On-chain data shows the Bitcoin whale ratio has surged up recently, as leverage in the market has remained around an all-time high value. Both Bitcoin Whale And Leverage Ratios Are Around ATHs Right Now As pointed out by an analyst in a CryptoQuant post, BTC investors are involved in some high-risk trading in the futures …
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Crypto assets have different utilities, but at the end of the day, their performance will be evaluated by their trading price, volume and total market capitalization. That is perhaps the lesson that was reminded to the Polygon network and its native cryptocurrency MATIC, which continues to decline after attaining its all-time high just 10 months …
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XRP is in a wait-and-see position as it braces for the conclusion of a lawsuit filed by the U.S. Securities and Exchange Commission against Ripple Labs. XRP’s forecast average price for October 2022 is $0.50995 XRP, at one point, was up by almost 60% Ripple Labs continue to gain procedural wins against SEC It can …
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The post-Merge landscape of Ethereum took many by surprise; the figures and the outcome weren’t something they had in mind. Bad macroeconomic conditions and other negative factors overshadowed what was expected as a breakthrough. It was, in some ways, but the fanfare pre-Marge was so hyped up, until a few days following the event. The …
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August figures released by Brazil’s tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded.
A widely followed crypto analyst says that smartphones could onboard huge waves of new users to the world of digital assets. In a new video update, the host of InvestAnswers says that simplified mobile crypto wallets could be what causes the public to embrace virtual assets. “If you can simplify the wallet, you can change …
From Gucci to Balenciaga, big fashion brands are making their way into the Metaverse. While public interest in the Metaverse has not been completely lost, brands are trying to make the most of its popularity. Many luxury brands have already jumped on the gamification bandwagon, selling branded skins and buying land in the Metaverse. We …
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Social tokens are increasingly being used in online blockchain communities. They offer numerous benefits to users. The crypto world is going through a transformative chapter that is bound to revolutionize how the internet works and how online communities interact, and social tokens are at the heart of the latest inflective developments. Their rise comes at …
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The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe. Ethereum’s long-awaited transition to a proof-of-stake (PoS) consensus mechanism kicked off on Sept. 15, thus finally putting its long-standing transaction woes in the rearview mirror. To this point, the …
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The Bitcoin (BTC) price prediction indicates sideways movement as the coin fails to cross above the 9-day moving average. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,449 Bitcoin market cap – $373.3 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bearish …
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In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société Générale notes that the index will …
According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks leverage the ten-minute average, the countdown leveraging the most current block intervals of around 7:65 minutes shows the halving could occur in 2023. …
The $0.05443 price level is a major price level in the Tamadoge market. The price struggled at this level between the 16th hour to the 18th hour of the trading session on the 8th of October. After the faceoff between demand and supply, the price breakout in the direction of a lower price level. …
Commodity strategists from Bloomberg say that two altcoins are outshining Ethereum (ETH) when looking at one particular metric. In the latest Bloomberg Intelligence: Crypto Outlook report, analysts Mike McGlone and Jamie Douglas Coutts say that in terms of its fee structure and issuance system, Ethereum enjoys a strong dominance over much of the market. However, …
Executives from the Helium Foundation, the non-profit behind decentralized hotspot blockchain Helium (HNT), are responding to crypto exchange Binance’s sudden delisting of the project’s native token. Binance delisted HNT’s main trading pairs last week with no specific explanation. In a statement to Forbes, Binance spokesperson Jessica Jung said, “[Binance periodically reviews] each digital asset we …
