Author Archives: Lee Banfield

Friday 12th October

BITCOIN 1 Bitcoin = $6,304 Market Cap = $109 billion   goTenna & Samourai Wallet’s Mobile App Works Without Internet Access Powered by goTenna Mesh, TxTenna is an Android app that enables off-grid broadcasts of signed Bitcoin transactions from Samourai Wallet. Without relying on cell service or an internet connection, goTenna Mesh generates a signal […]

Friday 5th October

BITCOIN 1 Bitcoin = $6,592 Market Cap = $114 billion   Drivechain Released for Testing A proposal to radically expand the capabilities of bitcoin such that it would be able to add vast new features has arrived on testnet. Paul Sztorc revealed the test version, a development that comes nearly three years after the idea was first conceived […]

Quarterly Roundup – Q3 2018

BITCOIN 1 Bitcoin = $6,487 Market Cap = $112 billion   Bitcoin Dominance Index Back Above 50% Now at 52%, up from an all-time low of 33% in January. August was the first month this year that Bitcoin accounted for over half the value of crypto assets.   Bitcoin Settlement Volumes Surpass the OTC Gold Market Bitcoin […]

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   […]

Saturday 11th August

BITCOIN 1 Bitcoin = $6,423 Market Cap = $111 billion   Bitcoin Dominance Index Back Above 50% Now at 51%, up from an all-time low of 33% in January. First time this year that Bitcoin accounts for over half the value of crypto assets.   Bitcoin Could be ‘First Worldwide Currency’: NYSE Owner Intercontinental Exchange […]

Friday 27th July

BITCOIN 1 Bitcoin = $7,884 Market Cap = $135 billion   This is Framed as a Problem But Actually is an Amazing Thing Nathaniel Popper: DCLeaks was paid for with Bitcoin. The 11 Russian intelligence agents indicted today bought Bitcoin — and mined it themselves — to pay for the infrastructure they needed to hack […]

Binance Coin (BNB) Review

Binance Coins (BNB) are the utility tokens issued by cryptocurrency exchange Binance in its July 2017 ICO. The exchange opened for trading on 14th July 2017 and immediately gained traction. Since launch, its growth has been astonishing. It is thought to be the fastest profitable unicorn (private company with $1bn+ valuation) in history, achieving a $2bn+ valuation in […]

Half-Year Report (January – June 2018)

BITCOIN 1 Bitcoin = $6,395 Market Cap = $110 billion   Shibuya Crossing: The Busiest Intersection in the World Japan’s porn conglomerate DMM is advertising their cryptocurrency exchange in neon-flooded Tokyo using a Bangladeshi-Russian-Japanese mixed model ROLA who looks like a naked android dripping in gold. Cyberpunk enough for you?! – Yuji Nakamura Monday 5th March   Bitcoin […]