Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade
Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decadeThe global crypto market cap is $2.81 trillion with a 24-hour volume of $96.38 billion. The price of Bitcoin is $64,119.83 and the BTC dominance is at 43.0%.
by Oluwapelumi Adejumo Inflation in the United States within the last decade has risen by close to 30% whereas Bitcoin has seen its value deflated by 99.996% within the same period.
More news ⏬Here’s why the SEC rejected the much anticipated VanEck Bitcoin spot ETFDespite approving a number of Bitcoin futures application last month, the SEC has rejected VanEck’s latest application for a Bitcoin spot ETF. Less than 20% of Compound’s liquidity miners hold any COMP tokens at allThe latest Compound research shines a light on the problem of liquidity mining. Over 70% of Shiba Inu (SHIB) holders are in profitDespite its historic volatility, Shiba Inu remains a very profitable investment vehicle for crypto investors as over 70% of them are in profit. These are the six companies that bought almost $100 Billion USDT from TetherA new report shines a light on Tether's biggest buyers. 6 sources of renewable energy that will power the future of Bitcoin miningYes, Bitcoin mining does consume a lot of energy — about 110 terawatt hours per year, the energy equivalent of a small country. Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” statusThe latest report from DappRadar showed that game dApps have become the lifeline of the blockchain industry. Data shows how Aave overtook Compound in DeFi lendingDespite its platform being launched in just 2020, Aave (AAVE) outgrew its established competitor Compound (COMP) and multiplied its market cap eightfold within half a year. Four Bored Ape Yacht Club NFTs form Gorillaz-like music groupFour bored Apes form a band called KINGSHIP to change the face of the music industry. Discord cancels its Ethereum plans days after ETH teaseWhile Discord appears to be backtracking on its plan to integrate crypto features, other social media platforms like Twitter and Reddit appears to have embraced it. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
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Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status
Saturday, November 13, 2021
The global crypto market cap is $2.84 trillion with a 24-hour volume of $104.16 billion. The price of Bitcoin is $64705.53 and the BTC dominance is at 43.1%.
Ethereum’s Arrow Glacier upgrade delays Difficulty Bomb until June 2022
Friday, November 12, 2021
The global crypto market cap is $2.75 trillion with a 24-hour volume of $125.47 billion. The price of Bitcoin is $63194.15 and the BTC dominance is at 43.2%.
Hedera Network will soon see its first DeFi project
Thursday, November 11, 2021
The global crypto market cap is $2.84 trillion with a 24-hour volume of $167.88 billion. The price of Bitcoin is $64840.37 and the BTC dominance is at 43.0%.
Here is how you can track DeFi protocols and NFT launches on Solana
Wednesday, November 10, 2021
The global crypto market cap is $2.97 trillion with a 24-hour volume of $138.55 billion. The price of Bitcoin is $68492.11 and the BTC dominance is at 43.5%.
Bitcoin sets new all-time high above $68,000
Tuesday, November 9, 2021
The global crypto market cap is $2.9 trillion with a 24-hour volume of $140.33 billion. The price of Bitcoin is $66712.49 and the BTC dominance is at 43.4%.
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