on-chain fundamentals point to a 2017-style bull run
DeFi market cap drops 25% in one day
8.10.2020
The DeFi markets took a sharp downturn yesterday, with the combined capitalization of DeFi assets falling 25% while volumes shrunk 30%
BitMEX Open Interest Drops, Withdrawals Increase
6.10.2020
The troubled major crypto derivatives exchange BitMEX has seen large drops in both open interest, and bitcoin (BTC) balances held on the platform.
Following the news last week that three owners of BitMEX and five related companies charged with operating an unregistered trading platform...