Former Trump chief of staff Mick Mulvaney foresees an “avalanche” of regulations if Biden wins the election, what’s this mean for Bitcoin price? Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a […]
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The race for first place in DeFi’s total value locked heats up. The statistics for total value locked, or TVL, in decentralized finance are being rocked by Aave (LEND), a lending protocol that has now taken MakerDAO’s mantle as the most popular destination for Ethereum-based assets. According to data from DeFi Pulse, Aave holds $1.44 […]
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Coronavirus stimulus failures show just how irrelevant the dollar supply has become and this “a wakeup call” for those not looking at Bitcoin, Cameron Winklevoss argues. The United States’ failure to agree on Coronavirus stimulus shows that the dollar is “funny money” and endorses Bitcoin (BTC), says Cameron Winklevoss. In a tweet on Aug. 6, […]
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Unique entities hit their highest weekly average since early 2018 as bullish network momentum snowballs. Bitcoin (BTC) is seeing a surge in interest this summer, as consumer awareness is reflected in unique network entities hitting more than two-year highs. Unique entity growth mirrors 2017 bull run More unique entities are joining the Bitcoin network as […]
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30-day realized volatility for Bitcoin drops to its lowest levels since 2017, while Tesla beats performance at over $1,500. Bitcoin (BTC) set another dubious record on July 15 as realized volatility sank to its lowest in three years. According to data from on-chain analytics resource Skew, 30-day realized volatility recorded its smallest reading since 2017 […]
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Gains from a fresh viral campaign in support of DOGE on TikTok lead to an appeal to speculators from the @Dogecoin account. Meme-based cryptocurrency Dogecoin (DOGE) is warning traders against speculation after its price gained 50% in 24 hours. In a tweet on July 8, the controller of the @Dogecoin Twitter account appealed to buyers […]
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Seven-day average hash rate passes 123.4 EH/s for the first time as network fundamentals defy bearish price action. An essential Bitcoin (BTC) metric has hit a new all-time high as miners pledge ever more computing power to securing the network. Data from various resources including Blockchain confirms that on July 6, Bitcoin’s seven-day average hash […]
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CME Group sees a new all-time high for combined Bitcoin derivatives open interest, with options driving the momentum. Bitcoin (BTC) options continue to see record open interest this week with a $1 billion expiration just one day away. According to data from on-chain analytics tool Glassnode and others, demand for options continues to underscore the […]
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The U.S.’ latest national debt landmark comes as Bitcoin circles $10,000 and puts the cryptocurrency’s digital scarcity back in the spotlight. The United States now has debt equal to a giant 2.65 billion Bitcoin (BTC) — more than 21 times the number of coins that will ever circulate. According to figures by statistics monitor U.S. […]
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Zilliqa may be due for a correction after monstrous gains as (ZIL) price is running into some considerable resistance levels on the charts. While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular, the 40th-ranked cryptocurrency by […]
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