Posted in Cryptocurrency

Tether’s Supply on Exchanges Declining Rapidly, Total Stablecoins’ Market Cap at $22.7 bln

Bitcoin is taking a breather around $18,500 after rallying 72.5% In this quarter. Analyst PlanB said, “Current Bitcoin price action…

Continue Reading... Tether’s Supply on Exchanges Declining Rapidly, Total Stablecoins’ Market Cap at $22.7 bln
Posted in Cryptocurrency

China’s State Media on BTC’s ‘Institutional-Driven’ Bull Run; Improved Dramatically Compared to 2017

Bitcoin has enjoyed gains of 31% in November while being up more than 67% this quarter, making it the 18th…

Continue Reading... China’s State Media on BTC’s ‘Institutional-Driven’ Bull Run; Improved Dramatically Compared to 2017
Posted in Cryptocurrency

Genesis Reports Largest Ever Quarter, Q3 Driven by ETH, Stablecoins, & DeFi

Digital currency prime broker Genesis reported a record quarter third of 2020 with $4.5 billion in spot volume — up…

Continue Reading... Genesis Reports Largest Ever Quarter, Q3 Driven by ETH, Stablecoins, & DeFi
Posted in Cryptocurrency

Apple Can Buy 145k Bitcoin With Just 1% Of Its $191 Billion of Dollars Held in Cash

Apple has a total of $191.83 billion cash on hand, down from quarter third of 2020, when it was $193.8…

Continue Reading... Apple Can Buy 145k Bitcoin With Just 1% Of Its $191 Billion of Dollars Held in Cash
Posted in Cryptocurrency

Silvergate Bank Q3 Earnings Call Upholds Bullish Trajectory; Net Income Shot Up 29% to $7.1M

Silvergate, a Fintech and crypto-focused bank, has reported another bullish quarter according to its latest earnings call. The Q3 Silvergate…

Continue Reading... Silvergate Bank Q3 Earnings Call Upholds Bullish Trajectory; Net Income Shot Up 29% to $7.1M
Posted in Cryptocurrency

Grayscale’s Record-Breaking Hat-trick, Q3 Inflows Rakes in Over $1 Billion in Investment

Q3 was the best quarter ever for Grayscale Investments, which serves institutional investors, family officers, and private investors. The largest…

Continue Reading... Grayscale’s Record-Breaking Hat-trick, Q3 Inflows Rakes in Over $1 Billion in Investment
Posted in Cryptocurrency

Biggest Challenges Ahead for Crypto as Regulators Declare War on Privacy & Self-Custody

The start of the new quarter saw a slew of regulatory moves targeting the cryptocurrency space – “we’ve made the…

Continue Reading... Biggest Challenges Ahead for Crypto as Regulators Declare War on Privacy & Self-Custody
Posted in Cryptocurrency

An Erosion of Centralized Power: DEX’s Steal Trading Volume & Web Traffic from CEX’s

While Bitcoin ended the quarter 3 of 2020 with positive 18% gains, it was the quarter of decentralized finance (DeFi)….

Continue Reading... An Erosion of Centralized Power: DEX’s Steal Trading Volume & Web Traffic from CEX’s
Posted in Cryptocurrency

Ethereum Miner Fees Beats August Record with a 47% Increase in September

The final quarter of 2020 is here after seeing the tectonic shifts over the last few months, such as the…

Continue Reading... Ethereum Miner Fees Beats August Record with a 47% Increase in September
Posted in Cryptocurrency

US Household Net Worth Rises to a Record $119 Trillion Level in Q2

The net worth of American households and non-profit organizations surged in the second quarter to the highest level ever, thanks…

Continue Reading... US Household Net Worth Rises to a Record $119 Trillion Level in Q2