2,425 crypto assets represent less than 6% of the total combined cryptocurrency capitalization
Bitcoin broke our hopes again. We’ve watched it rise to almost $20 000 and drop back to $3k. In July with Bitcoin growing to $14k everyone expected it would skyrocket to $1 M. Unfortunately, anew, we see the falling star. So, what’s wrong about Bitcoin? Bitcoin is a decentralized currency, which means that no authority or government regulates it. And this is not possible ever to change. In terms of investment attractiveness, BTC is a two-end sword: while it seems to be a great investment opportunity, its high volatility makes it still tricky to rely on BTC. With this in
Critics of cryptocurrency have long accused the industry of collusion. And a recent article from Bloomberg, about the “Tether Mafia” controlling the supply, has done little to allay these fears. According to Coin Metrics, there are 318 addresses with a Tether holding of $1 million or more. And in total, these accounts make up $3.3…
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Bitcoin’s price has crashed to $10,000 in a somewhat volatile month, last trading at the $10,000 mark on Aug. 1
According to news published by TechCrunch on August 12, a newly established cryptocurrency derivatives exchange named Blade has received $4.3 million dollars in funding from notorious Silicon Valley investors including Coinbase. Funding Success Coinba…
Crypto derivatives platform Blade will allow users to trade its perpetual swap contracts in Bitcoin and altcoins with up to 150x leverage. Coinbase, as well as other giants, took part in this funding round.
New analysis of Tether market cap and historic Bitcoin price action is putting BTC closer to $20,000
Satoshi Nakamoto’s Bitcoin technology has inspired a lot of innovation spawning a myriad of tokens representing digitized assets. There are now token creation systems on blockchain networks like Omni Layer, Counterparty, and Ethereum. Each framework comes with the cost of sending tokens and right now the Simple Ledger Protocol is one of the cheapest most […]
The post Tokens Built on Bitcoin Cash Are Cheaper to Send Than Those of Rival Networks appeared first on Bitcoin News.
Very few cryptocurrency or blockchain projects make an impact on the scale of Tether and their USDT asset. In the case of this company, the public’s perception is anything but positive, despite how popular its asset has proven to be. New research by Coin Metrics confirms there are enormous Tether whales out there who own over $1m worth of digital dollars. The bigger question is whether these individuals and companies pose any real threat. Identifying Tether Whales When a project is marred by controversy as much as Tether is, every snippet of research will be scrutinized along the way. Since
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On Sunday night/Monday, Bitcoin (BTC) spiked. Within a matter of an hour or two, the crypto asset gained a few hundred points, breaking past key resistances like they were nothing more than soggy sheets of parchment paper. Related Reading: Report: Institutional Investors Are Behind Latest Bitcoin Rally; But Will BTC Keep Climbing? As normal, analysts,…
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