Q1 2021 was a period of XRP accumulation by whales The number of XRP whales holding 10 million or more coins increased from 308 to 319 in Q1 The number of XRP whales holding between 1 million and 10 million increased from 1,125 to 1,196 XRP ledger transactions increased by 23% in Q1 as unique …
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Ethereum Classic’s hash rate has hit an all-time high of 33TH/s This is the highest hash rate since ETC was launched in 2016 Ethereum Classic has also set a new all-time high of $179.83 – Binance rate ETC is now ranked 13th in terms of market cap and still trading at a premium on Coinbase …
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Ethereum deposited in smart contracts has reached 22.8% of its circulating supply Ethereum on crypto exchanges has dropped to 12% of the circulating supply 2021 has seen 10 events where over 200k ETH is withdrawn from exchanges in a day Ethereum has set a new all-time high of $3,605 – Binance rate The trend of …
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Bitcoin could be gearing up for another leg up due to investors and traders moving their BTC out of exchanges Less Bitcoin is stored on Coinbase than during the 2017 bull cycle According to Bloomberg, Bitcoin is in the early days of adoption and primed for further growth Bitcoin could be gearing up for another …
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ETH, Ethereum Network’s native token, reached the $3k milestone on May 2nd, after a week of reaching new all-time highs. In addition to a jump in prices, ETH has been the subject of interest by institutional and private investors. The second-largest cryptocurrency by market capitalization has experienced gains in the value of 37% over the …
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Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public Consultation Paper According to the announcement published on their website, the …
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published by Donga, miners should be accountable for paying …
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Bitcoin and the crypto economy have been making their way into the world of real estate these days. A recently published report shows that Realtor.com data indicates that people selling property for crypto assets have risen a great deal. Statistics show that there are 14.3 crypto accepting listings per 100,000 homes in the company database. …
The NFT ecosystem is in full bloom, with several renowned names entering the playing field. As more and more artists and creators join the cash-strapped world of NFTs, we’ve got you covered with the latest announcements and launches of the week that are taking the world by storm. Hashmasks Introduce a Passive Opportunity to Earn …
Bitcoin (BTC) Price Prediction – May 7, 2021Since May 1, BTC/USD upward moves have been restricted below $58,000 high. Bitcoin now fluctuates between $53,000 and $58,000 price levels. Bitcoin bulls have retested the $58,000 resistance level on four occasions but unable to break it. BTC price is now falling after the last rejection. Resistance Levels: …
Bitcoin (BTC) Price Prediction – May 6 After touching the daily high of $58,400, BTC/USD drops over 0.55% as it trades at the $57,185 level. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $53,000, $55,000, $57,000 BTCUSD – Daily Chart The daily chart reveals that BTC/USD failed to …
As Australians venture deeper into the crypto market, fund managers in the country are racing to seek approval from regulators for the first Bitcoin ETF. Two companies that have submitted formal proposals for review and approval by the Australian Securities Exchange (ASX) are VanEck and BetaShares. The move comes despite reports in May suggesting the …
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Bitcoin (BTC) Price Prediction – March 5 BTC/USD is up by more than 6.94% after a sudden and bullish price spike. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $48,000, $46,000, $44,000 BTCUSD – Daily Chart The daily chart reveals that BTC/USD has pushed above the crucial resistance …
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Citigroup, a banking giant, is launching a crypto trading and custody service. The new service aims to meet the growing demand for crypto assets. Itay Tuchman, the global head of forex for Citigroup, has confirmed that the bank had witnessed a rapid accumulation in Bitcoin (BTC) interest from institutional clients. Tuchman announced the move in …
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Binance is allowing its clients to earn interest from staking on the Terra Virtua platform. Participants able to earn a maximum of 47.67% annual percentage yield (APY). The staking event for the Terra Virtua NFT platform, which is aimed at artists, collectors and gamers, began on 6 May. Early stakers will fill the first spots. …
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