Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs.
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Bitcoin’s ‘real’ volume doubles previous all-time high
Weekly BTC trade volume has surged to dwarf the previous record by 100% amid Bitcoin’s dramatic run up to $40,000.
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The Bitcoin price has only been higher than now for 12 days in its history
Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320.
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Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top ten crypto coins. USDC is also the […]
The post Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B appeared first on Bitcoin News.
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Aggregators Now Drive 20% of Ethereum DEX Volume
Messari estimates that 20% of Ethereum-based DEX volume is driven by DeFi aggregators.
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Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows that tether’s daily transaction value is set to eclipse bitcoin’s […]
The post Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value appeared first on Bitcoin News.
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Messari: 1% Allocation From Institutions Could Drive BTC to $50,000
Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC.
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Ethereum’s Value Transfer Is Now Dominated by Stablecoins
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai. Also […]
The post Ethereum’s Value Transfer Is Now Dominated by Stablecoins appeared first on Bitcoin News.
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Crypto Experts Give Their Top Predictions for 2020
In an industry built around digital scarcity, opinions are in plentiful supply. Everyone’s got one, and they’d love to share it with the rest of the cryptosphere. As the decade draws to a close and another prepares to launch, it’s the perfect time to consider what 2020 has in store. Here’s what thought leaders, professionals, […]
The post Crypto Experts Give Their Top Predictions for 2020 appeared first on Bitcoin News.
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Uncork Capital, Coinbase VC Arm, Others Invest $4 M in Crypto Analytics Firm Messari
Messari closes a $4 million funding round led by Uncork Capital, with the participation of other top investors such as Coinbase Ventures
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