Bitcoin

Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges

Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges

Traders are expecting bitcoin to go higher. DeFi is surging in web traffic. And Cosmos is alive and well, despite internal feuding. No cultsCosmos, the blockchain interoperability project that turned a small ICO into a thriving ecosystem, almost came to an end in February 2020 when the project’s co-founders engaged in a heated feud. It …

Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges Read More »

Fintechs are moving into bitcoin, but expect crypto startups to stay on their home turf

Fintechs are moving into bitcoin, but expect crypto startups to stay on their home turf

Square, SoFi, and soon PayPal.  The list of financial technology companies that have jumped on the crypto bandwagon continues to grow. And it makes sense — fintechs stand to cash in on such offerings, which can be more profitable than stock trading offerings, in some instances. It also provides fintechs with a way to expand …

Fintechs are moving into bitcoin, but expect crypto startups to stay on their home turf Read More »

Link’s Trading Volume on Coinbase Surpasses That of Bitcoin

Link’s Trading Volume on Coinbase Surpasses That of Bitcoin

Chainlink’s link token, driven by the increased popularity of decentralized finance (DeFi), has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro, the biggest crypto exchange in the U.S.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and …

Link’s Trading Volume on Coinbase Surpasses That of Bitcoin Read More »

Bitcoin is still the crypto of choice for darknet marketplaces

Bitcoin is still the crypto of choice for darknet marketplaces

A survey conducted by The Block Research has found that bitcoin remains the cryptocurrency of choice for payments and withdrawals for many darknet marketplaces. The Block’s Steven Zheng found that among the 49 darknet markets surveyed, about 98% of them support bitcoin. Monero is the second-most popular cryptocurrency — it’s used by 45% of markets …

Bitcoin is still the crypto of choice for darknet marketplaces Read More »

Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes

Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes

Bitcoin continues its rebound this week after Sunday’s crash. Meanwhile, the ether options market suggests a roller coaster ride ahead for the world’s second largest cryptocurrency. It’s been a positive week for bitcoin so far. The world’s oldest cryptocurrency is continuing its rebound from a Sunday price crash, appreciating 12% on a bullish run that …

Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes Read More »

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit

Square said Tuesday that it made $875 million in bitcoin revenue via its Cash App service during the second quarter of 2020.  The release — which came a day early stemming from what Square called an “early external access of the company’s quarterly financials” — also notes that Cash App generated $17 million in bitcoin …

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit Read More »

Scroll to Top