Bitcoin trader sees 2 months to all-time high as China cuts key rates
Bitcoin adds a Chinese rate cut to its existing bag of bullish BTC price events as bulls stare down final resistance.
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Theta Partners With Korean Gaming Platform to Reward Its 3M Users
The token-powered Esports streaming platform Theta has expanded into Korea, partnering with the popular gaming-centric social platform Ludena Protocol. 1957 Total views 15 Total shares The crypto-powered Esports streaming platform Theta has partnered with South Korean social gaming platform Ludena Protocol to reward its gamers for viewing or streaming content.The partnership will see Theta protocol…
Three reasons why PlanB’s stock-to-flow model is not reliable
In the last couple of years, the stock-to-flow model proposed by PlanB has become very famous. A quantitative study published on the site planbtc.com shows the model and the prediction that Bitcoin (BTC) could reach the capitalization of $100 trillion. Obviously, the crypto industry, including myself, was fascinated by the logic of the model and…
Blockchain-powered audits with community in mind: Hats Finance joins Cointelegraph Accelerator
Hats Finance, a community-focused audit platform that enables permissionless on-chain competitions and bug bounties has joined the Cointelegraph Accelerator program.
ChainSwap announces compensation and ‘deep audit’ plan after $8M exploit
Cross-chain asset bridge, ChainSwap, has announced a compensation plan for users after suffering an $8 million loss in its second exploit suffered this month. ChainSwap supports the Ethereum, Polygon and Binance Smart Chain networks.On July 10, the hacker exploited a vulnerability allowing them to steal more than 20 different assets from the liquidity pools of partner…
Is payments giant SWIFT preparing for a blockchain-bound future?
SWIFT is a payments colossus. It operates across more than 200 countries, has 11,000-plus financial institution clients and transmits some 8.4 billion financial messages every year. It is the global leader in cross-border bank-to-bank payments and recently played a key role in the West’s economic sanctions on Russia. That doesn’t mean the Belgium-based cooperative is immune…
Tokenization of assets is not taking off, but it really should
For years, experts have been talking about how tokenization — the act of creating a digital representation of an asset on a distributed ledger — of a financial or real asset can unlock trillions in illiquid assets, giving retail investors access to investments with previously high minimum capital requirements thanks to fractional ownership or settle…
Bitcoin’s price doubled in 75 days — How long until the next 100% leg up?
Historical analysis suggests that the amount of time it takes for the Bitcoin price to double may accelerate during this bull run. 1879 Total views 20 Total shares The price of Bitcoin has doubled in the past 75 days, prompting some analysts to question whether the market is approaching over-extension.However, historical analysis from Bitcoin monitoring…
Bitcoin Trading Generated $875M in Quarterly Revenue for Square
Bitcoin trading drove $875 million in quarterly revenue for the U.S-based financial services firm Square, comprising a 75% gain over Q1 2020. Jack Dorsey’s financial services company Square, Inc. has published its second-quarter financials for 2020, revealing $875 million in revenue from Bitcoin (BTC) trading on its Cash App product.With Cash App’s Bitcoin business incurring…