Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply

Bitcoin’s $132 billion market cap might be a far cry from its 2017 all-time high, but it doesn’t mean it’s not playing in the big leagues. According to data from the CIA, Bitcoin’s current market cap makes it the 34th largest economy in terms of M1 money supply, just below the United Arab Emirates (UAE) […] The post Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply appeared first on CryptoSlate. дальше »

2020-1-1 00:33

Futures data suggests latest Bitcoin rally is just short-covering, most Bakkt contracts aren’t being settled

A massive drop in open interest on the CME and Bakkt Bitcoin futures contracts indicates short-covering has fueled BTC’s latest rally, likely egged on by the expiry of Bakkt’s December contract. On Tuesday, open interest rocketed more than 1,000 percent on the cash-settled CME contract for December, the day after Bakkt hit an all-time-high for […] The post Futures data suggests latest Bitcoin rally is just short-covering, most Bakkt contracts aren’t being settled appeared first on CryptoSlate. дальше »

2019-12-19 15:00

Stellar Lumens puts an end to its largest airdrop to date

The Stellar Development Foundation is shutting down its $120 million airdrop program amid fraudulent account sign-ups. Stellar’s largest airdrop to date is canceled In September, the Stellar Development Foundation (SDF)—“a non-profit organization founded in 2014 to support the development and growth of the open-source Stellar network”—partnered up with Keybase, a free group messaging community and […] The post Stellar Lumens puts an end to its largest airdrop to date appeared first on CryptoSlate. дальше »

2019-12-12 18:32

Gold is down 100,000x in terms of Bitcoin since 2010

The price of gold has been crashing over the last nine years in terms of BTC. As the adoption rate of the flagship cryptocurrency grows, more ounces of gold can be bought with a single Bitcoin. Gold is crashing against Bitcoin Coin Metrics, one of the leading providers of crypto asset market and network data […] The post Gold is down 100,000x in terms of Bitcoin since 2010 appeared first on CryptoSlate. дальше »

2019-11-27 21:00