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In Case of a Second Economic Crisis, Bitcoin Probably Won’t Save You | Crypto Briefing

August 3, 202011 months ago CoinCap 0 Comments Analysis, Bitcoin, Cardano, Chainlink, Crypto, Cryptocurrency, DeFi, Lend, Tezos, Tron, VEChain

Key Takeaways

Bitcoin failed to perform well as a hedge during the crash in March 2020.
Stablecoins and DeFi are expanding and may become a better proxy for attracting new users to the blockchain space.
While printing USD in March 2020 was dictated by the global market’s demand, data suggests that printing stablecoins was not.

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‘My heart is crypto’ — Dave Portnoy says he’s back into Bitcoin trading

September 10, 202010 months ago CoinCap 0

Dave Portnoy, the founder of Barstool Sports, is coming back to Bitcoin (BTC) after abruptly abandoning trading digital currencies when his Chainlink (LINK) investment went belly up. In a recent video, Portnoy said his “heart is crypto” and would make a return to the cryptocurrency market soon.

A Small Group of Investors Spent $24.5 Billion on Bitcoin in the Last Few Months – Decrypt

April 24, 20212 months ago CoinCap 0

More than 1,000 wealthy investors have accumulated large sums of Bitcoin over the last three months, wrote Chainalysis chief economist Philip Gradwell yesterday in his weekly market intelligence report.

VC: Chainlink’s and Band’s 20% price jump bodes well for DeFi bull run | CryptoSlate

August 24, 202010 months ago CoinCap 0

Like the rest of the crypto market, coins pertaining to the decentralized finance space have faced a strong pullback over the past few days. Take Maker (MKR), for instance. CryptoSlate data indicates that the leading Ethereum-based coin has shed 9.5 percent in the past 24 hours.