Monthly Archives: September 2018

Thoughts on Decentralized Exchanges

Hundreds of projects around the world are working on Decentralized exchanges (DEXs). An extensive list can be found here: https://github.com/distribuyed/index The most interesting DEXs in this list fall under the DEX Grade “Fully” (fully decentralized).   Benefits of a DEX Censorship Resistance Centralized exchanges can censor listings and trades. Earlier this year Japanese regulators forced […]

Tuesday 25th September

BITCOIN 1 Bitcoin = $6,406 Market Cap = $111 billion   Bitcoin Transactions are Large The average bitcoin transaction is $3k and your median bitcoin transaction is $200. It’s mostly going between large exchanges. Compared to Visa, Bitcoin has moved up several orders of magnitude in its throughput [volume]. Visa has also been increasing in […]

Wednesday 12th September

BITCOIN 1 Bitcoin = $6,315 Market Cap = $109 billion   Bitcoin Settlement Volumes Surpass the OTC Gold Market Bitcoin settlement data from CM: https://coinmetrics.io/data-downloads/ Conservatively, (adjusted estimates), Bitcoin has settled $848b this year, and is on track to settle $1.38T. Bitcoin, it appears, has quietly surpassed the OTC gold market in settlement volumes. – nic carter   […]