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XRP has been moving with a renewed strength every day and has seen itself breaking into a new high in about three years. The price of Ripple has jumped above the mark of $1.30 for the first time in 3 years (2018). This serves as a notable milestone, and it comes while the market is … Read more
South Korean digital asset Kimchi flamed out after its peak shine. Kimchi premium, whose task is to measure BTC price value’s premium in the digital asset exchange market of South Korea, has collapsed. The premium collapsed from 22% to 15% in less than a couple of hours, reported on 7th of April, 2021, and it … Read more
After reaching $60,000 in the previous month, Bitcoin now seems stagnant. The last bullish market that Bitcoin undertook added close to 500% to its value. Currently, recent reports have emerged that link BNY Mellon to be adopting a much significant look at Bitcoin’s stock-to-flow model. Last week BNY Mellon analysts expressed that even though the … Read more
Coin Bureau, a well-known cryptocurrency influencer, spoke about what he believes could be one of the most interesting and ‘hot’ cryptos in the entire industry right now. He is referring to the fintech platform Chiliz and its native token CHZ. Chiliz is essentially a fintech platform meant primarily for the sports and entertainment industry. It … Read more
Glassnode, an on-chain market intelligence, has issued a new report recently mentioning that Bitcoin (BTC) miners are trying their level best in expanding the Bitcoin (BTC) volume as the data shows that miners have recently mined and added 8,874 newly Bitcoins (BTC). It is observed that minors are more interested in storing the newly mined … Read more
A number of financial regulators in Russia have begun considering the introduction of various additional measures regarding the conversion of cryptocurrency to fiat via the involvement of banks. This decision was motivated primarily by the desire of German Neglyad, the deputy head of Rosfinmonitoring (Russia’s main service for monitoring financial transactions), to discover and eliminate … Read more
Cryptocurrency trading has become a common talk amongst people. The more that people face success due to cryptocurrency trading, the more fame that this field gets. But many people are still not fully aware of cryptocurrency trading fully. They have only heard about it on a surface level. But to truly understand and be a … Read more
It is a common observation that the abundance of anything in the market leads to devaluation, but in the case of cryptocurrency, there is scarcity. Scantiness will raise the value as well as the prices of Bitcoin tremendously. Cathie Wood, the CIO, Founder, and CEO of the ARK, discussed Bitcoin (BTC) at large in a … Read more
On-chain information from Glassnode reveals that long-term BTC holders are withholding from selling their BTC holdings. The data from Glassnode indicated that the amount of BTC that was seen active last time two years ago has hit a record low of 45.364% on a three-month range. The trend of the data also shows that BTC … Read more
Both Ethereum and Bitcoin have certainly been busy over the weekend, as both have managed to recover a considerable amount of gains, respectively. Bitcoin has been able to overcome the drop to $54,000 by adding more than $2,000 to its value. This, in turn, resulted in it taking a vital step forward as it overcame … Read more
Altcoin Psycho, a well-known figure in the crypto world, tweeted in which he showed his interest in investing in less renowned cryptocurrency, which escalated the market in a couple of hours. As the tweet states on social media that the trader is going to heavily invest in little or less-known currency that is built on … Read more
As soon as the market capitalization of Bitcoin touched $1 trillion, it seemed as investors were already considering taking advantage of this rewarding situation. Bitcoin experienced a massive hit of more than 12% in its price value last week from its all-time high, which caused it to fell from the 1 trillion dollar spot once … Read more