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Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
25.9.2020
Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted...
MakerDAO Users Hosed by March Flash Crash Won’t Get MKR Payouts, Say MKR Whales
24.9.2020
After initially voting to do so, the Maker community will not compensate investors who lost big on the lending platform during "Black Thursday's" price rout
The Tell Tale Signs of a Scam Crypto Website: Bitcoin-Up.Live
13.9.2020
From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that...
Sub-$10K Bitcoin price caused $653M open interest drop, largest since March
4.9.2020
Pro traders bullish sentiment softened after Bitcoin futures open interest fell in tandem with traditional markets which also recorded notable losses
V-Shaped Recovery From Bitcoin’s Biggest Drop Since March Unlikely, Say Analysts
4.9.2020
Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
NSA Whistleblower Edward Snowden Was Paid $35k to Discuss Bitcoin
19.8.2020
The notorious NSA whistleblower, Edward Snowden, was paid to discuss bitcoin and other digital assets at virtual conferences, according to a new court filing called “Edward Snowden Speaking Engagements 2015-2020.” Snowden has always been a supporter of digital currencies and during...
Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March
14.8.2020
The merculet token gained 160% from $0.00068 to $0.0011 in just 7 hours of trading on August 14. The price jump makes the token biggest gainer in 24 hours according to markets.Bitcoin.com. Despite the price surge, merculet had trading volumes of just $112,000. At the time of writing...
Grayscale Bitcoin Trust Saw Surge in Investor Interest After March
12.8.2020
Grayscale's Bitcoin Trust issued almost twice as many shares, but arbitrage could have played a role
Blockchain Job Salaries on the March in China
5.8.2020
Blockchain technology-related salaries are rising to almost 2.5 times the national average for workers in major cities in China – as demand for developers and specialists skyrockets in the country.
Per Chainnews, “hundreds of companies across the country are hiring blockchain staff, with monthly...
Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism
30.7.2020
The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...
93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday
29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...
Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos
27.7.2020
Although back in March, coronavirus seemed like a European problem, it was only a matter of time before it startedContinue Reading
The post Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos appeared first on CoinMarketCap Blog
Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos
27.7.2020
Although back in March, coronavirus seemed like a European problem, it was only a matter of time before it startedContinue Reading
The post Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos appeared first on CoinMarketCap Blog
BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic
24.7.2020
While many institutions struggled to recover from the market downturn experienced in March, publicly traded, blockchain focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285% in Q2 2020, through well timed investments in both Bitcoin (BTC) and Ethereum (ETH), and crossed the...
Bitcoin Futures Pass $1B in Open Interest on BitMEX for First Time Since March Crash
21.7.2020
Bitcoin futures open interest across all exchanges passed $4 billion Tuesday morning
Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop
18.7.2020
The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between...
PayPal Told EU It Had Crypto Plans Back in March
14.7.2020
PayPal had previously declined to say whether it had any designs in the crypto space; the letter from early March appears to confirm it
'Looks Bad' — Bitcoin Futures Echo Days Before March Crash, Says Trader
10.7.2020
Analysis of futures behavior is strongly reminiscent of the days before BTC fell to $3,600, Cointelegraph Markets’ filbfilb warns
Bitcoin Gold Copycat Rally ‘Just Started’ Amid Worries of March Repeat
9.7.2020
Growing belief in Bitcoin following gold higher contrasts with chart analysis, which shows multiple weaknesses remain