A review published by the analytics firm Messari.io showed that Tether's daily transaction value is set to pass Bitcoin's daily transaction value in the near future.
The current market capitalization of Tether sits at roughly $10 billion, but is growing with demand for USDT, leading the stablecoin to utilize other chains beyond Ethereum.
Researchers from Whale Alert published a report about the fortune allegedly owned by Satoshi Nakamoto, claiming he would be in possession of at least $10.5 billion worth of BTC in today's market.
They stated the purpose of Satoshi’s mining patterns was to defend the young network from attacks and the earned coins were “a mere byproduct of these efforts” assuming it unlikely that the coins will ever be spent.
Mastercard has granted Wirex principal membership status, becoming the first cryptocurrency organization allowed to issue cards directly to consumers.
Wirex’s crypto debit card had previously been issued through the German fintech company Wirecard, but services of the company had been interrupted following a $2.1 billion missing cash scandal, leading them to seek alternatives.
Grayscale Investments announced that Bitcoin Cash Trust and Litecoin Trust will be quoted on OTC Markets under the symbols BCHG and LTCN respectively, becoming the first publicly-quoted securities in the U.S. deriving value from Bitcoin Cash and Litecoin.
The trusts have offered a private placement to accredited investors since March 2018, and currently have assets under management of $4.1 billion.
Stemming from a multi-year scaling debate over Bitcoin's 1MB block size, in August 2017 Bitcoin Cash was released and currently boasts a 32MB block size in order to process more transactions on the network.
Some improvements that have taken place over 3 years have included:
Re-enabled Satoshi Opcodes - to enable smart contract compilers
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