The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. Top Stories This Week YFI price soars to $38,800 hitting $1 billion […]
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This time it’s not your Wifi that’s the issue. Cloudlfare, an internet service provider responsible for various functions, went down Sunday morning, taking down many websites, including some crypto sites. The company confirmed in a tweet it experienced issues around 9:24 am Eastern time caused by a third-party transit provider. Network stability returned around 11 […]
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The power of a strong community in scaling blockchain-based projects should not be understated. Cryptocurrency was built on the premise that a reimagined financial system could exist. It was brought to life by a community that supported these ideals and worked tirelessly to bring them to fruition. As the blockchain community grows, so does the […]
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Average daily transfer value for Tether exceeded that for Bitcoin in August. The average daily transfer value for Tether has surpassed that of Bitcoin and PayPal according to recent research. A report by CoinMetrics has revealed that Tether’s 7-day average adjusted transfer value reached over $3.55 billion as of August 20. This is around 20% […]
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Bitfinex specifically lost 2/3 of its balances within the same timeframe. According to data from Glassnode, the exchanges it tracks currently hold 2.6 million Bitcoin. That is the lowest this amount has been since November 2018. Bitcoin balances on exchanges. Source: Glassnode. The trend toward users withdrawing their funds from the custodial exchanges first manifested […]
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Almost an even split between fiat and USDT Chainalysis contends that the new issuance of Tether (USDT) may dampen Bitcoin’s (BTC) bull run. In a weekly Market Intel newsletter, company’s chief economist Philip Gradwell said: Newly issued Tether arriving at exchanges can be used to buy Bitcoin just as much as existing Tether can be. But […]
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Developers could soon build dapps to run on multiple blockchains without compromise thanks to new cross-chain protocols. Cross-chain or blockchain interoperability research could finally be reaping results, with multiple projects launching interoperability protocols this week. Ontology (ONT), Neo (NEO) and Switcheo have collaborated to launch the “heterogeneous interoperability protocol alliance” Poly Network, while the NEAR […]
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He also warned that the U.S. dollar would become worthless. Internet entrepreneur and digital rights activist, Kim Dotcom, congratulated Twitter followers who bought Bitcoin based on his advice in 2018. According to a tweet published on August 17, the founder of the now-defunct file-sharing website, Megaupload, also praised followers that managed to capitalize on gold’s […]
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The growth of decentralized exchanges in 2020 has been phenomenal, but there is a hard ceiling with current technology. Decentralized exchanges, also known as DEXs, have risen significantly in popularity since the start of 2020, with both their user bases and volumes growing at an accelerating pace. The sector is currently being driven by so-called […]
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Warren Buffett’s Berkshire Hathaway sold bank stocks to buy a gold mining company, which will indirectly boost the price of Bitcoin, investors say. Berkshire Hathaway, the $503 billion conglomerate led by Warren Buffett, sold Goldman Sachs for a Canadian gold company Barrick Gold. Max Keiser, the founder of Heisenberg Capital and an early Bitcoin investor, […]
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