Crypto analytics firm Santiment is revealing some of the behavior of Bitcoin’s largest whales, and what it could mean for the market as it trades sideways. Santiment tells its 78,000 Twitter followers that Bitcoin’s biggest whales, or entities with more than 100,000 Bitcoin (BTC), now own 3.64% of the total supply, which is a 27-month …
Author archives: Adam Owen
Here’s When the Bitcoin Bull Market Will End, According to Top Analyst Nicholas Merten
Top crypto analyst and influencer Nicholas Merten is predicting when the Bitcoin bull market will top out. In a new video, Merten tells his 463,000 subscribers that when taking a look at previous Bitcoin bull markets, it does not appear that we are anywhere close to a top for the flagship cryptocurrency this cycle. “Eleven …
Crypto staking rewards and their unfair taxation in the US
The United States Internal Revenue Service (IRS) stretches the tax rules to fit its cryptocurrency agenda. At no time in tax history has pure creation been a taxable event. Yet, the IRS seeks to tax new tokens as income at the time they are created. This is an infringement on traditional tax principles and problematic …
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Strong Bitcoin accumulation spotted as BTC price refuses to fall below $30K
Bitcoin (BTC) price remained relatively flat over the weekend, inching closer to $34,000 on July 11. Nevertheless, BTC/USD has tumbled by almost 50% from its all-time high, near $65,000 in mid-April. But the massive downside move has not deterred investors from betting on the digital asset’s long-term bullish outlook. According to one of the Glassnode …
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Axie infinity is the top earning DeFi dApp. But what is it?
Axie infinity is the top earning DeFi dApp. But what is it? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Gaming Axie Infinity sees highest protocol revenue in the last 30 days among DeFi Platforms, pushing ahead of competitors like PancakeSwap and MakerDAO. Ana …
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China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development priorities. Beijing Gives Away 269 Million Yuan in …
The Bogdanoff Twins Claim They Participated in Helping Satoshi Nakamoto Build Bitcoin
Following the infamous meme that shows one of the Bogdanoff twins on the phone telling whales to initiate a crypto-market dump, the Bogdanoff brothers now claim they took part in inventing the leading cryptocurrency bitcoin with Satoshi Nakamoto. During an interview hosted on L’Heure des Pros, the Bogdanoff twins said as mathematicians the two were …
Survey: Financial Sector Wants Ukraine’s CBDC to Facilitate Transactions in the Crypto Market
A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for the e-hryvnia that would allow peer-to-peer transfers and fuel e-commerce. Financial Experts Define Potential Uses of Ukraine’s Digital Currency The …
Social Media Giant TikTok Bans All Promotion of Crypto Assets
TikTok is banning all promotional content related to cryptocurrencies on its platform in an effort to create a safer and more positive environment for its users. In an updated version of its branded content policy, TikTok says it is prohibiting content that promotes financial products and services, including crypto. ADVERTISEMENT The policy update also …
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Ethereum’s 2.0 upgrades aren’t the game-changer that could bring more users
Ethereum 2.0 (Eth2) is being pegged as the blockchain Messiah of Ethereum. Newsflash: it’s not. The long-awaited changes are not expected to solve core issues that are plaguing the network and forestalling wider adoption. Vitalik Buterin, the brilliant mastermind behind the Ethereum blockchain, considers the personnel working with Ethereum as a bigger problem than the …
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Chainlink’s Top 10 Whales Now Hold 63.3% of LINK’s Circulating Supply
The top 10 Chainlink whales now hold 63.3% of LINK’s circulating supply The percentage held by the top 10 Chainlink whales has dropped from 67.5% in January 2021 The continual distribution of LINK away from whale addresses is encouraging Chainlink is once again staring at $15 as its strongest support amidst a descending triangle The …
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Bitcoin (BTC) Sentiment Remains Negative, Nears 3-year Lows
Crowd sentiment towards Bitcoin continues to dip to negative territory Bitcoin sentiment is at negative levels last witnessed in October 2020 At current rates, it could keep falling to negative levels last seen in June 2018 The Crypto fear and greed index is at 20, its lowest since April 2020 Bitcoin’s price action remains uneventful …
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Elon Musk Says Dogecoin Won’t Need To Match Visa’s Speed To Be Useful – Here’s Why
Tesla CEO Elon Musk is still talking about Dogecoin’s future, discussing what the meme currency must achieve to stay relevant in the digital payments world. This week, the tech billionaire took to Twitter to share his thoughts on how to improve Dogecoin’s digital payments system. If Dogecoin (DOGE) aims to build a faster and less …
Adopting a decentralized way of life, from small steps to giant leaps
Bitcoin (BTC) and other cryptocurrencies, such as Ether (ETH), all share a common goal: to decentralize the way people bank and to open up the under-financed and under-banked world to their own financial independence. Decentralization and accessibility are some of the key motivators in the crypto sphere. Crypto and blockchain were not made for a …
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Blockchain can help publishers improve audience trust
Readers expect their news content to be reliable and trustworthy, yet many doubt it actually is. Readers cite issues like unchecked sources, rushing too fast to print, careless reporting and news sites being deliberately misleading as contributing to their eroding trust in published content. Yet readers seek out — and are even willing to pay …
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