$79,314.00
0.67%$1,553.22
-0.81%$3.63
1.15%$1.93
2.52%$562.17
1.13%$0.999942
-0.01%$109.20
2.06%$0.152633
3.21%$0.235218
3.36%$0.604261
5.39%$1,556.02
-0.25%$79,312.00
0.79%$8.97
-0.37%$0.999905
-0.09%$3.10
2.19%$11.63
2.68%$0.235119
2.39%$17.42
6.15%$0.162709
12.68%$1,867.13
0.18%$0.0000113
-0.41%$2.04
2.11%$6.24
-1.20%$281.88
3.30%$72.01
1.92%$1.003
0.14%$0.999614
0.05%$4.14
0.79%$1,562.39
0.13%$27.80
-0.63%$0.57866
-2.32%$11.86
11.90%$204.45
4.66%$1,658.98
-0.21%$52.73
3.58%$5.15
0.78%$1.046
0.04%$4.65
7.12%$21.56
2.41%$0.00000623
-2.58%$79,160.00
0.36%$2.08
-1.82%$0.761217
0.11%$29.89
-0.51%$0.692046
0.17%$0.084473
2.65%$4.72
2.42%$14.52
1.00%$1.16
-0.06%$132.75
2.26%$1.00
0.00%$0.998509
0.15%$4.34
-1.59%$209.45
6.80%$0.02087697
4.98%$4.03
-0.06%$79,195.00
0.96%$0.301017
2.63%$0.063776
0.08%$3.10
8.19%$7.88
0.18%$0.177664
4.15%$2.34
-1.28%$2.48
0.53%$0.169553
1.54%$0.428542
-0.85%$79,244.00
0.97%$0.274868
0.59%$9.48
11.34%$0.718071
-3.59%$4.20
-1.42%$1,262.51
5.11%$0.067277
6.98%$0.396482
2.57%$0.60794
-0.56%$1.002
0.02%$0.983837
2.37%$0.343408
1.30%$1,552.27
-0.88%$114.51
3.77%$62.88
-3.26%$15.94
3.43%$1,620.11
-0.08%$0.566206
5.74%$1.002
0.10%$0.648567
-0.44%$0.999673
-0.03%$0.326994
1.25%$0.999804
-0.02%$0.0000102
0.61%$0.998566
0.05%$1,758.75
0.07%$3,021.81
-0.05%$0.01176185
-0.00%$0.15124
2.82%$0.725724
2.30%$0.075523
1.95%$7.31
2.15%$0.395549
0.24%$78,854.00
0.98%$3,030.64
0.25%$562.22
1.37%$79,249.00
0.65%$0.480002
4.44%$0.999241
-0.06%$0.600105
2.31%$1,646.34
-0.70%$0.01355036
0.81%$0.242196
0.93%$0.658289
-6.40%$0.09981
2.45%$0.00000059
3.49%$0.153825
3.04%$0.569482
12.01%$35.06
12.90%$0.437076
-3.52%$27.09
-0.03%$0.01103147
15.80%$0.999348
-0.03%$1.67
6.90%$0.330517
0.37%$1.76
5.19%$139.79
1.80%$1.81
-1.72%$0.071703
0.85%$0.998131
0.11%$3.05
8.05%$0.00004992
-1.31%$1,623.48
-0.15%$2.67
2.99%$1.64
2.69%$0.477605
12.91%$0.999996
0.06%$0.999988
0.02%$78,050.00
0.33%$118.92
2.47%$13.33
1.77%$0.409034
-2.97%$0.120923
0.08%$1.00
-0.28%$1.089
1.50%$3.90
-12.81%$0.999651
-0.01%$0.00454348
3.16%$0.539863
-0.97%$0.00000041
1.93%$1.082
0.00%$110.60
0.02%$1.002
-1.08%$0.15412
-1.10%$0.213978
0.00%$79,070.00
0.48%$0.427853
-15.61%$78,750.00
-0.12%$0.152528
3.55%$23.31
-0.11%$2.35
-3.96%$1.069
3.25%$13.23
0.23%$1,649.18
-0.21%$0.00656667
-2.27%$80,487.00
1.49%$0.125894
1.50%$5.15
7.81%$0.0381082
-2.15%$0.00001777
1.64%$79,186.00
0.84%$0.999409
-0.03%$0.996668
-0.28%$0.558795
-0.48%$38.69
-3.65%$0.068381
-3.12%$0.340492
-1.31%$0.168357
13.55%$1,551.68
-0.63%$1,554.35
-0.30%$5.10
-1.12%$1,550.29
-0.78%$1.00
-0.01%$0.071047
-5.89%$0.00000158
-0.76%$0.399556
1.13%$0.766265
2.79%$0.00606526
1.66%$1,623.37
-1.07%$3.95
-11.86%$0.177397
4.27%$0.471631
-1.30%$1,561.61
0.06%$0.321762
6.88%$0.00005573
-0.59%$0.03058094
2.82%$0.00907532
2.91%$0.999488
0.03%$1.42
-8.37%$0.999561
-0.05%$0.00334092
0.96%$1,577.57
-1.27%$0.338045
6.40%$2.42
-8.17%$99.98
0.46%$0.026124
-2.15%$0.00404652
-3.17%$79,203.00
0.93%$3,011.17
0.03%$2.63
0.43%$0.120264
-1.86%$0.202647
-0.55%$1,527.03
-0.65%$19.90
1.26%$1,550.79
-0.62%$1.013
5.21%$0.97427
2.53%$0.999914
-0.02%$78,638.00
0.19%$0.419744
1.23%$0.202098
0.78%$0.471185
-0.23%$0.526339
1.68%$20.92
0.26%$0.2269
1.98%$0.163263
0.13%$0.931467
7.45%$1,639.01
-0.32%$0.9984
-0.01%$0.02745618
0.16%$1,589.93
0.60%$1,699.17
-0.74%$0.506694
2.81%$0.03050698
2.71%$12.85
0.57%$0.091303
0.91%$17.38
6.50%$1,685.35
-0.71%$0.00271112
12.00%$0.599179
-1.77%$0.9995
0.08%$0.999963
-0.02%$2.54
-3.02%$0.01009047
-1.55%$79,051.00
1.38%$11.92
11.23%$1,559.38
1.69%$0.052027
-0.14%$0.417424
-1.47%$1.78
2.97%$0.01958837
8.33%$0.216981
1.61%Reading
Sure, Bitcoin has had a good week. Today, traders pushed the coin to its highest price since June 2019. But ya know which coins performed even better this week? Bitcoin spinoffs, each touted as superior to Bitcoin in their own way, yet far less successful...until now!
Childhood dreams came true this week for the creators of Litecoin, Bitcoin SV and Bitcoin Cash, the most popular Bitcoin spinoffs by market cap.
According to data from metrics site CoinMarketCap, while Bitcoin’s price increased by 13.6% this week to its current price of $13,014, Litecoin increased by 24.9% to $59, Bitcoin SV increased by 14.5% to $184 and Bitcoin Cash increased by 8.9% to $272.
Still, their success is trivial compared to Bitcoin, the largest coin by market capitalization. Bitcoin’s market cap is $240.5 billion.
Charlie Lee’s Litecoin, a “Lite” version of Bitcoin, has a market cap of $3.8 billion; Bitcoin SV, the cryptocurrency created by Bitcoin creator (ha!) Craig Wright, has a market cap of $3.3 billion; and Bitcoin Cash, another spinoff to Bitcoin that has a larger block to prime it for payments, has a market cap of $5 billion.
How about now?! 🐓🚀 https://t.co/HQIHFfIQYd
— Charlie Lee [LTC⚡] (@SatoshiLite) October 22, 2020
But all eyes are still on Bitcoin; combined, the market caps of all three spinoffs total $12 billion. That’s 5% of Bitcoin’s market cap.
That's perhaps why Kanye West didn’t talk about Bitcoin SV on the Joe Rogan Podcast; Jack Dorsey’s Square didn’t invest $50 million in Bitcoin Cash; and MicroStrategy CEO Michael Saylor hasn’t spent the past month relentlessly promoting Litecoin after his company bought $450 million worth of the cryptocurrency.
No, as Saylor put it last month, it's “Bitcoin" (emphasis added) that's "a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.”
Keep on dreamin’, Bitcoin spinoffs.
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC). The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin. One of those fundamentals is Bitcoin’s 21 million fixed token supply. While the video explains t...
El Salvador may have reached a deal with the International Monetary Fund that will see the tiny country scale back its Bitcoin law—but it’s still going to “HODL.” And it might even step up its BTC buys. That’s according to Stacy Herbert, the head of El Salvador’s National Bitcoin Office, who wrote on X (formerly known as Twitter) Thursday that the country may even continue buying the cryptocurrency at an “accelerated pace” going forward. El Salvador in 2021 made Bitcoin legal tender along with...
