Tagged: bitcoin

November 20, 2020 @ 1:37 pm By Omar Faridi  |  

The Bitcoin (BTC) price has been hovering around $18,000 for the past few days. According to blockchain analysis firm Chainalysis, this means that we’re in the midst of a significant price surge that has not been seen since the bull run of late 2017 and… Read More

November 18, 2020 @ 1:09 pm By JD Alois  |  

Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, says it has topped $10 billion in assets under management (AUM). In fact, the investment firm says that last week it experienced an inflow of… Read More

November 17, 2020 @ 9:22 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes that between October 15 and November 15, 2020, the total market cap for crypto-assets surged from $359 billion to as high as $468 billion toward the end of the latest week – which represents a 34-month high…. Read More

November 16, 2020 @ 8:08 am By Omar Faridi  |  

US-based crypto exchange Kraken recently published its Bitcoin volatility report covering the month of October 2020. Kraken Intelligence, which is the exchange’s team of in-house research professionals, has noted that each month, they take an extensive look into the fundamental and technical factors that impact… Read More

November 15, 2020 @ 7:51 pm By Omar Faridi  |  

Kevin Rooke, a digital asset analyst who’s well-known for his insightful tweets, recently noted that Grayscale, one of the largest institutional investors in the crypto space, is “on fire.” Rooke revealed that Grayscale’s Bitcoin (BTC) Investment Trust now holds around 506,000 BTC, which is about… Read More

November 15, 2020 @ 4:26 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, says it hasn’t seen Bitcoin (BTC) this “expensive” since December 2017. The leading blockchain firm along with the rest of the crypto industry is now wondering whether Bitcoin will be setting another all-time high (after trading for nearly… Read More

November 14, 2020 @ 4:26 pm By Omar Faridi  |  

After experiencing a strong correction earlier this month, leading decentralized finance (DeFi) tokens have been able to recover strongly, OKCoin reports. The San Francisco-based crypto exchange notes that DeFi tokens crashed in late-October 2020 and were performing poorly earlier this month as investors appeared to… Read More

November 12, 2020 @ 10:32 am By JD Alois  |  

As the COVID-19 health crisis lingers, e-commerce continues to boom. Social distancing, lockdown, and WFH have accelerated the digital transformation. E-commerce platforms have benefited dramatically from the pandemic along with affiliated digital payments. A survey completed by Plutus, a decentralized reward system, claims that crypto… Read More

November 11, 2020 @ 8:41 am By Omar Faridi  |  

San Francisco-based crypto exchange OKCoin confirmed that it will be supporting the Bitcoin Cash (BCH) hard fork (backwards incompatible upgrade) which will take place on November 15, 2020. The OKCoin team noted that they’ll provide an airdrop of the minority chain’s asset. Hard forks of… Read More

November 11, 2020 @ 7:31 am By Omar Faridi  |  

John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, notes that Bitcoin (BTC) has been trading past the $15,000 mark and appears to be holding its own during the COVID-19 pandemic. Quigley writes in a blog post that it’s… Read More

November 9, 2020 @ 1:22 pm By JD Alois  |  

The US government is looking to set a new record of sorts. The Department of Justice has filed a civil action to seize Bitcoin valued at more than $1 billion, the largest seizure of its kind ever. As has been widely covered, a long slumbering… Read More

November 9, 2020 @ 9:10 am By Samantha Hurst  |  

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Monday the launch of a bitcoin rewards program for its members. Mogo reported it is offering Canadians more ways to “stack sats” by providing members with the opportunity to earn and win bitcoin through this new… Read More

November 8, 2020 @ 6:22 pm By Omar Faridi  |  

The Bitcoin (BTC) and Ethereum (ETH) price continued to increase this past week. Bitcoin had been trading above the $15,500 mark, however, its price has now dropped to around $15,000 at the time of writing. Ethereum is also down over 5% during the past 24… Read More

November 8, 2020 @ 10:54 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

November 7, 2020 @ 11:07 am By Omar Faridi  |  

LocalBitcoins, a leading peer to peer (P2P) Bitcoin exchange, notes that with the advent of quantum computing, there have been concerns that this new technology could be a threat to existing online protocols. Some experts claim that powerful quantum computers might become a legitimate threat… Read More

November 6, 2020 @ 7:21 am By Omar Faridi  |  

Square (NYSE:SQ), a popular payments platform, confirmed on November 5, 2020, that it had sold around $1.63 billion in Bitcoin (BTC) via its widely-used Cash App during Q3 2020. Square’s management reported gross profits of about $32 million from Bitcoin transactions (for the third quarter… Read More

November 5, 2020 @ 10:35 am By JD Alois  |  

Realio Technology, a SaaS platform for the issuance, investment, and management of digital assets, says it will tokenize a Bitcoin mining fund. Liquid Mining Fund I is being launched through a partnership with Valentus Digital. The tokenized fund will create yield via a stream of newly… Read More

November 4, 2020 @ 9:34 pm By Omar Faridi  |  

Bitcoin (BTC) fundamentals continue to remain strong, however, uncertainty in the crypto and traditional financial markets due to the US elections appear to have positioned BTC in “a consolidation phase,” according to a report from OKCoin. The digital asset exchange notes that the Bitcoin price… Read More

November 3, 2020 @ 6:46 pm By Omar Faridi  |  

Amiti Uttarwar, a Bitcoin Core developer, received a $150,000 development grant (in June 2020) from HDR Global (the parent company of BitMEX) and OKCoin. Uttarwar is currently focused on improving certain aspects of Bitcoin’s (BTC) peer-to-peer (P2P) layer by addressing issues related to privacy and… Read More

November 3, 2020 @ 1:50 pm By Omar Faridi  |  

The developers at OpenNode, which aims to offer a simple and reliable payments stack for businesses, notes that they had released the original beta version of their platform just two years ago. The OpenNode team writes in a blog post that they’ve grown really fast… Read More