Bitcoiners Are Not Looking for a Store of Value, Gold Bug Peter Schiff Says

Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit. дальше »

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Why The Plunging Exchange Withdrawals Value Indicates The Start Of An Exponential Bull Run For Bitcoin

While Bitcoin has been characterized by the lack of any volatility throughout the past two months, it is said to gain former shape in the nearest future. The clear indicator of it is the falling withdrawal rate, according to the CEO of the blockchain data firm, CryptoQuant. дальше »

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Whale Alert Analysis Reveals Satoshi Stacked $10.9B Worth of Bitcoin (1.125M BTC)

Satoshi Nakamoto mined around 1,125,150 Bitcoin in the early days, according to a new on-chain analysis released by the Whale Alert. Based on the current market prices, the value of this BTC stash is an estimated $10. дальше »

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Ethereum Now Settles More Value Than Bitcoin Thanks to Stablecoins

Ethereum has trounced Bitcoin to become the top public blockchain in terms of daily value settled. Despite roaring fundamentals, however, its native token ETH has failed to react. Stablecoins Push... дальше »

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Tether (USDT) is about to pass Bitcoin’s average daily transaction value

The stablecoin sector has been seeing tremendous growth throughout the past year. The post Tether (USDT) is about to pass Bitcoin’s average daily transaction value appeared first on CryptoSlate. дальше »

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Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear

The Ethereum network seems to be cracking under pressure as stablecoins and the DeFi ecosystem continue to expand. As a result, gas usage has skyrocketed to new highs along with network fees—so how can this be positive for Ethereum? As DeFi markets near $3 billion total value locked, the strains on the Ethereum network are […] The post Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear appeared first on BeInCrypto. дальше »

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Ethereum accounts for 51% of value held on the blockchain

With the rise of altcoins and stablecoins, the value of ETH only comprises 51%...

The post Ethereum accounts for 51% of value held on the blockchain appeared first on Coin Journal.

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DeFi's staggering growth in TVL is a positive feedback loop

The DeFi ecosystem has come a long way since 13 March. After tumbling all the way down to $571 million in Total Value Locked (TVL) from a high of $1.28 billion on 15 February, all hope for its future The post DeFi's staggering growth in TVL is a positive feedback loop appeared first on AMBCrypto. дальше »

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Why hasn’t Bitcoin seen a bigger boost in value since the pandemic?

When the coronavirus pandemic first reared its ugly head, there was genuine belief that this was the time for cryptocurrencies to shine. The likes of Bitcoin have been waiting for their mainstream moment and the spread of COVID-19 appeared to be the perfect opportunity for the world’s first digital currency to prove its recession-proof nature. дальше »

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McAfee Attacks Bitcoin Again, Calls it An ‘Old and Worthless Coin’; Downplaying His $1M Bet?

John McAfee, the antivirus tycoon, and fugitive presidential candidate has been known as the controversial king mainly because of his lifestyle and bold tweets. Once a big-time Bitcoin proponent who claimed that Bitcoin would reach a value of $500,000 dollar per coin, but lately, he has been launching scathing attacks against bitcoin. In response to […] дальше »

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Is DeFi a Ticking Time Bomb Just Waiting to Explode?

DeFi is a hot space with a lot of activity going on, so much, so the total value locked in its projects has reached a new high of $3. 09 billion, as per DeBank’s data. Maker and Compound are currently leading with more than $600 million in locked value. дальше »

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Top 3 CashBack Crypto Services to Watch

Who doesn’t love rewards and rebates? The cashback concept appeals to pretty much everyone and goes some way towards assuaging the guilt that tends to follow an indulgent spending spree. Earning a modest percentage of your transaction value back in the form of in-store credits, discounts or cashback is a fixture of the modern commerce experience, with new schemes even granting rewards in cryptocurrency. дальше »

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Bitcoin, Ether, and XRP Weekly Market Update July 20, 2020

The total crypto market cap lost $1. 5 billion to its value for the last seven days and now stands at $272. 6 billion. The top 10 currencies were mostly in red for the same period with ChainLink (LINK) adding 10. дальше »

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Here?s Real Reason Why Bitcoin Price Remains in Limbo

Bitcoin failing to see an uptick in the value transferred on its network is good news for the bears дальше »

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The Origins of the World’s Oldest Bitcoin Metric, Explained

Bitcoin days destroyed (BDD) was first introduced as a concept back in 2011. At the time, it had only been two years since the creation of the world’s first cryptocurrency, bitcoin. Individuals were already beginning to innovate ways to measure on-chain transaction activity and value. дальше »

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Peter “Bitcoin Has No Real Value” Schiff Strikes back

Peter McCormack interviews financial commentator, economist, and gold bug Peter Schiff. It’s no surprise that after an hour and twenty minutes of debate, Schiff still doesn’t like bitcoin. Additionally, Peter rattles on about the relationship between bitcoin and gold, the properties of sound money, and why Bitcoin should not be a store of value. дальше »

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Binance Records Largest BNB Burn; CZ Says, “More Certain About The Future Of Crypto Than Ever”

Today, Binance announced the twelfth quarterly burn of its native token Binance Coin (BNB) which was the largest ever yet, reducing about 3. 4 billion BNB from the circulation. Not only was this the largest ever burn in terms of BNB supply but also in USD value at $60. дальше »

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Not Just For Selfies: Twitter Crypto Scam And How Social Media Transfers Value

This week, the popular social platform Twitter was hacked to promote a scam where $120,000 in Bitcoin was stolen. Similar crypto scams have run rampant on the platform for some time. The ongoing issue highlights how social media has transformed from a place to post selfies, into an online community that is used to transfer […] дальше »

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PlanB Analyst Doubles Down on His $288,000 Bitcoin Price Prediction, Comparing BTC to Other Stores of Wealth

The renowned analyst PlanB has doubled down on his $288,000 BTC price prediction based on his Bitcoin S2F model, comparing BTC to traditional stores of value дальше »

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Why Is XRP Crashing? Data Shows Ripple Is Flooding the Market

Ripple, and its XRP token, is one of the oldest projects in the cryptocurrency space, forming in 2012. Ripple’s value proposition was appealing to banks and settlement systems⁠—offering to increase... дальше »

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DeFi Lending App, Aave Protocol, Raises $3 Million Through LEND Token Sale

In an announcement on Wednesday, confirms a $3 million investment in Aave Protocol, the third-largest DeFi app in total locked value. Framework Ventures and Three Arrows Capital directly purchased LEND tokens from the Aave Protocol Treasury, showing increasing interest from institutional investors in the DeFi industry. дальше »

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Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises

The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. дальше »

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Bitcoin and Ether Market Update July 16, 2020

Total crypto market cap erased $4. 6 billion from its value since Monday morning and now stands at $269. 3 billion. Top ten coins are mostly in red for the last 24 hours with ChainLink (LINK) adding 2. дальше »

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How An Upcoming DeFi Platform Aims To Transform The DeFi Sector Through Aggregation

Ever since Compound launched its governance token COMP, the DeFi sector has been red hot with many people getting in the industry. The total value locked on the Ethereum platform has surpassed $2 billion mark, and the overall market cap for the top 100 DeFi tokens is over $7. дальше »

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Cryptocurrency News Roundup for July 15, 2020

The net value of Bitcoin flowing in and out of the darknet during the first three months of 2020 increased substantially, according to a new report by Blockchain analytics firm, Crystal Blockchain. дальше »

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Wall Street veteran outlines why Ethereum is up 85% in 2020 and has long-term value

In some Bitcoin-centric circles, there’s been a sentiment recently proposed that Ethereum and its current use cases have no value. The post Wall Street veteran outlines why Ethereum is up 85% in 2020 and has long-term value appeared first on CryptoSlate. дальше »

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Впервые за всё время стейблкоины обошли биткоин по объему передаваемой стоимости

Совокупный объем передаваемой стоимости в стейблкоинах впервые превысил аналогичный показатель биткоина. Об этом говорится в исследовании аналитической компании Coin Metrics. In June 2020, the amount of value transferred using #stablecoins eclipsed the amount transferred using #BTC for the first time. дальше »

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Стейблкоины впервые обошли биткоин по объему передаваемой стоимости

Совокупный объем передаваемой стоимости в стейблкоинах впервые превысил аналогичный показатель биткоина. Об этом говорится в исследовании аналитической компании Coin Metrics. In June 2020, the amount of value transferred using #stablecoins eclipsed the amount transferred using #BTC for the first time. дальше »

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Some of the Biggest Altcoins of 2020

You need to have been living under a rock during the last few years to not have at least heard about Bitcoin once. It has always enjoyed the bulk to the interest from the general public when it comes to cryptocurrency, boosted by its meteoric rise in value during 2017 which led to a hugeRead MoreRead More. дальше »

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Bitcoin Closing Beneath One Crucial Level Could Decimate Altcoins

Bitcoin flashed some subtle signs of weakness yesterday that sent shockwaves throughout the cryptocurrency market This caused many major altcoins to shed a significant amount of their value, putting at least a temporary end to the intense market-wide uptrend seen by Bitcoin’s smaller counterparts The crypto is now once again sitting just above its crucial $9,200 support level Buyers have been able to defend this level throughout the past several hours One analyst is noting […] дальше »

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DeFi Frenzy Drives Combined Market Cap of ERC-20 Tokens to Surpass ETH

The overall valuation of tokens built on top of Ethereum blockchain, especially the most popular ERC-20 tokens, has surpassed the value of ETH itself. The primary catalyst behind this phenomenon is being attributed to the recent surge in popularity of defi tokens, which are mostly ERC-20 based. дальше »

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DeFi, Stablecoin-Led ERC20 Tokens Eclipse Ethereum in Combined Network Value

Ethereum-issued tokens, such as the ERC20 and ERC140 standard, are now worth more than the protocol’s ETH currency. For analysts, this signals a period of undervaluation for the network that made it all possible. дальше »

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This Vegas MIT Blackjack Member Thinks XRP Is Designed To Be Worth $10,000 Per Coin

A member of the Las Vegas MIT Blackjack has a wild idea about Ripple’s native cryptocurrency, XRP, that you need to hear.   In an interview with Forbes, Steve Wynn said that the digital asset is designed to have a value of $10,000 per coin. дальше »

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Total Value of ERC-20 Tokens Now Surpasses That of Ethereum (ETH)

ERC-20 tokens have now surpassed 50 percent of the total value stored on the Ethereum blockchain дальше »

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These charts suggest Bitcoin’s “safe-haven” status is about to see its ultimate test

One integral facet of Bitcoin’s value that investors have long pointed to is its potential status as a “safe haven” asset. The post These charts suggest Bitcoin’s “safe-haven” status is about to see its ultimate test appeared first on CryptoSlate. дальше »

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Peter Schiff Condemns Bitcoin For Lingering Below $10k Despite Its “Amazing Fundamentals”

Peter Schiff, the well known gold advocate has once again restated his doubts about Bitcoin’s price performance. Schiff who is famous for constantly discrediting and slandering Bitcoin despite its positive trajectory hints that the stagnation in price is proof that Bitcoin holds no inherent value. дальше »

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What do Bitcoin and gold's price similarities reveal?

Bitcoin has long been called 'digital gold,' and true to its name, BTC has proven to be a store of value over the past few years, with the asset yielding better profits than gold or equities. As for gThe post What do Bitcoin and gold's price similarities reveal? appeared first on AMBCrypto. дальше »

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Someone Just Placed a Massive 18 million BTC Buy Order to Prevent Bitcoin From Crashing to Zero

When it comes to cryptos, Bitcoin is considered the king, and respectfully so. However, there have been talks especially by anti-Bitcoin people who think Bitcoin could one day become worthless. One of these people is the gold bug Peter Schiff who claims Gold is much more poised to win as a store of value than […] дальше »

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Bitcoin and Ether Market Update July 9, 2020

Total crypto market cap added $14. 6 billion to its value since Monday morning and now stands at $276 billion. Top ten coins are mostly in green for the last 24 hours with Crypto. com Coin (CRO) leading the pack with 3. дальше »

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How a Fragile Monetary System Could Influence Bitcoin in the Coming Months

The economic events seen throughout 2020 have helped Bitcoin secure its position as both a currency and a store of value. To thwart the effects of immense economic turbulence resulting from the ongoing pandemic, central banks across the globe have been printing money at an unprecedented pace. дальше »

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Business Consensus May Be Blockchain’s Main Challenge

Dr. Ali Loveys says the biggest challenge in the blockchain space is not about the tech, but rather defining the right business value. дальше »

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IOTA 2.0: Pollen Testnet Records Peak Performance of 1500 TPS, 20x Improvement in Message Confirmation Time

Early progress updates from Pollen — the first IOTA 2. 0 testnet infrastructure — are in, with over 20,000 value transactions already exchanged between nodes on the network. First Pollen Testnet Results Show Improved Performance Tweeting on Tuesday (July 7, 2020), IOTA stated that the Pollen testnet recorded over 280,000 transactions exchanged between node operators. дальше »

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As Gold Hits Highest Level Since 2011, Is Bitcoin On Course To Follow Suit?

During times of economic uncertainty, precious metals like gold tend to surge in value as investors search for ways to protect themselves. Gold is viewed as a safe haven from volatility and is used to store value when you’re not sure of which way the market can go. A lot of assets have been surging […] дальше »

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Users Surge but Just Five DeFi Projects Account For 94% of Locked Funds

DeFi’s surging popularity has seen the sector grow to comprise 240,000 users and more than $2 billion in value.

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Tether

Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called “Realcoin”, valued each token at $1. 00 to reduce the friction of moving real currency throughout the cryptocurrency ecosystem. дальше »

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Currency.com Obtains DLT License From Gibraltar Financial Watchdog for Tokenized Exchange

Currency. com, a Belarus based crypto firm, has obtained a distributed ledger technology license granted by the Gibraltar Financial Services Commission, according to an announcement on July 6. This license would allow the platform to use blockchain for either storing or transmitting value to others in provision with the dealer. дальше »

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Delta Exchange Predicts $40 Price for COMP Ahead of Governance Token Deluge

One startup has done the math and thinks the true value for Compound's COMP token right now should be more like $40. дальше »

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Cardano’s Winning Streak Continues As ADA Overtakes Litecoin To Become Seventh-Largest Crypto

This week has started quite well for Cardano. The blockchain’s native cryptocurrency, ADA, is now the seventh-biggest crypto by market capitalization, as its value surpassed that of Litecoin (LTC). дальше »

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Total Value Locked On DeFi Platforms Soars Past $2 Billion; Compound Overtakes Maker by $67M

The decentralized finance (DeFi), also popular as open finance, world is growing to unseen proportions with the total value locked (TVL) on DeFi apps setting an unprecedented $2 billion mark on Tuesday. дальше »

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Bitcoin SV, Monero, BAT price analysis: 07 July

The Bitcoin market witnessed tremendous selling pressure in the $8.8 to $9.3k range and has been unsuccessful in going above this range. At press time Bitcoin had a trading value of  $9265 and a 24-hThe post Bitcoin SV, Monero, BAT price analysis: 07 July appeared first on AMBCrypto. дальше »

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