Yesterday everybody was surprised by the big move in bitcoin price. On Friday, the Bitcoin price really exploded, with BTC moving near the $3,800 without precedent in a long time. As usually, altcoins followed, with Litecoin (LTC) registering gains above the 30 %, as other important coins registered around 8% gains on average.
This aggressive move, which was not seen in a while in crypto markets, drove the overall crypto market Cap to $121 billion adding more approximately $10 billion to the overall crypto market Cap in one day.
What caused the boom in Bitcoin price?
Some have contended this … Read the rest
Bakkt Launch has been the discussion of the crypto community for at least 6 months to now. Discussions about it d to that. But it has first to be approved and from the CFTC. And things at CFTC office seems slow because of the US government shutdown.
In any case, that isn’t slowing the internal activities of Bakkt, its staff, and the groups work around the clock creating the exchanges controlled by ICE. The marketing buzz that can felt among those associated with the Bakkt is exploding. Work is being done and arrangements are in full rigging.
The expected thing … Read the rest
In bitcoin first block, Satoshi Nakamoto brought the title of the front page of The Times – The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
This block, also known as the Creations block, is taken from the Christian Genesis story.
There is a common norm in the domestic academic community for the definition of religion: religion is a cultural phenomenon that emerges from the development of human society to a certain historical stage and belongs to the special ideology of society.
And this definition, put on today’s bitcoin, is also very suitable.
Bitcoin and religion similarity
The … Read the rest
Today, independent cryptocurrency researcher Willy Woo forwarded an old article that roughly consisted of an asteroid called Psyche 16 between Mars and Jupiter, which consisted almost entirely of metal, including iron, nickel and gold. According to estimates, its value is about $700 Quintillion, equally distributed to 7.6 billion people on the planet, each person can get about 92 billion US dollars, which also greatly stimulated the idea of people mining in space, according to It is said that this is also the goal of NASA’s exploration in 2022.
Image source: outerplaces.com
Gold is infinite, but technical limitations make us mistakenly… Read the rest
Bitcoin halving hype usually starts one year before the halving. Not we are 70.000 blocks far from the next halving. What that means is that instead of 1800 bitcoins that are minted daily, miners will be able to mine only 900 Bitcoins daily. It is known that miners are the biggest sellers because they have to pay for electricity and other bills. All this means that demand for bitcoin will increase.
Ripple CEO Brad Garlinghouse spoke at the World Economic Forum in Davos, Switzerland, about the potential of cryptocurrencies to improve the global economy. At a roundtable discussion entitled “The Future of Cryptographic Money,” Garlinghouse mentioned that blockchain technology is highly likely to improve the conditions under which social, banking, and industrial relationships operate:
… Read the rest
“There is an opportunity to fundamentally rewire how modern financial infrastructure works in the pre-funding. You have about $10 trillion pre-funded to banks around the world in order to enable cross-border payments. If you could take advantage of crypto liquidity to fund real-time payments, you could actually