Cardano has now crossed the 1 million staking wallets milestone. The project has been one of the most promising in the space and has garnered a cult-like following since it debuted in 2017. The altcoin held the number one spot for the network with the highest amount of coins staked until recently when Solana took …
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Apparently, the People’s Bank Of China is considering using blockchain technology to power the Digital Yuan CBDC. The coin, also known as Digital renminbi or digital RMB, has been in beta-testing for a while now. However, Di Gang, deputy director of the Digital Currency Institute of the People’s Bank of China, recently presented an extensive …
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Bitcoin price in a flash found itself below $50,000, only weeks after the top cryptocurrency set a higher high. End of year price targets for $100,000 or much higher are now no longer within striking distance, thanks to a rare bull market corrective pattern that few saw coming. But although Bitcoin has fallen “flat” on …
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On-chain data shows Bitcoin short-term holders are increasingly selling at a loss following the latest crash in the crypto’s price. Bitcoin Short-Term Holder SOPR Dips Further Below One As pointed out by an analyst in a CryptoQuant post, on-chain data shows that the STH SOPR has decreased to July levels, suggesting that short-term holders are …
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Bitcoin has now become part of El Salvador’s daily life following the official implementation of the cryptocurrency as a legal tender. Since then, the El Salvador government has pledged to purchase bitcoins and has held up its end of the bargain. Now, every time the price of BTC goes down, the country calls the dip …
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A new survey shared with Cointelegraph has found that the proportion of Australian women who own crypto assets has doubled in the last year. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) of 2000 Australians found that the number of women who currently or have previously invested in crypto rose from 10.3% in 2020 to 20% …
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Crypto investment firm Hashed is currently under investigation by the National Tax Service (NTS) in South Korea according to local media. The 4th Bureau of Investigation from the Seoul Regional Tax Office, which is handling the investigation, is best known for conducting investigations into tax evasion and slush fundraising. A slush fund is a pool …
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Veteran crypto trader Tone Vays is looking at the state of Bitcoin following the deep correction that took BTC down below $42,000 in a matter of minutes last weekend. In a new strategy session, Vays says that if the stock markets can pull off a rally in the early stages of this week, Bitcoin may …
Crypto analyst Benjamin Cowen is taking a look at the state of Ethereum following the marketwide correction that shaved nearly $600 billion off the digital asset markets. In a new strategy session, Cowen says historically, Ethereum has seen multiple phases where it consolidates for long periods of time before making parabolic moves up, such as …
Looking at the winners and losers of the past week clearly shows that traders endured some serious heat as the total crypto market capitalization dropped by 12.7% when Bitcoin fell to $41,000. This sharp downside move knocked the figure from $2.37 trillion to $1.92 trillion on Dec. 3 and a total of $2 billion long …
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This holiday season, fintech provider Unbanked will be enabling crypto donations for Toys for Tots, a program run by the United States Marine Corps that collects toys to distribute to disadvantaged children. In a Dec. 2 announcement, Unbanked said it would be allowing users to donate cryptocurrencies including Bitcoin (BTC) and Ether (ETH) as part …
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The host of the popular crypto channel Coin Bureau says an Ethereum (ETH) rival might pull off a 50% rally soon, and that the worst of Bitcoin’s (BTC) correction is probably behind us. In a new video, pseudonymous crypto analyst Guy tells his 1.7 million YouTube subscribers that he’s got his eye on open-source blockchain …
Crypto exchange Coinbase reportedly wants to make its infrastructure product, Coinbase Cloud, the Amazon Web Services (AWS) of blockchain. AWS, which provides on-demand cloud computing services and application programming interface (API) to individuals, businesses and governments on a metered pay-as-you-go basis, is the most profitable arm of Amazon. Forbes reports that AWS brought in $13.5 billion …
HodlX Guest Post Submit Your Post Currently, it can be said quite clearly that BTC has confidently taken its niche in the world of finance – in particular among risky assets – as the most convenient exchange-traded asset which is most often used by professional players in the market for hedging purposes. Unlike traditional assets to which …
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The founder and chief executive of BitMart is revealing that the global crypto exchange suffered a massive breach in security that enabled hackers to steal hundreds of millions of dollars worth of digital assets. Sheldon Xia confirms the attack via Twitter and says hackers were able to access two of the exchange’s hot wallets, which …
