Cryptocurrency Analysis and News Portal
A CryptoCompare report published on July 6 has closely analyzed monthly trends in the cryptocurrency exchange market and found that crypto derivatives volumes have begun to taper off after peaking this May. Crypto derivatives volumes dropped 35.7% in June to $393 billion.Historical Monthly Derivatives Volumes. Source: CryptoCompareThe overall trend which
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New research shows certain wallets are vulnerable to a quasi double-spending attack, a federal appeals court effectively said blockchain data is not protected under the Fourth Amendment and more. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re
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Peer-to-peer Bitcoin (BTC) trading has seen rapid growth in recent months, with the African continent now the second-strongest region in the world for P2P volume behind the U.S.Africa was the sole region to produce an increase in seven-day P2P trade this past week — with sub-saharan African trade posting its
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Ethereum, the second-ranked cryptocurrency by market cap’s most important use cases, continues to spike. As these metrics breakout and surge, the smart-contract focused altcoin may be ready to explode.Ethereum Finds New Use Case After ICO FalloutThe initial coin offering boom of 2017 helped bring Ethereum to an all-time high of
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The demand from baby boomers is generating most of the growth for San Franciscan Bitcoin (BTC) broker, River Financial.Paul Tudor Jones effectMost surveys conclude that younger generations are more reciprocal to Bitcoin, making this data seem counterintuitive. The company’s co-founder and CEO, Alex Leishman, told Bloomberg that Bitcoin is becoming
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Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday.It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250
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Bitcoin options have experienced a massive rise in popularity this year. The Wall Street-esque financial tool allows traders to speculate on future values of an underlying asset – usually with huge leverage and the potential for life-changing payouts. Deribit Leads Race A report by on-chain analytics firm Skew on March 10 showed
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An unknown wallet holder mistakenly, it seems, sent a $2 million transaction fee on the Ethereum blockchain, Elrond is testing its network in a “trial by fire” and Libra’s Dante Disparte thinks governments entering the stablecoin race is good for Libra. Here’s the story: You’re reading Blockchain Bites, the daily roundup of
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[sociallocker id="55298"] Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than
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Tether (USDT) has overtaken XRP to become the third largest cryptocurrency by market capitalization, as Ripple fails to gain adoption amongst retail investors.Top 10 Cryptocurrencies by Market Capitalization. Source: CoinMarketCapAs for Ripple (XRP), it's been a race to the bottom, its market cap has collapsed from a high around $130
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