blockchain

“Bitcoin shortage”: PayPal bought 70% of all mined BTC last month

Crypto hedge fund Pantera Capital revealed global payments processor PayPal purchased over 70% of all Bitcoin mined in the past month, as per an investor letter published last week.
The post “Bitcoin shortage”: PayPal bought 70% of all mined BTC last month appeared first on CryptoSlate. …

blockchain

BTC/USDT trend analysis: a strong correction has occurred

TL:DR Breakdown Bitcoin (BTC) has corrected its previous rally to a low of 17,610.86 USD, taking trading volume down with it. Volatility continues to increase as traders try to agree on a price. If volatility increases further and trading volume fails to increase, expect this correction to continue. Overview (48-hour) BTC/USDT opened the period’s trading […] …

blockchain

Polkadot Aims to Become The New Home for The $14 Billion DeFi Industry

The decentralized finance (DeFi) ecosystem has seen a parabolic explosion in usage since the start of 2020. Data indicates that the total value locked in DeFi applications has just reached a new all-time high of $14.39 billion. At the start of 2020, this metric was closer to $500 million. Dune Analytics also reports that the […] …