New Research Suggests: Bitcoin Dominance Is Actually Above 90%, Patrick Byrne Resigns as CEO of Overstock, & Other News

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Daily digest by Cointelegraph Bitcoin Dominance is Actually Above 90%, New Research Suggests Bitcoin's true share of the total market capitalization among all cryptocurrencies may actually be above 90%, Forbes reported on Aug. 2, while mainstream crypto data aggregators have been pointing to a dominance level of about 70%. Crypto advocate Patrick Byrne resigns as CEO of Overstock Noted crypto advocate Patrick Byrne resigns as CEO of Overstock. In his letter of resignation, Byrne reaffirmed his faith by stating "the blockchain revolution will reshape key social institutions." Bitcoin Price 'Not at the Top' of New Bull Cycle Yet, Data Shows In social media posts, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That was just months before the cryptocurrency reached its all-time high of $20,000. Bitcoin Price 'Will Never Hit $50K,' Gold Bug Peter Schiff Tells Tom Lee Bitcoin prices will never make it to $50,000. Gold bug and crypto skeptic Peter Schiff has made a new claim in his latest attack on the world's largest cryptocurrency. Samsung-Backed Blockchain Startup Raises $7.5M From Shinhan Bank South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Which celebs have launched their own crypto? Who has sold music for Bitcoin besides 50 Cent? Which famous people have promoted ICOs? 24 celebrities — 24 crypto stories in the new chapter of our "People Talk" write-up! Numbers of the day   Bitcoin's true share of the total market capitalization for all cryptocurrencies may actually be above 90% Forbes reported Tweet it 1.5 mln people follow us on social media Download our official free app →

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