Bitcoin Will Eat Gold's Market Share

Chainalysis found that transfers of 10 to 100 and 100 to 1000 Bitcoin accounted for about 70% of all Bitcoin sent and received by crypto exchanges in recent days, which is slightly higher share than usual. Interestingly, about 10% of Bitcoin was from transfers of over 1000 Bitcoin.

19 Mar 20203min

Coin Zoom has just officially deployed its crypto exchange platform and Visa card that allows users to buy, sell and spend Bitcoin and other cryptos.

18 Mar 20203min

As the stock market suffered its worse day in three decades last week, a Midtown Bank of America branch in Manhattan saw lines of people at its ATMs. Customers were draining cash from their accounts, sometimes tens of thousands of dollars at a time.The demand was so great that the branch could not cope and temporarily ran out of hundred dollar bills.

17 Mar 20204min

Bitcoin fell from over $10,000 in February, to a low of $3,800 last week, but regardless of the chaos and resulting selloff, Bitcoin continues to follow the stock to flow model.

16 Mar 20204min

The New York Fed is conducting a massive liquidity injection into the markets. This $1.5 trillion capital injection is being referred to as the Fed firing its “nuclear weapon” by analysts and could have impacts on Bitcoin and all other assets.

15 Mar 20203min

An unknown group known as Coro Hope says it’s using funds from anonymous, crowd sourced Bitcoin donations to create a vaccine for the Covid-19 virus.

13 Mar 20202min

Square Crypto, the payments company launched by Twitter founder Jack Dorsey, is now officially supporting Bitcoin development through a grant program.

11 Mar 20204min

The Nasdaq listed crypto mining firm Riot Blockchain has demonstrated a remarkable monthly growth in their average daily run rate of Bitcoins mined during the month February.

10 Mar 20203min