The last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold per ounce jumped over $2k during the first week of August. Meanwhile, similarly to the physical counterparts, two blockchain tokens that claim to be backed…
Bitcoin balks as the Fed talks, DeFi surge continues: Weekly recap
This week was quite eventful for crypto and traditional markets, and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path.
eToro vs. Coinbase • Which Platform is #1? • Benzinga
Both eToro and Coinbase are huge hubs for cryptocurrency traders. Coinbase is the largest exchange holder of bitcoin and exchange for bitcoin with 35 million users across 100 countries. eToro is the world’s largest “social trading” platform with millions of users in about 170 countries. They are meant to offer different experiences — eToro focuses…
With $16bn in cryptocurrency, Ripple attempts a reset
San Francisco start-up Ripple can lay claim to having created one of the most valuable cryptocurrencies. Its digital tokens, known as XRP, have a total value of almost $30bn, behind only bitcoin and Ether.
Evan Shapiro: Bitcoin’s Stolen Revolution
Evan Shapiro is CEO and co-founder of O(1) Labs, the team behind Coda Protocol, a lightweight chain that affords all participants fully P2P, permissionless access from any device. Who controls Bitcoin?
South Korea’s Largest Bank Unveils Bitcoin Custody Services | Services Bitcoin News
European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users 2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets ...…
Seismic Shifts In The Cryptocurrency Market May Be Ahead, With Stablecoins Soaring
Recent developments indicate major shifts may be ahead in the cryptocurrency market, with the importance of stablecoin growing, PayPal rumored to announce a partnership with Paxos to offer crypto trading, and Mastercard expanding its own cryptocurrency program.
First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use Derivatives – CoinDesk
Ethereum’s biggest-ever upgrade is supposed to make the blockchain network faster and more efficient. But the new “staking” system could lock up so many of the network’s native ether tokens that investors who want to trade them may have to rely on derivatives markets.