Ethereum NFT collections drive weekly volume to $304M
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections.
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What is Ink: Kraken’s layer-2 DeFi bridge?
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Over 50 Banks Simulate Letter of Credit Transactions on R3’s Blockchain in 27 Countries
Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. The company announced the development in a press release published on May 8.Per the release, 96% of the participants said that the system — dubbed Voltron — will accelerate and reduce the cost…
Bitcoin Hash Rate Hits New All-Time-High
The Bitcoin (BTC) hash rate reached a new all-time high today, according to data from monitoring resource Blockchain.com on July 7.The previous record was broken in the second half of June, when bitcoin’s hashrate reached 65.19 TH/s and growth has steadily continued since then.Hash rate is the number of calculations that a given hardware or…
Amazon Pay VP Says No Current Plans to Create Crypto: ‘We Don’t Deal in the Speculative’
Amazon would only consider discussing the creation of its own cryptocurrency like Facebook’s Libra in several years’ time, a senior executive said at a conference on June 10.Speaking at Fortune’s Brainstorm Finance 2019 event, Patrick Gaulthier, vice president of Amazon Pay, said the kind of value transfer system Facebook unveiled this week was a step…
Bitcoin Beats Google Trends in 2018 as Internet Users Seek to Know ‘What It Is’
Google data shows ‘What is Bitcoin?’ was the most popular search question in the United States and United Kingdom for 2018, showing Bitcoin (BTC) has topped public consciousness online this year.Capping various achievements in search rankings over the past twelve months, Bitcoin’s latest price volatility saw interest in understanding it peak again following a period…
$12K Bitcoin price back on the table after BTC rallies above $11.4K
Bitcoin price rallied to $11,491 after bulls managed to flip the $11K level from resistance to support. 1039 Total views 12 Total shares On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily…
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide USD pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease as investors flock to more volatile assets and in bear markets, investors seek shelter in low volatility stablecoins thus increasing their market caps.On Jan. 26, the total market capitalization for…
What If Amazon’s Jeff Bezos Bought All BTC? Tone Vays Weighs in
Crypto trader and YouTuber, Tone Vays, explains what might happen if Amazon CEO, Jeff Bezos, tried to buy all Bitcoin in circulation. 565 Total views 23 Total shares Crypto trader and YouTuber, Tone Vays, explained that Amazon's $140 billion CEO couldn't buy every Bitcoin (BTC) in circulation. What would happen if Bezos tried? "He would drive…