Saturday, January 23, 2021
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Bitcoin whales are betting $40K isn’t the top as data hints bull run is only beginning

Bitcoin (BTC) whales clearly expect massive price rises in future as the number of wallets containing over 1,000 BTC ($35 million) hits an all-time high.Data from on-chain analytics resource Glassnode confirms that as of Jan. 20, there were in excess of 2,400 large-balance wallets.Whale wallets hit record highsIn 2021 alone,

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Bitcoin Miners Aren’t Responsible for Recent Price Dips, Data Shows

“Miners are selling” is a popular trope used to explain bitcoin’s occasional downward price action. But on-chain data doesn’t support this narrative, according to analysts and mining pools themselves.After bitcoin’s correction earlier this week to the tune of nearly 30%, miners were a popular scapegoat. But miners have been extremely consistent

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SV-based Taraxa Revolutionizes Legacy Data Auditing with Mathematically Provable Audit Trails

All applications built on top of Taraxa specifically address data visibility by implanting trust-verifying mechanisms to the backbone of operational transactions.Taraxa’s newly released testnet was just put to use for a process auditing platform that minimizes operational friction in multi-party business processes. The Silicon Valley-based blockchain startup is building auditing

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Faulty data? Grayscale didn’t liquidate massive amounts of XRP and XLM

Bybt data apparently showing a massive liquidation of XRP and Stellar Lumen (XLM) by Grayscale Investments earlier this week is inaccurate, according to the investment company.On Wednesday, a public Bybt data set suggested that Grayscale Investments reduced its exposure to XRP by roughly 9.19 million units and that the fund also

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‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows

Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spend among entities is decreasing, which means the liquidity is declining.If Bitcoin (BTC) liquidity is low, it means there is less BTC available to buy and sell. In the medium term, this

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