Binance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges. For an industry that is supposed to be based upon decentralization, it appears to be getting crowded at the top, with a number of companies transforming into unspoken oligarchs, each wielding huge influence — or at […]
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Bitcoin price dropped nearly 5% after rejecting at a key resistance level again, is it a buy the dip opportunity? Within the last hour Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324. The sharp correction came after the top ranked digital asset on CoinMarketCap failed to push through the $9,900-$10,000 resistance zone. At […]
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A monster 1.3M transaction block has been processed on the Bitcoin SV network. Blockchain service provider TAAL has processed the largest block to date on Bitcoin SV — 369MB in size and containing 1.3 million transactions. TAAL announced the milestone on Twitter. The block is an order of magnitude larger than anything currently achievable on […]
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Crystal Blockchain Analytics unveiled figures that show an increased value of Bitcoin transferred through the dark web, though the amount of Bitcoin was less. A study from Crystal Blockchain Analytics on May 19 shows that the total USD value of Bitcoins transferred on the dark web rose by 65% in Q1 2020, despite a decline […]
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Did CZ inadvertently admit to being involved in the management of CoinMarketCap? In a recent tweet, Binance (BNB) CEO Changpeng Zhao (CZ) may have inadvertently admitted his involvement in the management of the recently acquired CoinMarketCap (CMC). Following in Elon Musk’s footsteps? Zhao’s tweet from May 14 seemingly admits his involvement in managing CMC: Source: […]
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SBI Holdings started a joint venture fund with Redstone Digital, BitFlyer exchange aired a commercial, and more headlined news from Japan this past week. This week’s headlines from Japan included SBI Holdings pairing up with Redstone Digital for a joint venture fund, LayerX teaming up with GMO Aozora for digitalization research, Decurret working to put […]
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In the second part of Cointelegraph’s interview with Mance Harmon, he talks about blockchain-based coupons. After talking about Hedera’s Consensus-as-a-Service model in the first part of Cointelegraph’s interview, Hedera CEO Mance Harmon mentioned one specific use case of enterprise blockchain to organize industry cooperation. Like with public blockchains, enterprise-based solutions are a way of coordinating […]
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A database of 129 million Russian car drivers is being exposed on the darknet for just 0.3 Bitcoin or about $2,900. The major cryptocurrency, Bitcoin (BTC), continues to be actively used for illicit activity. Anonymous hackers have taken the data of over 129 million Russian car owners to expose it on the darknet in exchange […]
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CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month. Open interest on Chicago Mercantile Exchange Bitcoin options has skyrocketed over the past few days, to hit $142 million as of May 15. According […]
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$220 million in Bitcoin has left exchanges since the halving. Do users not trust exchanges or simply see it as a store of value? Almost 24,000 Bitcoin (BTC) have been withdrawn from exchanges since Bitcoin’s halving on May 11, according to Bitcoin Exchange Net-Flow data from on-chain market analysis platform Glassnode. The trend of Bitcoin […]
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