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American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System
30.5.2020
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken...
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
CoinMarketCap Revamps Market Pairs Ranking to Empower Users Against Volume Inflation
29.5.2020
Volume inflation has been a problem in the cryptocurrency space since 2018, with exchanges reporting inflated trading volumes to giveContinue Reading
The post CoinMarketCap Revamps Market Pairs Ranking to Empower Users Against Volume Inflation appeared first on CoinMarketCap Blog
Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving
29.5.2020
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC...
Bitcoin Sees First 12-Month Period with Losses Since 2019 Rally
27.5.2020
After a series of lower highs for bitcoin (BTC) price since its last major rally in 2019, some investors in the number one cryptocurrency may be forced to adjust their expectations, the latest return figures suggest.
Following a decline in the bitcoin price of nearly 9% over the past 7 days,...
$9M and Over 4,500 Fusions – Bitcoin Cash Supporters Anticipate the Cashfusion Audit
27.5.2020
Since November 28, 2019, the Cashfusion protocol has helped facilitate 4,583 fusions to-date with roughly 40,564 bitcoin cash ($9.1M). Cashfusion is an extension of the Cashshuffle platform and the protocol has been deemed “far more practical than other coinjoin protocols.” Bitcoin Cash...
How Bitcoin Mining Changed After the Halving
26.5.2020
Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading
The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog
FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash
25.5.2020
THETA and THETA Fuel have rallied 1000% since Black Thursday, is it time for altcoins to rally as Bitcoin price falls?
Bitcoin Cash Tokenization Bolstered by the Creation of an SLP Foundation
25.5.2020
On Monday, Bitcoin Cash (BCH) supporters were introduced to a Simple Ledger Protocol alliance called the SLP Foundation. According to the initial members, the SLP Foundation has been in the works since December 2019, and the primary goal is to foster SLP innovation and standards. Meet the...
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the Halving
22.5.2020
Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later,...
People Are Removing the Most Bitcoin From Exchanges Since 2018 Bottom
21.5.2020
Exchange reserves hit an 18-month bottom while miners keep selling despite lower revenues after the halving
50 BTC Just Moved for First Time Since 2009 – But It Doesn’t Look Like Satoshi
20.5.2020
50 bitcoin held in an inactive wallet since 2009 were moved Wednesday, but there's little to support the belief that creator Satoshi Nakamoto mined those coins
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie
20.5.2020
Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows. According to crypto data company The Tie, the 30-day average daily sentiment score is...
Covid-19 Economy Fuels Faith in Crypto: Trust In Bitcoin Over Banks Increased 3X Since 2017
19.5.2020
The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows...
Bitcoin's Sentiment Score Post-Halving Rises to Highest Since 2017
19.5.2020
Crypto data company The TIE posted data showing the positive tweets about Bitcoin following the rewards halving are at an all-time high
Bitcoin Demand Pushes Tether Below $1 for Longest Stretch Since March
18.5.2020
Tether, the oldest and largest stablecoin tied to the U.S dollar, has fallen below par value for the longest stretch since bitcoin dropped to 12-month lows in March
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise
16.5.2020
During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela...