Cryptocurrency Analysis and News Portal
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Bitcoin (BTC) has been the uncontested cryptocurrency market leader since its creator launched the digital asset in 2009 and to date, it continues to be the dominant force in the industry. This truth was put on display on Sep. 6 when BTC price rose to the $52,000 level and ignited a
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DLCX constitution and weighting processes were created by Grayscale Investments and are calculated by TradeBlock, a CoinDesk subsidiary. DLCX constituent weights are calculated based on the latest dollar-denominated value of each constituent and its corresponding circulating token supply. Index constitution is reviewed on a quarterly basis for potential rebalancing, including:
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Institutions have not left the Bitcoin (BTC) market even in the face of a 50%-plus bearish correction earlier this year, shows data provided by Glassnode.The blockchain analytics platform reported on Monday that the dominance of Bitcoin transactions exceeding $1 million has surged twofold since September 2020 — from 30% to
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As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart leads to a higher market valuation of crypto businesses due to increased funding from goliath investors. Citing this trend, PricewaterhouseCoopers crypto leader Henri
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Place/Date: - July 23rd, 2021 at 1:30 pm UTC · 2 min read Contact: Safe Earn, Source: Safe Earn Safe Earn is DeFi’s newest entry into a sea of tokens on the Binance Smart Chain. What makes it different, however, is that by making use of the ever
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Former Central Intelligence Agency (CIA) computer consultant Edward Snowden talked in the Ethereal Virtual Summit 2021. The main subject, Privacy Coins, NFTs, decentralization and its relationship with freedom. A clip of the Summit was shared by Alex Gladstein, Chief Strategy Officer (CSO) for the Human Rights Foundation and Oslo Freedom Forum,
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Thorchain’s native token RUNE gained 30% in the last 24 hours after crypto venture firm Multicoin Capital revealed that it has accumulated a large position in the asset. RUNE was trading at roughly $3.90 on Feb. 23 before Multicoin announced their investment, which sent prices soaring to new all-time highs
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In brief:According to Timothy Peterson, large Bitcoin holders could push BTC to higher levelsA 10% increment in large holders (1k+ BTC) could increase Bitcoin’s value by 200%An increment of 500 of such large users would send Bitcoin to $140kWith Tesla buying Bitcoin worth $1.5 Billion, BTC reaching $140k is a
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