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Wed Jan 15 8:44 PM

Market Wrap: Bitcoin Dumps to $21.9K; ETH 2.0 Affected Ether Locked in DeFi

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After the past week’s record bitcoin volume for 2020, the price dipped on lower volume. Meanwhile, November’s dip in ether assets locked in DeFi can at least partially be attributed to the Ethereum network’s ambitious 2.0 upgrade. Bitcoin (BTC) trading around $22,843 as of 21:00...

Bitcoin dominance back to 2019 levels as institutions fill their bags

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The world’s pioneer cryptocurrency has bounced back to glory after the DeFi summer stole much of the limelight.Bitcoin’s dominance rises to 68%As per data on tracking site CoinMarketCap, Bitcoin’s market share dominance is now at 66% after a long “DeFi summer” and a mini-alt...

Author Ben Mezrich on Capturing the Winklevii and Plans for a ‘Bitcoin Billionaires’ Movie

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What do you know about Mark Zuckerberg? What about the origins of Facebook? Or the Winklevoss twins? Odds are you first learned about them from “The Social Network.” And that film was based on the book “The Accidental Billionaires,” written by Ben Mezrich, who...

First Mover: As Markets Turn Ugly, Bitcoiners Thank Secular Trend

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Bitcoin was lower for a second day, retreating following an eight-day streak of gains that was the longest since June 2019.  “A period of consolidation could be beneficial,” Simon Peters, an analyst for the trading platform eToro, wrote early Monday in an email, “allowing things...

Bitcoin Volatility Is Not ‘So Wild’ When Compared to Tesla

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Both Bitcoin and Tesla stock have benefitted from each other’s individual volatility to date with 2020 marking a historic year for both assets. The cryptocurrency ecosystem is known to be a very volatile space with Bitcoin’s volatility causing skepticism amongst some groups of investors. While...

Tyler Winklevoss: New US $900B COVID-19 Stimulus Bill Is ‘Advertisement’ for Bitcoin

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Tyler Winklevoss has called the new coronavirus stimulus package “another $900 billion advertisement for Bitcoin.”The United States Congress passed the new $900 billion COVID-19 stimulus bill into law on Monday ending the long-standing stalemate that plagued the negotiations for months. Per an earlier report...

Square’s Cash App Now Lets Customers Get Bitcoin Back on Purchases

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Cash App, the cash-transferal app of payments giant Square, is now allowing customers to get bitcoin back on every transaction. Previously, Cash App had only allowed clients to get U.S. currency back on transactions. In November, in the company's Q3 earnings report Square said Cash...

Tiny Capital’s Wilkinson Shows Interest in Bitcoin

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Andrew Wilkinson, the multimillionaire co-founder of tech-focused holding group Tiny Capital, ignited a small firestorm on Twitter Saturday merely by inquiring about bitcoin. Of course, asking a simple question doesn't mean that Wilkinson, who has been described as the Warren Buffett of startups, will ever...

270K Physical Addresses and 1M Emails of Ledger Customers Get Leaked on Raidforms

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Ledger has indicated that the leaked database will not compromise the customers’ funds or even their personal hardware wallet.More than five months after major hardware wallet provider Ledger revealed a data breach from its website, the attackers have finally dumped the leaked databases on...

JPMorgan: Bitcoin (BTC) Price May Correct If Inflows into Grayscale Bitcoin Fund Slow Down

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The Bitcoin price correction witnessed in the second half of 2019 may be seen in the coming weeks if there is a major slowdown in the inflows recorded by the Grayscale Bitcoin Trust. Bitcoin (BTC) saw the best of its days in the past week...