Bitcoin price 'carnage' comes as gold hits new all-time high
Bitcoin price weakness sets it firmly apart from rampant gold gains as a brutal range refuses to budge.
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‘We Are the Cool New Startup’ Says Bitcoin Cash Node
With the Bitcoin Cash community divided once again, supporters of alternative implementation ‘Bitcoin Cash Node’ now believe they have a majority of miners behind them.Supporters of Bitcoin Cash Node or BCHN have rejected Bitcoin ABC’s latest upgrade, which would require miners to donate 8% of all newly minted coins to a development fund from November.…
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Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO
The Celsius Network is the first major cryptocurrency lending platform that is profitable, according to its CEO and founder Alex Mashinsky.Cointelegraph interviewed Mashinsky to learn more about this achievement, how the latest market downturn has affected its business and his outlook on the industry.According to Mashinsky, the company was profitable in 2019 on a net…
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US Lawmakers Ask Federal Reserve About National Digital Currency
Members of the United States House of Representatives Financial Services Committee asked the Federal Reserve whether there are any plans of launching a U.S. dollar digital currency.Fed has the mandate to develop a national digital currencyIn a Sept. 30 letter to Federal Reserve Board Chairman Jerome Powell, U.S. Representatives French Hill and Bill Foster expressed…
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Network Effect at Risk? Why 50% of DAI Locked in Compound Is a Concern
Data from blockchain intelligence firm Flipside Crypto show that 50% of DAI, Maker’s decentralized stablecoin, is now on Compound (COMP). While the figure seems a positive factor for COMP’s growth, it shows a concerning trend for DAI.Since June, the amount of DAI on the Compound Decentralized Finance (DeFi) protocol rapidly surged. As of August, nearly…
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BTC price sets fresh all-time high near $77K amid 'long squeeze' fears
Bitcoin longs risk mass liquidations in a snap market reversal, analysis warns after new BTC price records follow FOMC.
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Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company
The former chief product officer will receive a healthy severance package, as he departs from his previous role at the exchange. 464 Total views 3 Total shares Own this piece of history Collect this article as an NFTSurojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after…
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Price analysis 3/15: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH
The 2017 Bitcoin (BTC) bull run was led by retail traders, long-term crypto believers and Bitcoin whales. However, the tide turned in 2020 as institutional investors became the catalyst for the latest crypto bull run.However, data compiled by JPMorgan Chase shows that retail traders have made a strong comeback in the first quarter of this…