Bitcoin reserves on derivatives exchanges have dropped to levels last seen before the May price crash. Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10, derivatives reserves totaled 1.256 …
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Former Goldman Sachs executive Raoul Pal says Ethereum (ETH) is the ‘greatest trade
Former Goldman Sachs executive Raoul Pal has revealed he believes Ethereum is the “greatest trade” setup that he has ever seen as the cryptocurrency’s fundamentals suggest it has a large …
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Tether unveils reserves and backing for its USDT stablecoin in new report
To assuage critics and to abide by a legal settlement, Tether Holdings Limited, the issuer of the world’s largest stablecoin USDT, has released a report by an independent accountant, which found …
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Cardano (ADA) creator wants to organize rally in Washington to support cryptocurrency
After the U.S. Senate failed the cryptocurrency industry, IOHK CEO Charles Hoskinson is now willing to take it to the streets. The Cardano creator has tweeted about making phone calls to organize …
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AMC entertainment to accept Bitcoin (BTC) payments for movie tickets
According to AMC CEO Adam Aron, the movie theater chain will have the IT systems in place to accept bitcoin payments by the end of 2021. He made the comments …
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Is Ethereum (ETH) on its way to becoming ultra-sound money?
Ethereum just went through its most complex upgrade ever. Justin Drake, researcher at the Ethereum Foundation, discusses what the upgrade, aka the London hard fork, means for ether’s future as …
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AMC theatres to accept Bitcoin (BTC) payments by the end of 2021
The large US movie theatre chain, AMC Theatres, will add bitcoin as a payment option by the end of the year, said the organization’s CEO Adam Aron. Thus, the number …
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Total cryptocurrency market value breaks $1.9T for first time since May
The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion. According to data from crypto data aggregator CoinGecko, the total …
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Bitcoin (BTC) ‘golden cross’ due in days as bears draw a line at $47K BTC price
Bitcoin returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark …
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Share of Bitcoin (BTC) transactions worth $1M or more surges by 70% within a year
In the previous 11 months, the dominance of Bitcoin (BTC) transfers worth $1 million or more has increased from 30% to 70%. Bitcoin transactions over $1 million or more have grown significantly …
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