Stablecoin Tether has just surpassed XRP as the third-largest cryptocurrency and is now the second-largest altcoin behind Ethereum’s Ether (ETH). Tether’s (USDT) has just surpassed XRP in market capitalization, becoming the third biggest cryptocurrency in the moments leading into the Bitcoin halving. Sitting with a market cap of $8.79 Billion it is now bigger than […]
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Since being granted a DCO by the CFTC and offering digital asset futures trading in December, ErisX has expanded its offering to ETH. Chicago-based crypto exchange ErisX has notified its members and participants that it will start offering trading on Ether futures in the United States. According to a company blog post on May 11, […]
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When Brazil’s central bank lowered its interest rates to 3%, potentially driving out some investors, it may have opened the doors for BTC. Bitcoin’s year-to-date performance compared to the Brazilian Real coupled with the country’s financial woes may help drive demand towards the cryptocurrency. According to a new report released May 11 by Delphi Digital […]
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The number of Bitcoin addresses with balances less than 1 BTC has increased by more than 100% since the second halving in July 2016. The number of Bitcoin addresses since the second halving has increased across the board, but the number of small wallets with balances of less than 0.1 BTC saw the greatest improvement. […]
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Bitcoin halved successfully and even though BTC failed to rally investor sentiment remains bullish. The long awaited Bitcoin halving came and went, bringing with it whipsaw volatility which saw the price whipsaw 5% to 7% in each direction for the last three hours leading up to block 630,000. Earlier in the day, the top-ranked digital […]
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Chainlink introduces trusted decentralized randomness into the crypto ecosystem. On May 11, Chainlink (Link) announced the launch of a verifiable random function (VRF) that enables generation of on-chain trusted randomness. Ii is undergoing security review on the testnet where it is available for integration testing. Initially, it will work with the Ethereum (ETH) blockchain. Benefits […]
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In the final block, Miner f2pool immortalized a NY Times article highlighting the similarities between the 2008 financial crisis and today. Just before Bitcoin experienced its third halving, which cut the block reward from 12.5 BTC to 6.25 BTC, the miner who extracted the cryptocurrency’s final block had a special message for all HODLers. F2pool, […]
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On Sunday, Lightning Labs CEO Elizabeth Stark explained why exchanges have been hesistant to integrate Bitcoin’s Lightning Network. The Lightning Network has been live for a few years now, but Bitcoin exchanges still haven’t joined the party — at least for the most part. Bitfinex is the most notable exception to the rule, as they […]
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What a twist! YouTube pulled the plug on our seven-hour livestream. YouTube’s censorship rabbit hole is deep, especially as it pertains to cryptocurrency topics. Cointelegraph had a full day of programming lined up for a livestream that covered Bitcoin’s third block halving on May 11. The agenda mostly went off without a hitch — fintech […]
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Cryptocurrency hedge funds’ assets under management doubled in 2019, but the launch of new funds depends on Bitcoin prices. The “2020 Crypto Hedge Fund Report,” published on May 11 by PwC and Elwood Asset Management Services Ltd., said that cryptocurrency hedge funds’ assets under management doubled in 2019. According to the survey, total assets under management […]
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