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The circulating supply of the Winklevoss twins’ stablecoin Gemini Dollar (GUSD) is plummeting. From a peak market capitalization of more than $100 million in December of 2018, the coin recently hit new lows of $22 million. From a rank as the 49th most capitalized cryptocurrency in December, GUSD has now dropped to 200th place in the […]

Balaji Srinivasan, the former CTO of Coinbase and general partner at Andreessen Horowitz, believes that the “blockchainification” of every major web app is the obvious investment strategy for the next 10 years. Srinivasan shared his thoughts on the future of blockchain in a lengthy Twitter thread, revealing that the decentralization of everything is “inevitable.” The […]

According to Litecoin.com, the recent onchain metrics for LTC indicate that a “potential floor of support and intrinsic user interest” in the proof-of-work-based cryptocurrency has been established. Litecoin network sees increases across key data sets The team at Litecoin.com, an online resource for the latest information for ongoing development of Litecoin, argued that several onchain […]

Justin Sun caused the value of both TRON and BitTorrent to jump on Sunday morning after announcing that he might share a “huge” announcement on Twitter in the next few days. Tron’s Justin Sun pumps TRX by announcing a possible announcement Justin Sun, the founder of Tron and one of the most vocal crypto personalities […]

Since February, bitcoin experienced four consecutive months of price increases. BTC has gone up more than 168 percent, marking a new yearly high of $8,950 today. Bitcoin Technical Analysis On the 1-month chart, a series of support and resistance levels based on historical data can be drawn. These price points have acted as barriers, preventing the price […]

Amidst hyperinflation, a leadership crisis, and international interference, Venezuela’s crisis has come to represent the failings of modern finance and highlights how cryptocurrency could reshape it. Venezuela’s economy has been in a downward spiral for years, with extremely tight capital controls dating back to the early noughties limiting citizens from acquiring foreign currency. The political […]

UPbit, the largest crypto exchange in South Korea, was the only exchange to record a profit in 2018. UPbit is operated by Dunamu, a company heavily invested in by Kakao—one of the most influential internet conglomerates in South Korea. Every other major exchange recorded a substantial net loss, primarily due to the burst of the […]

The cryptocurrency market went through a correction after a bullish momentum that took it to new yearly highs. Some altcoins have already bounced off from critical support points giving signs of a continuation of the bullish trend. Basic Attention Token After hitting a low of $0.10 on Feb. 6, Basic Attention Token has risen almost […]

The last time bitcoin broke above $8,000 was in November of 2017 (following a 26 percent pullback 16 days earlier). The break marked a pivot point for the bull market of 2017, where BTC pushed upwards another 150 percent to reach all-time highs three weeks later. Today, bitcoin is surging above $8,000 level once again, […]

The Ethereum Foundation announced the achievements made over the last year and how it plans to allocate its resources over the next 12 months. Changes from the Ethereum Foundation The Ethereum Foundation has redefined its strategy to do what is best for the ecosystem focusing on where the most value can be added and allowing […]