Cryptocurrency Analysis and News Portal
"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000. Source
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Bitcoin miners are holding more bitcoins than at any point in the past two years as the cryptocurrency continues to trade above $11,000, signalling increased bullishness about future gains. According to wallet addresses tracked by Glassnode, miners are holding a total of more than 1.82 million bitcoins, setting a two-year high
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Analysts are widely growing bullish on Bitcoin’s mid-term outlook as the cryptocurrency continues consolidating within the upper-$11,000 region. After
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Within the last hour, Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315. The move came after a rather uneventful weekly close which saw the top-ranked digital asset on CoinMarketCap close above an important multi-year descending trendline. A few hours after the close, Bitcoin price found
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XRP is often the butt of many jokes across the crypto space due to general distaste toward the
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China's state-backed Blockchain-based Service Network (BSN) has integrated with six public chains including Tezos, NEO, Nervos, EOS, IRISnet and Ethereum.Developers on these six blockchains will be able to build dapps and run nodes using data storage and bandwidth from BSN’s overseas data centers starting Aug 10.This is part of China's
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The rise in the DeFi activity has got the Ethereum network transaction volumes to over 1 million and pushed it to its record high. The ETH 2.0 can majorly address the scalability issues for the Ethereum network.The Ethereum network use and daily ETH transactions are on their way to attain
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Blockchain tracking and analytics platform, Whale Alert, revealed that over the past four years, scammers have stolen over $38 million worth of Bitcoin (BTC).New heights could be reached at the end of 2020Whale Alert’s study, which relies on data from the crypto scam tracking site, Scam Alert, suggests that the
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In 1962 sociologist Everett Rogers published the well-known book Diffusion of Innovations in which he classified consumers in the following five groups: Innovators, Early Adopters, Early Majority, Late Majority, and Laggards.Adoption Curve. Source: Business-to-youSince its creation, the above chart has become widely used among many industries, although new technologies have
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Ethereum has seen a decentralized finance craze over recent weeks.Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This isSimultaneously, DeFi-related tokens like Compound’s COMP and
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