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    Five reasons why the bitcoin wealth distribution is skewed

    Five reasons why the bitcoin wealth distribution is skewed

    Shock horror: Bitcoin’s wealth distribution is outrageously uneven. The top 2.8 percent of wallet addresses control 95 percent of the supply of bitcoin, according to statistics.

    TODAY

    Аrticles

    Bitcoin Is a Geopolitical Turmoil Indicator, Says Market Researcher

    Bitcoin Is a Geopolitical Turmoil Indicator, Says Market Researcher

    Co-founder of market research firm DataTrek Research Nicholas Colas says that Bitcoin (BTC) is a geopolitical turmoil indicator.

    16 AUGUST 2019

    News

    2% of Bitcoin Addresses Control 80% of Wealth: Research

    2% of Bitcoin Addresses Control 80% of Wealth: Research

    Over the past years, many bodies have published data on massive wealth concentration in an otherwise decentralized Bitcoin network. Some of these reports have identified that less than five percent of all bitcoins addresses hold about 95 percent of all bitcoins. Research published in 2017 by How Much showed that 1 percent of those addresses had control over half of the bitcoin market.

    15 AUGUST 2019

    News

    Bitcoin’s ‘Kimchi Premium’ Vanishes Again as Trading Range Tightens

    Bitcoin’s ‘Kimchi Premium’ Vanishes Again as Trading Range Tightens

    The spread between the price of bitcoin on South Korean and U.S.-based crypto exchanges, which returned in June and hit 16-month highs, has disappeared once again.

    14 AUGUST 2019

    News

    SEC again delayed decisions on three bitcoin ETFs, setting new deadlines in September and October

    SEC again delayed decisions on three bitcoin ETFs, setting new deadlines in September and October

    The Securities and Exchange Commission (SEC) again postponed decisions on three bitcoin exchange-traded fund (ETF) proposals, according to several documents released by the regulatory agency on Monday.

    13 AUGUST 2019

    News



    Bitcoin Premium Develops in Argentina Amid Financial Crisis

    Bitcoin Premium Develops in Argentina Amid Financial Crisis

    On Argentina’s self-proclaimed oldest crypto exchange, one bitcoin is at 526,413.15 Argentine Pesos (ARS), worth about $11,600. That’s while bitcoin’s price on Coinbase at the time of writing stands at about $11,300.

    12 AUGUST 2019

    News

    Bitcoin’s Scarcity: Can It Eventually Catch Up With Gold And Silver?

    Bitcoin’s Scarcity: Can It Eventually Catch Up With Gold And Silver?

    Bitcoin’s scarcity is one of its main characteristics. Moreover, industry experts and analysts consider that it’s among its strongest benefits. Some even consider that it will eventually allow Bitcoin to line up with other traditional scarce assets such as gold and silver.

    12 AUGUST 2019

    News

    Billionaire Mark Cuban: ‘I See Gold and Bitcoin as Being the Same Thing’

    Billionaire Mark Cuban: ‘I See Gold and Bitcoin as Being the Same Thing’

    Mark Cuban, owner of the Dallas Mavericks professional basketball team, has said that he hates gold as an investment, and views Bitcoin (BTC) as fundamentally similar to gold.

    11 AUGUST 2019

    News

    Billionaire Mark Cuban: ‘I See Gold and Bitcoin as Being the Same Thing’

    Billionaire Mark Cuban: ‘I See Gold and Bitcoin as Being the Same Thing’

    Mark Cuban, owner of the Dallas Mavericks professional basketball team, has said that he hates gold as an investment, and views Bitcoin (BTC) as fundamentally similar to gold.

    10 AUGUST 2019

    News

    40,000 Bitcoin will flood markets when India bans crypto – Zebpay CEO

    40,000 Bitcoin will flood markets when India bans crypto – Zebpay CEO

    The head of Zebpay – formerly India’s largest exchange – estimates 40,000 BTC will flood markets if India bans crypto outright.

    9 AUGUST 2019

    News

    Max Keiser: Buffet’s Right, Bitcoin is Rat Poison and He’s the Rat

    Max Keiser: Buffet’s Right, Bitcoin is Rat Poison and He’s the Rat

    As part of a typically-impassioned media appearance, RT’s Max Keiser has once again claimed that Bitcoin will outperform every other asset on the planet in the relatively short term. The presenter and perma-bull believes that institutions wanting to get into the industry will drive the price skywards as they accumulate the necessary inventory to offer futures and other financial products surrounding the emerging asset class.

    8 AUGUST 2019

    News

    The ‘Vault’ Is Back: Coder Revives Plan to Shield Bitcoin Wallets from Theft

    The ‘Vault’ Is Back: Coder Revives Plan to Shield Bitcoin Wallets from Theft

    What if there were a mechanism that placed a time delay whenever someone spent bitcoin? The idea has been around for a few years now, and for good reason, it’s believed it could make it much harder for bad actors to steal funds from bitcoin users.

    7 AUGUST 2019

    News

    Bitmex Shed $524 Million In ‘Worst Month’ July

    Bitmex Shed $524 Million In ‘Worst Month’ July

    Bitcoin derivatives giant BitMEX continues to feel the pressure this week as data shows July delivered its worst performance in history.

    6 AUGUST 2019

    News

    Crypto rally sparked by investors seeking hedge against rising global risks, says bitcoin bull Tom Lee

    Crypto rally sparked by investors seeking hedge against rising global risks, says bitcoin bull Tom Lee

    Bitcoin bull Tom Lee told CNBC on Monday that cryptocurrency is a hedge against global risks, amid the U.S.-China trade conflict and currency war.

    6 AUGUST 2019

    News

    Binance CEO Changpeng Zhao: Trump will buy Bitcoin

    Binance CEO Changpeng Zhao: Trump will buy Bitcoin

    Binance CEO Changpeng Zhao believes Donald Trump will buy Bitcoin—despite the President’s outspoken dislike of the decentralized currency.

    5 AUGUST 2019

    News

    Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online

    Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online

    The total computing power now dedicated to securing the bitcoin blockchain has set yet another record.

    5 AUGUST 2019

    News

    MIT’s AI Lab Analyzed 200,000 Bitcoin Transactions. Only 2% Were ‘Illicit’

    MIT’s AI Lab Analyzed 200,000 Bitcoin Transactions. Only 2% Were ‘Illicit’

    Blockchain analytics firm Elliptic collaborated with researchers from the Massachusetts Institute of Technology (MIT) to publish a public dataset of bitcoin transactions associated with illicit activity.

    3 AUGUST 2019

    News

    85% of All Bitcoin Have Been Mined: Does Scarcity Create Value?

    85% of All Bitcoin Have Been Mined: Does Scarcity Create Value?

    Despite the fact that Bitcoin is 50% down from its all-time high of $20,000, the project has continued to set milestones.

    2 AUGUST 2019

    News

    Bitcoin Passes New Milestone as Network Mines 85% of Its Total Supply

    Bitcoin Passes New Milestone as Network Mines 85% of Its Total Supply

    Bitcoin (BTC) now has 85% of its supply in circulation as of August 1, leaving just 3.15 million new coins for the next 120 years.

    1 AUGUST 2019

    News

    SegWit adoption at an all-time high for bitcoin network

    SegWit adoption at an all-time high for bitcoin network

    The percentage of bitcoin transactions using Segregated Witness (SegWit)—which make bitcoin transactions faster and cheaper—hit an all-time high of 49 percent this week. This is a good sign for fans of making bitcoin friendlier–and cheaper–to use.

    30 JULY 2019

    News

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