Ethereum’s top 10 whale addresses are continually accumulating ETH The Ethereum whales now hold 20.58% of ETH’s circulating supply This is the highest percentage they’ve held since May 2017 2.12% of their holdings was accumulated in the last 41 days Ethereum is once again trading below $2k with $1,700 being a support zone to watch …
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Grayscale Investments has entered an agreement with The Bank of New York Mellon Corporation, also known as BNY Mellon Effective Oct. 1st, BNY Mellon will become an asset servicing provider for the Grayscale Bitcoin Trust BNY Mellon will also provide transfer agency and ETF services for the Grayscale Bitcoin Trust once it gets converted into …
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The US Consumer Index has risen by 5.4% in June from a year ago This increment is the highest annual rate increment since August 2008 The US consumer is paying more for goods and services as inflation bites News of the increased Consumer Index has caused Bitcoin to once again lose its $33k support to …
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ShibaSwap is currently ranked 9th on all blockchains in terms of total value locked at $2.2 Billion ShibaSwap has eclipsed known protocols such as Venus and Synthetix ShibaSwap is also ranked 10th in 24-hour users at 9,281 SHIB/USDT is still trading below the 50, 100 and 200 moving averages on the 6-hour chart The recently …
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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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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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XRP continues to exhibit weakness on the daily chart XRP/USDT is currently trading below the 200-day moving average and seems destined for a death cross Buyers of XRP are yet to step up to the plate and return it to bullish territory XRP’s $0.50 support remains strong with a retest of this level likely The …
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7.3% of Bitcoin’s circulating supply is held on crypto exchanges This amount translates to roughly 1,533,235 Bitcoin Coinbase and Binance lead the rest in Bitcoin holdings Bitcoin exchange outflows have once again resumed despite the bearish environment Bitcoin outflows point towards renewed accumulation and a possible floor at current levels However, Bitcoin is still in …
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Cardano recently eclipsed Bitcoin as the most held crypto on eToro US in Q2 of 2021 The team at Weiss believes this is a sign that Cardano is on a path towards becoming a successful decentralized network Furthermore, Cardano is building a strong community around the project Over $31.75 Billion in ADA is currently staked …
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36.92% of TFUEL’s circulating supply is now staked on the Theta Network This translates to roughly 1,970,092,812 TFUEL Staking of Theta Fuel (TFUEL) has been active for less than 2 weeks 63.24% of THETA is also committed to staking TFUEL/USDT on the daily chart looks set for a trend reversal to the upside 36.92% of …
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Unique addresses on the Binance Smart Chain have hit a new all-time high of 83.152 million However, the daily transaction count on the Binance Smart chain has dropped by 66.38% since its peak value in mid-May Total value locked on the Binance Smart Chain now stands at $25.933 Billion and has dropped by 51.4% since …
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Jack Dorsey has confirmed that Square is working on developing a hardware wallet for Bitcoin The team at Square is requesting community participation in the project Square is also hiring for key roles in hardware, software, security and business Jack Dorsey has proposed an ‘assisted self-custody’ solution centered around the internet on mobile Square also …
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Ethereum’s current on-chain metrics provide a 50:50 probability of ETH going either way However, similarities between the 2017/18 cycle and the current environment, point towards a dip by Ethereum Ethereum has also printed a rising wedge pattern that provides further proof of a pending pullback to lower levels of $1,750 Implementation of EIP1559 could be …
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Zilliqa’s bridge to Ethereum is now live on Testnet Beta testing of the bridge is now open to the Zilliqa and Ethereum communities The team at Zilliqa is providing incentives for community feedback with suggestions ZIL/USDT is however still in bearish territory amidst an uncertain Bitcoin The highly anticipated bridge between the Zilliqa and Ethereum …
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Dogecoin is now ranked 7th in terms of market capitalization Dogecoin has dropped 3 spots since its peak ranking at number 4 in early May DOGE’s 200-day MA is providing adequate support at the $0.17 price area The 200-day MA will be crucial in determining whether Dogecoin remains in the top 10 in terms of …
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