Cryptocurrency

Since 2011, a group of enthusiasts and collectors have been obsessed with the physical manifestation of Bitcoin.  On the face of it, physical Bitcoin seems like a contradiction to the key terms that define it, so a trustless, instantly transferable virtual currency becomes a real world coin that has all the disadvantages of Earth-bound cash.

David Schwartz, current chief technical officer at Ripple, is responding to reports his predecessor had lost access to hundreds of millions of dollars in Bitcoin.  In a Quora post on Thursday, Schwartz said recent reports about former Ripple CTO Stefan Thomas forgetting the password to an encrypted hard drive containing thousands of Bitcoin (BTC) were

Amid all the excitement of crypto’s biggest bull run in history, some assets have been outperforming even the current high-performing market. In particular, Synthetix (SNX) has been on an epic tear, leading the growth of the whole niche.  The news of a Coinbase listing in December helped account for some of this. However, at the

As the team behind Morph.Finance can attest, developing an algorithmic stablecoin project can be every bit as frustrating and thrilling as investing in one.  While algorithmic assets have retreated from mid-December marketcap highs, the space has nonetheless continued to attract intrepid investors and developers aiming to position themselves at the forefront of a new financial

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bulls buy Bitcoin’s $35,000 support retest as altcoins push higher

The wonder of the universe is that it is always in motion and, because of this, that everything changes over time. So, anything can be something completely different tomorrow, just like that — no guarantees. Karl Marx expressed this brilliantly with the phrase “All that is solid melts into air.” The same occurred with Bitcoin

Calls for Bitcoin (BTC) to rally above $40,000 were dashed as the top cryptocurrency hit a wall of resistance which sparked a sell-off in the early trading hours.  Data from Cointelegraph Markets and TradingView show the price of BTC fell as low as $34,368 before rebounding to its current price of $37,300. Daily cryptocurrency market

Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter. According to Grayscale, institutional investors accounted for 93% of the new investments.  The significance and magnitude of the investments can be gauged from the fact that in 20, Grayscale received

U.S. Representative Ted Budd (R-NC) has sponsored a new piece of legislation aimed at creating an agency tasked with combating the use of cryptocurrencies in terrorist financing. The bill — H.R. 296 — is co-sponsored by Reps. Warren Davidson (R-OH), Stephen Lynch (D-MA), Byron Donalds (R-FL), and Darren Soto (D-FL) and was introduced on Wednesday.

There have been some big movers as the crypto market rally resumes and Polkadot’s DOT token is among them. According to figures from leading analytics portal Coingecko, DOT has flipped Ripple’s XRP in terms of market capitalization following a massive gain of 26% over the past 24 hours. This makes it the new fourth largest

Coinbase, the San Francisco-based cryptocurrency exchange, has announced a new platform designed to help issuers list their assets more efficiently — and, possibly, without having to go through the cumbersome listing process currently employed by the firm.  Coinbase Asset Hub is a “simple, streamlined product for issuers to list their assets and business” with the

The XRP (XRP) price remained relatively unmoved on Thursday, Jan. 14, even as the broader cryptocurrency market ignited a recovery that saw over $150 billion flood back into the global market cap. Earlier this week the United States Securities and Exchange Commission announced the impending departure of Marc P. Berger, the commission’s Acting Director of

Twitter CEO Jack Dorsey cited his passion for Bitcoin and decentralization in a 13-Tweet thread today explaining why the company banned U.S. President Donald Trump from the platform last week. Although claiming this was the “right decision for Twitter,” Dorsey admits it sets a dangerous precedent. Having to take these actions fragment the public conversation.

The departing leader of the United States Office of the Comptroller of the Currency is convinced that the future of finance is blockchain-native, per a conversation with crypto analytics firm Elliptic on Wednesday. Described by Elliptic CEO Simone Maini as “a fairy godfather to the crypto industry,” Brian Brooks has been a leading light in

BitGo, a major digital asset custody and security company, has hired a former compliance executive of Coinbase. Jeff Horowitz, Coinbase’s former chief compliance officer, is joining BitGo as its new chief compliance officer, the firm announced Jan. 13. Horowitz joins BitGo after serving the same role at Coinbase since July 2018. The new exec will

The top 100 richest Bitcoin addresses are increasingly bullish, accumulating 16% more Bitcoin over the last 30 days.  In total these addresses added 334,000 more Bitcoin to their bags, or around $11 billion worth. The majority barely reacted to Bitcoin’s recent price drop from $41,000 to below $33,000. Only seven addresses conducted a transfer out

Since its drop below $4,000 in March 2020, Bitcoin (BTC) has ridden a bullish trend all the way past its 2017 all-time high, recently hitting almost $42,000. During that time, however, Bitcoin’s Twitter activity has underperformed in comparison to its price.  Looking at information from crypto data outfit The TIE indicates that Bitcoin’s price is

Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context.  As noted on Jan.12 by Nathaniel Whittemore, host of The Breakdown Podcast, the period between 2016 and 2017 alone saw a grand total of six corrections that were larger than this week’s drawdown.

The euphoria in the cryptocurrency market was quelled on Jan.11 as the majority of altcoins saw their prices decline by more than 20% as Bitcoin price sold off sharply.  After falling below the $40,000 support level on Jan. 10, selling pressure for Bitcoin (BTC) increased overnight and pushed the price of the top cryptocurrency as

Shares of MicroStrategy (MSTR), a business intelligence firm with considerable exposure to Bitcoin (BTC), declined sharply on Monday, as profit-taking ensued following a parabolic rally over the past month.  The stock touched an intraday low of $464.51 in New York trading, representing a decline of almost 13%. It would later pare losses to trade around

China’s efforts to develop a centrally-issued digital currency took a leap forward on Sunday as the state-owned Agricultural Bank of China launched the first digital yuan ATMs. Customers at select branches within the Shenzen region have reportedly begun spending and converting the digital yuan they received as part of China’s “red envelope” lottery, which saw

2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis.  While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction speeds and the centralization

According to data from CryptoQuant, miners appear to be selling large amounts of Bitcoin (BTC). Historically, heightened selling pressure from miners marked a local top and led to sharp, prolonged corrections. BTC/USDT 1-hour chart. Source: TradingView.com Why are Bitcoin miners selling? In May 2020, on-chain analyst Willy Woo said that there would be two sources

The blockchain industry shrugged off the craziness of the 2020 pandemic, with many companies thriving in the “remote” working environments brought about by COVID-19. Almost $700 million in mergers and acquisitions took place in 2020 across 83 transactions. That’s the largest number ever and a sizeable increase from the previous record of 69 M&A transactions

In a largely celebratory community call devoted in part to commemorating lending protocol Aave’s January 8th “Aaveversary” — a full year of Aave on Ethereum mainnet — there was also a look into Aave’s possible future: a proposal from Delphi Digital seeking to fundamentally alter Aave’s Safety Module and create a new insurance product offering. 

After a wild, up-and-down 2020 that saw Sushiswap become the largest decentralized exchange (DEX) by liquidity at two different points, the decentralized finance (DeFi) platform has released a wildly ambitious project roadmap for 2021. Key forthcoming developments include multiple examples of some of the most complex and advanced functionalities in the DeFi space, including a

Bitcoin (BTC) mining difficulty is set to rise by roughly 11% on Jan. 9, according to data from BTC.com. This marks the biggest increase in nearly four months that will put the metric over 20 trillion for the first time ever.  “Hashrate is on a tear!” commented popular pseudonymous Bitcoin trader hodlonaut three days ago.

Bitcoin price has re-established the $40,000 level as support but as bull push toward a new all-time high the possibility of another sharp sell-off looms. According to analysts at Material Indicators, a crypto analytics company, mega-whales sold off steeply when Bitcoin hit $40,000 on Jan. 7. This led to a quick 10% drop to the

As the price of gold plunged on Friday, CNBC’s Jim Cramer said the rise of crypto may partly explain the sudden disinterest in the precious metal — a potential sign that the mainstream has flipped the script on Bitcoin (BTC) and digital assets.  When asked why gold isn’t rallying amid the political chaos on Capitol

Bitcoin (BTC) is not far from a blow-off top price implosion but investors are “aggressively” buying the dip. Speaking to Cointelegraph on Jan. 8, popular analyst filbfilb revealed that Bitcoin was due a corrective phase given the pace of recent gains. filbfilb: I don’t think we’re far from blow-off top On Thursday, BTC/USD exceeded $40,000