Beware: Bullish Bitcoin Case Could Be Due To CFTC Scramble

2020-10-6 18:00

A new narrative has suddenly spread across the crypto market potentially presenting a bullish case behind Bitcoin’s recent resiliency. The reason? A possible retail buying frenzy in China spurred by the Chinese government themselves.

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Bitcoin (BTC) на Currencies.ru

$ 66548.74 (-0.35%)
Объем 24H $17.053b
Изменеия 24h: -0.39 %, 7d: 8.48 %
Cегодня L: $66548.74 - H: $67668.16
Капитализация $1311.04b Rank 1
Цена в час новости $ 10725.29 (520.48%)

bitcoin case bullish reason retail possible recent

bitcoin case → Результатов: 126


Bitcoin’s (BTC) price clocked a two-month high of $7,820 today and looks set to extend gains further, a key cryptomarket gauge indicates. CoinMarketCap’s bitcoin dominance rate, an indicator that tracks the percent of the total cryptocurrency market

To start with, a rise in the BTC dominance rate essentially means the number one cryptocurrency is more in demand compared to the alternative cryptocurrencies. The above chart shows: The BTC dominance rate has increased from 40.

2018-7-23 18:29


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


What Is BTCPay?

Bitcoin payment processors come in many different shapes and sizes. In every single case, users rely on centralized parties to take care of most of the legwork. BTCPay Server is an interesting solution in this regard, as it provides self-hosted payment processing through the BitPay API. The Concept of BTCPay Competition in the world of […]

2018-7-20 18:00