Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity

Visual Interpretation of Bitcoin's Supply Shows the Digital Asset's Unique ScarcityThe Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins in existence. Elements that affect bitcoin distribution include […]

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Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin

Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for BitcoinOn Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset. The graphics software firm Snappa based in Ottawa has joined the trend of companies converting cash […]

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Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to Halving

Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to HalvingThe total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at the moment. However, there are those that think that the cryptocurrency is a better store of value for our age than the precious metal. The latest take on the idea explains how the […]

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The Bitcoin Cash Chain Has Less Than Two Years Until the Reward Halving

The Bitcoin Cash Chain Has Less Than Two Years Until the Reward HalvingThe Bitcoin Cash (BCH) blockchain is now less than two years away from its next block reward halving. Current statistics show the BCH chain will halve its reward from 12.5 BCH to 6.25 BCH on or around April 6, 2020, and with more than 80 percent of BCH now in circulation, when the next halving […]

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80% of the 21 Million Bitcoins Have Been Mined Into Existence

80% of the 21 Million Bitcoins Have Been Mined Into ExistenceThis week cryptocurrency miners had processed the 17 million coins across both Bitcoin (BCH) and Bitcoin Core (BTC) networks, marking a great milestone within the history of blockchain technology. Now there are only 4Mn BCH and BTC left to mine but it’s still a very long time away until the very last coins are mined. […]

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Not Dead: There’s Good Reason to Be Long on Bitcoin

Not Dead: There’s Good Reason to be Long on BitcoinWith western Christianity set to celebrate the basis of its theology this weekend, bitcoiners the world over might be showing up to churches in droves, hoping one resurrection might lead to another. The ecosystem’s main prophet, Tom Lee of Fundstrat Global Advisors, has outlined four reasons why enthusiasts ought to be bullish on the future: […]

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Crypto Collectibles Are Worthless Without a Website

Crypto Collectibles Are Worthless Without a WebsiteCrypto collectibles are big business right now. Crypto Kitties just raised $12.5 million in venture capital, and lookalike sites are springing up everywhere trying to cash in on the craze for non-fungible digital assets. For all their innovation, these ‘decentralized’ projects have an achilles heel: without a website, the digital assets are worthless, as the […]

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People Are Paying Thousands of Dollars for Crypto Celebrities on the Blockchain

People Are Paying Thousands of Dollars for Crypto Celebrities on the BlockchainAnything can be placed on the blockchain with a little ingenuity – even Hollywood celebrities. Cryptocelebrities is this week’s Cryptokitties, a smart contract-based trading game which profits from digital scarcity. Only one copy of each celebrity is released, compelling traders to spend thousands of dollars to snap up ‘celebs’ like Satoshi Nakamoto and Emma Watson. […]

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BTCC Founder Positive the PBOC Will Remove China’s Exchange Ban

BTCC Founder Positive the PBOC Will Remove China's Exchange BanThis week the founder and CEO of the trading platform BTCC, Bobby Lee, was featured on the broadcast ‘Squawk Box’ and spoke about last year’s banning of Chinese bitcoin exchanges. Lee believes that it’s “only a matter of time” until the central bank will allow cryptocurrency exchanges to open up shop again. Also Read: These Dutch […]

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