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 […]

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   […]

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 […]

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 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 […]

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 […]

BITCOIN 1 Bitcoin = $6,405 Market Cap = $110 billion   Recency Bias One year ago today, one bitcoin was worth ~$2700. If I had told you then that in 1 year one bitcoin would be worth $6000 you’d be psyched. If I told you one bitcoin would be worth $6000 and people would be […]

BITCOIN 1 Bitcoin = $6,553 Market Cap = $112 billion   The Bottom Pierre Rochard: I don’t think this is a bottom indicator but we’re getting there, nocoiners are gloating almost as much as we were in Nov/Dec. I’m waiting for an epic ragequit from a prominent bitcoiner to call the bottom. Tone Vays: I […]

BITCOIN 1 Bitcoin = $7,650 Market Cap = $131 billion   Central Bank Monetary Policy IMF hinting at the possibility that bitcoin could take over central bank currencies as a unit of account: Monetary Policy in the Digital Age Slowly, but surely, Bitcoin creeps further and further into the psyche of those “in charge”. – Marty […]

BITCOIN 1 Bitcoin = $7,549 Market Cap = $129 billion   The Prisoner’s Dilemma With every increase in Bitcoin’s global liquidity, the prisoner’s dilemma between governments becomes increasingly pressing. Which government will defect first and announce that they are HODLing? – Pierre Rochard   Argentina Crisis Armin van Bitcoin: The cover of the biggest newspaper […]