CoinDesk’s Q2 ‘State of Blockchain’ Report Shows Project Funding Holds Strong as Markets Remain Flat

  Bitcoin on-chain transactions have fallen 28 percent following the Lightning Nework’s beta launch in late Q1   New York, NY — CoinDesk, the world’s leading digital media company focused on crypto assets and blockchain, today released its Q2 2018 State of Blockchain Report, widely considered the leading authority on blockchain trends research and analysis since its inception in 2014. The quarterly report covers market interest in public blockchains with a snapshot of the ten largest cryptocurrencies compared to Bitcoin at the end of each quarter.   The Q2 2018…

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Tether and Bitcoin price inflation linked to possible manipulation

Following the University of Texas report published yesterday on the possibility of Tether and Bitcoin’s manipulated price inflation through Hong Kong-based exchange, Bitfinex, Director of Research at CoinDesk, Nolan Bauerle responded.      “Bitcoin is a super volatile asset driven by a global retail investment crowd. Everyone who watches this crowd knows they use Tether to take a ‘dollar’ position when bitcoin dips. They reenter the bitcoin market when they feel the price is at a floor with the goal to have more bitcoin than at the start of the…

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