These 3 metrics suggest there’s still time for another ‘DeFi Summer’
Soaring token values, a steady inflow of new users and a TVL approaching all-time highs are all signs that the DeFi sector is heating up. Go to Source Powered by WPeMatico
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Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto Market Prices Consolidate While … Read more
OpenSea collector ‘pulls the rug’ on NFTs to highlight arbitrary value
The most expensive single NFT ever sold went for $6.6 million in February. Go to Source Powered by WPeMatico
$1 Million per BTC in 10 Years: ‘In Terms of Dollars Bitcoin Is Going to Infinity,’ Says Kraken CEO
While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation per coin. “When you measure it in terms of … Read more
An Aggregated List of Cryptocurrency ‘Fair Values’ in 2021 Gives a Different Perspective
During the last decade, cryptocurrency users have leveraged a number of coin market capitalization aggregators, in order to check in on a crypto asset’s price and the project’s overall market valuation. However, there’s also a number of crypto price aggregators that follow a different method of recording market caps, in contrast to multiplying the supply … Read more
Bitcoin moves $500K around the globe every second, says Samson Mow
Samson Mow, chief strategy officer at Blockstream, says Bitcoin was never about “transactions per second and coffee,” but about value and a “new financial paradigm.” Go to Source Powered by WPeMatico
Value DeFi protocol hacker flooded with sob stories after returning $95K Dai
“These are all my savings. I hope you can return it to me.” Go to Source Powered by WPeMatico
Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K
The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently talking about collaborating with the exchange FTX. Yearn … Read more
Carl Menger: The Nature and Origin of Money
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most obvious of these opportunities. In considering the goods he … Read more
Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8% on or around May 12, 2020, as … Read more
