Bitcoin Reaches 144 Weeks From All-Time High: Why This Number Matters
At the turn of tonight’s weekly close, Bitcoin will have reached 144 weeks from the asset’s all-time high
Read MoreAt the turn of tonight’s weekly close, Bitcoin will have reached 144 weeks from the asset’s all-time high
Read MoreUniswap fork SushiSwap has begun migrating $830 million of crypto assets to a new community-owned automated market maker (AMM). The process began at approximately 14:15 UTC, when testing the migration first began. The event is perhaps the largest test to date of a growing mood in DeFi: that all major projects
Read MoreEthereum 2.0 is coming. The yearslong upgrade – intended to radically transform the world’s largest smart-contract platform – is inching closer to deployment. The Ethereum Foundation recently announced “Medalla,” a final testnet before the mainnet launch of the Eth 2.0 beacon chain. As of July 10, some developers, including Ethereum founder Vitalik
Read MoreBitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook.New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six
Read MoreThe best Sundays are for long reads and deep conversations. Recently the hosts of the Let’s Talk Bitcoin! Show gathered to discuss the big picture problems facing our world which make things like Bitcoin distinctly appealing despite many inefficiencies when compared to traditional, centralized money systems. Listen/subscribe to the CryptoX Podcast feed for
Read MoreWhile coronavirus stimulus checks did offer a bump in consumer spending, it was only temporary The government will need to keep sending out money if it wants to keep the economy afloat The stimulus money could be taking away the incentive for some Americans to return to work U.S.
Read MoreHow the myth-making around Satoshi reinforces what makes bitcoin unique in the landscape of global monies. On Wednesday, a batch of coins mined just a month after bitcoin’s birth were moved. It was the first time since August 2017 that any bitcoin from early 2009 had been transferred, and the action
Read MoreIt may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users
Read MoreIt was only December when the entire decentralized finance (DeFi) market was worth less than $700 million. Early this morning, it hit $1 billion, a figure that even the most fervent blockchain skeptics would have a tough time dismissing as meaningless.That figure is the measure of all the crypto held
Read MoreThe activation of Bitcoin’s (BTC) Taproot upgrade is moving forward as official Bitcoin Improvement Proposals (BIP) were submitted for review on Jan. 24. Even though Taproot is often hyped up for its privacy improvements, its true impact is likely to be very minor.What is Taproot?Taproot is the name given
Read More