Buck Bully
[DeCrypt, Shutterstock] For three months, Ethereum was settling more value than Bitcoin each day. But now Bitcoin is back in the lead. Bitcoin’s (BTC) blockchain has outpaced Ethereum (ETH) in terms of the daily transferred value, reaching $14 billion per day—versus the latter’s $13 billion, Money Movers’ data shows today. More value […]
[CNNC, Getty Images] JPMorgan said bitcoin could rally as high as $146,000 in the long term as it competes with gold as an “alternative” currency. Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday. […]
[Decrypt, Shutterstock] XRP’s price fell by 8% today, just hours after the Flare Network worked out which addresses it shall credit with free Spark tokens. The price of XRP, the third-largest cryptocurrency by market cap, has crashed following a huge airdrop that will credit all XRP holders who hold funds in participating exchanges and wallets with free cryptocurrency. […]
[DeCrypt] Texas Securities Commissioner issued the cease and desist order for a crypto fraud scheme that promises large returns. The Texas Securities Commissioner on Thursday demanded the immediate shutdown of a cryptocurrency investment program it alleges is operated by a would-be guru, one Eric Darwin Balusek, a.k.a. “Bitcoin Pope”. Texas […]
KEY POINTS Cryptocurrency bitcoin and Facebook-backed Libra could play a role in a world where central banks globally begin to issue their own digital currencies, Raghuram Rajan, former Reserve Bank of India governor, told CNBC. Rajan called bitcoin a “speculative asset” while Libra has been designed for transacting. Both could […]
[Coindesk] Luis Sosa, 39, the creative director at a startup in Mexico City, watched with skepticism as his friends invested in bitcoin a decade ago. Even after they made good on their investments, Sosa kept his distance. Now, his attitude toward crypto is changing, but not for the reasons you’d think. “With the increasingly […]
[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. More than 20,000 BTC — worth roughly $225 million — are now tokenized and used in Ethereum-based protocols. Wrapped Bitcoin (WBTC) represents over 76% of the […]
[Coindesk] This week saw a 125% rise in the price of dogecoin, a cryptocurrency based on a popular 2013 internet meme, created in the same year as both a parody and a “let’s see if this sticks” experiment. Much to even the founder’s surprise, it has not only survived, it has accumulated a loyal following. Clearly. A group […]
[Decrypt] Dogecoin’s brief pump is now over. The meme coin Dogecoin (DOGE) has fallen after a brief rise; the dump after the pump. On July 7 to July 8, Dogecoin rose by 43%, from $0.0027 to $0.0053, one of the largest increases by the coin in a single day. The […]
[Business Insider] Cryptocurrency exchange Coinbase has started planning for a stock market listing that could take place as soon as this year, Reuters reported Thursday, citing sources familiar with the matter. If the Securities and Exchange Commission signs off on the listing, Coinbase could become the first publicly traded cryptocurrency marketplace. The […]