Sign in

The announcement by Square CEO Jack Dorsey that the company is building a new business to support DeFi (decentralized finance) is not surprising. After all, Dorsey, who also founded Twitter, is a big believer and proponent of cryptocurrencies.

What was surprising is the choice to build on the Bitcoin blockchain.


“Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services,” Dorsey tweeted on June 15. “Our primary focus is #Bitcoin. Its name is TBD.”

Puell Multiple. MVRV. Miner Capitulation.

Not every trader has the time or inclination to study these and other crypto fundamentals. But for on-chain analysts, the real story of the future of digital currencies lies in the analytics. Not the headlines.

“For investors who believe in the intrinsic value of bitcoin, ether, and other cryptocurrencies, bear markets shine a spotlight on tools and metrics useful for gauging market sentiment and shaping a long-term investment strategy,” CoinDesk reported in its weekly newsletter, “Crypto Long and Short.”

Yes, the news of late has been using the term “bear market” to describe the current…

The full-page ad in The Wall Street Journal was hard to ignore with its eye-catching headline: “Bitcoin For The People.” In a few simple sentences, a team of financial services organizations including payment giant NCR announced a partnership that would soon enable consumers to access Bitcoin through their banks and credit unions.

More than 650 financial institutions, to be exact. Representing more than 24 million consumers, who will have the opportunity to access crypto trading through their banking apps. …

If you’re worried about the environmental concerns surrounding crypto, rest assured help is on the way. And it’s called Proof of Stake.

While retail investors sent the price of Bitcoin plunging on news that Tesla CEO Elon Musk would no longer accept the coin for its electric cars, savvy crypto traders hung on. Why? One reason could be that they knew the latest iteration in mining digital coins called Proof of Stake (PoS) uses less energy and was about to take hold.

But before you can understand Proof of Stake, take a look at the current model of Bitcoin mining…

So the dust appears to have settled on the latest Bitcoin dip. The candles are glowing more green than red. After the world’s first digital currency lost billions in market capitalization in May and sent altcoins down with it, are you wondering who’s buying now?

On-chain analysts at Glassnode summed it up in an early Monday morning tweet: “Short Term Holders are distributing. Long Term Holders are HODLing/Accumulating. Miners are Accumulating. The $BTC market is a battleground between the bulls and the bears.”

After plunging from an all-time high of more than $64,000, Bitcoin is now being buoyed by BTC…

Shock. If you’re new to crypto trading and bought Bitcoin in the recent mad rush to acquire the world’s first cryptocurrency, that may be what you’re feeling right now.

But if you’re a Bitcoin veteran, the massive drop in BTC’s price isn’t anything new. Because this flagship crypto coin has taken big hits before, only to rise again. That’s what BTC hodlers (holders) know about Bitcoin that newbies may not.

So what’s caused Bitcoin’s latest downturn? The mainstream media is quick to point to two major factors: a tweet from one of the coin’s major influencers, Elon Musk, followed by…

“Mementum” is growing in the crypto market for a class of coins that offer, well, nothing.

Or do they? That’s what retail traders need to know as “meme” coins break out of the digital currency world and begin to amass large market capitalizations. So, what are these “joke” coins, and should you add them to your crypto portfolio?

First, what’s a meme coin?

A meme coin is a digital currency that at first glance, offers nothing in terms of traditional value. It doesn’t provide a service or facilitate digital systems, such as some of the more popular cryptocurrencies such as…

Would you spend $50 for a gallon of gas when you can buy it for $.05? While it sounds absurd, that’s exactly what’s happening in the crypto world right now. Traders are paying crazy prices to have their crypto transactions executed. And why? It’s not just about the demand for the coins. It’s all about the blockchain. So before you make your next trade, here’s some basic blockchain information that can help you cut down on fees.

All crypto trades are conducted on a blockchain. Believe it or not, the blockchain that you choose to conduct your trades can have…

Now that the dust has settled around Bitcoin’s price, the market makers are turning their heads back to Ether (ETH). The native coin of the Ethereum blockchain network is on a tear this week, reaching an all-time high of more than $2800 on Thursday.

What’s driving the price of this alternative coin (altcoin) which is up more than 270% from the beginning of the year? …

Ouch. The pullback on Bitcoin and other cryptocurrencies stung the mainstream markets this week. But those who have survived some major crypto dips over the years are taking it all in stride.

“Supply [of bitcoin] is growing 2% a year and demand is growing faster. That’s all you really need to know, and that means it’s going higher,” said Bill Miller, chairman and CEO of Miller Value Partners in a CNBC interview this week. “It may not be a straight march to the upside, though, because with bitcoin, volatility is the price you pay for performance.”

So what exactly fueled… — crypto trading platform.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store