Monthly Archives: November 2020

Crypto derivatives volume more than triples spot trading

The tides have turned since 2017. The digital asset industry as a whole looks significantly different than it did three years ago. A Wild West-esque year, 2017 boasted astronomical asset price increases and booming fundraises amid underdeveloped regulation. Some elements of 2017, such as initial coin offerings, have largely died off. Other niches, such as derivatives trading, have since experienced watershed growth, as noted in a recent report from United States crypto exchange, Kraken.  “Beginning with pioneers like Crypto Facilities, BitMEX, Deribit, BitVC (now HuobiDM), and OKCoin […]

More info

Bitcoin Reddit Roundup October 2020

Welcome to the October 2020 edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This post contains 37 links to most of the best quality content that was uploaded to Reddit for this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other forums as well, such as r/BitcoinMining. In this roundup, there are 10 different categories organizing each link: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents) and, last but not least, Memes, Fun […]

More info

Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin

Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin. According to Coingecko data, Andre Cronje’s Yearn Finance (YFI) fell fastest, crashing 56% to around $10,400 as of Nov. 1, down from $23,800 thirty days earlier. Since Sept. 12, YFI total market capitalization has bled $957 million from a high of $1.27 billion. The asset, whose price peaked at over $43,000 two months ago, […]

More info

Huobi says all is fine amid massive USDT exchange deposits and BTC withdrawals

Does someone know something the public doesn’t? Crypto-Twitter has been abuzz with speculation about a large amount of USDT flowing into the Huobi crypto exchange. Significant amounts of Bitcoin (BTC) also appear to have exited the platform during the same period. The Singapore-based entity recently issued a statement claiming all is well. “We have noticed that recent events have sparked inquiries and speculation from some users,” Huobi said earlier today, adding:   “Huobi reiterates: ‘We are currently operating normally, user assets are safe, and trading, deposits and withdrawals […]

More info

Bitcoiners Weigh In On The U.S. Presidential Election

Bitcoin is inherently apolitical, in the sense that no third party or government can influence the critical aspects of how the network functions. But politicians can influence Bitcoin tangentially, by introducing regulations that make it harder to access, implementing economic policies that drive more people toward this alternative or through other actions within their power. And decisions by individuals to leverage BTC, to opt out of financial systems that are run by governments or to use Bitcoin to circumvent regulatory systems are fiercely political ones, even if […]

More info

Artist, gamer or property mogul? Follow the NFT road to find earnings

From owning land to playing games and creating artworks, earning opportunities on NFT marketplaces continue to grow. Nonfungible tokens are not a new phenomenon in the crypto space, as the emergence of blockchain technology has provided a useful base layer to create a sprawling economy for digital collectibles. Amid the growing appetite for digital art, in-game utility tokens and other forms of crypto collectibles, the NFT metaverse is experiencing a surge toward broad-based commercialization. Within the ecosystem lie numerous intersections among various industries such as arts and […]

More info

SEC votes to simplify exempt offering rules for securities

“While each component in this patchwork system makes some sense in isolation, collectively, there is substantial room for improvement.” The United States Securities and Exchange Commission voted to amend a set of rules to simplify and improve the “overly complex” procedures for exempt securities offerings. According to an announcement Monday from the SEC, the proposed changes aim to “harmonize, simplify, and improve” the existing “overly complex” framework to make it easier for companies to conduct offerings while still protecting investors. The regulatory body stated that the amendments […]

More info

Brave Browser: Number of monthly users increases 130% in 1 year

Brave has now onboarded 20 million active users and almost 1 million content creators. Brave Browser recently hit a major milestone: 20 million active monthly users, up from 8.7 million the same time last year. The number of active daily users has increased at a similar rate, from 3 million to 7 million. The number of verified content creators on the Brave platform has comparably expanded from 300,000 last year to nearly 1 million today. Brave is a privacy-focused browser that rewards participants for viewing ads using its […]

More info

Price analysis 11/2: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, BSV, ADA

Bitcoin is facing selling at the $14,000 mark and this has resulted in several cryptocurrencies dropping below their support levels. China’s central bank governor Yi Gang has said that the nation’s digital yuan pilot projects have processed transactions worth over $299 million without any major problems. This suggests that China is much ahead of its competitors in developing and studying the central bank digital currency (CBDC). However, the European Central Bank does not want to be left behind. European Central Bank President Christine Lagarde has invited comments […]

More info

5 signs that the real Bitcoin rally may only be just beginning

The price of Bitcoin has pulled back from its $14,100 multi-year high, but there are five signs that the real rally is only just starting. The price of Bitcoin (BTC) has pulled back substantially since its yearly high at $14,149 a few days ago. Yet, there are five signs that the real rally is only just starting. Rising “HODLing” activity, record-high fundamentals, low retail interest, higher time frame breakout and technical indicators suggest that a bigger bull run may be brewing.  Higher time frame breakout Bitcoin has […]

More info
1 2 3