Cryptocurrency Analysis and News Portal
Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern's $2,870 resistance.Ether/USD price at FTX. Source: TradingViewFederal Reserve monetary policy
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Amberdata, a provider of digital asset data to financial institutions, has raised $30 million in Series B funding, with Coinbase and Nexo among the investors. Source
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Tuesday, Rocket Pool’s rETH staking token had the largest inflow into smart money wallets. Today’s data, however, tells a different story. Over the past 24-hour period, roughly $1.53 million worth of rETH has moved out of smart money wallets, the biggest outflow among tokens monitored by Nansen. Source
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It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline
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For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform. Source
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“Otherdeed for Otherside” NFTs have seen the most activity in the last 24 hours, according to the on-chain analytics firm. Original Source
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The Indian Computer Emergency Response Team (CERT-in), which falls under the Ministry of Electronics and Information Technology, issued a new directive on Thursday, forcing crypto exchanges, virtual private network (VPN) providers and data centers to store a wide range of user data for up to five years.Under the newly issued
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Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a great deal and the trend has lowered network fees to some degree. OP_Return Transaction
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Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance Ministry of Russia Backs Regulations Proposed by Law Enforcement
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Russia's Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country's Finance Ministry. Law enforcement agencies push for requiring crypto firms to share transaction data with investigators and for clarifying the terms on which digital assets
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