Abhi K | Publish0x

Abhi K

Technophile, cryptocurrency enthusiast and journalist.

Joined June 2019 1040 Followers

Abhi K

CME's Bitcoin Options Open Interest Increases 10 fold in a month

16 Jun 2020 1 minute read comments Abhi K

The Chicago Mercantile Exchange’s (CME) Bitcoin (BTC) Options market has experienced a 10 fold increase in Open Interest (OI) in a month, growing from $35 million on May 11 to $373 million on June 10. Represented in yellow, CME options OI has experi...

EOS Sees Core Developers Moving Away From the Protocol

16 Jun 2020 1 minute read comments Abhi K

Research published by venture firm Outlier Ventures on June 11 indicates that the EOS (EOS) network is experiencing a high level of attrition, as several core developers have moved on from the project while also facing a significant drop in developer...

Bitcoin Bounces Back to $9.5K Amid New FED Announcement

16 Jun 2020 1 minute read comments Abhi K

Bitcoin (BTC) has rallied back to $9500 levels following a Federal Reserve announcement on June 15 that it would buy up to $250 billion in individual corporate bonds.  Source Bitcoin, which had dropped to ~$8900 less than 24 hours ago, appeared to r...

Ethereum Mining Revenue Shortly Jumped by 46%

16 Jun 2020 1 minute read comments Abhi K

Data published by analytics company glassnode on June 15 shows that Ethereum mining revenue has jumped by 46% over the past 24 hours.  This increase is considered to be temporary, a consequence of a $2.7 million transaction fee involving 350 Ether (...

Newly Released $COMP Trades at ~$1B Market Cap Valuation

16 Jun 2020 1 minute read comments Abhi K

Lending platform Compound has launched its new token $COMP, following through with a governance proposal that was passed on June 10. At the time of publishing, the token is currently trading at a value of $95.23 with volumes over the past 24 hours ex...

JP Morgan: Bitcoin Could Continue as a Speculative Asset

15 Jun 2020 1 minute read comments Abhi K

JP Morgan Chase analysts have told clients in a note delivered on June 11 that they see Bitcoin (BTC) continuing its existence as an asset, albeit a speculative one. Obtained by CoinDesk, the note makes some interesting conclusions by the analysts, w...

Crypto Platform Compound Releases Its Own Token

15 Jun 2020 1 minute read comments Abhi K

Crypto lending platform Compound has approved a proposal that will see all users of the platform receive a new token called COMP from June 15, as revealed by a tweet from the startup on June 10. It recently completed a testnet run of the COMP token....

Ripple Targets Brazil As Its Next XRP Payments Corridor

15 Jun 2020 1 minute read comments Abhi K

Ripple (XRP) is expanding its operations in Latin America, after the project’s Head of Global Banking Marjan Delatinne in an interview on June 8 said that the project would build a new payments corridor in Brazil. Delatinne begins speaking about the...

Crypto.com Gets Its Twitter Emoji For Over $1M

15 Jun 2020 1 minute read comments Abhi K

Crypto.com (CRO) has become the second token to receive an emoji on Twitter, after users began noticing the project’s logo accompanying the #CRO hashtag as an emoji. This makes CRO the second asset to have an emoji, following Bitcoin, which received...

New Documents by Craig Wright's Lawyers Mention Address Involved in Mt. Gox Theft

15 Jun 2020 1 minute read comments Abhi K

Yet another twist has formed in the Craig Wright case, with new information made public on June 12 seemingly indicating that Wright’s lawyers have admitted to owning an address that was involved in a Mt.Gox theft of 80,000 Bitcoin (BTC). Riccardo Spa...