Analysis: Bitcoin Transactions at 10-Month High While Fees at 2-Year Low

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BTC has hit a 10-month high in transaction volume. Meanwhile, tx fees are at a multi-year low. These figures indicate that factors such as scaling improvements to the Bitcoin protocol, and the relatively modest price of bitcoin, have made transactions in the cryptocurrency extremely affordable. Growing Transactions Volume At 300,000 transactions per day, Bitcoin is…

Coinbase Makes ‘Record’ Transfers of BTC, ETH, and LTC to Cold Storage

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Coinbase, one of the most-used cryptocurrency exchanges, moved approximately $5 billion in cryptocurrency, claiming the title of “largest crypto migration on record.” The transfer included 5 percent of all BTC, 8 percent of all ETH, and 25 percent of all LTC in circulation. According to a blog post on Dec. 19th, Coinbase announced that it…

Why the World Needs Bitcoin and Crypto: Financial Services are a Basic Human Right

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Coinbase’s CEO and co-founder Brian Armstrong has a vision for how Bitcoin and other cryptocurrencies will profoundly impact society. The market was euphoric as Bitcoin and Ethereum approached $20,000 and $2,000. Speculators imagined that this would be the next “paradigm,” and if they didn’t buy-in today they would forever miss once in a lifetime 1000-fold…

Free Speech Social Network Gab Starts Accepting BTC

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Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. “Literally no one can no-platform our new crypto shop,” Gab announced. The platform integrated Btcpay Server after it was refused service by Coinbase and Bitpay. Also read: Indian…

Nasdaq Reportedly Looking into Bitcoin Futures Despite Plunging Prices

Nasdaq Reportedly Looking into Bitcoin Futures Despite Plunging Prices

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The world’s second largest stock exchange, Nasdaq, is reportedly planning to introduce a Bitcoin futures market within the first quarter of 2019. The Bitcoin market has plunged by more than 80 percent across the spot markets, data from CryptoSlate has shown, but it hasn’t deterred the world second largest stock exchange from eyeing the lucrative…