The number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 to press time — has hit an all-time high, multiple data sources reveal. According to BitInfoCharts’ Bitcoin Rich List, as of Sept. 17, there are 157,210 addresses holding between 10 and 1,000,000 BTC. Earlier this month, Coin Metrics’ State of the Network report had plotted the latest data historically to reveal that these mega-holders are at an all-time high for the network. No. of Bitcoin wallet addresses holding >10 BTC. Source: CoinMetrics, Sept. 4, 2019 Breaking down the data Bitcoin wallet address holdings, …

Many central banks across the world are racing against each other to devalue their currencies. Crypto fund executive Travis Kling believes that Bitcoin (BTC) is a great hedge against irresponsible monetary and fiscal policies of central banks and governments. Tim Draper has said that his target price of $250,000 for Bitcoin is conservative because at that price, the leading cryptocurrency will have only about 5% market share of the currency world, which may be understating the importance and power of Bitcoin. He said that, as the adoption of Bitcoin among the masses increases, the price will skyrocket higher. In the …

The threat of an XRP fork is looming over Ripple, the San Francisco-headquartered startup behind the third-largest asset on the cryptocurrency market. Twitter user @Crypto_Bitlord, who has over 100,000 followers and claims to own XRP, is rallying XRP investors disappointed with the token’s performance to split from the original ledger due to Ripple’s alleged XRP dumping. The plan follows a moderately popular Change.org petition submitted by the same Twitter persona titled “Stop Ripple Dumping,” which has amassed more than 3,500 signatures over the last four weeks. Crypto Bitlord’s comment to Cointelegraph shows that his plan largely appears to be a …

Saturday, Sept. 14 — The top 20 cryptocurrencies are reporting mixed movements on the day while Bitcoin’s (BTC) price hovers over the $10,300 mark by press time. Market visualization courtesy of Coin360 The price of Bitcoin is currently up by 0.13% on the day, trading at around $10,313 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 0.46%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported yesterday, Bitcoin trading is opening new avenues for citizens in communist-run Cuba, which has been financially isolated for years under a United States trade embargo. …

Ripple’s Xpring and Blockchain Finance Fund have invested $1.5 million in Seattle-based crypto ATM startup Coinme. Coinme secures $1.5 million in funding On Sept. 12, Coinme, a global leader in cryptocurrency ATMs, announced that it had secured $1.5 million in funding from Ripple’s Xpring and the Blockchain Finance Fund to further develop its cryptocurrency ATM network in the United States and international markets. Coinme, in partnership with Coinstar, powers the world’s largest Bitcoin (BTC) ATM network, with over 2,600 kiosks across the U.S. Neil Bergquist, co-founder and CEO of Coinme said: “We are bolstered by this vote of confidence by …

Friday, Sept. 13 — crypto markets have continued to report mixed signals, with Bitcoin failing to hold $10,300 support on the day. The majority of the top 20 coins by market cap are seeing red this Friday the 13th, with Tezos’ (XTZ) losses reaching nearly 2.3% at press time. However, Dash (DASH) is seeing a far larger growth on the day, up nearly 7% over the past 24 hours at press time, according to Coin360. Market visualization | Source: Coin360 After surging to as high as $10,423 earlier today, Bitcoin has retreated to trade below $10,300 to date. The major …

Ripple’s CEO Brad Garlinghouse rejects accusations that his company manipulates XRP price in an interview today with CNN anchor Julia Chatterley. On Sept. 12, CNN’s Julia Chatterley started the interview with Ripple’s CEO Brad Garlinghouse by saying that CNN has been looking at ways cryptocurrencies can be a force for good, before progressing to discussion of whether Ripple is actively dumping XRP on the market, as some in the XRP community have alleged. XRP community is threatening a ‘takeover’ The First Move anchor Chatterley asked the Ripple’s CEO about the recent news that the XRP community has been threatening with …

Thursday, Sept. 12 — Cryptocurrency markets are reporting mixed signals today after Bitcoin (BTC) stuck above $10,000 as it was earlier today, according to data from Coin360. Market visualization. Source: Coin360 BTC is up 2.19% over the past 24 hours and is trading at around $10,302 at press time. The leading coin has seen slight volatility during the day, having dropped to as low as $10,056, while the intraday high was $10,393. Bitcoin seven-day price chart. Source: Coin360 As Christopher Inks of TexasWest Capital said in an interview with Cointelegraph earlier today, with many fundamental legacy market indicators flashing incoming …

The trade war between the United States and China has stoked fears of a recession. According to a survey by eToro, if a recession occurs, 40% of millennials would prefer to invest in crypto. However, Generation Z and Generation X investors are not convinced by crypto as they have chosen real estate and commodities as their preferred mode of investment. Gold Bullion International co-founder Dan Tapiero believes that Bitcoin (BTC) is “an invention.” He alluded to the decade-long record of the leading digital currency and said that if a company were to develop such a secure network framework, it would …

Preparations for the launch of Bitcoin (BTC) futures on Bakkt are on track. While market participants were excited before the launch of CME group’s futures trading at the end of 2017, the current launch is being approached with caution. Bitcoin’s volatility continues to drop, which shows that both bulls and bears are not taking large directional bets. Bitcoin’s dominance, that had risen above 71% in the past week is showing signs of cooling down. It has currently dropped below 70%. This implies that, for a few days, the action might shift to altcoins. However, this period of low volatility is …

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Ripple transfers 500 million XRP from its escrow wallet Ripple turned heads this week when data from Whale Alert suggested the fintech startup has transferred 500 million XRP tokens from its escrow wallet — funds worth $130 million. This isn’t the first time that the California-based company has executed such an enormous transaction, and some …

Cryptocurrency exchange Coinbase and Ripple, the blockchain startup behind XRP, have fallen out of the top 10 of this year’s business and employment-oriented service Linkedln’s “The 50 hottest U.S. companies to work for” list. According to LinkedIn’s new list published on Sept. 4, Ripple moved to the 28th place (was seventh in 2018) while Coinbase’s position was downgraded to 29th (was third in 2018). Stock and crypto trading startup Robinhood mostly retained its position, moving from the sixth place in 2018 to the 7th in 2019. Crypto startups are falling out On the other hand, Gemini Trust Company, the custodian …