Cole Petersen Oct 29, 2020 23:00 . Bitcoin Binance Funding Remains Negative, Providing Rocket Fuel for Bitcoin. Cole ... The sharp rise in the US Dollar’s value that took place yesterday may have been what sparked this movement; Despite it now consolidating at just above $13,000 as bulls and bears reach an impasse, one analyst is pointing to an interesting trend in Binance that is ... Changpeng Zhao, the widely-respected founder and chief executive of the world's biggest bitcoin and cryptocurrency exchange Binance, has broken his rule against market forecasting... According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Before we get started if you're not sure what bitcoin is, check out Binance Academy's guide "What Is Bitcoin?" One of the most anticipated developments in the cryptocurrency space for 2020 is bitcoin halving. This event, expected to occur in May 2020, will result in the 50% reduction of the block subsidy being given to Bitcoin miners. At face value, bitcoin halving seems like bad news for ... Data from DeFi Pulse shows the total value locked is currently at $11 billion, a slight drop from the all-time high at $12.4 billion. As the hype around DeFi recedes, Bitcoin is once again in the spotlight. All eyes are set on Bitcoin as it continues to trek to a new 2020 high. Bitcoin’s Correlation With Altcoins Weakened Bitcoin, Ether, and XRP Weekly Market Update October 12, 2020 Reading Time: 4 minutes by Georgi Hristov on October 12, 2020 Price Analysis , Price pages The total crypto market cap added $20.6 billion to its value for the last seven days and now stands at $ 360 billion. Bitcoin fanatics like to say Bitcoin is the “hardest money”. Other cryptocurrency communities think Bitcoin might be “too hard” for its own good. Having a low and known inflation rate is certainly good. But having it exactly zero, might de-incentivize miners and cause trouble down the line. Even gold, the oldest and possibly best money humans ever had has some limited natural inflation ... Although Bitcoin dominance is an interesting statistic to look at, one should keep in mind that it does not reflect its real value (especially because of forked and premined coins, which impact the total market cap in a very unnatural way). Also worth noting, that market cap does not mean an influx of money. It is just a measurement based on the circulating supply and current market price. Since then, Bitcoin surged and hit a $13,000 value threshold. Still, Binance can take solace in the fact that it has managed to break the Bitcoin futures duopoly that was held by OKEx and BitMEX.
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