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How Miners Can Hedge Their Inventory to Increase Return on Investment
10.8.2020
Strategies from the world of traditional finance could offer promise for miners who want to lower the risk associated with holding inventory
Fed's 'Lower Rates - Increase Inflation' Plan Might Help Bitcoin Too
6.8.2020
The US Federal Reserve, the country's central banking system, might announce its policy review soon, a major aspect of which would be keeping interest rates low for years to come while trying to increase inflation and employment numbers. This strategy would be "bullish" for alternative...
Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
6.8.2020
Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit jumped 711%. Square Cash App’s Bitcoin Revenue Square released...
Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest
5.8.2020
Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in...
Square Reports 600% Increase in Quarterly Bitcoin Revenue
5.8.2020
Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business
Digital Art Trading Platform ‘SuperRare’ Sees Volume Increase 365%
5.8.2020
The digital art scene is becoming a hotbed of activity for non-fungible tokens
Bitcoin Miners Saw 7% Revenue Increase in July
1.8.2020
Bitcoin miners earned $300 in revenue during July
Bitcoin and Altcoins Start Fresh Increase, Ethereum Outperforms
31.7.2020
Bitcoin price remained stable above the USD 10,800 support and recently started a steady rise. BTC surpassed the USD 11,050 level and it is currently (08:30 UTC) trading near USD 11,100. The main hurdle on the upside is still USD 11,250, above which the bulls might aim at a new multi-week high...
pNetwork Launches Yield Farming Programme, Steroids
24.7.2020
The pNetwork, the decentralised ecosystem backing the cross-chain pTokens solution, has announced the launch of its yield farming programme, Steroids. The programme will run for a period of one month and will award Uniswap liquidity providers with up to 10% monthly interest, distributed in pNetwork...
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Bitcoin and Altcoins Showing Signs of Increase in Selling Pressure
16.7.2020
Bitcoin price failed to remain stable above USD 9,200 and it is currently (08:30 UTC) down 1%. BTC is trading below USD 9,150 and it seems like the bulls are losing control. The main support is near USD 9,050 and USD 9,000, below which the price could start a new bearish wave.
Similarly, most major...
First Mover: Kyber Token’s Eightfold Increase Reveals Bet on Future Market-Share Growth
10.7.2020
Prices for decentralized exchange Kyber's KNC token have jumped eightfold in 2020, outshining the performance of Binance's BNB coin
Switching Bitcoin to 100% ASIC Mining Could Increase Security 2000X
10.7.2020
ASIC miners are the best option for Bitcoin network security well into the future, new research has found
700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala
6.7.2020
More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its 2 million properties...
Bitcoin Miners Hodl More As BTC Trades Sideways Ahead of Difficulty Increase
6.7.2020
Bitcoin (BTC) miners have been hodling more for several weeks now, as the price holds above the USD 9,000 mark. Meanwhile, BTC mining might become more difficult in a week.
It seems that at the time when more Bitcoin miners have been turning their machines on, increasing hashrate, or...
Bitcoin Holds Steady Above USD 9,000, Altcoins Starts Fresh Increase
6.7.2020
In the past few days, bitcoin bears made more than two attempts to clear the USD 9,000 support. BTC spiked below USD 9,000, but it recovered quickly. The price is currently (08:30 UTC) up over 2% and it is approaching the USD 9,240 and USD 9,300 resistance levels.
Similarly, most major altcoins...
Bitcoin Pauses Below USD 9,300, Altcoins Signaling Fresh Increase
2.7.2020
Recently, bitcoin price made another attempt to break the USD 9,300 resistance, but it failed. BTC is currently (08:30 UTC) consolidating near the USD 9,200 level and it seems like there are chances of an upside break above the USD 9,300 resistance in the next few sessions.
XRP/USD
Total market...
A ‘Significant Increase’: UK Regulator Says 2.6 Million Residents Have Bought Cryptocurrencies
2.7.2020
The UK’s top financial regulator has conducted a survey and found a “significant increase” in the number of crypto owners and awareness of cryptocurrencies. The regulator estimates that 2.6 million people in the country have bought cryptocurrencies, most of which were from non-UK...
CBDCs Might Increase Central Banks' Footprint on Financial System - BIS
30.6.2020
The introduction of central bank digital currencies (CBDCs) could potentially lead to central bank expanding its footprint on the financial system, according to Economic Adviser and Head of Research at the "central bank of central banks," the Bank for International Settlements (BIS)....
Billionaire Says an Exponential BTC Price Increase Would be a Disaster
26.6.2020
Chamath Palihapitiya says Bitcoin is uncorrelated to financial markets, which is one reason people should invest 1% of their wealth in it