The founder of Alden Investment Strategy, Lyn Alden, admitted that she does not invest in ether, as she considers this tool less promising than bitcoin. On Twitter, the strategist posted a series of posts in which she analyzed the long-term potential of the largest digital currencies. She herself does not invest in ETH, as she believes. that this project has weaknesses. The Ethereum network is…
Bitcoin turns out to be the most profitable asset in the past nine years
January 17, 2021
Pantera Capital CEO Dan Morehead sent a letter to investors in which he noted that Bitcoin was the highest-yielding asset in the past nine years. Now the digital currency is trading above $ 35,000, and we will see an update to the highs in the near future. According to…
At the end of the week, we summarize what we wrote about these seven days, and collect everything that is relevant for fans of cryptocurrencies and decentralized technologies. Bitcoin Core 0.21.0 was released this week, Dan Larimer stepped down as CTO of the EOS development…
Bitcoin turns out to be the most profitable asset in the past nine years
January 17, 2021
Pantera Capital CEO Dan Morehead sent a letter to investors in which he noted that Bitcoin was the highest-yielding asset in the past nine years. Now the digital currency is trading above $ 35,000, and we will see an update to the highs in the near future. According to Morehead, more and more investors are starting to switch to BTC as confidence in fiat money weakens. Digital assets are not…
According to the latest data, open interest in futures contracts on ChainLink (LINK) has surged to a new high. Researchers from the Bybt.com team found that this figure reached $ 287.72 million at the end of this week. The surge in interest in LINK-futures is observed…
US authorities want to strengthen the fight against the criminal use of bitcoin
January 17, 2021
A bill to counter the criminal use of digital currencies was submitted to the House of Representatives of the US Congress later this week. In particular, this document talks about the need to combat the financing of terrorism through bitcoin and other cryptocurrencies. The…
In mid-January, the computing power of the bitcoin network set a new record – 151 EH / s, having increased by 45% over the past 12 months. This means that more and more miners have turned on devices for mining cryptocurrency, writes RBC Crypto.
The rise in the price of bitcoin to a record $ 42 thousand made mining super profitable again, even on aging devices. Three heads of mining…
Over the past two years, BTC miners have earned as much as in the first decade of Bitcoin’s existence.
The impressive statement, written by Rafael Schulze-Kraft, CTO at Glassnode, is based on data from Glassnode on the total revenue of bitcoin miners.
In the past 2…
Paypal plans to make $ 2 billion in cryptocurrency over the next few years
January 16, 2021
PayPal income from cryptocurrency sales bitcoin can grow to $ 2 billion. This is the conclusion reached by Dan Dolev, an analyst at the Japanese commercial bank Mizuho, writes MarketWatch.
The analyst raised the forecast for the company’s shares from $ 290 to $ 350…
The company behind the EOS project, Block.one, holds 140,000 BTC worth $ 5.2 billion, according to the Bitcoin Treasuries data.
At the time of writing, the capitalization of the EOS cryptocurrency is $ 2.6 billion. The asset is ranked 16th in the CoinGecko rating.
Data: CoinGecko.
The price of EOS has dropped 10% over the past 30 days, and over the past year – by 28.8%. This is the worst…