Cryptocurrency Analysis and News Portal
Summary:The number of Bitcoin whales holding 100k BTC or more has hit an 11 month highThe whales now control 2.20% of Bitcoin supply up from 0.76% 11 weeks agoAt the same time, smaller addresses of 1k – 100k Bitcoin have droppedThe drop could be attributed to selling before BTC broke
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This is the year cryptocurrency finally starts to break into the mainstream. From Elon Musk and Tesla investing in and accepting Bitcoin (BTC) to the recent nonfungible token craze, the days of blockchain tech being the domain of cypherpunks and coders are behind us.Still, the technology has not quite advanced
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Decentralized Finance never ceases to amaze with records as more platforms gain success in this field. The decentralized Binary options platform and exchange Value Network stepped into the DeFi area and gained unmatched success in two days. Reimagined with the help of blockchain technology, Binary options seem to become a no-brainer
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Bitcoin price is showing positive signs above $58,500 and $59,500 against the US Dollar. BTC is likely to accelerate higher above $61,000 and $62,000 in the near term. Bitcoin gained bullish momentum above the $58,500 and $59,200 resistance levels. The price is now trading above the $60,000 support and the 100 simple
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Amid a weekend pump carrying multiple cryptocurrencies higher, Ripple’s XRP looks to be leading the way with a push as high as 30% on the daily — carried on the back of a string of legal victories and rumors of relisting at some exchanges. Where Bitcoin and Ethereum are up merely
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Taking the market by storm, OlympusDAO’s native OHM is up 95.8% this week alone and 31.1% in the past two weeks. At the time of writing, OHM is trading at $812,76 with 7.3% profits in the 24-hour chart. With a market cap of just $68 million, OlympusDAO might have gone unnoticed
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Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cryptox. Alt szn is upon usMelker sees this period of Bitcoin’s price consolidation as particularly bullish for the second largest cryptocurrency, that recently reached new all time highs. Melker
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After a consolidation phase spread over the last few weeks, Bitcoin is trading back above $60,000. With 3% gains in the daily chart, at the time of writing, and 2% profit in the weekly chart BTC still looking for confirmation on its rally. BTC with bullish momentum in the 24-hour chart.
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The bulls ride again on XRP’s side, as the token breaks about $1. On the legal subject, things seem to be going well for Ripple’s corner as rumors of an SEC settlement grow louder. Back in December, the Commission hit Ripple Labs, executive Brad Garlinghouse, and Chris Larsen with a lawsuit
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While blockchain itself provides the technology constructs to facilitate exchange, ownership and trust in the network, it is in the digitization of value elements where asset tokenization is essential. Tokenization is the process of converting the assets and rights to a property into a digital representation, or token, on a
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