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Tether Sets New Records With $20bn+ Market Cap

Source Node: https://beincrypto.com/tether-sets-new-records-with-20bn-market-cap/
Time Stamp: December 18, 2020 1:22 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

USDT is now also the fourth largest crypto by market cap. The news was announced in a Tweet from the company. At the time this article was written, Tether had a market cap of slightly over $20.03 billion. This is down about $10 million from its peak today, according to CoinMarketCap.  Tether has just surpassed a $20B market capitalization! This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted currency! pic.twitter.com/sorWjzChIo— Tether (@Tether_to) December 18, 2020 Accelerate! Tether’s market cap has

A Massive Bitcoin Price Move Is Likely Imminent… Again: Here’s Why

Source Node: https://bitcoinist.com/massive-bitcoin-price-move-imminent-again/?utm_source=rss&utm_medium=rss&utm_campaign=massive-bitcoin-price-move-imminent-again
Time Stamp: August 16, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin has consolidated between $11,000-12,000 over recent weeks. While the consolidation has only lasted for just over two weeks, prices are tightening again. By indicators like the width of the Bollinger Bands, volatility is reaching notable lows yet again. This signals to analysts that a massive Bitcoin price move is likely imminent. Fortunately for bulls, there are many analysts expecting upside due to both technical and fundamental trends. How high Bitcoin rallies in this potential breakout, though, is not yet clear. Bitcoin Could Soon See a Massive Move: Volatility Indicators

Bullish For Bitcoin: BTC Supply Slowly Shifts From Whales Toward Smaller Entities

Source Node: https://bitcoinist.com/bullish-for-bitcoin-btc-supply-slowly-shifts-from-whales-toward-smaller-entities/?utm_source=rss&utm_medium=rss&utm_campaign=bullish-for-bitcoin-btc-supply-slowly-shifts-from-whales-toward-smaller-entities
Time Stamp: August 6, 2020 11:00 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

New data shows that the amount of Bitcoin held by smaller entities has grown significantly. Meanwhile, during the same time, whale-sized BTC wallets declined by a similar margin. Clearly, there’s been a sizable shift in supply, but what exactly does this crypto wealth transfer signify? And is this bullish or bearish for the first-ever cryptocurrency? Supply Restrictions Give Cryptocurrencies Added Value That Isn’t Fully Understood Out of all of Bitcoin’s unique attributes that give it inherent value, nothing compares to the asset’s hard-capped, 21 million BTC supply. Various supply-based valuation

Bitcoin Reddit Roundup – July 2020

Source Node: https://bitcoinmagazine.com/articles/bitcoin-reddit-roundup?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-reddit-roundup
Time Stamp: August 1, 2020 12:07 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Welcome to the second edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This roundup contains 45 links to the best quality content that was uploaded to Bitcoin Reddit this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other forums as well, such as r/BitcoinMining. In this roundup there are 10 different categories of links: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents) and, last but not least, Memes, Fun, And Other. Big shoutout to Sam Wouter,

Why This DeFi Exchange is a One Way Ticket for Ethereum’s ERC-20 Tokens?

Source Node: https://coingape.com/why-this-defi-exchange-is-a-one-way-bullish-ticket-for-cryptocurrencies/
Time Stamp: August 1, 2020 4:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

advertisement Uniswap is a decentralized exchange with a unique mechanism for trading ERC-20 tokens on its platform. Apparently, its the perfect platform for pumping tokens. CryptoGainz, prominent crypto trader tweeted, Advertisement there’s no orderbook to scare buyers or induce selling, only a bullish narrative and sell side liquidity crisisUniswap evaluates the price of a token based on the balance of Ethereum and of the token. On a successful trade or exchange, the value is added in accordance with the Ethereum swapped for the token. Hence, there are no order books