Cryptocurrency Analysis and News Portal
Although SHIB initially suffered a dramatic price plunge, the coin has thrived ever since. According to CoinGecko, SHIB ranks as the 13th-largest cryptocurrency by market capitalization. That’s more value than UNI, the token of Uniswap, one of the most popular decentralized finance (DeFi) protocols on the Ethereum blockchain. Source
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Data shows large transactions are rising in dominance as whales are moving their coins. This hints at Bitcoin’s increased maturation as a macro asset. Large Transactions Are On The Rise On The Bitcoin Network According to the latest weekly report from Glassnode, large transactions are becoming increasingly dominant on the BTC network,
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While bitcoin continues to become more scarce every day, the most popular set of physical bitcoins, crafted by Mike Caldwell from 2011 to 2013, have become far scarcer than their digital counterparts. As of September 18, 2021, there are now less than 20,000 active bitcoins from the Casascius physical bitcoin
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Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan. On top
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The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn’t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since the
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Pransky, a prominent non-fungible token (NFT) collector, was swindled of 97.7 Ethereum that is worth about $341,500. This happened after the hijack of the website of Banksy, a popular artist, for the promotion of a fake NFT auction. Nevertheless, almost the entire funds have been recovered. On August 31, Pransky identified
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Last week, a similar incident occured when another NFT project, called the Stoner Cats mini-series resultet in users losing $790,000 in failed Ethereum transactions.In a recent NFT drop on the Ethereum Network, hundreds of users lost around 174 ETH while fiercely causing congestion on the Network. The new collections of
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In the present-day connected world, memes have become an integral part of our pop culture. While one can’t put a monetary value on the entertainment they provide, its creators can definitely be encouraged and rewarded for their contribution towards a lively internet. Catecoin, the first decentralized meme-based token is trying to
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Phemex, one of the fastest crypto exchanges and futures trading platforms in the industry, has further bolstered its offering by announcing the inclusion of 8 new cryptocurrencies available in both their crypto spot market and derivatives market. The latest bunch of coins to make it to the list includes BAT,
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It’s been another great week for altcoins as the total market capitalization of all cryptocurrencies moves within spitting distance of the $2 trillion mark.And it’s been equally positive for the Cryptox Markets Pro platform, which tracks crypto market conditions and real-time headline news in the blockchain industry to deliver market
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