Prediction markets rise 565% in Q3, fueled by US elections
Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk.
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What is Gresham’s law, and how does it relate to cryptocurrencies?
Gresham’s law, explained Gresham’s law has historically influenced the circulation of currency and continues to impact economic behavior by addressing how individuals prioritize different forms of money.Gresham’s law is a principle in economics that states that when two different forms of money are in circulation, individuals typically spend or trade the money they believe to
UK tops crypto activity in Central, Northern and Western Europe: Chainalysis
The United Kingdom has emerged as a major cryptocurrency economy worldwide and the biggest crypto country in terms of raw transaction volume in Central, Northern and Western Europe (CNWE), according to a new study.The blockchain analytics firm Chainalysis released two new chapters of its 2023 Geography of Cryptocurrency report on Oct. 18, including its brand
Tattooing Bitcoin: Advocates wear cryptocurrency on their sleeve
Got Bitcoin ink? Many Bitcoin believers do. But what are the risks? What about privacy? And what happens if — one fateful day — Bitcoin crashes and burns to zero?Cointelegraph spoke with Bitcoin (BTC) advocates to understand why they have permanently etched a Bitcoin logo, motif, equation or slogan onto their skin. They’ve shown permanent…
Bloomberg: Key Indicators Show Bitcoin Price Could be Losing Steam
Key price movement indicators show that Bitcoin (BTC) could be heading for another move downward, according to a recent report from Bloomberg on March 12.The report states, “Technical gauges signaling long-term buying demand for Bitcoin are deteriorating” and as such, buying pressure could increase. Bloomberg notes that the seminal crypto’s Moving Average Convergence Divergence (MACD)…
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows
Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy. Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTOn Dec 29, the state-owned China Academy for Information and Communications Technology, or CAICT, published a document titled "2022 Blockchain Whitepaper." According to the paper, more than 1,400 blockchain firms…
Total crypto market cap takes a hit amid Silvergate Bank crisis
Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period. However, the fear of regulatory pressure appears to be having an impact on volatility in March.Bulls will undoubtedly miss the technical pattern that has been guiding the total crypto market capitalization upward for the past 48…
SEC pushes decision on ARK 21Shares Bitcoin ETF to April 3
The regulatory body said it was "appropriate to designate a longer period" to approve or disapprove of the proposed Bitcoin ETF. 427 Total views 18 Total shares The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares Bitcoin exchange-traded fund (ETF) originally proposed in July 2021.According to a Tuesday filing…
Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap
As the U.S. dollar challenges March 2020 highs, all bets are off when it comes to fresh Bitcoin price strength. 116 Total views 2 Total shares Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"All assets suffer" at…