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What A Bitcoin ETF Could Do to Its Price Following Gold’s Historical Moonshot ⋆ ZyCrypto

Emma PadillaEmma Padilla June 6, 2020 No Comments

Advertisement &nbsp &nbsp The price of Bitcoin will improve significantly if a BTC ETF is approved. This is the position of a cryptocurrency analyst, PlanB. In a Twitter post,…

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Despite Decentralization Ambitions, DeFi is Still Dominated by Super Rich Tokenholders

Emie KohlerEmie Kohler June 5, 2020 No Comments

Decentralized finance doesn’t seem so decentralized after all, especially when looking at token concentration. Key Takeaways 90% of the supply for most DeFi tokens is held in less than 10%…

Blockchain

Bitcoin’s Daily Active Addresses Continues to Grow; Is this a Clear Bullish Indicator? ⋆ ZyCrypto

Emma PadillaEmma Padilla June 5, 2020 No Comments

Advertisement &nbsp &nbsp Bitcoin continues trading around $9,700-9,800 after a massive surge to $10,350 and a subsequent drop to $9,300. It seems that the last rejection from $10,000 was…

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Crypto Investment Giant Captures Insane Market Demand With Another Week Of Massive Bitcoin Accumulation ⋆ ZyCrypto

Emma PadillaEmma Padilla June 5, 2020 No Comments

Advertisement &nbsp &nbsp Despite Bitcoin’s struggling price movement since the year began and even after the halving events, new reports have continued to prove that Cryptocurrency investors, precisely Bitcoin…

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Bitcoin Can Be A Store Of Value But Can’t Be A Replacement For Current System: Mark Cuban ⋆ ZyCrypto

Emma PadillaEmma Padilla June 5, 2020 No Comments

Advertisement &nbsp &nbsp Dallas Mavericks owner Mark Cuban has acknowledged that bitcoin can indeed be a reliable store of value in a recent Twitter debate. Cuban, however, isn’t convinced…

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Michael Novogratz bets on Bitcoin’s next move with BitMEX CEO Arthur Hayes ⋆ ZyCrypto

Emma PadillaEmma Padilla June 5, 2020 No Comments

Advertisement &nbsp &nbsp Following the flash crash that Bitcoin experienced on 2 June after going to $10,000, the crypto community has been left pondering on its next move. BitMEX…

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Ethereum’s DeFi Back at $1 Billion, Maker Leads the Charge

Emie KohlerEmie Kohler June 5, 2020 No Comments

Ethereum’s DeFi is once again at $1 billion of value locked with MakerDAO accounting for over half of this amount. Other notable growth from Aave and Set Protocol continue to…

Blockchain

Bitcoin Appears Strikingly Bullish, But How Close to Reality is the $300k Price Level? ⋆ ZyCrypto

Emma PadillaEmma Padilla June 5, 2020 No Comments

Advertisement &nbsp &nbsp Adam Back, a cryptographer, and CEO of Blockstream, the company specializing in blockchain-based infrastructure, is a supporter of the proof-of-work system on which Bitcoin continues living…

Blockchain

As Bitcoin Nears $10k, Whales Look to be Loading Up for Another ‘Pump and Dump’ ⋆ ZyCrypto

Emma PadillaEmma Padilla June 5, 2020 No Comments

Advertisement &nbsp &nbsp About an hour ago, a bitcoin whale bought $20 million worth of BTC on OKEx. This is one of the largest single buy transactions recorded in…

Blockchain

Bloomberg Analysts Reveal Why Bitcoin Is Likely to Retest Highs of $20k This Year ⋆ ZyCrypto

Emma PadillaEmma Padilla June 4, 2020 No Comments

Advertisement &nbsp &nbsp According to Bloomberg analysts, the price of Bitcoin will increase this year as it has experienced the lowest relative volatility. The price appreciation is firming on…

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