bitcoin
This week in crypto: IOTA hits 1,200 TPS while Grayscale buys up 2% of the entire Bitcoin supply
It seems like this week we reached some kind of tipping point with general interest in crypto, which has culminated in Bloomberg saying Bitcoin will reach $20,000 this year. But price talk isn’t the only thing that’s been happening. There have been some big developments, too. Namely…
One institution has bought up half of all Ethereum and a third of all Bitcoin created this year
News came out this week that Grayscale Investments has bought up one-third of all the Bitcoin mined in the last three months. Which, unless I quantify that means absolutely nothing. So let’s put it into numbers. In the last 100 days, Grayscale has bought 60,672 Bitcoin… worth a
What is the “magazine cover indicator” telling us about crypto prices?
Well, it’s been another great week for crypto. After last week’s surge, shortly after I posted last week’s article [https://coinconfidential.com/crypto-cheats-death-once-again/], a news alert popped up on my phone saying, “Biggest Bitcoin Bull Trap In The Making”. Whenever I see a publication leading with a
Crypto is crushing it… how is such a risky asset flourishing in such a fearful world?
Source: Reddit [https://www.reddit.com/r/CryptoCurrency/comments/g4ynm2/hey_oil_traders/] Here’s something interesting. While stockmarkets are still very much in the red, crypto has been on a (relative) tear. And not just Bitcoin – which is currently up 4.9% Year to Date (YTD). The entire crypto
Will the $12 trillion “global stimulus” make or break Bitcoin?
I saw an interesting tweet the other day, showing that governments have injected $12 trillion into the global economy since the start of the coronapocalypse. Source: Twitter [https://twitter.com/DTAPCAP/status/1245787261452591104] I don’t know about you, but when I hear numbers over a few thousand, I find
IOTA launches coordicide early
2020 has certainly started well for crypto. The overall market is up over 45% since the start of the new decade, with a few key projects flying much higher than that. At time of writing (10am on the 7th of February): * Our old favourite, Tezos [https://coinconfidential.com/tax-free-crypto-gains/], is
Everything you need to know about Central Bank Digital Currencies
Here’s an abbreviation you’re going to see a lot of, starting this year: CBDC. It stands for Central Bank Digital Currency, and it’s going to cause the biggest shakeup of the global financial system since the 2008 financial crisis.
The three major developments coming to crypto in 2020 – and what they mean for your money
By now you’ve probably read your fair share of “what to look out for in 2020” articles from all the usual suspects. And I’m guessing you’re pretty sick of them. With that in mind… here are my top three crypto events of 2020. The thing is, I’
PlusToken's $2bn Bitcoin scam has been tanking crypto prices since July: here's what you need to know
This week, crypto prices have been all over the place. On Friday I was inundated with blockfolio alerts. First prices were down 15%, then up 5%, then down 5%, then up 10%… then I worked out how to turn off those incessant alerts. Today, the overall crypto market is right
What Ethereum’s hard fork to Istanbul means for token holders
Find out what Ethereum’s hard fork to Istanbul means for Ethereum token holders, as well as what zero-knowledge proofs are and why they are changing the world. Plus all the latest on staking Ethereum.