Bitcoin Price Ticks Up as US Tops List for BTC, Litecoin (LTC), Ethereum (ETH) Trading Volumes

Bitcoin is currently trading around $6,522 at time of writing, up .27%, according to WorldCoinIndex. According to a new report from CoinShares, the risk of crypto investments appears to be lessening, based on the Sharpe ratio. “As assets mature they are showing beginning trends of improving Sharpe ratios. While 2017 was more volatile than preceding years … [Read more…]

Bitcoin Wallets Up 750,000 So Far in August as Traders Stay Engaged

Bitcoin continues to attract trader activity, generating a crush of new wallets. Since August 1, the number of blockchain wallets has increased by 766,649, rising to an all-time high of 27,807,578 as of today. The steady increase is occurring despite market volatility and the year-long bear market, indicating that Bitcoin is attracting a growing pool … [Read more…]

Hawaii in Crypto: Latest US Representative Discloses Ethereum and Litecoin Investments

Hawaii grabs the top spot on Google Trends for the most Bitcoin searches by state. Rounding out the top 10 US states are California, Washington, New York, Nevada, New Jersey, Utah, Colorado, Illinois and Massachusetts. US Representative Tulsi Gabbard, who has been serving Hawaii’s 2nd congressional district since 2013, released her latest financial disclosure form which was … [Read more…]

Weekly Game Plan 20 Aug 18

With Turkey on holiday for most of the coming week, and no other developments over the weekend, it might be a quiet start to the week. As traders wait for Jackson Hole, the WSJ article from Friday might keep stocks buoyant into the week as US & China appear to be planning meetings to resolve … [Read more…]

Report: Nearly $2.5 Billion Paid Annually to Ethereum Miners, ETH Issuance Woes Continue

Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2.5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8.3 percent of Ethereum’s market cap – which stands at $30 billion at … [Read more…]

Analysts: Cryptocurrency Interest Remains High, Exchange Revenues are Evidence

Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018’s extended bear market is a mere price correction, and so-called Bitcoin “obituary” reports are “greatly exaggerated.” Exchange Fees Indicate Market Interest According to a report on Bloomberg, Sanford C. Bernstein & Co. analysts pointed out the massive revenues of cryptocurrency … [Read more…]

Leading Crypto Experts to Speak at the Blockchain & Bitcoin Conference Switzerland

On October 9, Geneva will welcome the Blockchain & Bitcoin Conference Switzerland for the second time. The event planned by the international company Smile-Expo will gather professionals in the DLT industry who will focus on the most topical issues of the sphere. Who will speak at the conference? Among the participating speakers there will be … [Read more…]