Month: July 2020

The number of accounts holding more than one million XRP has increased by 3.7% with 30 new whales appearing over the last two weeks, according to Santiment’s holder distribution chart.  These investors now hold between $240,000 and $2.4 million in XRP each, which has contributed to upwards pressure on price. After a fairly uninspiring few
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Crypto market data firm Messari estimates that 20% of all decentralized exchange (DEX) volume on Ethereum is routed via DEX aggregators. In a newsletter, Messari writes that “the 21st century is dominated by aggregators,” adding, “Amazon aggregates consumers and merchants. Uber aggregates riders and drivers. Netflix aggregates viewers and content. The list goes on.” With
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RRMine Global CEO, Steve Tsou, said at a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29 that the future of crypto mining will transit from labor-intensive companies to technology-intensive and capital-intensive companies. It will be all about computing power. Computer power and the digital economy With the rapid development of
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The Australian Securities and Investments Commission, or ASIC, is asking people to remain cautious about celebrity-endorsed Bitcoin (BTC) scam sites. According to the commission’s public warning, the Australian watchdog has received a number of reports of fraudulent crypto sites that claim to be endorsed by prominent businesses, new sites, and government agencies. Some even appear
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The Electric Coin Company, or ECC, the outfit behind the privacy-focused Zcash (ZEC) cryptocurrency, has initiated the Crypto in Context program. The effort touts itself as a crypto education, assistive and collaborative movement, looking to impact regions where individuals lack financial service access and other difficulties, a July 29 ECC blog post said. The program harnesses
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Iran has announced that it will now allow industrial-scale power plants in the country to operate as Bitcoin miners —- provided they don’t use subsidized fuel. In a statement to the Islamic Republic News Agency (IRNA) on July 27, Mostafa Rajabi Mashhadi, a Deputy Managing Director at Tavanir, Iran’s Power Generation, Transmission and Distribution Management
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The average performance across Ethereum (ETH)-based assets has been a nearly 130% year-to-date (YTD) gain, according to data published by market data aggregator Messari. The data provides an overview of the 178 assets that currently exist on Ethereum, totaling a combined market capitalization of $63.7 billion — just shy of 20% of the entire crypto
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Cameron Winklevoss, the billionaire founder of cryptocurrency exchange Gemini, believes the next Bitcoin (BTC) bull run will be much different. When compared to previous bull markets, Winklevoss noted that there is substantially more capital, infrastructure, and better projects. Winklevoss said: “The next Bitcoin bull run will be dramatically different. Today, there’s exponentially more capital, human
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