Tag: reichwerden

Investors bullish on Ethereum ahead of much-hyped CME futures launch

The day is finally here—today, depends on how you cut it, the CME Group will be launching a futures market for Ethereum. The CME Group is one of the world’s leading financial exchanges, hosting a majority of trade in top commodities, including Bitcoin. The CME Group made crypto headlines in 2017 when it rolled out…

February 7, 2021
Dogecoin (DOGE) just surged 50% after Elon Musk gave the crypto another bump

It appears that crypto’s favorite chief executive, Elon Musk, just gave Dogecoin (DOGE) another bump. The Tesla and SpaceX chief executive recently spoke to TMZ, the media outlet, about Dogecoin, while he later tweeted about the meme cryptocurrency. This latest turn of events comes after a rocky past week for DOGE, which surged some 900…

February 7, 2021
Bitcoin blockchain’s hash rate hits new all-time high

The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes per second (EH/s) on Friday, according to crypto metrics platform Glassnode. Yeah, that’s a lot. The Bitcoin network’s mean hash rate exceeded 176 EH/s. Image: Glassnode The increase in hash rate…

February 7, 2021
Retail Crypto Adoption Advances Amid Pandemic as Acceptance and Fungibility Broaden Value

While the rise in cryptocurrencies over the last year has been the source of excitement among advocates and consternation for its detractors, a look at prices alone hides the real value being unlocked within the ecosystem. Cryptocurrency’s Real Value Lies in its Use, Not Speculation With the pandemic weighing on the global economic outlook and…

February 7, 2021
The ethics of hiring cheap Filipino staff: Crypto in the Philippines Part 2

“When you realize the difference in purchasing power it’s like ‘Yes, they are earning much, much less than an Australian salary’. But it also costs much, much less, to live here.”

February 7, 2021
Circling back to blockchain’s originally intended purpose: Timestamping

With the simple implementation of timestamping and blockchain, the internet may become a safer and more trusted place.

February 6, 2021
Bit.com’s Daily Volume for Bitcoin Cash Options Doubled Every Day Since Launch

At the end of January, the Matrixport subsidiary and leading derivatives exchange Bit.com announced the introduction of bitcoin cash perpetual swaps and options. Following the launch, the daily 24-hour volume has exceeded expectations doubling every day ever since. During the last few years, there’s been a number of derivatives exchanges leveraging bitcoin (BTC) and ethereum…

February 6, 2021
Online Sleuths Believe Satoshi Nakamoto’s Bitcoin Stash Is a Blockchain Treasure Hunt Meant to Be Found

Over the last twelve years, the cryptocurrency community has always been intrigued by Bitcoin’s inventor Satoshi Nakamoto. For over a decade, armchair sleuths and journalists have tried to uncover the creator’s identity and information on the whereabouts of all the bitcoins the enigma mined when the network was still in its infancy. Now a few…

February 6, 2021
Whales profit as high Ethereum gas fees sideline retail DeFi investors

High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales.

February 6, 2021
Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started.

February 6, 2021