Exchanges use leverage like banks with cryptocurrencies, the agency argues, appearing to support self-ownership of private keys. There is actually more than 21 million Bitcoin (BTC) in the world, ratings agency Weiss has claimed as it eyes major exchanges. In a tweet on May 25, Weiss, which is well known for its controversial cryptocurrency posts, […]
Continue Reading
A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week. Bitcoin (BTC) faces a challenging week as $9,000 support fades and uncertainty increases after the halving — what should you look out for in the coming days? Cointelegraph’s weekly summary takes […]
Continue Reading
Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges. Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains: “In […]
Continue Reading
Crypto adoption appears to be growing across the continent of Africa. Crypto adoption is making significant advances in Africa, with crypto ownership, trade volume, and regulation all moving toward greater adoption. A recent report by Arcane Research and Luno found that Uganda, Nigeria, South Africa, Ghana, and Kenya are frequently among the top 10 countries […]
Continue Reading
Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
Continue Reading
As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019. Within the last hour Bitcoin (BTC) price dropped to $8,840. The drop came with less than 8 hours left before the weekly close. A confluence of miners selling more BTC than they […]
Continue Reading
If Bitcoin remains in an uptrend, these altcoins are likely to outperform the other major cryptocurrencies this week. The institutional interest in Bitcoin (BTC) has increased in the past few months, according to data from Grayscale Bitcoin Trust. If the trend continues at the same pace, by March 2021, GBTC would have purchased 75% of […]
Continue Reading
It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth. The third Bitcoin (BTC) halving has settled, and the Bitcoin network has just experienced its first difficulty adjustment post third halving. The difficulty has decreased from 16.1 trillion to 15.14 trillion, which is about […]
Continue Reading
Crypto fund manager Grayscale Investments is believed to have purchased one-third of new Bitcoin for three months. Grayscale Investments, a crypto investment fund manager and subsidiary of Barry Silbert’s Digital Currency Group, is estimated to have purchased up to one-third of all newly minted Bitcoin during the past three months amid the run-up to the […]
Continue Reading
Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation. Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin. On May 23, Mike Dundas, the founder of crypto media […]
Continue Reading