The number of Bitcoin Cash investors holding at least $3M dropped by 10 since Aug. 1 following the price surge to more than $311. Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto […]
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LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July. […]
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A massive short squeeze in the futures market is the likely reason behind Chainlink (LINK) price surging by 52% on Saturday. Chainlink (LINK) price continues to set new records as the DeFi-related token surged 52% to reach a new all-time high at $13.8799 today. Over the last 24-hours, LINK has surged by 52%, rallying from […]
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Republic is trying to swap one SEC exemption for another to move its security token from the private to public markets. On Aug. 5, Republic, a platform for investing in startups, announced that it had sold out commitments for coming fundraises for its security token, Republic Note, happening under two distinct exemptions. The firm is […]
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A U.S. startup is setting up a blockchain energy trading pilot in Los Angeles to promote electric van sharing. Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles. The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to […]
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Despite suffering its second 51% in a week, and major exchanges disabling deposit, withdrawal, and some trading services, Ethereum Classic is up 2% over yesterday. After suffering two major blockchain reorganizations over the past week, Ethereum Classic (ETC) has seen its hash rate plummet — exacerbating the risk of further 51% attacks targeting the network. […]
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Bitcoin Cash’s ABC and BCHN camps look set to compromise on the protocol’s coming upgrades in November. Amaury Sechet, the lead developer of Bitcoin Cash (BCH), has announced new plans for the network’s coming November upgrade designed to find a compromise between proponents of the ‘Bitcoin ABC’ and ‘BCHN’ proposals. Sechet posted on August 6 […]
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Top traders’ net exposure and institutional investors’ growing open interest in Bitcoin futures contracts show the market remains tilted toward bulls. Bitcoin (BTC) has been in a fairly strong bullish trend since mid-March when the price rebounded from the massive crash which saw the price drop as low at $3,600 on some exchanges. Regardless of […]
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Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic. A proposal made by the government of Kazakhstan aims to impose a 15% flat-rate tax on crypto mining. The plan would use any funds accumulated through the tax to deal with the COVID-19 crisis in the […]
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The funding rate is an essential mechanism to allow derivative instruments to track the spot price of their underlying asset. Since the “digital Sleeping Beauty,” Bitcoin (BTC), woke up about two months after its third halving in mid-May 2020, we have read a lot about the “funding rate” of digital assets futures — from good […]
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